In the throes of COVID19, working from home, and using restaurants as communal kitchens without seating, comes the issue of delivery.
The delivery business is, essentially, unprofitable. It is also completely barren of customer loyalty.
The market share — restaurant delivery mind you — looks like this:
DoorDash 42%
GrubHub 28%
UberEats 20%
Postmates 9%
I was looking at something related to Domino’s Pizza and a thought jumped into my brain. Over the last ten years, Domino’s (NYSE – DPZ) has been a great performer — as as stock. Look at what they have done. Most impressive. Pizza.
They were the pioneers in pizza delivery. Today, they have 16,000 units and expect to add 2,350 additional units by 2028.
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