Food delivery does not work — at least, not yet. Consumers are getting frustrated with the inflated costs, restaurants struggle to make a profit while shouldering the costs of delivery, be it in-house or third-party, and delivery services are up against local regulations, restaurant pushback,...
There is a lot happening in online grocery right now. Instacart is making major moves in preparation for its public listing, restaurant delivery services are getting into grocery, and venture capitalists (VCs) are pouring billions into online grocery solutions around the world. With the huge...
In today’s digital food delivery market, the restaurant and grocery categories are running together. In advance of its initial public offering (IPO) on July 14, senior executives from India-based restaurant delivery service Zomato, which operates in nine countries across three continents, revealed at a press...
Grubhub and Yandex SDG are teaming up to bring robot delivery to university campuses, even to places that are largely reachable only on foot. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Among the many consequences of the eCommerce explosion of the last year-and-a-half or so has been a tremendous upgrade of consumers’ expectations of faster delivery. Two-day shipping – the standard a scant two years ago – has given way to next-day, same-day, same-afternoon and even...
Turns out, when consumers get used to ordering restaurant meals to be delivered straight to their door without ever having to put on their outdoor pants, they are not so quick to give up that on-demand convenience. The majority of United States adults are now...
As the walls separating restaurants and grocery stores continue to decay, DoorDash is using a (metaphorical) wrecking ball to speed up the process with its new partnership. The company announced Monday (June 28) that it is collaborating with plant-based protein company Beyond Meat to offer...
Russia’s busiest provider of instant grocery deliveries is planning to launch a U.S. service, beginning in August in New York, Bloomberg News reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
FedEx suspended service for roughly 1,400 freight customers without warning this month, a move the company said was designed to relieve its overtaxed shipping network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
