Beyond Meat Turns to Fake Chicken to Juice Slumping Grocery Store Sales

·3 min read
Beyond Meat Turns to Fake Chicken to Juice Slumping Grocery Store Sales

While sales at retail sales soared as consumers stocked up on groceries, sales from the foodservice industry fell off a cliff. Restaurant sales are recovering, although a recent report from Bloomberg suggests that fast food chains are pulling back on the whole idea of fake meat. Meanwhile, sales at retail outlets are tumbling.