According to a recent Wall Street Journal review of property and corporate records, Travis Kalanick’s ghost kitchen startup, called CloudKitchens, has spent over $130 million over the past two years buying more than 40 properties in about two dozen cities. Travis is co-founder and the… Read More
There is evidence to suggest, according to this recent Bloomberg Green article as well as many other sources, that we may be hitting “peak meat.” That is, the global production of animal proteins appears to be declining. It declined last year in 2019 and that… Read More
Westmount Gaurantee hosted a Champagne tasting event for its clients this evening. Obviously it took place over Zoom. It was a great event and I learned a few things about Champagne. As most of you will know, sparkling wine cannot be called Champagne unless it’s… Read More
People are starting to eat at restaurants again. Here is a recent chart from the WSJ showing seated diners at restaurants on the OpenTable network: OpenTable has been publishing this data since the beginning of the pandemic in something they call “the state of the… Read More
This is an interesting business story. Deliveroo is a London-based online food delivery company that was founded back in 2013 and today accounts for a big chunk of the online restaurant platform market in the UK. (They are also developing a network of “ghost kitchens”… Read More
Many of you have probably visited or seen videos of the Maeklong Railway Market in Bangkok. (I’ve done the latter, not the former.) It is one of the largest seafood markets in Thailand and it is literally housed on the railway’s tracks. Every time a… Read More
Few things go as well together as tacos and snowstorms. And so that’s exactly what I did for lunch today given the awesome — I love snow — storm that we’re having in Toronto this weekend. The garnish you’re seeing below is grilled cactus. Dave,… Read More
In 2017, the US restaurant industry generated about $560 billion in annual revenue. By comparison, the movie industry generates some $30 billion a year. Food, and eating out, is a big business. A recent paper by Joel Waldgogel of the University of Minnesota has tried… Read More
Click here for a short video (by Monocle) about Tokyo’s nascent “kitchen car”, or food truck, scene. (The soundtrack is fun.) Historically, street food stands, or “yatai,” have had a questionable reputation in Japan. They proliferated across the country following World War II when times… Read More
