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food delivery apps
On the menu for Grubhub? A new chief executive
Food delivery platform Grubhub has now experienced two major leadership changes in less than two years.
The U.S. arm of Just Eat Takeaway (OTCUS: JTKWY) announced on Monday that CEO Adam DeWitt, an 11-year veteran of the company, will step down. He will be replaced by Howard Migdal, who heads Grubhub’s Canadian counterpart SkipTheDishes.
The shakeup comes just 21 months after DeWitt replaced former chief executive Matt Maloney in June 2021. He’ll remain with the company until May 1 before Migdal...
https://www.freightwaves.com/news/on-the-menu-for-grubhub-a-new-chief-executive
Chick-fil-A just did something Uber and DoorDash have never done
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Companies like Uber and DoorDash have made life easy for millions of Americans. Yet the lives of...
https://www.freightwaves.com/news/chick-fil-a-just-did-something-uber-and-doordash-have-never-done
DoorDash launches Package Pickup for returns
In 2021, U.S. consumers spent $4.58 trillion — yes, trillion — on retail. But at the same time, retailers took back more than $761 billion worth of merchandise, or an average of 16.6% of all American sales.
The return rate tends to tick even higher following the winter holiday season. Customers returned about $158 billion worth of goods purchased between Nov. 1 and Dec. 24, 2021 — an average of nearly 18% of all sales during that period.
It’s that time of year again. And in anticipation of the...
https://www.freightwaves.com/news/doordash-launches-package-pickup-for-returns
Uber Eats, Cartken bring robot delivery to Miami
Is the U.S. finally ready for the next phase of last-mile delivery?
According to a new survey from software firm Circuit, 9 in 10 Americans have decided they’re ready to trust autonomous delivery robots, a far cry from 2018, when just 57% of Americans even knew they existed.
Per the same report, Uber (NYSE: UBER) platform Uber Eats was ranked among the three most trusted companies when it comes to autonomous food delivery. And this week, it launched its third such service since the spring.
On...
https://www.freightwaves.com/news/uber-eats-cartken-bring-robot-delivery-to-miami
Uber reaches multimillion-dollar settlement with city of Chicago
Having previously taken aim at DoorDash and Grubhub, but to no avail, the city of Chicago finally got a win this week.
On Monday, the Office of the Mayor of Chicago announced the city had reached a massive settlement with Uber (NYSE: UBER) platforms Uber Eats and Postmates. Uber will pay out a total of about $10 million, which includes around $3.3 million the company repaid merchants in 2021.
Lawmakers accused the food delivery platform of charging restaurants excessive fees during the pandemic...
https://www.freightwaves.com/news/uber-reaches-multimillion-dollar-settlement-with-city-of-chicago
NYC proposes $24 minimum wage for app-based delivery drivers
A little over a year after the New York City Council approved a legislative package aimed at improving working conditions for app-based delivery drivers, city officials are following through on one of the legislation’s key provisions.
Uber Eats (NYSE: UBER), DoorDash (NYSE: DASH) and Grubhub (OCTUS: JTKWY) drivers in the Big Apple could earn a minimum wage of nearly $24 an hour by 2025 if the city approves a proposal passed down by the Department of Consumer and Worker Protection (DCWP) on...
https://www.freightwaves.com/news/nyc-proposes-24-minimum-wage-for-app-based-delivery-drivers
Why Olive Garden, Longhorn Steakhouse refuse to deliver
While the majority of restaurants have turned to delivery options to boost profits, there are still a few holdouts.
Darden (NYSE: DRI), the parent company of banners like Olive Garden and Longhorn Steakhouse, is one of them. The full-service restaurant magnate this week told investors on its first-quarter 2023 earnings call that its decision to not offer delivery has shielded it from a negative impact on margins.
“With margins being basically the same for us on off-premise versus on-premise,...
https://www.freightwaves.com/news/why-olive-garden-longhorn-steakhouse-refuse-to-deliver
Report: 7-Eleven makes under-the-radar purchase of delivery startup
It looks like 7-Eleven is ditching longtime partner DoorDash.
The two companies have collaborated heavily in recent years, with the convenience store chain using DoorDash couriers to power its 30-minute delivery service.
But a pair of inside sources told The Information on Thursday that 7-Eleven has acquired San Antonio-based delivery startup Skipcart, suggesting a desire to distance itself from the food delivery app.
Terms of the deal were not disclosed by the sources, and 7-Eleven did not...
https://www.freightwaves.com/news/report-7-eleven-makes-under-the-radar-purchase-of-delivery-startup
Amazon takes bite out of Grubhub, offers Prime members free perks
Amazon has acquired a 2% stake in Grubhub, the North America-based subsidiary of European food delivery giant Just Eat Takeaway, the Amsterdam-based company announced Wednesday.
Shares of Just Eat (OCTUS: JTKWY) were trading up nearly 20% on the news Wednesday morning, while rival DoorDash’s stock (NYSE: DASH) was down about 10%.
Amazon’s (NASDAQ: AMZN) stake in Grubhub could rise to 13% if it can deliver a certain amount of new customers to the business, though the announcement did not specify...
https://www.freightwaves.com/news/amazon-takes-bite-out-of-grubhub-offers-prime-members-free-perks