unsustainable – Page 3

Chicago restaurateurs want tighter regulations around your next delivery

Chicago’s restaurant landscape is becoming more competitive and a powerful organization representing some owners wants the city to take a closer look at how delivery providers like Grubhub and Uber Eats handle your food. The Illinois Restaurant Association is pushing Chicago aldermen for new regulations around food delivery conditions—including food handling and car cleanliness—setting up a potential battle with …

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Food delivery apps to blame for stressed restaurant loans: BankUnited

Call it the other Uber problem. BankUnited in Miami Lakes, Fla., is seeing some stress in its loans to restaurant franchises, and executives say the culprit is an explosion of delivery options that has resulted in fewer people visiting restaurants and ordering high-margin items such as desserts and drinks. During a fourth-quarter earnings call Thursday, …

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Delivery is set to be restaurants’ biggest challenge in 2020, as workers battle ‘tablet hell’ and customers brace for price increases

Experts say that delivery companies and restaurant chains will need to grapple with the question of how to deal with delivery in 2020. The cost of delivery is increasingly being passed on to the customer, in the form of higher delivery fees and more expensive menu items. Meanwhile, workers say they are in “tablet hell,” …

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DoorDash Contractors Earn Less Than Dogshit, Study Finds

Delivery platform DoorDash has been at the top of the public’s most hated gig economy value extraction firms for some time, owing largely to its prior policy of subsidizing its wages with customers’ tips. According to a study released today, even with that policy repealed, the efficiency of DoorDash’s race-to-the-bottom pay structure nets workers an estimated $1.45 …

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No free lunch, but almost:

Food delivery app DoorDash has grown rapidly into the national industry leader, serving all 50 states and outpacing GrubHub, Uber Eats, Postmates, and other players with an estimated 35% marketshare in a rapidly-expanding segment. The company is reportedly preparing for an IPO and has been valued at a remarkable $12.6 billion. DoorDash has also been …

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For second time in 6 months, Waitr increasing fees for some restaurants in push for profitability

Waitr is ditching performance-based rates for some restaurants to collect more commission — a move that could make the struggling company more profitable but will likely be paid for by both restaurant owners and customers who use the delivery service. This is the second major price change for restaurants in six months. But like last time, restaurant owners …

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No more free lunch: Food-delivery services feeling pressure to finally turn a profit

On-demand food delivery services are being pressured these days to do more than drop off burgers and fries. They must prove they can actually make money—a relatively new requirement for the industry that, for years, has lived large off of investors. DoorDash, Uber Eats, Postmates, and Grubhub rapidly expanded as customers gobbled up the opportunity …

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Despite Denials, Grubhub Buyout Could Be What Delivers Growth

After rumors surfaced that Grubhub (NYSE:GRUB) hired financial advisors to help it steer a sale of the company, the food delivery service declared it most definitely was not shopping its business, and had no plans to do so. But maybe it ought to rethink that, as a sale looks like the one chance Grubhub has for growth. Driving into the …

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Google’s food ordering business could deliver blow to Grubhub, UberEats

Sundar Pichai’s sudden hankering for a piece of the online food-ordering business has Wall Street predicting major indigestion for the industry. At first glance, the blue food-ordering tabs that have quietly popped up on Google’s search engine may seem like harmless competition for the growing array of apps that help people order food online. But …

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Meals on Broken Wheels: Uber Eats, GrubHub, DoorDash & Postmates

What do DoorDash, GrubHub, Postmates and Uber Eats have in common with Lassie? Nothing. They’re dogs; Lassie’s a superstar. What do they have in common with each other? Everything. They take the world’s second oldest profession — Babylonia had delivery boys — sprinkle it with tech dust, click their ruby slippers, chant “There’s no place …

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