As inflation continues and the impending recession weighs heavy on consumers’ minds, many are making changes to their food purchasing. However, meal kit company Blue Apron is noticing that, while the changes in the overall economy might affect their decisions, price increases implemented by the...
Blue Apron had 2,500 employees and a $2 billion valuation just three years after its founding in 2012. But, more recently, the meal kit provider is taking a new approach to attract customers as it faces a crowded industry and a churn that is endemic...
Among the new wave of direct-to-consumer and subscription-based eCommerce taking hold of the industry, none was considered more promising over the past year than the direct-to-consumer meal kit business. By some estimates, the meal kit sector has exploded in terms of year-over-year growth, jumping from...
Gobble is teaming up with Walmart to offer its meal kits on the retailer’s eCommerce platform. The meal kit provider offers meals that require one pan and can be made in 15 minutes or less, Fortune reported. Gobble claims that approximately half of their customers...
March 08, 2024
Meal-kit company HelloFresh saw its stock plummet Friday (March 8) in its largest single-day decline since debuting on the market in 2017. The company’s shares dropped to a low of 6.13 euros (about $6.71), marking a record 48% slump, Bloomberg reported Friday. Once celebrated as a beacon of convenience and innovation during the COVID-19 pandemic lockdowns, HelloFresh has seen […]
August 06, 2018
Gobble is teaming up with Walmart to offer its meal kits on the retailer’s eCommerce platform. The meal kit provider offers meals that require one pan and can be made...
May 24, 2018
The Kroger Co. has announced a merger with Home Chef, the country’s largest private meal kit company. The anticipated merger comes on the heels of Home Chef’s 150 percent growth...
May 17, 2018
Following a test of Local Crate in select stores, Target is bringing the company’s meal kits to over 200 stores in California and Minnesota. The retailer had also tested meal...
