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Grubhub Offers Eateries $30M In Promo Support During COVID-19

PYMNTS

Chicago-headquartered delivery unicorn Grubhub said it will spend $30 million to help support more than 100,000 independent restaurants and regional franchises as the coronavirus pandemic changes everyday life, the company announced on Thursday (April 2). It has raised a total of $284.1 million in more than eight funding rounds.

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2021 GonzoBanker Awards

Gonzobanker

From nowhere, sizable regional players are being created. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution.

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Pizza Goes High-Tech

PYMNTS

But then again, New Yorkers take pizza unusually seriously, a fact former Daily Show host — and proud New York style pizza fan — Jon Stewart proved during 3:32 minutes of pure unadulterated hatred for Chicago-style pizza. How appetizing. Domino’s last quarterly earnings reports saw the chain logging $1.48 percent growth.

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Need The Cool Kids? Try Renting Some

PYMNTS

Among the many complaints leveled against national treasure Kim Kardashian-West is the fact that she is paid an awful lot to do pretty much nothing. For brands who can’t quite afford those celebrity-tier prices, wouldn’t it be nice if there were bargain basement cool kids on offer to hipster-up the joint on important nights?

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

New restaurant concepts are redefining how we think about food, pushing established brands to reinvent themselves, spurring entrepreneurs to be creative with visual platforms like Instagram and recipes like pea-based protein, and paving a new way forward for the idea of casual dining itself. Americans dine out more than ever before.

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Retail’s Small Business Crisis

PYMNTS

today — one that Jason Furman, the chairman of President Obama’s Council of Economic Advisors, detailed in a speech he delivered in Chicago last fall. Taken together, this marks a very different small business scene in the U.S. And just like every other industry, there’s concentration.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

A healthy culture of dissent may have helped the company focus on its product issues before they became a national scandal, but workers who raised red flags were ignored and, if they persisted, asked to leave the company. Three months later, Amazon contributed to a $50M funding round earmarked for promoting the Pets.com brand.

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