FI Fast Break: June 3, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we break down the JBS cyber attack, Tesla’s reported restaurant plans, and the abrupt departure of Tyson’s CEO. The Food Institute Podcast · FI Fast …

FI Fast Break: April 30, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we break down the latest innovations in plant-based protein, a predicted slump for delivery apps, millennials’ favorite brands, and more. To listen, click the play/arrow button …

Study: Delivery Apps Destined for Steep Decline in Business

The food delivery app industry is facing a potentially drastic slump in sales, according to a new study by the Social Sciences Research Network, which tracked 27 delivery apps, including Grubhub, DoorDash and Uber Eats. …

Delivery Platforms Experiencing Upheaval

In many ways, the pandemic has been a boom time for third-party delivery platforms, which have benefited from consumers largely hunkering down at home and summoning dinners to their doorstep. But business is rapidly changing …

DoorDash Diversifies with Chowbotics Acquisition

After raising an eye-opening $3.4 billion in its IPO, DoorDash is spending its funds strategically. For starters, the delivery company is acquiring meal preparation startup Chowbotics. DoorDash’s revenue rose 226% year-over-year, to $1.92 billion, in …

Super Bowl Showcases Changing of the Guard for NFL (and Food Industry)

While Sunday’s Super Bowl will be the perfect platform to highlight the changing of the guard between superstar NFL quarterbacks Tom Brady and Patrick Mahomes, the food industry will also have some significant changes on …

What Will Americans Eat During the Super Bowl?

Super Bowl parties may look different this year, but food will still be a major part of them. Frito-Lay estimates a 21% increase in snacking vs. previous Super Bowls as more consumers plan to watch …

Major Brands Sack Super Bowl Ads as Upstarts Kick Off for First Time

Some upstart brands that saw strong sales in 2020 will keep the momentum going by airing Super Bowl advertisements for the very first time. Other, more established brands are directing traditional ad budgets for the …

DoorDash Raises $3.4 Billion in IPO

DoorDash raised $3.4 billion in its IPO, making it the second highest IPO in 2020, according to Renaissance Capital. The IPO represents a year of massive growth for the food delivery company. In the first …

Chicken Sandwiches Reigned Supreme in 2020 Delivery

Grubhub released its 2020 Year in Food report, analyzing what foods were most popular with diners this year. Consumers turned back to comfort foods and caffeine to get through the pandemic, turning away from vegan …

Breakfast Delivery is Ramping Up

The year 2020 has been like no other in recent memory.  The pandemic has left Americans with many new government-enacted laws which were instituted in order to keep people as safe as possible and they …

DoorDash Files for IPO, but Still Losing Money

DoorDashfiled for its IPO on Nov. 13, reported The Wall Street Journal (Nov. 13). The filing revealed the company’s rapid growth during the pandemic, as revenue for the September quarter more than tripled from the …

2020 Referendums Backed by Big Money Deliver Victory and Loss for Food Industry

In 2020 election referendums, voters approved two milestone initiatives that amount to a win and loss for food-industry companies in two states. California workers with app-based ride-hailing and delivery services will remain independent contractors after …

DoorDash Lends a Hand to Struggling Restaurants

DoorDash is investing in a restaurant for the first time, reported The Verge (Oct. 24). It will work alongside CA-based Burma Superstar for a brick-and-mortar store called Burma Bites. It will be designed for delivery and …

DoorDash Plans IPO, Diversifies with Grocery Delivery

DoorDash plans to open an initial public offering in the fall, according to people familiar with the matter, reported Bloomberg (Aug. 22). The company had previously considered going public through a direct listing but decided …

Pizza Profits from Pandemic

Food Institute Focus – Pizza Profits from Pandemic

What Delivery Foods are Trending with Consumers?

Food Institute Focus – What Delivery Foods are Trending with Consumers?

Delivery Services See Continued Growth

Food Institute Focus – Delivery Services See Continued Growth