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☆ Ultrafast startup FastAF reveals its secret weapon for surviving the rapid delivery shakeout: offering Shopify merchants 2-hour delivery and nationwide shipping
▼ + stars: | 2022-09-21 | by ( Nancy Luna | Madeline Stone | ) www.businessinsider.com time to read: +8 min

DTC delivery startup FastAF offers rapid delivery of Shopify brands. The startup FastAF has discovered a secret weapon in surviving the volatile ultrafast-delivery space: Shopify stores. On Wednesday, FastAF added nationwide shipping, allowing shoppers to bundle items into one delivery in any market in the US. at a higher cost," Hnetinka told Insider this week. "It's really put us in a position of strength compared to the other guys who've got commoditized and undifferentiated products," Hnetinka said.

☆ Burger King's new 'Royal Reset' would reward 800 top restaurants but could punish thousands of others. Analysts worry it could kick off a 'Darwinian' battle for survival.
▼ + stars: | 2022-09-19 | by ( Nancy Luna | ) www.businessinsider.com time to read: +6 min

Tim Powell, the managing principal at the consultancy Foodservice IP, said Burger King units were long overdue for modernization. But he questioned Burger King's "survival of the fittest" tactic. Jose Cil, the CEO of Burger King's Restaurant Brands International, said the turnaround plan was directed at lifting sales for all restaurants. "All of that will lead to an output which is increased traffic, increased sales, increased restaurant-level profitability, and growth for the brand, from a systemwide sales standpoint. US sales at Burger King increased nearly 4% in 2021.

☆ Instacart rolls out high-tech shopping carts aimed at helping grocery stores compete with Amazon Go. Here are the strategies the company is investing in ahead of a reported IPO.
▼ + stars: | 2022-09-19 | by ( Alex Bitter | Nancy Luna | ) www.businessinsider.com time to read: +11 min

One analyst described the goal as being a "one-stop shop" for grocery technology. Instacart is getting ready to go public, making new sources of revenue more important than ever for the grocery delivery startup. On Monday, the company rolled out an upgraded version of its smart shopping carts, Caper Cart. InstacartSubscriptionsNow called Instacart+, Instacart's subscription service costs about $10 per month or $99 per year. The startup makes checkout technology for both online and in-store use, including a smart shopping cart with scanning technology.

☆ Burger King's $400 million turnaround plan favors 800 top-performing restaurants. It's a 'Darwinian' move analysts say could leave hundreds of franchisees in the lurch.
▼ + stars: | 2022-09-14 | by ( Nancy Luna | ) www.businessinsider.com time to read: +6 min

Burger King unveiled a $400 million "Reclaim the Flame" turnaround plan last week. Burger King's $400 million "Reclaim the Flame" turnaround plan calls for upgrading 800 of the company's top restaurants, a "Darwinian" move that could hurt hundreds of poor-performing locations left without financial support, analysts say. Tim Powell, the managing principal at the consultancy Foodservice IP, said Burger King units were long overdue for modernization. Jose Cil, the CEO of Burger King's Restaurant Brands International, said the turnaround plan was directed at lifting sales for all restaurants. "All of that will lead to an output which is increased traffic, increased sales, increased restaurant-level profitability, and growth for the brand, from a systemwide sales standpoint.

☆ This DoorDash hack used by local food-delivery couriers is saving restaurants big on delivery fees. Here's how it works.
▼ + stars: | 2022-09-02 | by ( Nancy Luna | ) www.businessinsider.com time to read: +8 min

That fee can be passed on to customers to save restaurants money. "The DoorDash self-delivery is a hack," Simmons, whose organization represents 550 local delivery operators in the US, said. And by deploying the self-delivery tactic with apps like Grubhub and DoorDash, restaurants can save even more money, Blum said. Colonel Delivery restaurants partners that use self-delivery can't pass on delivery fees to DashPass customers. But the "hack" is worth looking into if it can save restaurants from paying higher third-party delivery fees, he added.

