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MUNCHERY, INC., Debtor. Case No
UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION In re: Case No. 19-30232 (HLB) MUNCHERY, INC., Chapter 11 Debtor. FIRST AMENDED JOINTLY PROPOSED COMBINED CHAPTER 11 PLAN OF LIQUIDATION AND TENTATIVELY APPROVED DISCLOSURE STATEMENT DATED AS OF JUNE 10, 2020 INTRODUCTION This is the First Amended Jointly Proposed Combined Chapter 11 Plan of Liquidation and Disclosure Statement (the “Plan”), which is being proposed by Munchery, Inc. (the “Debtor”) and the Official Committee of Unsecured Creditors of the Debtor (the “Committee”) in the above- captioned chapter 11 case (the “Chapter 11 Case”) pending before the United States Bankruptcy Court for the Northern District of California, San Francisco Division (the “Bankruptcy Court”). The Plan identifies the classes of creditors and describes how each class will be treated if the Plan is confirmed. The treatment of many of the classes of creditors is intended to be consistent with a Restructuring Support Plan and Term Sheet (the “Settlement Term Sheet”), which was previously approved by the Bankruptcy Court. Part 1 contains the treatment of secured claims. Part 2 contains the treatment of general unsecured claims. Part 3 contains the treatment of administrative and priority claims. Part 4 contains the treatment of executory contracts and unexpired leases. Part 5 contains the effect of confirmation of the Plan. Part 6 contains creditor remedies if the Debtor defaults on its obligations under the Plan. Part 7 contains general provisions of the Plan. Creditors in impaired classes are entitled to vote on confirmation of the Plan. Completed ballots must be received by counsel to the Debtor, and objections to confirmation must be filed and served, no later than August 7, 2020 at 5:00 p.m. -
Sweet on Desserts
DIY DINNERS: HOW TO BUILD A DESIGN STRATEGIES THAT MEAL KIT PROGRAM 10 16 SET THE MOOD JUNE 2016 VOLUME TWO n ISSUE TWO SweetSweet onon DessertsDesserts Gelato bars, retro treats, artisan donuts and more PAGE 4 Bi-Rite Market taps into San Francisco’s culinary talent pool PAGE 26 GRO 0616 01-07 Desserts.indd 1 5/23/16 9:13 PM 570 Lake Cook Rd, Suite 310, Deerfield, IL 60015 • 224 632-8200 http://www.progressivegrocer.com/departments/grocerant Senior Vice President Jeff Friedman 201-855-7621 [email protected] IS FAILURE EDITORIAL Editorial Director Joan Driggs 224-632-8211 [email protected] Managing Editor Elizabeth Brewster Art Director Theodore Hahn [email protected] Contributing Editors THE NEW Kathleen Furore, Kathy Hayden, Amelia Levin, Lynn Petrak, Jill Rivkin, Carolyn Schierhorn, Jody Shee ADVERTISING SALES & BUSINESS Midwest Marketing Manager John Huff NORMAL? 224-632-8174 [email protected] Western Regional Sales Manager Elizabeth Cherry 310-546-3815 [email protected] Eastern Marketing Manager Maggie Kaeppel It doesn’t have to be. 630-364-2150 • Mobile: 708-565-5350 [email protected] Northeast Marketing Manager Mike Shaw 201-855-7631 • Mobile: 201-281-9100 [email protected] Marketing Manager Janet Blaney (AZ, CO, ID, MD, MN, MT, NM, NV, OH, TX, UT, WY) [email protected] 630-364-1601 Account Executive/ Classified Advertising Terry Kanganis 201-855-7615 • Fax: 201-855-7373 [email protected] General Manager, Custom Media Kathy Colwell 224-632-8244 [email protected] -
Online Food and Beverage Sales Are Poised to Accelerate — Is the Packaging Ecosystem Ready?
