Ghost kitchens staying power gets its first test

On Thursday, Just Kitchen Holdings Corp. (TSXV: JK), an operator of ghost kitchens in Taiwan, will make its public debut on the TSX Venture Exchange in Canada. The company believes it is the first ghost kitchen operator to debut on a North American stock exchange, but it also provides a first glimpse into the faith the markets have on a concept that has exploded since the onset of the COVID pandemic.

U.S. food delivery sales surpassed $19 billion in 2019, but that is just the start. Tracking...

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Applebee’s dives into ghost kitchens, delivery-only brands

Applebee’s (NYSE: DIN) is the latest restaurant to jump into the ghost kitchen craze, launching several pilots across the country, DINE Brands CEO John Peyton announced on the company’s Q4 earnings call this week.

DINE is the parent company of Applebee’s and IHOP restaurants.

“Those who win in the new era of restaurants are those who remained resilient and those who invested in new menu and service innovations and new technology during 2020,” Peyton said.

In addition to ghost kitchen pilots in...

https://www.freightwaves.com/news/applebees-dives-into-ghost-kitchens-delivery-only-brands