by Arthur Robert | Mar 3, 2022 | News
When COVID-19 hit, it was clear that things in the restaurant industry were going to change. Many of those changes, such as the rise of delivery, were obvious. But other changes and their knock-on effects would have been harder to predict. “I never thought I’d see the...
by Nicholas Upton | Feb 9, 2022 | Finance, News
Chipotle marked another exceptional year of business by nearly every metric. Off-premises operations and digital ordering were especially bright spots in its latest earnings report. In the fourth quarter, Chipotle’s revenue increased 22 percent, reaching $2 billion...
by Arthur Robert | Oct 14, 2021 | Briefs, News, Third-Party Delivery
Two Chick-fil-A customers are suing the chain over its “deceptive and untruthful promises” of flat, low-cost meal delivery. The complaint alleges that, in addition to the delivery fees, usually $2.99 or $3.99, the chain “secretly marks up food prices for delivery...
by Tom Kaiser | Jun 24, 2021 | News, Third-Party Delivery, Top Stories
Fresh off a recent $65 million funding round, Belgium-based Deliverect is moving into the North American hospitality market with expectations that delivery volumes still have significant growth ahead, partially fueled by the explosion of ghost kitchens and virtual...
by Nicholas Upton | Apr 1, 2021 | Finance, News
Chipotle has invested in Nuro, a California-based autonomous vehicle manufacturer that’s been making news ever since its founding in 2016. Known for delivery vehicles that are similar to Smart cars, it has tested deliveries with Domino’s, grocery stores and others,...