Salad Chain
To Lay Off 5% of Workforce

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The move toward hybrid or entirely remote employment has hurt urban restaurants that relied on office employees as clients.

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Fast-food companies that dominated city centres are facing reduced sales. Sweetgreen, a popular lunch spot, will lay off workers due to decreasing sales.

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Los Angeles-based chain's "erratic urban rebound" following epidemic slowed sales growth. As a result, the firm will lay off 5% of its workers to return to profitability.

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Sweetgreen's finest season is summer, but sales didn't rise this year. The business said it initially saw the sales dip around Memorial Day, prompting them to decrease forecasts.

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As part of its new strategy, Sweetgreen will relocate its support centre. The business predicts same-store sales of 13% to 19% this year, which is lower than 26%.

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Even before the epidemic, fast-casual was expanding into suburbs. It has a significant presence in such locations but is moving away from high-density areas.

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At the end of 2019, 65% of our presence was urban. It's 50/50. End of 2019, our urban restaurants had an AUV of $3.1 million and our suburban eateries $2.7 million.

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At the conclusion of the second quarter of 2022, AUVs were $2.7 million and urban SUVs were $3.1 million.

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Dominos Closing All Locations in This Country

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Salad ChainTo Lay Off 5% of Workforce

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