by Walther Ploos van Amstel
When logistics professionals discuss supply chain innovation, companies such as Amazon, Zara, and Walmart usually dominate the conversation. Yet one of the most sophisticated supply chain innovators today may be a company better known for meal kits than logistics: HelloFresh. Behind its weekly deliveries lies one of the world’s most advanced food supply chains. Over …
Hellofresh presented good financial results for 2021. HelloFresh delivered nearly 1 billion meals to 7 million households in 2021. Sales increased by more than 60 percent to 6 billion euros. Profit was almost 160 million euros. That could have been higher if the company had not invested heavily in expansion into new markets and fulfillment capacity …
Meal kit subscription business HelloFresh has seen sales soar in the first six months of 2021, despite the end of lockdown. Berlin-based HelloFresh said its sales had risen by almost 80% in the first six months of 2021 to hit € 3 bn. The company delivered over 490 million meals to its 7,6 million customers. …
The stock markets reacted negatively to the AholdDelhaize financial report for 2020. At the start of the AEX-trading day, the stock opened 5 percent lower. Boom, a billion stock market value gone. Despite strong growth figures, investors were disappointed with the lower net profit due to setbacks in the US; including investments in local distribution centers …
At a conference in Brussels, Thomas Stroo, the head of logistics at delivery startup HelloFresh, highlighted the company’s success in creating a lean and centralized supply chain that can be micro-controlled from the farmer to the consumer’s kitchen. HelloFresh delivers over 80 million meals each month. In the Benelux region, HelloFresh runs 600 refrigerated delivery vans.