Blue Apron will start selling its meal kits in stores

Blue Apron announced today it will bring its meal kits to stores. 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. In recent months, Blue Apron has also laid off hundreds, lost its CEO, and has continued to post disappointing earnings. In February, the company reported its subscriber base had fallen to 746,000, down from 856,000 the prior quarter, and down from its peak of one million last year. Earlier this month, its stock took another hit as Weight Watchers announced its own plans to sell meal kits in stores. Walmart had also said the same, adding that its meal kits would be available via its online grocery service for curbside pickup or delivery. Other
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Trademarks show Amazon has sights on meal-kits, “single cow burgers” and other fast food options

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Blue Apron falls 9% on fourth day as a public company

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Blue Apron falls 9% on fourth day as a public company

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Blue Apron falls 9% on fourth day as a public company

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