Once valued at over $15 billion, Oatly’s market capitalization has plummeted by 98% due to poor execution in expanding production and mounting financial losses. Its sluggish growth in plant-based products makes Oatly’s future murky, according to FI’s resident stock expert.
Hart House abruptly closed all four locations despite Kevin Hart’s backing, reflecting broader issues plaguing plant-based restaurants.
The vegan QSR chain Hart House abruptly closed all four of its locations based in Los Angeles on September 10 despite Kevin Hart’s celebrity backing, reflecting broader issues plaguing the plant-based sector.
Consumer data analysis firm Catalina reports two years into the coronavirus pandemic, Americans are snapping up certain packaged foods at a rapid clip, and there’s little evidence the trend is slowing much. Bacon, refrigerated snacks …
