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Blue Apron Partners with Award-Winning Chef to Create Sizzling Summer Dishes
Award-winning chef and restaurateur, Tim Hollingsworth, has created a menu of recipes inspired by his famous cooking style exclusively for Blue Apron to bring seasonal, summertime staples to home cooks across the country. Beginning the week of June 29 through the week of July 20, Blue Apron customers can channel their inner gourmet chef with new, elevated takes on family favorites curated specially by Hollingsworth in partnership with Blue Apron's culinary team.
Known for using high quality and sustainable ingredients, Hollingsworth combines the flavors and memories of the backyard cookouts of his Texas childhood with California cuisine and his wife Coco's Lebanese culinary traditions, into restaurant-quality dishes that can be made at home...
Blue Apron Stock Soars as Consumers Turn to At-Home Meal Kits During Coronavirus Outbreak
When Blue Apron first went public in 2017, things didn’t turn out so great l for the company. However, as the majority of the global market heads on a downward spiral, Blue Apron’s stock has been on the upswing.
As the markets closed on March 19, Blue Apron’s stock was up an impressive 500%, as the demand for its meal kits has skyrocketed in the past week.
“We are increasing our capacity for future orders and expect to fulfill this increased demand by the next..."
Blue Apron Announces What to Expect in 2020
In an earnings call this week, Blue Apron discussed the meal kit company's strategy for the upcoming year. In the near-term, Blue Apron CEO Linda Findley Kozlowski stated that the company would prioritize the second pillar of their strategy which includes providing more choices and enabling more flexibility to accommodate a wider range of consumers' needs and preferences.
In early December, Blue Apron launched its latest menu expansion, allowing all customers to select from any eleven recipes on their Signature Two-Serving menu each week. The increase from eight to...
Blue Apron Closing Arlington Facility, Laying Off 240 Employees
Blue Apron announced in an earnings call this week that they are closing their facility in Arlington, Texas. The news comes after the meal kit company downsized last year at their facilities in Linden, New Jersey and Richmond, California.
CEO Linda Findley Kozlowski said that their decision to close the Arlington facility is because the company is "building a foundation of operational optimization and fiscal discipline to support our strategy to return to growth."
"Given advancements in sourcing, production and logistics, we believe this consolidation of volume into Linden and Richmond...
Blue Apron Reports Third Quarter Results
Blue Apron Holdings, Inc. announced today financial results for the quarter ended September 30, 2019.
“We delivered third quarter results in line with our guidance as we continue to focus on building for the future and managing the business for sustainable, long-term growth,” said Linda Findley Kozlowski, Blue Apron Chief Executive Officer. “We’re pleased to see the continued strengthening of our customer base with year-over-year improvements in certain key customer metrics in the third quarter. We continue to believe that the potential for Blue Apron remains significant and that with the execution of our strategy, we will achieve our 2020 growth targets.”
“We are pleased to have recently completed the refinancing of our revolving credit facility with our existing lender syndicate which we expect will support the continued execution of our growth strategy,” said Tim Bensley, Blue Apron Chief Financial Officer. “This transaction also...
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