food and beverage

Grubhub Orders Fall 13% Amid Company’s Cost-Cutting Measures

Grubhub Orders Fall 13% Amid Company’s Cost-Cutting Measures
Grubhub Orders Fall 13% Amid Company’s Cost-Cutting Measures
January 17, 2024  |  Earnings

Grubhub continues to see its order volume decline by double digits, even as its unit economics improve. The aggregator’s parent company, Just Eat Takeaway.com, reported...

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Ocado Retail Drives eGrocery Adoption as Digital Channels Gain Share
Ocado Retail Drives eGrocery Adoption as Digital Channels Gain Share
January 16, 2024  |  Earnings

With online grocery eating away at brick-and-mortar players’ market share, Ocado Retail is seeing its revenue rise. The joint venture between British grocery technology company...

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Burger King Owner Restaurant Brands to Acquire Largest Franchisee for $1 Billion
Burger King Owner Restaurant Brands to Acquire Largest Franchisee for $1 Billion
January 16, 2024  |  Partnerships

Restaurant Brands International, the owner of the Burger King brand, will acquire Carrols Restaurant Group, the largest Burger King franchisee in the United States, for...

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Drive-Thrus Get Tech Upgrades as QSRs Aim to Be 100% Digital
Drive-Thrus Get Tech Upgrades as QSRs Aim to Be 100% Digital
January 16, 2024  |  ResTech

The drive-thru may be slower to digitize than other restaurant ordering channels, but more eateries are finding ways to integrate connected technology into the experience,...

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Wage Hikes and Regulations May Spur Gig Platform Consolidation
Wage Hikes and Regulations May Spur Gig Platform Consolidation
January 15, 2024  |  Gig Economy

Wage hikes and new regulations impacting the ways in which gig workers are classified may shake up online platforms, pinching profits and spurring consolidation. In...

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1 in 4 Subscribers Get HelloFresh Meal Kits
1 in 4 Subscribers Get HelloFresh Meal Kits
January 12, 2024  |  Subscriptions

Meal kits represent a significant share of the total retail subscription category, with leading provider HelloFresh reaching a wide audience. By the Numbers The PYMNTS...

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Albertsons Launches New Meals as Grocers Aim to Gain Share From Restaurants
Albertsons Launches New Meals as Grocers Aim to Gain Share From Restaurants
January 12, 2024  |  Retail

Albertsons Companies is setting its sights on convenient meal occasions with the launch of ready-to-cook meals, a move that comes as grocers increasingly look to...

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Brown-Forman: Shoppers’ Rising Expectation of Convenience Demands Contextual Commerce
Brown-Forman: Shoppers’ Rising Expectation of Convenience Demands Contextual Commerce
January 12, 2024  |  Retail

As consumers increasingly expect commerce integrated into their day-to-day lives, spirits giant Brown-Forman, parent company of Jack Daniel’s, is looking to create more immersive online...

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