News

Tech

DoorDash Is Negotiating a $500 Million Funding Round

5 years ago

When Postmates confidentially filed for an IPO last week, we knew it was only a matter of time before rival DoorDash would try to shout louder with bigger news. In this case, nothing's confirmed, but DoorDash is looking at closing a round of funding that could push the company passed a $6 billion valuation.

Tech

Just Eat Urged to Seek Merger With a Rival

5 years ago

Activist investor Cat Rock is growing more impatient by the day with Just Eat's lack of a CEO appointment. Somewhere Yelp is reading this understanding the UK company's pain.

Chains

Taco Bell and Chipotle Want to Shave Time off Food Deliveries

5 years ago

Thirty-five minutes is entirely too long to deliver fake Mexican food.

Chains

Burger King’s ‘Whopper Detour’ Campaign Led to 1.5 Million App Downloads

5 years ago

Who cares if the chain is tracking your location data? There are one cent Whoppers to be had.

Chains

Chipotle ‘Hasn’t Even Scratched the Surface’ on U.S. Store Growth

5 years ago

Not only does Chipotle see a future in which its domestic store count is much larger, but it's also taking the steps now to make sure that the new restaurants are built for a future where digital order sales account for a significant part of the chain's overall revenue.

Tech

Grubhub Breaks Down Its Chain Partnerships Strategy

5 years ago

It's no surprise that Grubhub is going after more enterprise restaurant relationships this year, and it says that it's the one to beat when it comes to the variety of technology support that it can offer to the nationwide chains.

Tech

Postmates Files for IPO

5 years ago

Postmates pioneered the food-delivery industry almost a decade ago. Competitor Uber Eats is also expected to go public later this year by way of parent ride-hailing company Uber Technologies.

Chains

Pizza Hut’s Lack of Foot Traffic Plagues Store Sales

5 years ago

Pizza Hut is banking on delivery to get store sales back to where they once were, and it soon may have help from Yum! Brands' official delivery partner, Grubhub.

Tech

Grubhub Stock Plunges on Latest Earnings Report

5 years ago

Grubhub says it's not interested in short-term profits, which is great because it's not posting the short-term profits that investors want to see. The company's earnings forecast for the first quarter missed analyst estimates enough to send shares sliding as much as 21 percent on Thursday morning.

Chains

Dunkin’s Espresso Rollout Flattens Sales

5 years ago

As a company, is it ever a bad thing to admit you got way ahead of yourself? We don't think so. Dunkin's store expansion and remodeling efforts were very aggressive last quarter. Almost three months in, expect to see more of that advertising it has been promising us.

Chains

Yum CEO on Taco Bell’s Success: ‘There’s No Silver Bullet’

5 years ago

Taco Bell continues to be the shining example of success in Yum Brands' portfolio. The brand can't go wrong on anything right now, from its well-perceived value menu to in-store tech innovations and integrated delivery partnership with Grubhub.

Chains

Chipotle Says It Has Built a Profitable Delivery Business

5 years ago

Chipotle's integrated partnership with DoorDash and the extra investment in building out in-store delivery efficiencies has been paying off well for the chain. Plus, it doesn't hurt that burritos are the perfect delivery food.