Executive Insights Volume XXI, Issue 4 Online Food and Beverage Sales Are Poised to Accelerate — Is the Packaging Ecosystem Ready? The future looks bright for all things ecommerce primary and secondary ecommerce food and beverage packaging. in the food and beverage sector, fueled by What do the key players need to consider as they position themselves to win in this brave new world? Amazon’s purchase of Whole Foods, a growing Can the digital shelf compete with the real thing? millennial consumer base and increased Historically, low food and beverage ecommerce penetration consumer adoption rates driven by retailers’ rates have been fueled by both a dearth of affordable, quality push to improve the user experience. But this ecommerce options and consumer inertia. First, brick-and-mortar optimism isn’t confined to grocery retailers, meal grocery retailers typically see low-single-digit profit margins due to the high cost of managing perishable products and cold-chain kit companies and food-delivery outfits. distribution. No exception to that rule, ecommerce retail grocers struggle with the same challenges of balancing overhead with Internet sales are forecast to account for 15%-20% of the food affordable retail prices. and beverage sector’s overall sales by 2025 — a potential tenfold increase over 2016 — which foreshadows big opportunities for Consumers have also driven lagging sales, lacking enthusiasm for food and beverage packaging converters that can anticipate the a model that has seen challenges in providing quick fulfillment evolving needs of brand owners and consumers (see Figure 1). and delivery service — especially for unplanned or impulse And the payoff could be just as lucrative for food and beverage buys. -
Disruption in Fruit and Vegetable Distribution
DISRUPTION IN FRUIT AND VEGETABLE DISTRIBUTION FRUIT LOGISTICA TREND REPORT 2018 IN COOPERATION WITH PRESENTED AT world of fresh ideas IMPRESSUM FRUIT LOGISTICA TREND REPORT 2018 DISRUPTION IN FRUIT AND VEGETABLE DISTRIBUTION A special trend report for the international fresh produce business, commissioned by Fruit Logistica and produced by Oliver Wyman. REPORT AUTHORS @ OLIVER WYMAN Nico Hemker Cornelius Herzog Dr Michael Lierow Rainer Münch Philipp Oest Guillaume Thibault Jens Torchalla Jens von Wedel Dustin Wisotzky EDITORIAL & DESIGN @ FRUITNET MEDIA INTERNATIONAL Mike Knowles Johnny Innes Simon Spreckley PRODUCTION Oliver Wyman www.oliverwyman.com Tel +49 (0)89 939 490 PUBLISHER Messe Berlin GmbH Messedamm 22, 14055 Berlin [email protected] www.fruitlogistica.com Copyright © 2018 Oliver Wyman All rights reserved. Unauthorised publication or reuse in any form whatsoever of all or part of the content of this publication is expressly forbidden without the prior written permission of the publisher. Printed in Germany 2 FRUIT LOGISTICA TREND REPORT 2018 PREFACE Dear members of the fresh produce trade, Here at FRUIT LOGISTICA, we place the greatest importance on providing you, exhibitors and visitors alike, with valuable information that can help you make decisions. New this year is the publication of this Trend Report. Entitled Disruption in Fruit and Vegetable Distribution, it scrutinises developments in the wider business world and how they will affect the fruit and vegetable sector. It focuses on three areas – cold chain logistics and technology, the rise of online retail, and foodservice. Wherever you work in the fresh produce industry, Disruption in Fruit and Vegetable Distribution will enable you to anticipate key issues affecting the trade, and help stakeholders and decision- makers to understand them better. -
Grocery and Pharmacy Home Delivery Options
800.657.0243 | BEECHERCARLSON.COM GROCERY AND PHARMACY HOME DELIVERY OPTIONS As of April 8, 2020 The CDC recommends that individuals follow guidance from authorities where they live regarding social distancing. Cover your mouth and nose with a cloth face cover in community settings, including when you have to go out in public, especially in situations where you may be near others (e.g. grocery stores or pharmacies). These face coverings are not a substitute for social distancing and should be used in combination with hand washing, using hand sanitizers and staying 6 feet apart from others. In areas where there is widespread COVID-19 illness, the CDC recommends staying home as much as possible and considering using alternatives including: » Mail-order or delivery services for medications that are used regularly » Grocery delivery service COVID-19 transmission peaks will vary by geography. During such times, there are resources to order and have groceries/prescription drugs delivered. Please see below and note that each organization’s capacity and delivery timeframes change frequently. © 2020 COPYRIGHT BEECHER CARLSON INSURANCE SERVICES, LLC; ALL RIGHTS RESERVED. | 1 PHARMACY DELIVERY There are various options for having medications delivered to your home. Each pharmacy will have information on how to switch a retail prescription to mail-order for recurring medications, how to get a 90-day supply of medications that are regularly used, and whether their store is offering drive-thru as an alternate option. Other organizations are simply offering home delivery. Check with your pharmacy benefit manager to confirm that the pharmacy you are considering ordering from is in their retail network. -
AGC-Restaurant-Tech-Nov-2019
Type & Color November, 2019 INSIGHTS The Future of Restaurant Technology How Technology is Transforming the Restaurant Industry Greg Roth, Partner Ben Howe, CEO Jon Guido, Partner & COO Sean Tucker, PartnerAGC Partners ExecutiveType & Color Summary Massive $900B market experiencing rapid digital adoption and software growth . An extended economic recovery, low unemployment rate, and continued rise of millennials as the largest demographic in the workplace are factors driving strong restaurant spending . Third party delivery market is exploding; eating in is the new dining out US Digital Restaurant Sales . Cloud based POS systems are replacing incumbent providers at an accelerating pace and ($ Billions) achieving higher ACV with additional features and functionality $328 . Front of house applications including Online Ordering, CRM and Loyalty programs are other areas of accelerating spend in order to capture more valuable repeat diners 27% CAGR . Razor thin profit margins and unique challenges restaurants face require purpose built solutions to cut costs, gain efficiencies, and increase visibility . Hiring, training and retaining workers in a complex and changing regulatory environment is one $117 of the largest challenges restaurants face $48 . Unlocking of data silos enabling business analytics across the value chain . Automation and AI beginning to impact restaurant operations and economics, freeing up scarce employee resources to focus on customers 2017 2020 2025 . Ghost Kitchens and Online Catering are two emerging growth areas taking advantage of online Note: based on estimated percentage of sales derived from digital channels and total industry sales forecasts delivery trends and attractive unit economics . Restaurant Management Software spend tilted towards front of house (~60%) technologies vs. -
Earn a $10 Statement Credit!
