Food on Demand's buzz on Facebook, Amazon and Omnivore's CEO
As the food on demand industry gains market share, I, for one, became afraid that we were going to have a whole generation who never left home. But then I
visited The Jewish Museum in NYC earlier this month, and was reassured that every generation fears progress. One of the exhibits there pointed out that when photography was invented in 1839, critics warned of painting's imminent demise. As someone
with a loft full of street art, I know that's not the case. So I have put my inner naysayer to rest and turned my attention to June's e-newsletter, where we take a look at both sides, now: At what two of the largest players have up their Armani-clad
sleeves - Facebook and Amazon - and also two small independents wearing their hearts on their sleeves to offer innovative services to their local communities. If you're receiving this for the first time, go to our website and sign up at www.foodondemandnews.com. News doesn't wither on the vine, just because life heats up in the summer.
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-Nancy Weingartner Monroe Editor of Food On Demand Nancyw@foodondemandnews.com
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Amazon
to Disrupt Food Landscape with Whole Foods-Is Grubhub Next? By Nick Upton Amazon and whole foods announced a merger agreement where Amazon will buy
Whole Foods Market for $42 per share for an all-cash transaction of $13.7 billion. And now rumors are swirling that Grubhub is next. Read More | | |
Facebook Diving Deeper into Delivery By Tom Kaiser We use it to announce
the best and worst news of our lives, to stalk exes and find new love, to read the news and complain about current events-so why shouldn't Facebook just feed us, already? Fear not, California-based Facebook has announced plans to
add meal delivery to its all-encompassing function set. Read More |
24/7 Hours Are a Snap When You Think Outside the Box
By Nancy Weingartner Monroe
The Rasmussons applied the Snap model to their business, Farmhouse Market, which opened in October 2016. Membership to the co-op is $99 a year. For that fee, members receive a family keycard that gets them in the door whether they want to
buy a tomato or laundry detergent at noon or midnight
| | | By Nancy Weingartner Monroe We caught up
with Michael, at the National Restaurant Show in Chicago not that long ago, and asked him what he sees as the future of restaurant technology. Since his company's software integrates all the different technologies, apps and bells and whistles for
restaurants, we figured he'd have something worth quoting. And we were right.. Read More |
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Aleksandra was raised by a "health-nut vegetarian mom" who tried to limit her exposure to sugar. Fortunately for Till, she was a latch-key kid with
the time and skill to make cookie dough before her parents arrived home from work. She parlayed her baking prowess with cooking for her husband and three children, and turned it into a business. Read More | |
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| Tales Spun 'Round the Web
KFC Zinger heads into space For all the Jetsons' cartoon episodes that glamorized life in the space age, they never mentioned where George, Jane and company could access fried chicken. Here on planet Earth, however,
that problem has allegedly been solved as KFC and space flight experts, World View, who have announced a partnership to launch KFC's Zinger chicken sandwich to the edge of space-really. Pushing the boundaries of space exploration and fried
chicken technology, the mission will be the longest controlled stratospheric balloon flight with a commercial payload in history and the first-ever multi-day mission of the World View Stratollite flight system. Unlike typical
high-altitude balloons, Stratollites can execute a variety of flight profiles-from circumnavigating the Earth to persistence over a specific location - and maintain position over specific areas of interest for days, weeks, and eventually months on
end. The Zinger Stratollite launch window opened on June 21. "We're excited to be the ones pushing spicy, crispy chicken sandwich space travel forward," said Kevin Hochman, KFC U.S. president. "But in all seriousness, we're proud to
support World View's commitment to advancing space research and trust them to take our world famous Zinger sandwich to space." When asked for comment, current International Space Station crewmember Jack D. Fischer said, "Finally, I was
seriously getting ready to hop the next flight back home to Colorado for some chicken-I can't take it anymore." Not really, we made that up, but we hear space is infinitely lonely at times. Walmart
prepares to take on Amazon Every company appreciates an employee who goes up and beyond the call of duty, but Walmart may be asking a bit much of their hourly workers by assigning them packages to deliver on their way home from
work. Management's reasoning is that 90 percent of Americans lives within 10 miles of a Walmart store. "There is a really strong overlap between where our associates are already heading after work and where those packages need to go," Marc Lore,
chief exec of Walmart's e-commerce business said in a blog that was quoted in the Washington Post. Employees will be paid to do this service, but as the article points out: "The practice seems rip for abuse." Our bet is if there is abuse, it would be
on both sides. Some restaurant customers resist tech upgrades There's a miscommunication between what customers are interested in and what restaurants are
serving them, according to information gleaned from the 2017 American Express Restaurant Trade Survey. For starters, as many as one-third of restaurants are already using or are considering adopting automated customer service, such as
kiosk or table-side ordering, however most customers prefer a restaurant with traditional wait staff to provide in-person service over one with digital customer-service platforms. Other findings from the study include 51 percent of
customers stating a preference for old-fashioned dining out over ordering take-out for pick-up (29 percent), although nearly two-thirds of restaurants have plans for technology investments in the next 12 months centered on ordering technology.
In addition, consumers are more likely to reply on consumer websites like Yelp or Foursquare (33 percent) than professional review websites or posts on social media. The majority of restaurants, however, are more likely to use social media,
often Facebook (85 percent) and Instagram (46 percent). The study contains many more findings, including data on restaurants adopting a no-tipping policy. Unsurprisingly, it found 63 percent of customers like tipping their servers
compared to the brave new, tip-free future that's the current leading edge in the restaurant world. Nestle invests in healthy meal kit startup Freshly The Swiss
food giant, Nestle, leads the $77 million round of funding for Freshly, yet another meal kit delivery startup. Since launching in 2015, Freshly has raised $107 million to fund its unique refrigerated, microwave meals with a heavy emphasis on
sustainable food and packaging. "The traditional food model is shifting and we continue to see an increase in more health-conscious consumers who are seeking new options and services that fit easily and effortlessly into their lifestyle,"
said Jeff Hamilton, president of Nestle Foods Division, in a press release. Delivery Hero will use $1 billion IPO to fight Uber directly The largest food delivery startup in Europe will dig a deeper moat after it goes public. Delivery Hero, founded in 2011, is expected to hit the public markets at the end of June (June 30 to be exact) at a $4.9 billion
valuation. The valuation puts the company a hair ahead of Grubhub, but the company has a first-mover advantage over the other upstarts. It boasts 300,000 restaurant partnerships and 171 million orders in
2016. That means Uber, which has just lost its founding CEO, will have a steeper hill to ascend in Europe as it attempts to expand delivery on the continent. Amazon will also have a tougher time, but
maybe they'll just buy Delivery Hero too. |
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