- CEO
- Chieh Huang
- Full Time Employees
- 250
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- 451 Broadway New York City NY United States of America 10013
- IPO Date
- Dec 8, 2021
- Business
- Boxed, Inc. Boxed, Inc. (BOXD) operates as an e-commerce retailer and enabler specializing in bulk pantry consumables, household essentials, and related products delivered directly to business-to-consumer and business-to-business customers across the continental United States without requiring big-box store memberships; its offerings include branded and private-label items such as paper products, snacks, beverages, cleaning supplies, health and beauty aids, office supplies, and organic goods, supported by services like on-demand grocery delivery, subscription options, loyalty programs, and an average order value exceeding $100 with eight items per basket. The company, founded in 2013 and headquartered in New York City, New York, also licenses its proprietary end-to-end e-commerce technology platform, including the Spresso software for enterprise retailers, Boxed IQ content management suite, programmatic advertising tools, vendor portals with real-time data analytics, and fulfillment automation powered by robotics. In a major restructuring, Boxed filed for Chapter 11 bankruptcy in April 2023 to facilitate the sale of its Spresso software unit to first-lien lenders while winding down retail operations; its core e-commerce assets, including boxed.com and intellectual property portfolios, were subsequently acquired in August 2023 by MSG Distributors, Inc., a Farmingdale, New York-based regional distributor of consumables, natural foods, and sports nutrition products serving B2B accounts through facilities in New York, Florida, Texas, and California, enabling revitalized nationwide distribution, next-day delivery enhancements, expanded brand catalogs, and integration of MSG's patented warehouse management innovations. The NYSE suspended trading of Boxed shares in April 2023 and commenced delisting proceedings, with the stock now trading over-the-counter as BOXDQ amid a market capitalization near zero as of late 2025. Prior to bankruptcy, Boxed went public in December 2021 via a business combination with Seven Oaks Acquisition Corp., raising approximately $198 million in gross proceeds, and pursued partnerships such as with Colavita USA for direct-to-consumer logistics using its Union, New Jersey fulfillment center, Google Cloud for advanced analytics and AI, and VTEX for global merchant insights, alongside securing up to $20 million in new financing through secured term loans and note exchanges.