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Restaurant Delivery

Wedbush s senior tech analyst Aaron Turner thinks Amazon.com, Inc. (NASDAQ: AMZN) s next takeover target should be GrubHub Inc (NYSE: GRUB), a platform that delivers food made by restaurants to customers. Needless to say, Amazon has the necessary resources to invest in multiple initiatives. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:

Historic gains in small stocks highlight investor exuberance

Red Robin expanding profitable Donatos pizza platform

Donatos now is in 79 restaurants, and the Red Robin estimated it will be driving about $45,000 in incremental added sales per restaurant in its second year. “It really rounds out the menu for Red Robin,” Paul Murphy III, president and CEO of Red Robin, said during a Monday presentation. “As we get the dining rooms open, it’s a product that’s easily shareable. In these times, with the strong off-premise, about two-thirds of pizza sales in the restaurants that have it are in the off-premise channel.” Murphy noted that Red Robin’s off-premise sales in 2020 more than doubled over the prior year as the company dealt with coronavirus restrictions.

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