Sweetgreen

Technology

Sweetgreen is pushing for a high-tech future

The fast-casual chain, which filed to go public this week, is focused on boosting digital orders and adding tech enhancements to its restaurants.

Financing

Why margins could keep Sweetgreen from its holy grail

The fast-casual salad chain wants to revolutionize the fast-food business and make it healthy. Its margins could cause investors to think twice, says RB’s The Bottom Line.

The 140-unit fast-casual salad chain, which has been hard hit by the pandemic, becomes the fifth restaurant brand to go public this year.

Global flavors trend at Firehouse, Ledo Pizza and Cava; Newk’s, Sweetgreen and Dog Haus play up plants; Toasted Yolk and Eggs Up Grill go big on breakfast; and Krispy Kreme and Eureka get spooky.

The fast casual is adding a new Buffalo Cauliflower side dish and a Curry Cauliflower bowl to its autumnal offerings.

Jonathan Neman, whose fast-casual salad chain filed to go public in June, said his earlier statement that called for a tax on processed foods, among other things, was “insensitive and oversimplified.”

In a now-deleted LinkedIn post, Jonathan Neman, whose salad chain filed to go public in June, linked the pandemic to obesity and called for a ban on “food that is making us sick.”

As the industry takes another big step toward more automation, consumers are holding back.

The fast casual, which recently submitted documents to go public, said Spyce’s automation will allow it to speed throughput and let workers focus on food prep and hospitality.

Wouleta Ayele is Sweetgreen’s new chief technology officer following a 16-year career with Starbucks.

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