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 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.
We’re going to expand beyond food into other categories such as groceries and pharmacy, essentially powering world commerce.
Landry’s CEO Tilman Fertitta said on CNBC that at only 25% maximum capacity New York restaurants are going to go out of business.
Businesses that aren’t using mobile messaging are losing potential customers.
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.
Entrepreneur James Altucher says that New York City is dead forever. He says the forced business closures have permanently altered how business is done making it unnecessary for employees to remain in the city.
What’s happened is the world has accelerated from physical to digital across almost every industry.
We expect around one in four restaurants to close and to not be able to return because of COVID says OpenTable CEO Debby Soo. Unfortunately, now we think that number might even be conservative.
Tilman Fertitta, Landry’s chairman, and CEO talks about his frustration with the incompetence of the State of New York and the City of New York in dealing with restaurant reopenings.