• Food & Dining

    Gopuff sales skyrocket, as potential IPO looms

    Instant delivery companies proliferated early in the pandemic, especially in urban markets like New York City and Boston. But for many of these companies, their life cycle has also been ultrafast. In recent months, instant delivery competitors including Jokr, Buyk, and Fridge No More have permanently shut down or ceased operations in the U.S. However, … Continued
    • Food & Dining

    Instacart sales slow nationwide, but growth continues in some metros

    After a record-breaking year for IPOs in 2021, so far 2022 has been off to a slower start. Instacart is one of the most highly anticipated IPOs for investors this year, but in March, the grocery delivery startup cut its valuation by almost 40 percent, citing market conditions. Alternative data from Bloomberg Second Measure shows … Continued
    • Food & Dining

    McDonald’s sales beef up, as fast food sales soar

    From pizza companies to burger chain upstarts such as Shake Shack, quick-service restaurants have seen their sales grow during the pandemic. Bloomberg Second Measure transaction data shows that this has also been the case with major fast food chains such as McDonald’s (NYSE: MCD) and Wendy’s (NASDAQ: WEN). Additionally, McDonald’s and Wendy’s, as well as … Continued
    • Food & Dining

    Domino’s grabs the biggest slice of pizza chain market share

    The pizza industry has been busy in the first quarter of 2022. In recent weeks, Little Caesars raised the price of its Hot-N-Ready pizza for the first time ever, Domino’s CEO announced his upcoming retirement, and Papa John’s CEO described 2021 as the biggest year in the company’s history. Consumer spending data reveals that Domino’s … Continued
    • Food & Dining

    Competition heats up among meal kit companies like Blue Apron and HelloFresh

    According to its most recent earnings call, profitability remains a long-term goal for Blue Apron (NYSE: APRN). The meal kit pioneer has faced increased competition from other meal kit companies in recent years. Additionally, the industry has seen challenges related to seasonal demand and high operational and marketing costs. But how does Blue Apron measure … Continued