Most employees learned of the shutdown prior to the email Monday during a conference call. They were told they would be paid through their last working day and for accrued vacation, Business Insider reports.
“Due to setbacks with financing, unfortunately, we are ceasing operations for all employees, effective today, July 16, 2018,” the email continues. “If we had been successful with these funding efforts, this difficult decision would have been avoided.”
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Chef’d first launched in April 2015 and grew its operation. Last month the company announced it would sell its meal kits in select Duane Reade and Walgreens locations in New York. It also announced a partnership with Byte Foods to stock the company’s smart fridges with meal kits.
It was an amazing run and while we didn’t get to where we wanted to go, I hope you each take something away from this experience that will help you in the future. I will miss you and I will miss Chef’d,” Ransford said in his email to employees.
Meal kits are trending right now. Kroger recently announced a partnership with meal kit company Home Chef. But individual companies have hit snags along the way including Sprig and Din that have shut down as well.
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