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Closure of souplantation forever due to coronvirus

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Closure of souplantation forever due to coronvirus

Souplantation, a popular buffet-style dining brand founded in San Diego 42 years ago, permanently closed all its restaurants, victims of the COVID-19 pandemic, which is likely to be a death knell for all self-serving restaurants.

The permanent closure of 97 restaurants, including 44 in California, was announced Thursday after weeks of efforts to save San Diego-based Garden Fresh Restaurant, the parent company of Souplantation and Sweet Tomatoes. The closure meant job losses for 4,400 employees.

“The FDA has previously issued recommendations that include stopping self-service stations, such as self-service drinks in fast food, but they are specifically talking about salad bars and buffets,” said John Haywood, chief executive of Garden Fresh. “The rules are understandable, but unfortunately, it makes it very difficult to reopen. And I’m not sure the health department will allow it.

“We can overcome other obstacles, and we have worked for eight weeks to overcome these intermittent financial challenges, but that doesn’t work if we aren’t allowed to continue our model.”

The closure came as restaurants in California and across the country struggled to remain financially solvent amid the pandemic closure that had forced restaurants to close the dining room while only allowing roadside pickup and delivery. Such temporary pivots do not work for Souplantation, which is known as an affordable all-you-can-eat salad bar, homemade soups, pizza focaccia, baked goods, baked potato bars, pasta, ice cream and soft drinks. the stem.

Garden Fresh’s rapid decline in restaurant revenue, due to concerns about coronavirus growing in February and March, is even faster than in other restaurants, given the buffet concept, said Robert Allbritton, chairman of Perpetual Capital Partners, Washington, DC, a private investment company that buys restaurant company after filing for bankruptcy in 2016.

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“We spent two years researching and trying to improve things and really make business turn around,” Allbritton said. “We are increasing the number of guests and are in the process of renovating the restaurant with new equipment, carpets, signage at the end of January. We feel happy about that. But I have to tell you, when the virus attacks, we move from 100% to 70% to 30% so quickly, before the restaurant closes and the company runs out of money in one week. “

Allbritton said that he wrote a check five weeks ago for $ 2.5 million to help cover the last payroll.

“We see [federal] Paycheck Protection Program, but even with that we didn’t see how we could reopen the restaurant. We can’t take that money, it’s just not honest. “

Beginning in 1978, Garden Fresh originated as a San Diego Souplantation location and, in 1986, expanded into the wider Southern California region, which continues to be the core of this business. In 1990, the company moved beyond its local roots to Palm Harbor, Florida, a location with a separate brand name, Sweet Tomatoes, which grew on its own in several locations.

In more than four decades of business, Souplantation has developed loyal and almost fanatical followers. Loved by many people who are looking for cheap food, it is a frequent eating destination for college children, immigrants and those on a steady income.

“Today is a sad day for immigrant families who are obsessed with buffets,” Jenny Yang wrote in twitter. “You always feed me when I have a little money and need a place to sit and listen to restless music,” write another user.

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Haywood cited Georgia – one of the first states to reopen its business – in assessing Souplantation’s bleak survival chances. “Among the 39 rules for reopening is that the salad bar and buffet are stopped.”

“All restaurants face a big challenge right now. “Our challenge is somewhat multiplied by the fact that we are a salad bar and buffet,” he said.

“My personal opinion is that until there is a vaccine, many things such as buffets and salads will have difficulty walking and become viable.”

Weisberg writes for the San Diego Union-Tribune.

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PRR. Banco do Fomento invites companies to offer new financial instruments – Observer

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PRR.  Banco do Fomento invites companies to offer new financial instruments – Observer

Banco Português de Fomento started a public consultation this Friday aiming to receive contributions to launch new instruments under the Recovery and Resilience Plan (PRR) which still has 475 million euros.

In a statement, the organization stressed that it intends to invite companies and all stakeholders to participate in public consultations on “future capital and quasi-capital decisions.”

According to PRR, Banco Português de Fomento (BPF) has been cast in “structuring and distribution of capital decisions and quasi-equity capital of a total of €1,425 million under the Capitalization and Business Innovation component of the PRR.

The Belarusian Popular Front still has 475 million euros to launch new programs, the organization’s press release emphasizes.

The public consultation is aimed at soliciting contributions under “the terms of two pre-structured financial instruments designed to encourage company formation and/or capitalization of businesses, primarily in the start-up phases”, “Venture Capital Program” (an instrument that assumes a fund structure of funds)” and “The Deal Co-investment Program (an instrument that takes the form of direct investment in companies, always in co-investment with private investors)”.

THE PUB • CONTINUE TO READ BELOW

“These tool proposals are aimed at facilitating market entry and growth/expansion of viable companies through the development new products/services or markets and strengthening and professionalization of personnel, including the management team,” the BNF press release further emphasizes.

