Not exact matches
John Martin, the publisher
of the Brooklyn - based
company's Munchies food vertical, told Inc. on Tuesday that Vice drew some inspiration from the growing
meal kit industry, which has seen popular services like HelloFresh and Blue Apron attract large amounts
of money from investors.
Vice's new service is part
of a partnership with
meal kit company Chef'd, and customers can find Munchies
meal kits for sale on the Chef'd website, alongside
meal kits from
companies like Weight Watchers and The New York Times.
• Blue Apron, the New York City - based
meal kit company, remained largely flat on its first day
of trading, at $ 10 a piece.
• Blue Apron, the New York City - based
meal kit company, said it expects to sellf 30 million shares in the range
of $ 15 to $ 17 a share, raising as much as $ 510 million.
One
of the first
meal -
kit companies, Blue Apron has been losing customers amid increased competition and struggles with distribution.
The
meal -
kit - delivery
company disclosed Wednesday in a regulatory filing that it would lay off 6 %
of its workforce.
While 365 takes aim at budget gourmets and cash - strapped «millennial moms», grocery experts said it also needs to appeal to people who buy from a range
of other food sellers, from Kroger and Walmart to Amazon.com, restaurant delivery
companies and
meal kit providers such as Blue Apron.
Shares
of Blue Apron rallied after a Gabelli &
Company analyst said the meal kit company could be an acquisition target for W
Company analyst said the
meal kit company could be an acquisition target for W
company could be an acquisition target for Walmart.
With Pat Vihtelic at the helm
of Home Chef, the
meal -
kit service delivering more than 1.5 million
meals per month, UX helps bridge the gap between online and offline interactions with the
company.
Earlier, Blue Apron lost nearly a fifth
of its value after the
meal -
kit delivery
company's first quarterly results following its June IPO also missed estimates and compounded worries that Amazon.com will eat its lunch.
When it comes to popularity, Blue Apron led the pack among
meal kit companies with 43 %
of those who tried a
meal kit service saying they used Blue Apron.
Reuters reports that Spotify was valued at $ 13 billion earlier this year, but whether it can sustain that valuation is far from clear, given the recent problems
of companies such as Snapchat owner Snap Inc (snap) and
meal kit delivery firm Blue Apron (aprn).
The
meal -
kit industry — made up
of companies that send specific recipes and corresponding ingredients directly to a consumer's door for home cooking — is becoming increasingly crowded.
There are dozens
of other
companies, including Blue Apron, delivering
meal kits to consumers homes.
* KRAFT HEINZ - CO, FOOD NETWORK ANNOUNCE LAUNCH
OF FOOD NETWORK KITCHEN INSPIRATIONS, A NEW LINE
OF SALAD DRESSINGS, COOKING SAUCES AND
MEAL KITS Source text for Eikon: Further
company coverage:
«By the end
of 2020, any standalone
meal -
kit company will be dead,» said Nick Taranto, chief strategy officer and cofounder of Plated, speaking at the Fast Company Innovation Festival in New York City, «and we're going to put them out of business.
company will be dead,» said Nick Taranto, chief strategy officer and cofounder
of Plated, speaking at the Fast
Company Innovation Festival in New York City, «and we're going to put them out of business.
Company Innovation Festival in New York City, «and we're going to put them out
of business.»
Following HelloFresh's acquisition
of Green Chef, the
meal kit company has now overtaken Blue Apron's share
of the market.
The Berlin - based
company's acquisition
of organic
meal -
kit startup Green Chef pushed it past the homegrown Blue Apron.
The rise
of home
meal kit companies and services by rivals including Hello Fresh, Tastebox, Thomas Farm Kitchen and Youfoodz have meant the marketplace is increasingly crowded.
The chief executive
of fresh ingredients and
meal kit company Marley Spoon says investors are under - estimating the amount
of disruption which will occur at supermarket giants Woolworths and Coles as more time - poor households use the service which dramatically cuts wastage
of fresh food.
Tom Brady and his team at TB12 have announced that they have partnered with Purple Carrot, the plant - based
meal kit company, to launch TB12 Performance
Meals: a meal subscription service that will include fresh, pre-portioned ingredients and simple step - by - step guidance to help active individuals cook many of the same delicious meals Brady will be ea
Meals: a
meal subscription service that will include fresh, pre-portioned ingredients and simple step - by - step guidance to help active individuals cook many
of the same delicious
meals Brady will be ea
meals Brady will be eating.
The news arrives at a time when the
meal kit subscription
company is struggling to grow and retain its users, who are often put off by the expense
of the direct - shipped
meal kits and the need to commit to an ongoing subscription.
Plated is also looking to up its convenience game by offering delivery
of its
meal kits in as little as two hours by way
of Instacart, as well as the option to order online for in - store pickup via Albertsons
Companies click - and - collect service called Drive Up and Go.
Blue Apron was one
of the first
meal kit delivery
companies on the market, but with increasing competition, it now seems to acknowledge that relying on a subscription - based model isn't enough.