According to Blue Apron, sales increased by 27% in the first three weeks of April compared to the first three weeks in March. Americans who now fear leaving their homes, or else struggling to find coveted grocery delivery time slots, have turned to online meal kit services en masse. Now, the beleaguered company is finding itself in a period of unprecedented growth. And in 2019, sales were down a whopping 50% from 2017, as the company continued to lose its luster to online grocery services like Instacart and Amazon's acquisition of Whole Foods. Though Blue Apron is widely heralded as one of the forerunners of the now $1.5 billion meal kit industry, the company has taken a precipitous fall in recent years in response to increased competition. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |