Tag: Freshly

COLUMN: Let’s Learn from the Demise of Freshly

The public markets (and strategic firms) aren’t kind to businesses that don’t make much money and then stop growing. The recent shutdown of Freshly shocked many of its consumers, but not those following the ~$6B …

Interest in Delivery Companies Continues

Ahold Delhaize will acquire a majority stake in FreshDirect, with plans to accelerate its growth online and around New York, reported Winsight Grocery Business (Nov. 18). The acquisition will allow Ahold Delhaize to begin its …

Food Companies Shifting From Investors to Owners of Startups

Industry heavyweights are taking ownership of the startups they invested in. Nestle has gone from stakeholder to full ownership of Freshly, a company that delivers fresh, chef-cooked meals to customers on a weekly basis. The …