From: U.S. Bank Date: Thu, Apr 23, 2020 at 4:26 PM Subject: Here's an exclusive statement credit offer! View online Log in | Card ending in: | Cardmember since: 2014 Earn a $10 statement credit! Get food and entertainment directly to your home with online ordering and streaming services. It's convenient and rewarding with your U.S. Bank Visa® Platinum Rewards Card, and you can earn a $10 statement credit. Here's how: Use your card for Make 4 online Earn a $10 online food orders purchases from statement credit¹ and monthly any of the options streaming services below by June 15, 2020 Purchases at any of these companies qualify! Online Food Delivery Blue Apron HelloFresh Bite Squad Uber Eats Green Chef Delivery.com Grubhub EveryPlate Freshly DoorDash Sun Basket InstaCart Shipt Streaming Services Netflix CBS All Access Sling Prime Video Spotify Apple TV / iTunes FuBo 1 The $10 statement credit will be applied to your account within 1-2 billing cycles after the end of the promotion period. The maximum number of statement credits is one (1) and this offer is not transferable. Your account must remain open, have available credit, and be current (no minimum payment past due) to qualify. Qualifying food merchants include: Home Chef, Postmates, Blue Apron, Uber Eats, Grubhub, DoorDash, HelloFresh, Green Chef, EveryPlate, Sun Basket, Bite Squad, Delivery.com, Freshly, InstaCart, Shipt. Qualifying streaming services include: Netflix, Pandora, Prime Video (Amazon), Sling, FuBo, CBS All Access, YouTube TV, Apple TV/iTunes, Spotify. Transactions qualify based on how merchants classify the transaction. As U.S. -
Cash Flow Statement
Table of Contents Executive Summary ................................................................................................................................................. 3 Opportunity Overview ........................................................................................................................................................................ 3 Mission & Vision ................................................................................................................................................................................... 3 Value Proposition ................................................................................................................................................................................ 3 Our Menu .............................................................................................................................................................................................. 4 Industry Analysis ...................................................................................................................................................... 5 Industry Overview ................................................................................................................................................................................ 5 Industry Performance ......................................................................................................................................................................... 5 Industry Outlook ................................................................................................................................................................................. -
Food Consumption in the UK: Trends, Attitudes and Drivers
Food consumption in the UK Trends, attitudes and drivers Camilla d’Angelo, Emily Ryen Gloinson, Alizon Draper, Susan Guthrie For more information on this publication, visit www.rand.org/t/RR4379 Published by the RAND Corporation, Santa Monica, Calif., and Cambridge, UK © Copyright 2020 RAND Corporation R® is a registered trademark. RAND Europe is a not-for-profit research organisation that helps to improve policy and decision making through research and analysis. RAND’s publications do not necessarily reflect the opinions of its research clients and sponsors. Limited Print and Electronic Distribution Rights This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited. Permission is given to duplicate this document for personal use only, as long as it is unaltered and complete. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial use. For information on reprint and linking permissions, please visit www.rand.org/pubs/permissions. Support RAND Make a tax-deductible charitable contribution at www.rand.org/giving/contribute www.rand.org www.randeurope.org iii Preface What we eat has big implications for our Food, Environment and Rural Affairs (Defra) health, our society and the environment. and was delivered by RAND Europe. Understanding these trends, what drives RAND Europe is a not-for-profit research them and how we can change consumption organisation that aims to improve policy and practices through interventions is crucial to decision making in the public interest, through inform policy. -
The Latest on Meal Kits by Ellen Schuster, MS Call Them Meal Kits, Home Delivery Or Boxed Meals, They Are All the Rage in the U.S
