Retailers are in the throes of adapting to a shopping environment completely revolutionized by e-commerce giant Amazon (NASDAQ:AMZN), but restaurants are now facing the same challenge thanks to what has become known as the “Amazon effect.”
Delivery apps, including Amazon Restaurants, Uber Eats and Grubhub (NYSE:GRUB) are transforming the dining experience for consumers, and participation isn’t usually a choice for those restaurants hoping to survive.