Retailers, restaurants dropping Beyond

With sales outlets trending down, is raising prices a smart move for Beyond?

Market analysts are sounding the alarm about El Segundo, Calif.-based alt-meat maker Beyond Meat, finding that the company’s retail and foodservice footprints are shrinking.

During the first quarter of 2023, Beyond’s products (excepting the discontinued jerky product) were available at 146,000 retail and foodservice distribution points globally. That number dropped 11% to 130,000 during the same period in…