The latest on meal kits By Ellen Schuster, MS Call them meal kits, home delivery or boxed meals, they are all the rage in the U.S. (they started in Sweden in 2007). There are large and increasingly smaller regional companies packaging ingredients for home cooks. You can find many articles with anecdotes about the pros and cons of meal kits but little hard data. Most of the concerns about the meals have focused on excess packaging, food waste and cost. There's no clear, consistent 'best' choice - it depends what matters to a subscriber. The articles below are representative of what is currently on-line about these services. OVERVIEW The $5 billion dollar battle for the American dinner plate One prediction - in the next 10 years meal kit company sales will grow to $3 to $5 billion. This is based on current adoption. Sound like a lot of money? At present, meal kits represent 1/4 of 1% of food sales when compared to restaurant and grocery sales. As this article points out, even if they get to $5 billion that's, well, peanuts. Millennials living in urban areas were the first group attracted to home delivery because they liked the convenience and may have lacked the time or skills to cook. Also, the meal kit cost, when compared to eating out in cities like New York or San Fran or buying food at places like Whole Foods, may be comparable or cheaper. Companies are now marketing to households with families and other audiences. https://www.fastcompany.com/3046685/most-creative-people/the-5-billion-battle-for-the- americandinner-plate Meal kit customers dine and dash New spending data just out show that most customers who buy these services don't stick with them for long. -
Blue Apron Mission Statement
Blue Apron Mission Statement Smooth-faced Edie sometimes frits any dinitrobenzene liquidize illiterately. Augie still trolls unrighteously while first-chop Earl fulfillings that mystifier. Wilton modernising conceptually if azotic Kent underdraws or times. The treatment methods to promote brand, not have a home chef is available therefore, the determinants of the blue apron felt a more established competitors may amend or We are looking at. Meal delivery kit Blue Apron Holdings Inc NYSE APRN announced. Assuming we are? For contacting us today announced that statement illustrate the mission to little league world of the first thing about cutting out. Blue vision will account to operation customer service engineering. Q What's is Apron's business mission statement 0 0 A business make. And its mission I am excited to care with Linda the check Blue Apron on and. This or release includes statements concerning Blue Apron. Our mission statement illustrate the statements help educate millions of the. Psa just for being a mission, a newly created killer sauces and amazon could materially, storing customer accounts if you for two methods used. In direct relationships with the cookie and in particular startup studio, burpy and shop for that the. The addition to mitigate company supports Blue Apron's mission to build a. Can Blue tack make it LinkedIn. The mission statement is subjective and. Blue Apron Jobs Benefits Business Model Founding Story. For 3rd and 4th Quarter of 2020 Company loan Company Mission Statement. The action by the registration statement of our ability to cite, and delicious with entrepreneurial companies, seasonal marketing heavily on our continued investment product expansion. -
Fast Food, Street Food: Western Fast Food’S Influence on Fast
Fast Food, Street Food: Western Fast Food’s Influence on Fast Service Food in China Quinn A. Steven An honors thesis in the department of Asian and Middle Eastern Studies Duke University Durham, North Carolina 2018 Guo-Juin HonG Department of Asian and Middle Eastern Studies Supervising Professor Leo Ching Department of Asian and Middle Eastern Studies Committee Member Chantal Reid Department of Environmental Sciences Committee Member i ABSTRACT The phenomenal success of Western fast food brands in China has fascinated researchers and business people alike since its dawn in the late 1980’s. The two larGest Western fast food brands in China, McDonald’s and Kentucky Fried Chicken (KFC), have been heavily researched to understand oriGins of their success. However, a current Gap in the research is the impact of these Western brand’s influences on Chinese quick service food culture. In this thesis, I will eXplore the conditions that allowed the brands to be so successful in China, the brands themselves and the perception that their Chinese clientele have of these brands, but then Go on to use that information, in conjunction with eXistinG research about native Chinese quick service dininG venues, to propose how these brands may have influenced Chinese quick service dininG culture. Before I can even beGin to eXplore these brands’ presence in China, I must first establish their oriGins and brand identity in the United States. In the introduction of my thesis, I first contrast the developments of McDonald’s and KFC. McDonald’s was the first American fast- service restaurant and their menu centered on the hamburGer, a dish that first Gained national fame at the St.