That hot lunch delivered to your door? Your health insurer might pick up the tab. The cleaning crew that fixed up your apartment while you recovered from a stroke? The hospital staff helped set that up. Health care is shifting in a fundamental way for millions of Americans. Some insurers are paying for rides to fitness centers and checking in with customers to help ward off loneliness. Hospital networks are hiring more workers to visit people at home and learn about their lives, not just their illnesses. The health care system is becoming more focused on keeping patients healthy instead of waiting to treat them once they become sick or wind up in the hospital. This isn't a new concept, but it's growing. Insurers are expanding what they pay for to confront rising costs, realizing that a person's health depends mostly on what happens outside a doctor's visit. "For many people, taking care of their blood pressure or their diabetes is not particularly high on their list when they don't … [Read more...] about Health care industry branches into fresh meals, rides to gym
Meals delivered to home
Bethenny Frankel is the CEO of Skinnygirl, a brand empire she built through her role on the reality show “Real Housewives of New York.” In 2011 Frankel sold her line of cocktails for a reported $US100 million. Frankel explained how a difficult childhood and a lack of money for much of her career influenced the way she approached entrepreneurship and business opportunities. You may know Bethenny Frankel from her lead role on “The Real Housewives of New York City,” but don’t dismiss her as simply a reality-TV star. “I didn’t want to be on the show,” she told Business Insider for our podcast “Success! How I Did It.” “I thought it was going to be a bunch of drunk people acting crazy and a disaster. It was, and I ended up making money off of that, those drunk people.” Frankel’s name is the driving force behind an expanding empire of brands. She’s the brain behind Skinnygirl Cocktails, a company she … [Read more...] about Skinnygirl CEO Bethenny Frankel explains how she used ‘Real Housewives’ to build a brand worth $100 million
Starbucks will open its first Italian branch in Milan this year. Photo: Saul Loeb/AFP An association of Italian activists has something to say about Starbucks coming to Italy – but it has nothing to do with the taste of their coffee. When Starbucks announced it would finally open its first ever Italian branch in Milan this September, it pledged to make its debut in the home of espresso with "humility and respect". Comuni Virtuosi, an association of environmentally responsible local authorities across Italy, hopes to hold the US mega-chain to its promise. It's not asking Starbucks to change its coffee – just what it comes in. The association is calling on Starbucks' American management not to use any disposable cups in its Milan roastery, and instead serve drinks exclusively in in-house crockery or reusable to-go mugs. "A company made of 28,000 stores distributed in 77 countries, being attended daily by millions of people, has a huge potential to make a … [Read more...] about Forget the coffee, what will Starbucks do to Italy’s environment?
Kroger Co., the largest supermarket chain in the U.S., is paying $200 million to acquire Chicago-based meal kit company Home Chef in a deal the companies say will bring the kits to more customers and help redefine shopping habits.“We know our customers would love to see more Home Chef meal kits on grocery store shelves,” said Pat Vihtelic, Home Chef’s founder and CEO. “What this allows us to do is to be everywhere our customers are.”The deal, which is expected to close in about a month, includes future “earn-out” payments of up to $500 million over five years, contingent on achieveing milestones such as meal kit sales growth.Home Chef delivers about 3 million meals a month, the company said. Last year, it made $250 million in revenue. It also receives more than 100,000 reviews every month, giving it insight into consumers’ needs and desires that Kroger likely can learn from, said Yael Cosset, chief digital officer for Kroger.The deal … [Read more...] about Kroger pays $200 million to acquire Chicago meal kit company Home Chef
America’s appetite for home-cooked meals is souring.The National Restaurant Association says restaurant industry sales in 2017 reached $799 billion, a 4.3 percent gain over 2016 and the eighth consecutive year of sales growth in the industry.For the first time ever, Americans in 2014 forked over more money for food eaten away from home than food prepared and consumed at home, the U.S. Department of Agriculture’s Economic Research Service reported.Other sobering statistics on the culinary front: 58 percent of American adults are eating out at least once a week, according to a 2013 Rasmussen Reports national telephone survey; the average household spends an average of $3,008 per year on dining out, according to the Bureau of Labor Statistics; and consumers today spend 48 percent of their food budget in restaurants, compared with 25 percent in 1955, according to the National Restaurant Association.The industry’s smorgasbord of positive news is expected to heat up even … [Read more...] about Customer convenience at heart of thriving restaurant, meal-kit industries