Beyond Meat begins direct online sales of plant-based patties
Aug 27 (Reuters) - Beyond Meat Inc BYND.O on Thursday launched a new website to sell its plant-based meat products to U.S. customers, just nearly three months after rival Impossible Foods started its direct-to-consumer sales.
The move comes at a time when demand for vegan products has surged amid rising beef prices due to the COVID-19 pandemic and restaurant traffic has not recovered to normal levels.
Impossible Foods, which began direct online sales in June, and Beyond Meat currently sell their plant-based meat products in thousands of retail stores across the United States, including Kroger KR.N and Walmart Inc WMT.N.
Beyond Meat has been seeing a jump in consumer demand in its retail channels during the lockdown and said direct online sales would include the Beyond Beef and Sausage patties, with two-day shipping included in all orders.
(Reporting by Aditi Sebastian; Editing by Ramakrishnan M.)
((aditi.sebastian@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 7760787976))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In This Story
BYND KR WMTOther Topics
US MarketsLatest Markets Videos
Explore Commodities
ExploreMost Popular
- Cost-Push and Demand-Pull Inflation: Definitions and Examples
- Aeromexico plane made quick detour to avoid crash in Mexico City
- China suspends imports of goats, sheep from Mongolia due to viral disease
- The U.S. Government Dips Its Toes in Commodities, But Is It Enough to Create a Domestic Supply Chain?