This Meal-Kit Service Found Its Future In Grocery Stores

Albertsons acquires Plated
By Andrew Conrad.

Supermarket giant Albertsons Companies, which owns chains such as Acme, Shaw’s and Safeway and more than 2,300 grocery stores total across the U.S., recently purchased meal delivery service Plated for a reported $200 million.

“By the end of 2020, any standalone meal-kit company will be dead, and we’re going to put them out of business,” Plated co-founder Nick Taranto said in a speech at the Fast Company Innovation Festival in New York City.

Read more at PSFK.

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