The public consultation is also aimed at obtaining “other proposals for new capital and quasi-capital solutions in accordance with the terms of the aforementioned capitalization funds, which are considered relevant and necessary because they are considered unavailable at the time, or existing conditions that prevent access and use.”

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Ana Carvalho, CEO of BPF, emphasized that these public consultations “are aimed at building an open dialogue with all actors of the business ecosystem, with to improve workflows and identify market failuresand the most appropriate solutions to overcome them.”

“Although we are actively in contact with various associations and institutions, this public comment allows all interested parties to participate, especially potential beneficiaries and partners involved in these measures,” he added, quoted in a press release.

All information and technical descriptions of the two pre-structured products are available on the Banco Português de Fomento website at the link https://www.bpfomento.pt/pt/consulta-publica-sobre-novos-instrumentos-financeiros-prr/.

Suggestions or offers must be submitted online for a thorough assessment by the Belarusian Popular Front until 18:00 on December 19, this body further explained.

The mission of Banco Português de Fomento is to support the economic and social development of Portugal by creating and providing innovative, competitive and appropriate solutions to the needs and challenges of the business ecosystem, enhancing entrepreneurial potential, investment and job creation, and promoting sustainability and economic, social and territorial cohesion of the country.

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FESTin returns to distribute Portuguese-language cinema worldwide | Cinema

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FESTin returns to distribute Portuguese-language cinema worldwide |  Cinema

For the 13th edition, FESTin’s mission remains the same: “Bring cinema in Portuguese to the whole world.” So says co-director Adriana Niemeyer by phone with PÚBLICO on the eve of the start of the film festival, which starts this Friday and runs until next week, ending on Wednesday the 14th at LX Factory at 7:00 pm, in Espaço Talante, inside the bookstore Ler Devagar , with a screening of four Brazilian short films chosen by Antonio Grassi, the actor in charge of the space, followed by a toast.

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VARIOUS. Portuguese project that wears a shirt for mental health

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VARIOUS.  Portuguese project that wears a shirt for mental health

Little phrases with big meaning sometimes fit into T-shirtright now in bag da Ivory, a project that began in the year of the pandemic and has been interventionally warning about mental health issues ever since.

Francisco Soares Ganzo, the founder, first suffered a panic attack when he was in 10th grade, but ended up not paying much attention to signs that something was wrong. Then the mental health problem reappeared later, at a different stage in life and with different symptoms.

“Four years ago, I started experiencing constant anxiety, to the point that I couldn’t sleep,” says 25-year-old Francisco Versa. “Basically, I put a lot of pressure on myself from the women with whom I had relationships. It was Wednesday masculinity, competition,” he continues.

Early adulthood began with this “almost obsession to be with women” and get the best. performanceto the point where he became very anxious whenever he had sexual relations with a woman.

“The peak was when I couldn’t sleep. My brain was always on and I started taking pills to help me sleep,” says Francisco.

In 2019, he decided to see a therapist rather than a psychologist because he thought it was only “for wimps”, but it wasn’t, and Francisco later figured it out.

Today, he wants to convey the same message, and to do so, he created the Ivory project in 2020, consisting of clothes and accessories with special messages that form a bridge to the necessary incentive for those in need of help.

“When I finally worked up the courage to ask for help, I was like, ‘Wow, I wish I had started sooner. That’s why I started this project. I lacked something that would motivate me to go to therapy earlier. clothes are meant to spread information,” he says.

But Ivory goes far beyond what is written in sweatshirts and accessories.

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Help that comes in order

“Everyone you know is fighting a battle you know nothing about.”

This is one of the messages recorded in t-shirts e sweats from ivory. It’s simple and affects everyone in their own way, but the focus of the Ivory team – also with a past or present marked by mental health issues – is not the phrases on the T-shirts, but what follows them.

“To say that mental health is talked about a lot is a lie. What I mean? When I hear the news that companies are very concerned about mental health or that it has become fashionable with COVID-19, it is all a lie. What people say is vague. Nobody tells stories. A person who is really bad, like I was, does not need to hear that he should go to the gym or eat well. He needs to hear a story like this.” .

Ivory’s next step is to create a space for sharing testimonies through Appendixjust to address this shortcoming. Until then, the project intends to function as anxiety And further to support in the field of mental health.

“For every order we have, a person receives Email mail to make an appointment. Because our goal is to really open doors, to do something that I didn’t have, ”says Francisco. “I feel like a lot of people buy ivory because they’re in bad condition, but they don’t want to take the next step to take care of themselves.”

If encouragement is not enough, an ivory sweater will be cozy and Email mail gives you the push you need to make an appointment with one of Ivory’s psychologists. All it takes is an Instagram post or an email.

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Sweaters and bags 100% organic cotton and mobile phone cases with phrases coined by Francisco Soares Ganzo and designs created by the whole team can be ordered at website.

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