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Sweetgreen

All articles tagged with #sweetgreen

business4 months ago

Fast Food Chains and the Economy: What's Behind the Decline?

The article explores why chains like Chipotle, Sweetgreen, and Cava are experiencing slumping sales, highlighting that despite their fresh and flavorful food, their core issue is perceived value. Chipotle remains the most filling and cost-effective, while Cava offers exciting flavors at a higher price, and Sweetgreen's salads, though tasty, are seen as less valuable for the price. The shift in consumer expectations towards more filling, affordable meals is challenging these brands' traditional appeal, raising questions about their future strategies.

via Business Insider|
#business#chipotle#fast-casual
business2 years ago

"Rival Salad Chain Threatens Sweetgreen's Quest to Become the 'McDonald's of its Generation'"

Salad and Go, a salad chain founded in 2013, is rapidly expanding and could potentially surpass Sweetgreen in store count. With backing from a private equity firm, the chain offers affordable salads and has ambitious expansion plans. Its CEO, a former Wingstop executive, aims to compete with fast-food restaurants by offering healthy and affordable options. The chain's unique business model, with small drive-thru locations and centralized commissary kitchens, has allowed for rapid expansion. Salad and Go aims to own thousands of restaurants and is considering all options, including an initial public offering, for its future growth.

via CNBC|
#business#expansion-plans#fast-food
discrimination2 years ago

"Racial Discrimination Lawsuit Exposes Daily Use of N-Word by Sweetgreen Managers in New York"

Ten employees of Sweetgreen have filed a racial discrimination lawsuit against the salad chain, alleging that they were subjected to daily use of racial slurs and other racist comments by their co-workers and managers at seven of its New York City restaurants. The lawsuit also claims that managers failed to hire or promote qualified Black employees, gave preferential treatment to Hispanic workers, and ignored complaints made to upper management. The plaintiffs are seeking monetary and punitive damages, as well as payment of attorneys' fees. Sweetgreen has not yet responded to the allegations.

via NBC News|
#discrimination#lawsuit#new-york-city
business2 years ago

Workers File Lawsuit Against Sweetgreen Alleging Racial Discrimination at 7 NYC Locations

Ten employees of Sweetgreen have filed a lawsuit against the salad chain, alleging racial discrimination at seven of its New York City restaurants. The plaintiffs claim that they were subjected to racist comments and the use of racial slurs by co-workers and managers. They also allege that Black employees were not hired or promoted, while Hispanic workers received preferential treatment. The lawsuit further accuses managers of sexually harassing female workers. The plaintiffs are seeking monetary and punitive damages, as well as payment of attorneys' fees. Sweetgreen has not yet responded to the allegations.

via CNBC|
#business#lawsuit#new-york-city
business2 years ago

Sweetgreen Adds Culinary and Marketing Experts to Leadership Team

Sweetgreen, the fast-casual restaurant brand, has announced the appointment of Chad Brauze as head of culinary and Michael Kotick as VP and head of marketing. Both executives bring extensive experience from their previous roles at Chipotle and will play key roles in menu development, marketing, and scaling the business. Sweetgreen currently operates over 200 locations in the U.S.

via Nation's Restaurant News|
#business#culinary#fast-casual-restaurant
business2 years ago

Shift in Customer Behavior: Cava and Sweetgreen Witness Decline in Delivery Orders

Fast-casual chains Cava and Sweetgreen are experiencing a decline in delivery orders as customers opt to pick up their own food, indicating a trend towards more budget-conscious dining. Delivery orders tend to be more expensive due to added fees and tips, making pick-up orders a cost-saving option. While this shift benefits consumers, it can impact restaurants' revenue as delivery orders typically have higher totals. Sweetgreen reported weaker-than-expected sales in Q2, partly due to the decline in delivery transactions, while Cava's full-year forecast is cautious. Even Chipotle saw a drop in delivery service revenue. However, third-party delivery companies like Uber and DoorDash continue to see strong demand.

