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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...
Has the Coronavirus Caused Consumers to Adopt New Eating Behaviors?
Although social distancing measures have forced many people to stay indoors and start experimenting in the kitchen, the verdict is mixed on home cooking. According to Datassential, two in five consumers did not actually start cooking more often. However, about 35% found joy and excitement in discovering new dishes, yet more than a third of Gen X and households with children are sick of having to cook more often for their families.
For the most part, the pandemic has encouraged very few consumers to adopt new shopping and dining strategies, the rest are maintaining their prior routines. Online grocery shopping and grocery delivery have benefited the most from these new trials, with 21% trying grocery pickup for the first time, and...
Denny’s Launches Make-at-Home Meal Kits and Expanded Grocery Delivery Services
The Denny’s Market is open and available for your “at-home” meal solutions. Participating Denny’s locations throughout the country will now be offering Make-at-Home Meal Kits that include all the ingredients for a family meal with simple assembly instructions.
With prices starting at $12.99, the Meal Kits were created to provide families with an opportunity to add an interactive element to a Denny’s meal, are available in select locations and includes all of the ingredients to prepare diner favorites, including...
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...
Tyson Introduces Instant Pot Kits
Tyson Brand and Instant Brands, creator of the multicooker, Instant Pot, have teamed up to create the brand-new Tyson Instant Pot Kits. Designed to cook in 20 minutes, these fully prepped kits have everything you need for a meal, including Tyson chicken, as well as premium long-grain rice and bold sauces.
The kits were designed to help Instant Pot users who want new ways to use their multicooker to make their favorite protein, and fast. The Tyson Instant Pot Kits come in three culinary-inspired and on-trend varieties that are sure to satisfy all palates...
Research and Markets: Global Meal Kit Market Report
According to Research and Markets, the global meal kit market is expected to surpass $15.5 billion by the end of 2025. In the United States and Europe, the demand for meal kits is observed. The global food processing meal kit market is expected to grow significantly during the forecast period. The main factors driving the global market for meal kits are the world's rising working professional, a growing urban population, an increasing tendency to reduce food waste, and the availability of fresh food items.
The United States holds the major share in the global meal kit market, with a digital boom creating positive impacts. Subscription models and ordering meals online is growing tremendously due to...
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...
Aramark Gears Up for 2019 Back-to-School Season on College Campuses Across the Nation
As millions of college students prepare to return to campus to start the new school year, they’ll be looking for fresh, nutritious, on-trend food when they hit the books. Aramark, the award-winning food and facilities partner of more than 400 colleges and universities across the U.S., is ready to welcome back three million higher education students to campus, by introducing a new wave of offerings customized to the ever-changing needs of Gen Zers.
“Every year, our higher education team members elevate the student experience with custom campus solutions tailored for them,” said Jeff Gilliam, president of Aramark’s Higher Education business. “Our culinary team puts innovation first, to create healthy, fresh recipes that students love, and we’re excited for students to see...
HelloFresh Adds Beyond Meat to Menu Line-Up
HelloFresh, the leader in delivering delicious ingredients and easy-to-follow recipes to households worldwide, today announced the introduction of the Beyond Burger from Beyond Meat, a market leader in the plant-based meat category. Offered as part of HelloFresh’s premium Craft Burger collection, HelloFresh customers can now order the first recipe Goudalicious Beyond Burgers paired with Potato Wedges and Creamy Mustard Aioli, which will begin shipping to customers nationwide the week of September 14, 2019.
“We are always looking to expand our menu offerings and provide customers with exciting, new recipe choices that appeal to a variety of palates and eating preferences,” said Marcel Comtois, Vice President of Procurement, HelloFresh US. “With the addition of the Beyond Burger to our menus, we’re excited to give our home cooks the opportunity to...
Meal Kits and Online Grocery Shopping Revitalize Interest in Home Cooking
More than half of U.S. adults claim they really enjoy cooking (53%) and more than a third consider the kitchen to be the most important room in the home (35%), according to data in the new report Eating Trends: Cooking & Food Shopping from market research firm Packaged Facts. These percentages are up compared to a decade ago.
Packaged Facts found that most people who don't cook at home either have a lack of time to grocery shop and meal prep or they lack confidence in their cooking skills. The latter reason is especially prevalent among Gen Z adults (ages 18-24) and to a lesser extent Millennials (ages 25-39).
The meal kit industry is arguably the best example of a food industry segment that's making it easier for adults to start cooking more at home again. The products are marketed to emphasize...
Blue Apron Holdings Reports Second Quarter 2019 Results
Blue Apron Holdings, Inc. (NYSE: APRN) announced today financial results for the quarter ended June 30, 2019.
“Blue Apron’s next phase will be defined by focusing on our customers and our core business in order to return the business to growth in 2020,” said Linda Findley Kozlowski, Blue Apron Chief Executive Officer. “We’ve clearly and thoroughly demonstrated results in operational optimization and fiscal discipline throughout the organization. Now, we need to prove we can grow our customer base and revenue through both better execution and new initiatives that enable our core business to reach its full potential. Our market opportunity is large and we believe that it is growing, leading to...
Update: Current List of Plant Closures Due to COVID-19
After Steep Declines, U.S. Foodservice Industry Set to Rebound to Pre-Pandemic Levels by 2023
Tyson Foods Launches New, Nationwide COVID Monitoring Strategy; Expands Health Staff
Technomic Updates Their 2020 Foodservice Trend Predictions For Today's 'New Environment'
How the HEALS Act Aims to Help Restaurants
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