Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

For Restaurants, Delivery Is a Catch-22

TheMotleyFool

0 0

For Restaurants, Delivery Is a Catch-22Photo, wide shot, wide-angle lens, Cleaning service, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/66ee0081-ae60-418d-bd6e-b521f7433841.png

One out of ten people reading this article will have food delivered to their home this month via their smartphone. Data from eMarketer.com shows 38 million people in the US now use food delivery apps at least once a month, up 21% from last year. Private company DoorDash is the largest player in the delivery space, closely followed by Grubhub (NYSE: GRUB) and Uber Eats from Uber Technologies (NYSE: UBER).

Image source: Getty Images.

Restaurants are turning to these delivery apps out of necessity. Comparable sales measure repeat revenue at existing locations; traffic measures repeat customers. And for years both metrics have repeatedly disappointed in the restaurant industry.

Source Fool.com

Like: 0

LOCO

Share