Despite continued challenges in the meal kit industry, including the difficulty of retaining customers, high (and rising) operational and marketing costs, a demand curve that tends to be seasonal rather than steady, and more, the category has remained a viable one for many licensors. These include celebrities, especially chefs, and owners of family-friendly entertainment properties, […]
Tag Archives | Blue Apron
Talking Turkey
The U.S. holiday of Thanksgiving is one of the few celebration days throughout the year with relatively little licensing activity tied to it. It is a holiday centered on gratitude, food, and family, and not on extensive gift giving, costumes, decorating, or other more commercial endeavors. That said, there are a few opportunities tied to […]
Meal Kits: Reprieve or Turnaround?
Meal kits represent one consumer product segment that has benefitted from the stay-at-home orders in place during the last two months in the U.S. (and longer in some other regions) to stop the spread of COVID-19. Research has shown that this sector appeals to consumers, especially younger adults, at least in theory. Prior to the […]
Bright Spots in Dark Times
The COVID-19 lockdown has caused steep global sales declines for most consumer products over the last six weeks or so. The impact has been evident across a wide swath of product categories, with the key licensed sectors of apparel, footwear, and accessories particularly hard-hit. There have been some exceptions to the rule, of course, notably […]
A Tumultuous Month for Meal Kits
A lot has happened in the constantly changing meal kit space in the last month or so, with some developments positive and some challenging. Taken together, these recent news items provide a snapshot of the current status of the meal kit business. This remains a category of interest to many licensors, especially in the celebrity, […]
Healthy Lifestyles of the Rich and Famous
Despite upheaval, consolidation, and the struggles of brands such as Blue Apron and Chef’d, the meal kit business continues to look to high-profile properties from outside the industry for new branded and signature programs. One of the strong pockets of activity of late consists of celebrities launching healthy meal kits, with many examples focused on […]
Grocers Have a Taste for Meal Kits
The meal kit business has experienced some potentially profound changes of late, with grocery store operators increasing their presence in the segment. They are entering in a number of ways: Purchasing existing meal kit companies. Kroger acquired Home Chef for $200 million (plus $500 million more if the program meets online and in-store sales goals) […]
Moveable Feasts
After a bit of a lull in activity, March 2018 has brought a number of new ventures involving licensed properties and meal kits: Marley Kitchen, a brand launched by the Bob Marley estate, paired with meal-delivery company Chef’d for a co-branded collection of Caribbean-inspired meals based on recipes provided by members of the family (three […]
Meal Kit Moves
The meal kit industry has undergone a number of significant changes in the past two months. Although it’s still early days, these developments may signal trouble ahead for the start-ups that have dominated this sector, as big players increasingly enter the market, raising the level of competition. Meanwhile, the first IPO of a meal kit […]