by Tom Kaiser | Nov 8, 2023 | Finance, News, Third-Party Delivery
DoorDash’s shares have maintained their post-earnings jump after the San Francisco-based delivery giant reported its third-quarter financial results showing double-digit increases in total orders and revenue, among others. Its shares rose approximately 20 percent...
by Tom Kaiser | Nov 8, 2023 | Finance, Meal Kits, News, Top Stories
New York-based Wonder Group has now received approximately $950 million in funding over its three-year history after receiving a $100-million investment from Nestle, according to CNBC. The nine-figure investment comes in the wake of a succession of big-ticket...
by Bernadette Heier | Nov 7, 2023 | News
POS giant Toast has launched a mobile app for restaurant operators—a highly requested tool among users. The Toast Now app allows operators to run restaurant operations from their phones by gaining visibility into real-time sales, traffic and labor data. The app...
by Tom Kaiser | Nov 1, 2023 | News, Retail & Services
For a category typically associated with theme parks, destination malls and kiosks placed in buzzing locations, beaded ice cream maker Mini Melts and its competitors are already accustomed to meeting their energetic customers where they’re at. In the shadow of its...
by Joe Halpern | Nov 1, 2023 | News
Craveworthy Brands CEO Gregg Majewski said he is excited to partner with C3 for the first time and work with Sam Nazarian’s digital restaurant company to launch the franchising platform for an emerging Mediterranean fast-casual brand he is convinced has enormous...
by Tom Kaiser | Nov 1, 2023 | Finance, News
A year and a half after a national ad campaign incentivized Domino’s customers to pick up their pizzas rather than having them delivered, the pizza giant’s customers have followed suit as its pickup sales rise and delivery sales fall. During its third-quarter 2023...
by Tom Kaiser | Nov 1, 2023 | News, Top Stories
Editor’s note: Brandon Coleman, who TGI Fridays promoted to CEO in August, has resigned for personal reasons, the company announced October 31. Weldon Spangler, a longtime TGI Fridays board member, has been appointed CEO effective immediately. Spangler...
by Bernadette Heier | Oct 31, 2023 | Briefs, News
Captain AI, a delivery logistics startup, has secured $2.1 million in seed funding, to further streamline in-house delivery operations for restaurants through AI-driven software solutions. The funding, led by firm GreenSky Ventures, will advance the company’s product...
by Peter Backman | Oct 25, 2023 | News, Third-Party Delivery
Contributing editor, Peter Backman is a long-term foodservice sector guru and founder of theDelivery.World, a platform that connects the delivery sector and makes sense of the myriad changes and challenges that affect the sector across the globe. In 2023, the global...
by Tom Kaiser | Oct 25, 2023 | News, Top Stories
With built-in TV notoriety, wildly profitable food trucks, a growing mail-order business, and a corporate team that now includes Angela Coppler from Wendy’s, Cousins Maine Lobster is leveraging its non-traditional off-premises operation as it begins a multi-front...