World's First Vegan Supermarket goes bankrupt


Some farmers may enjoy this one, as the world’s first ever vegan supermarket has gone bankrupt.

World's First Vegan Supermarket goes bankrupt

  • ADDED
  • 1 year ago

Some farmers may enjoy this one, as the world’s first ever vegan supermarket has gone bankrupt.

Farmers and Vegans have been in a battle of image in recent years, butting heads on many occasions.

It has been announced in recent days, that the world’s first vegan supermarket has filed for bankruptcy, as reported by munchies.vice.com, which may go down well with farmers.

The chain, “Veganz”, which was first created in 2011 and the store in question was based in Germany. They currently have nine locations worldwide and when built in Germany it was the first of its kind in the country and world!

Stores can be found not only in Germany but also Vienna and Prague, while there were plans to open a US headquarters in Portland this summer. This now seems highly unlikely.

Snags:
Things for the supermarket chain has not gone quite as planned and bankruptcy was field for last week. It has also been reported that they company also plan to close many of its other locations.

The supermarket's founder, Jan Bredack, has laid the blame on increased competition and the excess vegan purveyors now operating in the industry.

"The model of the vegan supermarket outstripped itself, because of the growing supply of vegan produce," said Bredack.

Another snag was the fact that the vast majority of their consumers (80%) were neither vegan or vegetarian.

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