# Salad and Go, inflation, and Gen Korean

> Salad Go returns after bankruptcy as inflation outpaces wages and Gen Korean exits restaurant industry.
- Title: Salad and Go, inflation, and Gen Korean | Shortify
- Summary: Salad Go returns after bankruptcy as inflation outpaces wages and Gen Korean exits restaurant industry. Salad and Go is returning with corporate-owned…
- Keywords: salad and go, inflation, gen korean, chubby cattle, restaurant, wages, menu prices, cpg, food, business, Salad, Gen
- Source: Nation's Restaurant News — https://nrn.com/quick-service/salad-and-go-inflation-and-gen-korean
- Read time: 1 min
- Topics: salad and go, inflation, gen korean, chubby cattle, restaurant, wages, menu prices, cpg, food, business
## Salad and Go returns after bankruptcy
Salad and Go, a drive-thru salad concept that filed Chapter 11 bankruptcy earlier this year, is returning with corporate-owned restaurants and franchises.
## Menu prices rise faster than wages
Restaurant menu prices rose 3.5% year over year in September, but wage growth is up only 3% over the past 12 months.
## Inflation outpaces wage growth
The overall inflation rate is up 3.7%, meaning real wages are down 0.7%.
## Gen Korean exits restaurant industry
Gen Korean BBQ Restaurant group is selling 47 restaurants to Chubby Cattle Group for $100 million to pivot entirely to the CPG business.
## Chubby Cattle owns multiple brands
Chubby Cattle owns and operates 70 locations of brands including Chubby Cattle, Wagyu House, and The X Pot.
## Gen Korean pivots to CPG
Gen will remain a publicly traded company but will pivot entirely to the CPG business after selling its restaurants.
## Salad and Go co-founder acquires IP
Co-founder Daniel Patino acquired the intellectual property rights with partners Mike Myers and Tom Misitano of Hospitality First Concepts.
## Salad and Go plans to franchise
Salad and Go plans to rebuild with corporate owned restaurants and also franchise the brand.
## Wage growth lags inflation
Wage growth is up 3% over the past 12 months, but menu prices rose 3.5% year over year in September.
## Gen Korean sells 47 restaurants
Gen Korean BBQ Restaurant group is selling 47 restaurants to Chubby Cattle Group for $100 million.
## Key takeaway

Salad and Go is returning with corporate-owned restaurants and franchises after bankruptcy, while Gen Korean sells 47 restaurants to Chubby Cattle for $100 million to pivot to CPG.