Business
Rani Molla

Ghost kitchens are ghosting because running lots of restaurants is hard


2021: Ghost kitchens are the future!

2024: Ghost kitchens are the past!

During the pandemic, delivery-only restaurants — aka ghost kitchens or virtual brands — were a lifesaver for many restaurants whose customers were eating a lot more at home. Empty restaurants were able to repurpose their kitchens to make a wide variety of cuisines to deliver — often a broader menu than what they’d offered normally.

Mariah Carey, Chuck E. Cheese, and MrBeast, to name a few, all opened virtual food brands. But now as the pandemic has waned and people are eating in restaurants again, restaurants are having trouble handling multiple businesses, the New York Times reports.

“Everyone thought if you have the labor and the equipment, it would be easy to run virtual brands,” said Kevin Hochman, chief executive of Brinker, which owns Chili’s and Maggiano’s, told the NYT. The company launched two virtual brands but has since shuttered one and pared down the other.

“The reality is, most of the delivery times for virtual brands transact during busy times for the regular restaurant,” Hochman said.

Earlier this year, Uber Eats cut thousands of “virtual brands” to alleviate a glut of customer-confusing duplicates that were frustrating users.

8K
Storefronts removed by Uber Eats
21%
2025 restaurant sales from ghost kitchens*
*estimate made in 2021

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Ford reportedly in talks to buy hybrid vehicle batteries from Chinese auto giant BYD

Detroit’s Ford and China’s BYD are said to be in ongoing talks to partner on an agreement that would see Ford buy hybrid vehicle batteries from BYD, according to reporting from The Wall Street Journal.

The report comes just days after President Trump toured a Ford factory in Michigan and implied openness to Chinese automakers coming to the US.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

Still life of Ozempic and Wegovy with weight scale.

Lawsuit alleges Lilly, Novo locked up telehealth to kill compounded GLP-1s

Novo Nordisk CEO Mike Doustdar estimated that around 1.5 million US patients are using compounded versions of the company’s drugs.

Handshake

Big Pharma enters 2026 with an appetite for deals

At the JPMorgan Healthcare Conference, biotechs and Big Pharma signaled they’re primed for M&A this year, after a big year for deals in 2025.

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