MIAMI BEACH, FL / ACCESSWIRE / September 7, 2021 / Home Bistro, Inc. (OTC PINK:HBIS) ("Home Bistro" or the "Company") a leading online platform that offers celebrity chef-inspired, gourmet and lifestyle ready-made meals shipped directly to consumers, announced today that its returning customer rate has increased by over 50% in the past 90 days.
Home Bistro CEO Zalmi Duchman stated, "Customer reorders is a foundational and critical factor in building a successful direct to consumer platform. Since we implemented stricter quality control measures earlier this year, we've experienced a more than 50% increase in our customer reorder rate, with a 20% increase for the month of August alone when we transitioned to fresh meal delivery."
He added, "These results are extremely encouraging considering we have yet to implement a comprehensive subscription-based ordering model. However, we are in the early planning stages for launching subscription-based offerings which should even further enhance the rate at which our customers reorder."
About Home Bistro, Inc.
Home Bistro is a leading online platform, www.homebistro.com, that provides for the creation, production, and distribution of direct-to-consumer, heat-to-eat, celebrity chef inspired gourmet meals, which currently include inspirations developed by "Iron Chef" Cat Cora, "Hungry Fan" Chef Daina Falk and soon to launch celebrity chefs Ayesha Curry, Roblé Ali and Claudia Sandoval.
Home Bistro's Model Meals lifestyle brand www.modelmeals.com is a Whole30 and Paleo approved, ready-to-eat, meal prep service, offering a weekly rotating menu that is prepared by professional chefs, using only the highest quality ingredients available, sourced responsibly and locally, and delivered in sustainable, eco-friendly packaging.
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The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release relating to the Company may be found in the Company's periodic filings with the Securities and Exchange Commission, including the factors described in the sections entitled "Risk Factors", copies of which may be obtained from the SEC's website at www.sec.gov. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.
Zalmi Duchman, CEO
SOURCE: Home Bistro, Inc.