Dossier
Ravi Inukonda
Coverage of Ravi Inukonda in the Nexus archive.
- Consumers are tightening their belts — just not on food delivery
Despite consumers pulling back on general spending, food delivery has proven to be a sticky habit, with apps like DoorDash, Uber Eats, and Instacart reporting strong sales growth. This willingness to spend remains high even as overall US retail sales declined in July. The continued success of these services is attributed by some users to the immense convenience of having meals delivered right to their doorstep.