Retail News

Blue Apron’s IPO falls short of objective

Reuters 06/29/2017

The top U.S. meal-kit provider raised $300 million in its initial public offering yesterday, about a third less than hoped for by management. The company originally estimated a per share value range of $15 to $17, but lowered it to $10 to $11 per share following news of Amazon’s intention to buy Whole Foods.

 

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!