Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" or the "Company"), a leader in on-demand food ordering and delivery, today announced its latest efforts to help protect and support its restaurant partners, customers and employees during this coronavirus (COVID-19) outbreak. Waitr has secured a large amount of sanitizing solution to send to its drivers. In addition to the gloves that drivers are being sent, they will also receive a bottle of sanitizing solution in the near future. These items will help ensure the cleanliness and in turn the health and safety of all involved in our delivery supply chain.
The parent company of Bite Squad plans to lay off the food-delivery service’s employee drivers within the next six weeks, intending to convert them into independent contractors. Based in Minneapolis, Bite Squad was purchased in 2019 for $321 million by Waitr Holdings Inc. (Nasdaq: WTRH) of Lafayette, La. The company previously announced plans to lay off about 2,300 drivers in Louisiana in an effort to convert those employees to independent contractors, and Waitr spokesperson Dean Turcol confirmed Tuesday that the company is planning to do the same with its Bite Squad drivers in Minnesota.
Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" and "Company"), a leader in on-demand food ordering and delivery, today reported financial results for its fourth quarter and full year ended December 31, 2019.
(Bloomberg) -- Blue Apron Holdings Inc.’s stock more than doubled this week as cities around the country are forcing restaurants to curtail operations and as panic-buying empties the shelves of the nation’s grocers.“With so many households practicing social distancing and remaining at home, getting fresh ingredients for at-home preparation holds appeal,” Bloomberg Intelligence senior analyst Jennifer Bartashus said.Shares of the meal kit delivery are up more than 50% for a second straight day, while Canadian peer Goodfood Market Corp. increased 44% over the two-day period. Food delivery services Waitr Holdings Inc.’s stock is up 141% since the start of the week and GrubHub Inc. climbed 22% Tuesday.Some major cities including New York, Los Angeles and Seattle are limiting restaurants to take out and delivery orders. Similar rules have been put in place in states including Illinois, Massachusetts, and Ohio. Meanwhile, supermarkets are being flooded with customers, emptying shelves for some items.Last month, Blue Apron announced that it’s evaluating options to rekindle the business, including raising additional capital or selling assets. If the troubled company can capitalize on the virus-driven boost in demand, it may be more likely to pull off a sale, Bartashus saidBlue Apron short interest is 41% of float, according to S3 Partners.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" or the "Company"), a leader in on-demand food ordering and delivery, today announced that the Company has expanded into same day grocery delivery in Baton Rouge, Lafayette and Lake Charles, Louisiana, with more cities to come in the near future. In Baton Rouge, Waitr has partnered with Ralph’s Market to help deliver grocery essentials to residents. Customers can shop on the Waitr app, or at waitrapp.com, by searching Ralph’s Market for basic grocery items such as toilet paper, cleaning supplies, and personal care products, as well as freshly stocked meat and produce. Waitr is providing personal shoppers, in addition to delivery drivers, to help fulfill grocery orders from Ralph’s Market. Waitr is also offering a no-contact delivery option for grocery just like they do with restaurant deliveries, which allows for distancing between customers and delivery drivers.
A Louisiana-based food ordering and delivery platform with ties to Houston billionaire Tilman Fertitta recently saw a shakeup in its C-suite. Adam Price resigned as CEO of Lafayette, Louisiana-based Waitr Holdings Inc. (Nasdaq: WTRH) on Dec. 27, 2019, according to a Jan. 3 filing with the U.S. Securities and Exchange Commission. In August, Price assumed leadership duties from Chris Meaux, founder and former CEO of Waitr, who became chairman of the board of directors.
Meal delivery spending jumped 70% in the last week of March. But Grubhub stock isn’t generating excitement like Zoom Video or Amazon.com.
Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" or the "Company"), a leader in on-demand food ordering and delivery, today reported certain preliminary, unaudited financial results for the first quarter ended March 31, 2020. The Company also provided a business update on certain measures taken in response to the coronavirus (COVID-19) pandemic as well as the implementation of certain strategic initiatives.
Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" or the "Company"), a leader in on-demand food ordering and delivery, today reported financial results for the first quarter of 2020.
Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" or the "Company"), a leader in on-demand food ordering and delivery, today announced the Company has seen approximately 28,000 new Independent Contractor driver applications over the last three weeks.
Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" or the "Company"), a leader in on-demand food ordering and delivery, today announced the Company is now accepting donations on its website and in their app to be used for hunger relief. These donations will be given to charities such as Feeding America who are supporting the many people in the US that are struggling to find their next meal.
Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" or the "Company"), a leader in on-demand food ordering and delivery, today announced a new partnership with Five Guys as it expands its delivery selection for diners. Effective immediately, customers using the Waitr app can order their favorite foods from more than 150 Five Guys locations around the nation.
Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" or the "Company"), a leader in on-demand food ordering and delivery, today announced that the Company expanded its delivery areas to support its restaurant partners and diners. Delivery areas will now reach as far as 12 miles away from certain restaurants, which in some cases is double the current reach. This will give restaurants more access to potential diners and will give diners access to more restaurants.
Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" or the "Company"), a leader in on-demand food ordering and delivery, today announced several initiatives to help protect and support its restaurant partners, diners, drivers and employees during the coronavirus (COVID-19) outbreak.
Shares of Waitr (NASDAQ: WTRH) have popped today, up by 16% as of 1:45 p.m. EDT, after the company reported first-quarter earnings. Average daily orders in Q1 were approximately 37,500, and Waitr had over 2 million active diners at the end of the quarter. "Since the COVID-19 outbreak intensified in the United States, we have implemented a number of measures to protect our local communities, diners, restaurant partners, drivers and employees," CEO Carl Grimstad said in a statement.
Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" or the "Company"), a leader in on-demand food ordering and delivery, today announced that the Company appointed Charles "Rusty" Holzer and Buford "Buddy" Ortale to the Board of Directors, effective April 23, 2020. Mr. Holzer has been appointed as a member of the Compensation Committee and Mr. Ortale has been appointed as a member of the Audit Committee.
Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" or the "Company"), a leader in on-demand food ordering and delivery, today announced that the Company has expanded its partnership with Landry's, Inc. to a national partnership to ensure Landry’s amazing food is available to diners in the comfort of their own home. This national partnership includes adding carryout services to all markets in which Landry’s operates along with opening new delivery markets in Texas and Florida, with plans to expand to other states in the near future. This partnership will be serviced under both the Waitr and Bite Squad brand names within markets. In the new Texas markets, the Company will have the ability to deliver alcohol from Landry’s locations. Effective immediately Waitr will be offering jobs to Landry’s employees who are faced with unemployment due to Landry’s restaurant closures as delivery drivers for the Company.
Companies in the news are: HAS, PCG, WTRH, ACIU
Waitr Holdings Inc. (Nasdaq: WTRH) ("Waitr" or the "Company"), a leader in on-demand food ordering and delivery, today announced that the Company has partnered with a local non-profit, Three O’Clock Project, to provide healthy meals to at-risk children in the East Baton Rouge Area.