Guacamole Greens go public... Sweetgreen became the first publicly traded lettuce stock in mid-November. For some the salad chain is a staple in cities like LA, NYC, and Austin, where Super Green Goddess salad is a lifestyle. SG was launched in 2007 by three college students in DC — now it has 140 locations in 13 states and plans to double that in the next five years. But SG lost $87M from January to September 2021, and the stock is down 36% from its IPO day high. Now...
Click for Shroomami bowl... Sweetgreen really wants you to order online, and has been tech-ifying stores for that purpose (it even bought a salad-making robot company). It also offers promo prices and special menu items solely for digital customers. Here's why:
Resolutions require stickiness... Healthier eating is Americans’ #1 New Year's resolution, followed by exercising more. That could be a boon for “Resolution Risers” like Sweetgreen and Peloton in the coming months, but they'll need "stickiness" after you wilt from eating kale every day. Digital reward subscriptions could be the perfect recipe for loyalty: Panera said its $9/month coffee sub pilot boosted visits by 70%, and Taco Bell said it’s thrilled with the reception of its Taco Lover’s Pass.