PYMNTS-MonitorEdge-May-2024

Meal Kits

Blue Apron Willing to Lose Customers to Boost Profitability
Blue Apron Willing to Lose Customers to Boost Profitability
March 16, 2023  |  Earnings

As Blue Apron looks to improve its margins, the company is making some difficult tradeoffs. On a call with analysts Thursday (March 16) discussing the...

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Cost of Delivery Forces Many Meal Kits to Shutter
Cost of Delivery Forces Many Meal Kits to Shutter
March 14, 2023  |  Subscriptions

The meal kit sector’s difficulties may have more to do with logistics than consumer demand. In an interview with PYMNTS, Ragoth Bala, co-founder of direct-to-consumer...

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HelloFresh Seizes on Ready-to-Eat Growth Opportunity as Consumers Seek Immediacy
HelloFresh Seizes on Ready-to-Eat Growth Opportunity as Consumers Seek Immediacy
March 08, 2023  |  Retail

Meal kit providers are finding that many consumers prefer speedy convenience to cooking from scratch. Berlin-based multinational meal kit company HelloFresh said on a call...

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Kroger Expands Home Chef as Consumers Cut Restaurant Spending
Kroger Expands Home Chef as Consumers Cut Restaurant Spending
March 06, 2023  |  Retail

Kroger is growing its prepared food capabilities to meet consumers’ inflation-related demand for cheaper meals. The U.S. grocer’s meal kit and heat-and-eat meal subsidiary, Home...

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Boxed Considering Sale of Company as eGrocers Flounder
Boxed Considering Sale of Company as eGrocers Flounder
January 05, 2023  |  eCommerce

Online consumer-facing wholesale retailer Boxed is considering selling the company as eGrocers face economic challenges. The eTailer announced Thursday (Jan. 5) that its board and...

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Consumer Interest in Meal Kits May Be Too Late 
Consumer Interest in Meal Kits May Be Too Late 
January 04, 2023  |  Subscriptions

Meal kits are becoming more popular, but not enough to counteract the industry’s economic challenges. Research from PYMNTS’ recent study “12 Months Of The ConnectedEconomy™:...

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Nestlé Bails on Freshly as Meal Subscriptions Face Reckoning
Nestlé Bails on Freshly as Meal Subscriptions Face Reckoning
November 29, 2022  |  Subscriptions

Nestlé is partly offloading its Freshly meal delivery business following disappointing results. The food and beverage giant announced earlier this month that it is forming...

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Blue Apron’s Amazon Launch Suggests Meal Kits Constrained by Subscription Model
Blue Apron’s Amazon Launch Suggests Meal Kits Constrained by Subscription Model
October 11, 2022  |  Subscriptions

Blue Apron appears to be finding that, in its push to expand to a wider audience, the subscription model may be holding the company back....

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Kroger Boosts eCommerce Efforts; DoorDash Drives Sales With DoubleDash
Kroger Boosts eCommerce Efforts; DoorDash Drives Sales With DoubleDash
September 22, 2022  |  Retail

Kroger, the United States’ leading pure-play grocer, is making several moves to boost its competitive position in eCommerce across grocery and prepared meal categories. In...

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