ghost kitchen

Delivery-only concepts are the new food frontier

ghost kitchens here to stay delivery only virtual restaurant dining concept brand uber eats doordash postmates grubhub

In 2004 in the city of Chicago, two hungry web developers were working on the next multibillion dollar concept. Matt Maloney and Mike Evans are better known today as the founders of Grubhub, the app that got the ball rolling for the world of online food delivery platforms. A decade later, Doordash and Uber Eats had entered the market and together they’ve turned it into a $10 billion business.

Now we’re seeing the next stage in the evolution of restaurant e-commerce. Not too long ago, the idea of...

https://www.freightwaves.com/news/delivery-only-concepts-are-the-new-food-frontier

C3 blending ghost kitchens with in-person dining

Creating Culinary Communities (C3) built its business on ghost kitchens, but it is now moving toward a hybrid model that features ghost kitchens feeding brick-and-mortar retail locations.

C3 on Wednesday announced the launch of Citizens, a so-called “lifestyle food hall.” Citizens will first open in New York City and Atlanta in partnerships with Simon Property Group and Brookfield Properties, respectively.

“We spent the last year expanding our delivery-only concepts and closed out 2020 with close...

https://s29755.pcdn.co/news/c3-blending-ghost-kitchens-with-in-person-dining

Nathan’s Famous the latest to get in on the ghost kitchen craze

American hot dog institution Nathan’s Famous (NASDAQ: NATH) is the latest restaurateur to jump into the ghost kitchen craze, inking a partnership deal with Ghost Kitchen Brands (GKB) to launch more than 100 locations across North America by the end of 2021.

Nathan’s, famous for its New York-style hot dogs, will open 60 nontraditional locations in the U.S. and 40 locations in Canada this year. According to a release announcing the deal, many of the new kitchens will be inside Walmart stores and...

https://www.freightwaves.com/news/nathans-famous-the-latest-to-get-in-on-the-ghost-kitchen-craze

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...

https://s29755.pcdn.co/news/ghost-kitchens-staying-power-gets-its-first-test

Micro-mobility company Helbiz secures $30M PIPE as part of SPAC deal

Micromobility company Helbiz expects to go public in the second quarter, becoming the first company in the space to be listed on the NASDAQ stock exchange. As part of those plans, Helbiz will be expanding into ghost kitchens and adding payment platforms to its existing portfolio of mobility solutions.

Helbiz announced in February it would go public through a merger with GreenVision Acquisition Corp. (NASDAQ: GRNV), a special purpose acquisition company (SPAC). The transaction, expected to close...

https://s29755.pcdn.co/news/micro-mobility-company-helbiz-secures-30m-pipe-as-part-of-spac-deal

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

Ghost kitchens accepted into college

Chartwells adding ghost kitchens to college campuses

Ghost kitchens have become the default way to profitability for many restaurants that faced extinction because of COVID-19 restrictions on in-person dining. They drew in both established restaurants as well as a bevy of startups looking to capture the hot meal delivery market.

On college campuses, many dining halls do not allow students to leave the facility with food. That could be changing as Chartwells, one of the largest operators of college campus dining halls, is rolling out ghost kitchens...

https://s29755.pcdn.co/news/ghost-kitchens-accepted-into-college