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Cowen Downgrades Grub on “Narrative Problem,” Recommends Buying Waitr

Cowen Downgrades Grub on “Narrative Problem,” Recommends Buying Waitr

by Tom Kaiser | Sep 13, 2019 | Finance, Research, Scoreboard

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

California Passes Landmark AB5 Gig-Economy Legislation

by Nicholas Upton | Sep 11, 2019 | News, Third-Party Delivery, Top Stories

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 Announces ‘Perks,’ Adding Offers, Loyalty

by Nicholas Upton | Sep 5, 2019 | Best Practices, Briefs, News, Third-Party Delivery

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

Dunkin’s Delivery Pro on Catering, Grubhub Launch

by Tom Kaiser | Aug 22, 2019 | Best Practices, Third-Party Delivery, Top Stories

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...
Grubhub Responds to ‘Misleading’ Accusations

Grubhub Responds to ‘Misleading’ Accusations

by Tom Kaiser | Aug 8, 2019 | Third-Party Delivery, Top Stories

In a letter posted on its Learning Center site, Grubhub claims it has been on the receiving end of “misleading stories in the media” regarding driver tips and practices related to its restaurant contracts that have birthed a raft of negative news stories in recent...
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