In contrary to what most individuals used to see, The Blue Apron Company isn’t just your typical meal delivery service. This company has been increasingly popular over the last couple of years, so this is about time to give this exclusive program a thorough and honest review. The Blue Apron Company started from the founders’ very own apartment and has significantly grown to include thousands of dedicated employees working across four major offices in US, Texas, California, New Jersey and New York.
The company has even been featured on Wall St Journal, Good Morning America and Washington Post. This company exclusively ships about eight million meals all over US every month. The Blue Apron was founded by Matt Salzberg, Ilia Papas and Matt Wadiak in 2012. Later that same month, Blue Apron VP of HR and Talent Kate Muzzatti left the company, followed by its CEO Matt Salzberg leaving in November.Blue Apron Overview Read full Blue Apron review In August, Blue Apron implemented a partial hiring freeze and laid off 14 members of its recruiting team. Since its public debut, Blue Apron has been hit with a couple of lawsuits - one from a former employee alleging violation of the Family and Medical Leave Act and a couple from law firms alleging Blue Apron misrepresented the challenges it faces with customer retention, delayed orders and reduced ad spend.
Following that announcement, Blue Apron shares dropped as low as 17 percent to $2.06.īlue Apron went public at $10 per share, despite hoping to go public between $15 and $17 a share. Walmart earlier this week announced its plan to offer meal kits inside its retail stores, as well as online. It’s worth noting Blue Apron’s shares have been on the decline all week. The meal-kit company closed at $2.07 per share. Today, Blue Apron’s shares dropped to a record low following Weight Watchers announcing it would launch its own meal kits to be sold in grocery stores.Īt its lowest, Blue Apron was trading at $2.02 per share. Life has not been pretty for Blue Apron, the meal-kit company that went public last June.
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