Cowen Downgrades Grub on “Narrative Problem,” Recommends Buying Waitr
Cowen, a New York analyst firm that closely follows Grubhub, slightly downgraded its price target for the Chicago-based delivery giant. Following the company’s revised 2019 guidance, the firm lowered its price target from $91 to $86, affirming that it still expects...
California Passes Landmark AB5 Gig-Economy Legislation
The California legislature passed a hotly contested bill that if signed by California Governor Gavin Newsom would reshape the gig economy in California and likely beyond. Basically, Assembly Bill 5 (AB5), codifies a California Supreme Court ruling that states that...
Grubhub Announces ‘Perks,’ Adding Offers, Loyalty
Grubhub this week announced new functionality dubbed “perks.” The new in-app feature means new options for diners and restaurant owners to better tailor the experience and potentially entice diners to order from them. It might not seem like a huge deal, but for a long...
Dunkin’s Delivery Pro on Catering, Grubhub Launch
As Dunkin’s new director of catering and delivery, Brandy Blackwell has her work cut out to improve convenience in a system with close to 9,500 locations in the U.S. With millions of Americans living above or adjacent to a Dunkin’ or, at the least, passing one on...
Outstanding Operators
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.