Blue Apron Seeks Funds or a Sale as It Shutters a Facility

Blue Apron Holdings Inc., which kicked off the meal-kit-by-mail fad, is evaluating options to rekindle the business, including raising additional capital or selling assets, as it struggles to find new customers or profit.

The company reported a loss per share for the fourth quarter of $1.66, which was wider than an average of analysts’ estimates compiled by Bloomberg. The company is pushing forward with a previously disclosed plan to close a facility in Arlington, Texas.