Business & Finance
Kura Sushi to Accelerate US Growth to Fend Off Rivals’ Expansion
Key Points
Consumer Kura Sushi to Accelerate US Growth to Fend Off Rivals’ Expansion Conveyor-belt sushi operator Kura Sushi Inc. has an ambitious target to grow its store count by 20% a year in the US, betting that it can build market share before a wave of competitors rolls in. “Growth in Asia has reached a ceiling unless you can expand into China,” US operations Chief Executive Officer Hajime Uba said in an interview. “That’s why many Japanese restaurants are looking to North America.”
Consumer
Kura Sushi to Accelerate US Growth to Fend Off Rivals’ Expansion
Conveyor-belt sushi operator Kura Sushi Inc. has an ambitious target to grow its store count by 20% a year in the US, betting that it can build market share before a wave of competitors rolls in.
“Growth in Asia has reached a ceiling unless you can expand into China,” US operations Chief Executive Officer Hajime Uba said in an interview. “That’s why many Japanese restaurants are looking to North America.”