“A set of facts could be put forward that would support that (they are destroying the retail landscape),” says former Walmart CEO Bill Simon. “Do I want to go out of business because I’ve lost my sales by not matching them on price? Or, do I want to go out of business because I’ve matched them on price?”
RestaurantRevolution
RestaurantRevolution
McDonald’s Gets Into the Plant-Based ‘Meat’ Market
McDonald’s is the latest fast-food company to offer plant-based meat alternatives with its McPlant lineup.
Chipotle Set to Open Digital Kitchen, First Digital-Only Restaurant
Chipotle has announced its first digital-only restaurant, potentially disrupting the restaurant industry during one of its most challenging periods.
Google Brings Free Retail Listings to Google Search
Google has announced that it is bringing free retail listings to the main Google Search results page.
Digital, Drive-Through, Delivery Powering McDonald’s
McDonald’s President says that the Travis Scott Meal is helping but their latest earnings results are actually powered by improvements in digital, drive-through, and delivery.
Uber CEO Says ‘Eats’ Growing At Unprecedented Rate
Uber CEO Dara Khosrowshahi says that Uber Eats is growing at unprecedented rates during the pandemic and he expects the business to do well post-pandemic as well.
Uber Eats To Essentially Power World Commerce, Says CEO
We’re going to expand beyond food into other categories such as groceries and pharmacy, essentially powering world commerce.
Tilman Fertitta: New York Restaurants Are Not Going To Last
Landry’s CEO Tilman Fertitta said on CNBC that at only 25% maximum capacity New York restaurants are going to go out of business.
Harnessing The Power Of Mobile Communication For Your Business
Businesses that aren’t using mobile messaging are losing potential customers.
Yelp: 61% Of Restaurant Closures Permanent
By far, the hardest hit segment of the economy impacted by the forced government closures mandated by various state governor executive orders over the last six months has been restaurants.