☆ Burger King's owner opened its first ghost kitchen in Miami. Meet 7 innovative ghost-kitchen startups expanding the multibillion-dollar segment beyond the models developed by CloudKitchens and Reef Te
▼ + stars: | 2022-06-27 | by ( Nancy Luna | ) www.businessinsider.com time to read: +13 min

Burger King's owner recently opened its first ghost kitchen, or digital food hall, in Miami. Meet 7 nontraditional ghost kitchen startups. And, recently, the parent of Burger King, Restaurant Brands International, opened its first ghost kitchen in Miami. These ghost kitchens on wheels, outfitted with cooking equipment and chefs, can be hailed through an app. The company, which ended its partnership with Miami-based Reef Technology this year, is not labeling the facility as a ghost kitchen.

☆ German startup Gorillas is bringing its 10-minute grocery delivery to the US — and entering a fierce battle to disrupt the $100 billion online-grocery industry
▼ + stars: | 2021-05-26 | by ( Nancy Luna | ) www.businessinsider.com time to read: +7 min

Gorillas, which competes in Europe, is bringing its 10-minute delivery service to the US. Sümer believes Gorillas can break the habit of stockpiling groceries by offering US consumers on-demand delivery of "emergency" and "replenishment" groceries. He named the company Gorillas because his concept is "bold" and "authentic" just like a strong gorilla. It plans to expand to Italy in May, and also expand its delivery service to more US cities and European countries this summer. In Europe, Gorillas competes with Berlin-based Flink, Turkish delivery service Getir, and 10-minute delivery service Dija.

☆ How Chipotle's chief people officer steered the chain through a tumultuous year by focusing on employee well-being
▼ + stars: | 2021-04-29 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +5 min

Marissa Andrada is chief diversity, inclusion, and people officer at Chipotle. When Andrada, now the chief diversity, inclusion, and people officer at Chipotle, was growing up, her parents encouraged her to pursue a career in medicine. In 2020, Chipotle promoted nearly 11,000 employees, HR Dive reported, and more than 70% of the chain's general managers came up internally. In a statement provided to Insider, Chipotle Chief Corporate Affairs Officer Laurie Schalow said the lawsuit was a "dramatic overreach." Between March and September 2020, according to Chipotle, the number of employees using Chipotle's EAP and advocacy services increased fourfold.

Subway opened in the 1960s and scaled to become one of the largest fast-food chains in the world. The chain took a turn in 2014 when sales declined and after a scandal tied to pitchman Jared Fogle. Despite closing thousands of sub shops, Subway was able to sell itself this week to Roark Capital. In the '80s, '90s, and early 2000s, Subway was expanding rapidly, becoming the world's largest fast-food chain. Keep reading to learn how a company that was on the rise for decades suddenly took a turn for the worse.

Persons: pitchman Jared Fogle, Jared Fogle Organizations: Subway, Roark Capital, Service Locations: Wall, Silicon

It costs more than $1 million to open a McDonald's or Wendy's franchise. Meanwhile, it costs $10,000 to open a Chick-fil-A franchise. For example, you must have at least $500,000 in liquid assets to open a McDonald's and $750,000 to open a Taco Bell. And, while the typical Chick-fil-A franchise can exceed $8 million in sales, franchise owners must pay 50% of their net profits to the chain. Following the name of each restaurant chain is the average total startup costs to open one restaurant in the US.

☆ Here's what it costs to open a McDonald's restaurant
▼ + stars: | 2016-08-04 | by ( Hayley Peterson | Nancy Luna | ) www.businessinsider.com time to read: +4 min

McDonald's restaurants posted average domestic sales of $4 million in 2021, according to the chain's franchise disclosure report for 2022. Initial investment costs for running a McDonald's range from $1.4 million and $2.5 million — including a $45,000 franchise fee. Total costs to launch a franchised Chick-fil-A restaurant range from $219,055 to $2,912,697, according to the chain's 2022 franchise disclosure report. Chick-fil-A restaurants, which are only open six days a week, average more than $8 million in sales annually among non-mall locations. But by mid-December 2022, McDonald's had grown to 13,666 US restaurants, according to preliminary store count data obtained from market research firm Datassential.

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