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Reef Inks Partnership to Expand in Middle East, North Africa

Reef Inks Partnership to Expand in Middle East, North Africa

by Tom Kaiser | Jan 6, 2022 | Briefs, News, Top Stories

Reef is kicking 2022 off with a bang, announcing a joint venture with Americana Group, the largest food and beverage operator in the Middle East. Together, the two companies will open new ghost kitchen facilities in the Middle East and North Africa regions that...
Making the Economics of Ghost Kitchens and Virtual Restaurants Pay Off

Making the Economics of Ghost Kitchens and Virtual Restaurants Pay Off

by Tom Kaiser | Jun 24, 2021 | Best Practices, News

Sales pitches for virtual restaurants and ghost kitchens are certainly promising, but a panel of diverse restaurateurs and category experts shed some much-needed light on the real-world economics restaurant operators are seeing in these still-new industry channels....
Uber Narrows Loss on 28% Delivery Revenue Surge

Uber Narrows Loss on 28% Delivery Revenue Surge

by Tom Kaiser | May 13, 2021 | COVID-19, News, Third-Party Delivery

After losing $968 million last quarter, Uber delivered improved first quarter earnings with a net loss of $108 million that was, as CNBC put it, a “tremendous improvement” from the fourth quarter of 2020 with delivery revenue up 28 percent over the Q4 2020 and 230...
VDC’s Guy Fieri Flavortown Kitchen Hits 160 Locations

VDC’s Guy Fieri Flavortown Kitchen Hits 160 Locations

by Tom Kaiser | Mar 10, 2021 | News, Top Stories

Guy Fieri’s Flavortown Kitchen is the latest celebrity-backed virtual restaurant from Virtual Dining Concepts (VDC), and since its rollout in early 2021, Flavortown Kitchen is already up to approximately 160 locations up and running. Founded by Robert Earl, a...
The Economics of Virtual Restaurants

The Economics of Virtual Restaurants

by Tom Kaiser | Feb 3, 2021 | Best Practices, Third-Party Delivery, Top Stories

If you believe the hype, virtual restaurants are a savior for existing restaurants struggling to turn a profit or looking to monetize excess kitchen capacity. For the countless operators now buying into virtual concepts from existing restaurant players,...

Packaging Summit Block

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September 26 & 27 2022

The Off-Premises Packaging Summit as a forum for the industry to connect, collaborate, and construct new solutions specifically for the takeout and delivery market.

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