Restaurants have laid off thousands in wake of coronavirus—but ghost kitchens are hiring [MSNBC.com]
Just Eat Takeaway.com N.V. - American Depositary Shares (GRUB)
Last just eat takeaway.com n.v. - american depositary shares earnings: 2/5 04:05 pm
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Source: MSNBC.com
Asthe coronavirus pandemicghost kitchen companyC3, a food hall and virtual kitchen subsidiary of hospitality company SBE Entertainment Group, is accelerating its growth as demand for its food doubles during the coronavirus pandemic."We definitely have seen a fundamental shift in consumer behavior, and we've accelerated not just our locations, but a completely different business line, which is leasing restaurants that are dark in communities that need restaurants and food," SBE Entertainment CEO Sam Nazarian said.C3 is moving into three empty restaurants, with plans to open five virtual restaurant brands in each within the next four weeks."It's an interesting solution to what we believe, post-Covid, when a lot of restaurateurs will not be able to survive, and these restaurants will be going dark," Nazarian said.Also known by a variety of other names, like virtual or cloud kitchens, ghost kitchens are an evolution of the restaurant model that is meant for off-premise dining only. These
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