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Club Feast, which is a subscription-based restaurant delivery service, has come out of a seed funding round with $3.5 million, acco stanley canada rding to a press release.The round was led by General Catalyst, the rele stanley cup canada ase stated, and the seed funding will go toward developing the companys products, growing the team and expanding to more cities this year.Club Feast offers meals for $5.99, and there are no membership fees, the release stated. The back end also comes with a feature allowing restaurants the company has partnered with to customize delivery menus, plan orders in advance and prepare bulk meals.Atallah Atallah, co-founder and CEO of Club Feast, said the pandemic has boosted the need for food delivery services, according to the release. With the onset of COVID-19, food delivery has become a core part of peoples daily lives, he said in the release. The industry has more than doubled, and average order sizes have increased by 24 percent. While this growth is exciting, food delivery is in need of innovation 鈥?consumers are inundated stanley france with delivery options, and restaurant profits are suffering. He said Club Feast is a restaurant-friendly mode of delivery, according to the release.Restaurants have been in trouble with the pandemics spate of closures and avoidance of in-person dining. According to the release, one in six restaurants have closed around the country due to the pandemic, and almost 90 percent of full-service restaurants have reported declining revenues. Theres been an ave Oyul Digital Asset Lands $40M For Blockchain Platform
A new study has found that more pet owners are shopping for products online and traditional retailers will have to do more than boost their online presence in order to compete.Chain Store Age reports a study from research firm Packaged Facts found that 40 percent of pet owners are buying pet products online, up from 37 percent who shopped online the previous year.聽Not only are higher numbers of consumers buying pet goods online, but they are spending more of their pet product dollars online as well. Ecommerce has accelerated its shift from being a Wild West boomtown toward becoming the market retail California, said David Sprinkle, research director, Packaged Facts.An聽increase in merger and acquisition activity last year is responsible for much of the change, including Mars ; purchase of VCA Inc. and other veterinary practice consolidation; stanley france PetSmarts acquisition of Chewy; and Walmart stanley mug acquisition of jet. According to the report, each deal has contributed to the structural remix of the pet market. Brick-and-mortar retailers and manufacturers are scrambling to regroup to avoid losing ground. Retailers are adapting to compete with the Internet 鈥攕pecifically Amazon 鈥攂allooning strength in pet product sales, Sprink stanley kaufen le said. Brand manufacturers are adapting because their entrenched lock on shelf space is increasingly irrelevant for shelf-stable online purchasable products such as dry and canned pet food or cat litter. Pet superstores, such |
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