Aussies just haven’t got the time and energy to work around a planned meal kit, and that’s not ending well for meal kit delivery services like My Food Bag (ASX: MFB), with its earnings down nearly 40%. At the end of January 2023, deliveries were down 11.8% compared to last year. Revenue was down 8.0%,
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This year has been less than ideal for the meal kit delivery service My Food Bag (ASX: MFB). Fewer deliveries, poor customer retention, Omicron, and more hampered its progress. Worst of all, its marketing activities backfired. Now, there’s one question on its mind: What do customers want? Hopefully, they will figure it out soon. In
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Meal kit delivery service My Food Bag Group (ASX: MFB) is witnessing a slower than expected start to trading in FY23 with meal kit deliveries down 4% in July compared to last year. At the same time, the number of customers have returned to similar levels to 73,145 (in line with the end of July
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