via CNBC|
#business#cava#delivery-orders
food2 years ago

"Sweetgreen Introduces $10 Monthly Membership for Discounts and Delivery Perks"

Sweetgreen has launched a $10 monthly subscription program called Sweetpass+ that offers daily $3 off one entrée and free delivery once a month after 4pm, among other perks. For those who eat at Sweetgreen three times or less a month, there is a free version of the program that includes rewards and challenges to gain even more perks, a birthday gift, and special access to online-only exclusives. The program is part of Sweetgreen's initiative to boost sales growth after suffering from lower-than-expected numbers earlier this year due to the pandemic.

via Daily Mail|
#delivery#discounts#food
business2 years ago

Sweetgreen narrows losses and aims for profitability in Q1 2023.

Sweetgreen reported a narrower-than-expected loss in Q1 2022, with net sales climbing 22% YoY to $125.1 million and same-store sales rising 5%. The salad chain is aiming to turn a profit for the first time by 2024 and is taking a more conservative approach to entering new markets, cutting support-center costs, and simplifying its management structure. Digital transactions accounted for 61% of sales, down slightly from a year earlier, and the company plans to open between 30 to 35 new locations in 2023, including two restaurants with automated kitchens.

via CNBC|
#business#digital-transactions#profitability
business2 years ago

Chipotle and Sweetgreen's Chicken Bowl Battle Intensifies

Chipotle Mexican Grill sued Sweetgreen for violating its trademark rights by using a similar name for its chicken burrito bowl. The companies settled amicably after Sweetgreen renamed the offering. Both companies have invested in technology, but Chipotle's sales and earnings are growing while Sweetgreen remains in the red. With consumers cutting back on restaurant spending, companies are having to safeguard their intellectual property. Chipotle's brand recognition gives it an advantage, but for smaller rival Sweetgreen, which had to rename its copycat bowl, the stakes are much higher.

via Reuters|
#business#chipotle#restaurant-industry
business2 years ago

Chipotle takes legal action against Sweetgreen over chicken bowl trademark infringement.

Sweetgreen has agreed to rebrand its chipotle chicken burrito bowl after rival fast-casual chain Chipotle filed a trademark-infringement lawsuit against the company. The lawsuit claimed that Sweetgreen's use of "Chipotle" in an uppercase font and similarities in font and colour were meant to confuse customers and tap into Chipotle's popularity. Sweetgreen has agreed to rename the bowl to the Chicken + Chipotle Pepper Bowl as part of a tentative agreement to resolve the lawsuit. Chipotle has said it will continue to protect its intellectual property in the marketplace.

via The Washington Post|
#business#chipotle#lawsuit
business2 years ago

Chipotle vs Sweetgreen: Trademark Battle Over Chicken Bowl

Sweetgreen has renamed its "Chipotle Chicken Burrito Bowl" to "Chicken + Chipotle Pepper Bowl" as part of a tentative agreement with Chipotle to resolve a lawsuit claiming trademark infringement. Chipotle had filed the lawsuit in California federal court, claiming that the salad chain's menu item infringed on its trademark. Sweetgreen said it decided to rename the bowl to focus on its business and serve customers without distraction. Both companies have agreed to resolve the lawsuit, but it's unclear when the name change will go into effect.

via CNBC|
#business#chipotle#lawsuit
business2 years ago

Chipotle vs Sweetgreen: Legal Battle Over Chicken Burrito Bowl Trademark

Chipotle is suing Sweetgreen over alleged trademark infringement, trademark dilution, and deceptive trade practice related to Sweetgreen's new "Chipotle Chicken Burrito Bowl." Chipotle argues that Sweetgreen attempts to profit off its near-identical, directly competitive, and well-known product. Sweetgreen has not commented on the pending litigation. Chipotle is committed to protecting its valuable trademarks and intellectual property.

via NPR|
#business#chipotle#fast-casual