Kura Sushi

Kura Sushi (Japanese: くら寿司, Hepburn: Kura zushi) is a Japanese sushi restaurant chain.[1][2] It has 451 locations in Japan, 22 in Taiwan, and 24 in the United States.[3] While it is a conveyor belt sushi chain, it relies on a high level of automation allowing the average location to function with fifteen to twenty staff members.[4]

Kura Sushi
NASDAQ: KRUS
Russell 2000 Index component

Response to COVID-19

During the coronavirus pandemic, the company received $6 million in forgivable loans intended for small businesses from the Paycheck Protection Program.[5] The funds were distributed as part of the government's $2.2 trillion CARES Act and intended to benefit workers at employers with fewer than 500 employees that are unable to obtain credit elsewhere.[5]

The loan was returned immediately.

See also

References
  1. Gahōsha, Jiji (2001). Pacific Friend. Jiji Gaho Sha, Incorporated. pp. 12–13. Retrieved December 27, 2017.
  2. "Kura plans more sushi restaurants in Taiwan". Nikkei Asian Review. December 1, 2016. Retrieved December 27, 2017.
  3. "ir_20_02_18month" (PDF). kura-corpo.co.jp (in Japanese). Retrieved 2020-02-24.
  4. Hiroko, Tabuchi (2010-12-30). "For Sushi Chain, Conveyor Belts Carry Profit". The New York Times. New York Times. Retrieved 2010-12-31.
  5. O'Connell, Jonathan (20 April 2020). "White House, GOP face heat after hotel and restaurant chains helped run small business program dry". The Washington Post. Retrieved 20 April 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.