The Opening Bell 10/30/19: In An Already Tight Industry, Grubhub’s Future Could Be In Question…

The Opening Bell
SINGLE USE ONLY TOB 10/30/19

(AP Photo/Charles Rex Arbogast)

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The restaurant world can be unpredictable. Popeyes is the perfect example with the roll out of it’s new Chicken Sandwich, selling out in all of its store, and as a result, creating a cult following all across America. Steve Grzanich discussed that along with the major hit Grubhub took to it’s stock yesterday (dropping over 40% in less than a day) and the future of the industry with Jonathan Maze (Executive Editor at Restaurant Business Magazine). (At 14:30) Adam Jones (Director of Technology at Huge) then shared the details of the companies that are ready to roll out their fleet of drones to incorporate personalized air-delivery to businesses, but the concerns are surrounding the way society transitions to the vastly new technology.

 

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