Investing and Global Finance News

Category Archives: Company Focus

Grubhub Delivers New Partnership with Amazon

The last two years have not been easy for any industry. But for the food service sector, the pandemic was a particularly hard hit. Even at a time when food delivery service was at its peak, food businesses like Grubhub still suffered losses in 2021. And then as pandemic restrictions eased across the nation, demand for restaurant delivery was drastically reduced. Employee shortages and heightened government regulations also made it hard for food-based companies to recover.

That is why Grubhub recently announced a partnership with Amazon, a deal that brings together the restaurant delivery platform and Amazon Prime services.

The premium service, named Grubhub+, is now offered free to Amazon Prime subscribers. At a cost of $9.99 a month, subscribers can get any meal totalling $12 or more (not including taxes, tips, and other fees) without any delivery charge. Amazon Prime members, even those who signed up for the service when it was initially launched in 2020, will get one free year of Grubhub+. Amazon Primers can claim their Grubhub+ membership by logging into their accounts at This agreement was signed for an initial one-year period; renewal will be automatic unless either party chooses to bow out. Amazon already has a stake in Deliveroo, the British food delivery service, and this deal with Grubhub is expected to infuse the platform with cash for the duration of 2023.

Neil Cole on the Difference Between Brand and Label

Neil Cole transformed the business world for more than four decades. As a trailblazing branding executive, he revolutionized the licensing industry and reconceptualized how retail and brands target an audience. As part of his branding innovation, Neil Cole founded Iconix, a company specializing in brand management with licensing rights to top names in fashion and… Continue Reading

Kevin Ulrich transitions from CEO to Chairman at Anchorage Capital Group

Kevin Ulrich, a co-founder of Anchorage Capital Group, has now transitioned to be the firm’s Chairman after more than twenty years as the CEO. Under Ulrich, Anchorage was one of the largest distressed-debt hedge funds. He pointed to ongoing client withdrawals and truculent markets as the reason for the closure of the firm’s prize investment… Continue Reading

Checkers and Rally’s Restaurants

When the pandemic began in 2020, restaurants were in the industry most hardest hit from beginning to end.  Some of them shuttered immediately, others tried to weather the storm but then there was a third category that managed to make lemonade out of lemons.  They were the ones who were able to turn their entire… Continue Reading

Wheat Flour Markets

North America’s Wheat Flour Market: C.H. Guenther & Son C.H. Guenther & Son – a company that was established in 1851 in Texas, today has over 3,500 staff spanning 24 locations throughout America, Canada and Western Europe.  It was originally started with Carl Hilmar Guenther building a flour mill near Fredericksburg, TX but eight years… Continue Reading

Rosalind Brewer Becomes 20th Black CEO in America

Rosalind Brewer has been named incoming CEO of Walgreens, effective March 15, 2021. This role makes Brewer, who is leaving her position as COO at Starbucks, the only Black woman to lead a Fortune 500 company. Brewer joins the other 19 Black CEOs — 17 men and two women — who have ever been listed as… Continue Reading