How Mass. company is helping restaurants, shoppers during coronavirus pandemic
A Massachusetts company is starting a new initiative to help restaurants stay in business during the coronavirus pandemic, while also helping the state's residents stock up on fresh groceries.
Grocery Outpost is an online company that is helping local restaurants provide premium fruits, vegetables and meats to their customers.
"Our mission is to really help our restaurants right now," said Emma Snyder, co-founder of Grocery Outpost. "There is a statistic out there that almost 70% of local restaurants aren't going to make it through this and that just crushes our souls."
"The restaurant industry, and it's kind of shocking for those who don't know, completely operate on a 6% to 8% profit margin," said Ethan Pierce, the company's co-founder and chief executive officer.
Since launching just five weeks ago, Grocery Outpost has been able to box up over $10,000 worth of goods to over 100 households in Massachusetts, and 20% of those purchases help local restaurants keep their employees on staff.
"We're able to offer $600 to $800 in cash per restaurant per week, which helps them employ several staff members," Pierce said.
Grocery Outpost's customers can currently purchase groceries from two partnering restaurants: Peregrine, which is on Beacon Hill in Boston, and Juliet, which is in Somerville's Union Square. The company hopes to have 15 more restaurants on board in two weeks.
Pierce and Snyder said they are hoping to work directly with restaurant chefs, who will choose the food offerings, and they also have plans to work directly with local farmers in order to develop specials of the week.