Blue Apron's stock surged 70%, and grocery and food deliveries have spiked amid the coronavirus crisis
, Amazon and its Whole Foods unit, and Target, according to analyst Chuck Grom of Gordon Haskett, which surveyed 300 American households on Friday. More than two-fifths of those consumers who used those services said that was the first time they had tried online grocery orders.
Online grocery shopping isn’t the only thing that could become more mainstream. Restaurants’ push into delivery is becoming a full-on focus as chains from Starbucks to Chipotle remove seats or close dine-in areas to accommodate only delivery or take-out orders. Fast-food giant McDonald’s said it’s “encouraging” all restaurants, mostly franchisee-owned, to move to drive-thru, delivery and walk-in-take-out orders.
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Blue Apron Stock Surges 70% As Grocery And Food Deliveries Spike Amid Coronavirus CrisisAs American consumers hunker down to stem the spread of coronavirus, they may well add fuel to the already-growing grocery and food delivery sales—and give new hope to the struggling meal kit company Blue Apron.
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Blue Apron Stock Surges 70% As Grocery And Food Deliveries Spike Amid Coronavirus CrisisAs American consumers hunker down to stem the spread of coronavirus, they may well add fuel to the already-growing grocery and food delivery sales—and give new hope to the struggling meal kit company Blue Apron.
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