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Virtually every Corporate “Slop Bowl” is called that for good reason.
It’s no mistake customizable bowls became the cultural symbol of industrialized white-collar lunch culture.
These companies were all built to this massive scale of being through major institutional VC money.
You don’t land on the corner of every white collar office in every metro city by accident.
And it continues to be more highly consolidated, presenting the illusion of choice for consumers:
• Chipotle (CMG): BlackRock - 6.6%, Vanguard - 10.5%
• Sweetgreen (SG): BlackRock - 7.0%, Vanguard - 8.9%
• Cava (CAVA): BlackRock - 7.7%, Vanguard - 7.9%
They call it “passive index fund ownership.”
But let’s call it what it is: infiltration into every corner of our food supply.
Food should be from farmers, not big wigs.
The Corporate Slop Bowl is a perfect representation of how our food has been so commoditized we are losing touch.
Even Sweetgreen which probably has the best ingredients of these slop bowl companies is replacing the people who serve your food with robots.
Transcript
Waking ups realizing virtually every corporate Slop Bowl is called that for good reason. It is not a mistake that these customizable bowls became the cultural symbol of industrialized better collar lunch culture. You don't just land on the corner of every white collar office in every metro city by accident. These companies were all built to this massive scale through major institutional money, and it continues to become more and more consolidated, presenting the illusion of choice for consumers. For Chipotle, BlackRock owns 6.6%, Vanguard owns 10.5%. Sweetgreen, BlackRock worse, Vanguard 8.9. Kava, BlackRock 7.7%, Vanguard 7.9%. They call it passive ownership, but let's call it what it is: infiltration into every corner of our food supply. Food should be localized directly from small farmers, not from bigwigs and private equity firms. The corporate slop bowl is a perfect representation of how our food has been so commoditized, we are losing touch. Even Sweetgreen, which probably has the best ingredients of these, is replacing the people who serve your food with robots. You can use Localize or head to your city's farmers market to connect with the source again.
