Revolution Foods : addressing food insecurity during the pandemic (B) / Jennifer M. Walske, Laura D. Tyson.

Format:

Book

Author/Creator:

Walske, Jennifer M., author.

Tyson, Laura D., active 2021, author.

Series:

SAGE Business cases.

SAGE Business cases

Language:

English

Subjects (All):

COVID-19 Pandemic, 2020-2023--Influence--Case studies.

COVID-19 Pandemic, 2020-2023.

Food security--Case studies.

Food security.

Food service--Case studies.

Food service.

Physical Description:

1 online resource : illustrations.

Place of Publication:

London : The Berkeley-Haas Case Series. University of California, Berkeley. Haas School of Business, 2021.

Summary:

This case centers on Revolution Foods (RevFoods), a for-profit Benefit Corporation that has become a high-profile, high-growth, social enterprise known for its healthy school lunch program within K-12 schools. The RevFoods B case focuses on how RevFoods, in 2018, chose to exit the consumer-packaged goods (CPG) business as highlighted in the "A" case, and instead double down on its school-related food business, optimizing efficiencies and economies of scale with expansion to school districts located near current food production plants. But then, in 2020, the COVID-19 pandemic hit, causing RevFoods' revenues to initially plummet to 4% of its normal levels due to school closures. This necessitated a new level of resiliency and innovation for RevFoods' management team as the organization both needed to find new ways to serve its communities-especially "food insecure" adults and families-due to motivations around impact and financial performance. Ultimately, RevFoods successfully pivoted during the pandemic, ending the fiscal year with $174 million in revenue (in FY2020), representing a 24% increase from FY2019.

Notes:

Orginally Published InWalske, J. M., & Tyson, L. D. (2021). Revolution Foods: Addressing Food Insecurity During the Pandemic (B). The Berkeley-Haas Case Series. University of California, Berkeley. Haas School of Business.

Description based on XML content.

ISBN:

1-5297-9819-1

9781529798197

OCLC:

1289627076