Half of Pain Quotidien bakeries closed temporarily
The CEO of Pain Quotidien Annick Van Overstraeten had already hinted that she could not financially leave all the bakeries open. Half of them will therefore close temporarily, pending a reopening of the hospitality industry.
Annick Van Overstraeten had announced it in our columns: lack of viability financial, “we will have to temporarily close other outlets and send more staff home.” Today the bakery brand is taking action and temporarily closed half of its sites.
“We were saying it already: in three months, this situation will no longer be possible for the hospitality sector.”
There are two bakeries in Brussels, three in Antwerp as well as the establishments in Liège, Waterloo and Wavre. They will reopen at the same time as the restaurants, when customers can consume both outside and inside.
Lack of support
The CEO denounced the day after the last codeco the outlook too vague for the sector: “Three months ago, we were already saying it: in three months, this situation will no longer be possible for the hotel and catering sector.”
Le Pain Quotidien nevertheless underlines that the entry of M80 fund as a new investor and main shareholder “offers the group financial leeway that allows it to renew the brand“.