Takeaway giant Menulog has axed jobs at its Sydney head office as global cost-cutting in the food delivery sector, a market darling during the era of COVID-19 lockdowns, gathers pace.
A Menulog spokeswoman would not disclose how many jobs were eliminated, but said a “small number of roles” were made redundant as part of a global restructure of Just Eat Takeaway’s customer operations team.
…Voly, a local start-up that did rapid grocery deliveries, formally calling in administrators on November 21.
As shown on Sunrise this morning, Chicken Treat has opened its first Sydney store at the Eastern Creek Quarter shopping centre in the city’s outer west.
Interesting that KFC and Hungry Jack’s in Rockingham are about a 1km apart. In 2007, KFC was forced to close after the licencing agreement between Jack Cowin’s Competitive Foods and Yum expired.
Yum then set up their own store in Rockingham City Shopping Centre which has since closed. Collins Foods then bought out all the WA stores and the original KFC store is open again.
Chicken Treat has had previous attempts with stores outside Western Australia. They had a handful in Adelaide in the late 90’s early 2000’s then a couple of stores in regional QLD.
[quote=“JohnsonTV, post:3455, topic:336”]
Chicken Treat has opened its first Sydney store at the Eastern Creek Quarter shopping centre in the city’s outer west.
[/quote]The Crunchified Chicken is really great and the chips are pretty top-notch as well. I haven’t had KFC in a long time but i’d rate the Chicken Treat crunchified chicken over the standard KFC original recipe.
So why do these companies stay in business when they are bleeding so much money? Where do they get the money? Are banks stupidly funding them when they are only going backwards?
Rideshare and food delivery is largely funded by venture capitalists, who were convinced that self driving vehicles / robots / drones were just around the corner and would make all these services massively profitable.
So far that’s not the case and the likes of Uber and others continue to burn hundreds of millions, if not billions of cash a year.
I find it hard to believe that Uber Eats isn’t profitable with the amount they charge merchants. 30 percent on top plus the surcharge and delivery fees. Plus the fees for being a sponsored restaurant.
