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0 0.000509813917919903 0 0.000382360438439927 0.00624522049451952 0.0056079530971195 0.0030588835075197 0.00293143002803973
Stock impact report

Popular restaurant chain forced into Chapter 7 bankruptcy [Yahoo! Finance]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
That has broadly been the case with restaurants serving very specific customer segments. Whether you target a kosher, gluten-free, halal, vegetarian, or vegan audience, an eatery generally needs to appeal beyond that core crowd to achieve sustainability. "Vegan restaurants face hardships that often mirror those of nonvegan establishments, including rising rent and operating costs. But those challenges are compounded by a limited clientele and, in some locations, the high prices of plant-based protein alternatives like Beyond Meat and Impossible Foods," Bloomberg Law reported. Only 1% of Americans identify as vegans, according to Gallup , while the same poll showed that 3% consider themselves vegetarian. That means a vegan restaurant, unless it's in a very large city, needs to appeal to non-vegan customers. That major challenge has recently driven a number of vegan and vegetarian chains into bankruptcy. Planta, a pioneer in the vegan space, has been under Chapter 11 bankruptcy p Show less Read more
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