All Updates

All Updates

icon
Filter
Management news
Neat Burger to shut down four locations
Plant-based Meat
Nov 23, 2023
This week:
M&A
N-able acquires Adlumin for USD 266 million to strengthen cybersecurity offerings
Next-gen Cybersecurity
Yesterday
M&A
Bitsight acquires Cybersixgill for USD 115 million to enhance threat intelligence capabilities
Cyber Insurance
Yesterday
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Generative AI Infrastructure
Yesterday
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Data Infrastructure & Analytics
Yesterday
Product updates
Microsoft launches Copilot Actions for workplace automation
Foundation Models
Nov 20, 2024
M&A
Almanac acquires Gro Intelligence's IP assets for undisclosed sum
Smart Farming
Nov 20, 2024
Partnerships
Aduro Clean Technologies partners with Zeton to build hydrochemolytic pilot plant
Waste Recovery & Management Tech
Nov 20, 2024
Funding
Oishii raises USD 16 million in Series B funding from Resilience Reserve
Vertical Farming
Nov 20, 2024
Management news
GrowUp Farms appoints Mike Hedges as CEO
Vertical Farming
Nov 20, 2024
M&A
Rise Up acquires Yunoo and expands LMS monetization capabilities
EdTech: Corporate Learning
Nov 20, 2024
Plant-based Meat

Plant-based Meat

Nov 23, 2023

Neat Burger to shut down four locations

Management news

  • Neat Burger, a UK-based vegan restaurant chain, will shut down four London locations (Liverpool Street, Canary Wharf, Oxford Street, and Westfield Stratford) before Christmas.

  • This decision stems from a significant reduction in foot traffic due to remote and hybrid work patterns and increased food, utility, and property costs. Moving forward, the company has ceased plans to open new sites and will focus on smaller, high-traffic areas. Further, it aims to expand its delivery radius in partnership with Deliveroo.

  • Analyst QuickTake: This news comes just weeks after Neat Burger opened its first Italian location in Milan. However, a recently passed bill against plant-based meat labeling might threaten its operations. On the other hand, Neat Burger’s NYC location is thriving and has fostered several foodservice partnerships ( TiNDLE Foods , Chunk Foods , OmniFoods ).

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.