In a new report looking ahead to the restaurant industry as COVID-19 continues to gain steam, stock analysis and financial services firm BTIG has some logical conclusions about where the industry might go from here. Above all, the crisis could be especially bad news...
As the COVID-19 pandemic continues to shake the restaurant industry, industry data is giving some clarity to just how bad sales are. Data from various outlets shows an industry in free fall, and while sobering, a clear view is important so the Food On Demand world can...
The once-disruptive meal kit leader, Blue Apron, announced that it was looking at a “range of strategic alternatives” as it reported its final quarterly earnings for 2019. In all, the fourth-quarter results were not great. The company missed earnings per share...
It might not seem like a lot amid the billions invested in the grander food-on-demand space, but $545,900,000 in cumulative investment for essentially blank kitchen spaces is incredible and shows that investors are as hungry as ever to get a piece of the evolving...
In a potential hint at what the U.S. delivery market might look like in a couple years, Takeaway has acquired Just Eat for $7.8 billion in an all-stock deal. Amsterdam-based Takeaway.com is at the final step before integrating operations with the U.K. operator. As of...
Grubhub announced fourth-quarter results, and ultimately delivered a mixed bag, missing analyst estimates for earnings, but growing revenue slightly faster than expected. Revenues came in at $341 million, a 19 percent year-over-year increase from $288 in the fourth...
