Veggie Grill CEO says company is not profitable after closing nearly half its restaurants thanks to no office traffic ...Middle East

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VEGGIE Grill’s chief executive officer has shared his concerns regarding the company’s profits after nearly half of its locations closed. Last month, CEO T.K. Pillan decided to close 12 locations, taking the business from 29 restaurants to just 17. Instagram/veggiegrillVeggie Grill recently closed 12 of its 27 locations[/caption] The restaurant largely relied on the lunch rush for much of its business, but since work-from-home has become more common, those crowds have thinned out. “Instead of trying to continue to manage units that, without office traffic, would not be profitable, we determined it would be a better long-term move to right-size our fleet of restaurants,” Pillan s

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Veggie Grill CEO says company is not profitable after closing nearly half its restaurants thanks to no office traffic ...Middle East

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