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Ghost Kitchens on the Rise in a Post-COVID World
The coronavirus pandemic has hit the restaurant industry hard, with the Independent Restaurant Coalition reporting that 85% of independent restaurants may go out of business by the end of the end of the year. While some restaurants were forced to temporarily close, others focused on making sales through delivery and takeout. And with COVID-19 changing the way that some people eat out, some restaurants, like Pokeworks, are looking to the future.
Pokeworks launched in 2015 and has grown to over 50 locations all over the country...
Uber to Acquire Postmates; Will Keep Consumer-Facing App Running Separately
Uber announced on Tuesday that they have reached a definitive agreement to acquire Postmates for approximately $2.65 billion in an all-stock transaction. The deal, once completed, will keep the consumer-facing Postmates app running separately.
As we reported last week, Uber was said to be in talks to buy Postmates after their deal with Grubhub fell apart in June. The New York Times reported that Uber made an offer of about $2.6 billion, however, their offer came at the same time that Postmates reportedly decided to...
More Food Delivery Consolidation? Uber in Talks to Buy Postmates
Another major acquisition in the food delivery world could potentially be in the works. Uber is reportedly in talks to buy Postmates after their deal with Grubhub fell apart a few weeks ago.
While Uber and Postmates have declined to comment, The New York Times reported on Monday that Uber made an offer to acquire Postmates for about $2.6 billion. However, their offer comes at the same time that Postmates has reportedly decided to revive their plan for an initial public offering. Postmates, which is considered the fourth largest...
Postmates Introduces Curbside Pickup For Restaurants And Retailers
Postmates announced an industry first: Curbside Pickup. This new pickup product for merchants is meant to help responsibly accelerate reopening of local businesses by enabling customers and fleet to pick up orders curbside, rather than going into the physical store -- a capability that most businesses don't currently have today.
"Restaurants and retailers across the country are ready to open their doors again and we've created Curbside Pickup to help them open quickly and serve customers as smoothly as possible," said Bastian Lehmann, CEO and co-founder of Postmates.
To use this feature, the merchant will...
7-Eleven Expands Delivery Footprint Through Third-Party Providers
In addition to its proprietary 7NOW delivery app, 7-Eleven, Inc. has joined with national delivery platforms Postmates and DoorDash, in addition to Google, to make convenient delivery from 7-Eleven stores available to as many customers as possible. Texas customers also can use Favor Delivery.
As stay-at-home and shelter-in-place orders are extended, many Americans are confined to their homes and unable to run to the store for basic necessities or even a treat. 7-Eleven wants to better serve those needs by expanding on-demand delivery providers, giving customers convenient access to hundreds of products. With this expansion...
Postmates And TGI Fridays Announce On-Demand Delivery Partnership
Postmates, the leader in delivering nearly anything on-demand, and TGI Fridays™ announced a partnership to deliver the world-famous restaurant brand's menu on-demand. Now, Postmates customers can enjoy the iconic taste of their favorite TGI Fridays dishes, like potato skins, whisky glaze, sizzling skillets, and more - brought right to their doorsteps, every day and night.
"Third-party delivery is one more way we're bringing the TGI Fridays experience to People of All Stripes," explained the brand's CEO, Ray Blanchette. "Now, everyone can enjoy the tastes that have always made Fridays famous, brought right to their doorsteps. We are pleased to be working with Postmates on this new offering. Their large national presence and reputation for reliable service made them an ideal partner for serving as many TGI Fridays fans as possible with on-demand delivery."
"TGI Fridays was formed to bring people together over the things that everyone can enjoy – like classic food favorites and innovative new culinary creations. We are proud to bring that experience...
Postmates Partners with Dine Brands to Provide On-Demand Delivery
Postmates, the leader in enabling anyone to get nearly anything on-demand, announced today that is has partnered with Dine Brands (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar and IHOP restaurants. Postmates customers can now order from both of these restaurants in the more than 3,500 cities that the company operates in.
"Both Applebee's and IHOP are very popular on the Postmates platform," said Craig Whitmer, VP, Merchant Business Development, Postmates. "We are thrilled to provide customers access to these restaurants in the 3,500+ cities we operate in and as we near the busy holiday season, there is no better time to Postmate It."
From the outset of the partnership, Postmates and Dine Brands will integrate delivery orders directly into...
Del Taco Partners with Postmates for Delivery
Del Taco Restaurants, Inc., the nation's second largest Mexican quick service restaurant, today announced it has partnered with Postmates, the leader in enabling anything to be delivered on demand, to provide fast delivery from its participating corporate and franchise restaurants to wherever the customer may be. To launch the partnership, from September 16th through September 22nd guests can save $5 off any Del Taco delivery order of $20 or more, from Postmates.
"We know how important convenience is to our guests, and are thrilled to be able to continue expanding our delivery services through a partnership with Postmates," said Barry Westrum, Del Taco's Chief Marketing Officer. "With Postmates' popularity and reach throughout key Del Taco markets, such as Southern California, we know even more fans will be able to enjoy their Del Taco favorites delivered...
Five Guys and Postmates Partner for National On-Demand Delivery
Postmates, the leader in enabling anyone to have nearly anything delivered on-demand, announced today that it has partnered with Five Guys to enable national on-demand delivery, including an integration with ItsaCheckmate. Five Guys and Postmates customers will now find Five Guys locations across the country integrated into the Postmates feed, making it simple to find your favorite burgers and fries.
"We are thrilled to launch our integrated partnership with Five Guys for on-demand delivery," said Dan Mosher, SVP, Merchant Lead, Postmates. "Five Guys is an incredible family-run business that has a dedicated following and is extremely popular on the Postmates platform."
The Postmates Data and Analytics team dug into the data to uncover these Five Guys Delivery Facts...
COVID-19 Forces Technomic to Revise Foodservice Industry Forecasts
Consumers Are Eager to Dine Out and Support Local
Update: Current List of Plant Closures Due to COVID-19
Pork Exports Trend Lower in June but Remain on Record Pace; Another Tough Month for Beef Exports
Aramark Prepared to Welcome College Students Back to Campuses Across the Country
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