Food delivery company Grubhub is considering a few strategic options to continue to compete in an increasingly crowded market, including a potential sale or an acquisition by another company, according to a report by The Wall Street Journal. The Chicago-based company has hired financial advisers...
The private-equity backed operator of Houlihan’s restaurant chain has filed for bankruptcy protection. York Capital Management and Mike Archer, a former president of Applebee’s and TGI Fridays, bought Houlihan’s in 2015 and now blames the chapter 11 filing on a number of factors, including expensive...
Starbucks and Alibaba are teaming up on coffee delivery in China. According to Reuters, Starbucks is trying to regain its footing after a sales slump in the country; Starbucks quarterly sales in China declined 2 percent in the period ended on July 1, down from...
The trend is your friend, goes a saying in the stock market. The trend toward a driver shortage, though, is no one’s friend along the last mile. The friction is of the roughest sort, where deliveries are not made on time and sometimes not at...
January 08, 2020
Food delivery company Grubhub is considering a few strategic options to continue to compete in an increasingly crowded market, including a potential sale or an acquisition by another company, according to a report by The Wall Street Journal. The Chicago-based company has hired financial advisers to help guide it through this difficult time. They are […]
November 15, 2019
The private-equity backed operator of Houlihan’s restaurant chain has filed for bankruptcy protection. York Capital Management and Mike Archer, a former president of Applebee’s and TGI Fridays, bought Houlihan’s in...
July 31, 2018
Starbucks and Alibaba are teaming up on coffee delivery in China. According to Reuters, Starbucks is trying to regain its footing after a sales slump in the country; Starbucks quarterly...
