coronavirus

Industries all across the country are experiencing the disruptive impact of the COVID-19. Discover how it could affect the U.S. foodservice, grocery and convenience industries.

Financing

A ‘meteor’ obliterates restaurant stocks as in-store dining stops

Valuations for many chains suggest potentially serious problems, and that could bode ill for the entire industry, says RB’s The Bottom Line.

Operations

Grubhub clarifies its restaurant aid program amid operator complaints

With some operators calling it a “bait and switch,” the third-party delivery provider is offering up new details on its repayment guidelines for restaurants.

After holding conversations with quick-service CEOs, the White House also disclosed that it plans to send cash to consumers to stoke spending. A small-business relief package is also in the works.

Treasury Secretary Steve Mnuchin says measures will allow closed restaurants to continue paying their employees. Loans and direct payments to consumers would be part of a $1 trillion relief package.

As the chain closes dining areas amid the spread of coronavirus, it is working to ensure its operators have the cash to get through a sales slump.

The pandemic is forcing operators to come up with creative solutions to feed their customers.

Illinois and New York have OK'd sales for off-premise, and New York and Ohio have permitted returns of unused St. Patrick’s stockpiles.

As many states forbid dine-in service in the wake of the coronavirus, restaurant operators around the country are looking for help and answers.

The indefinite closures add to a growing list of states that have banned on-premise operations in the wake of the fast-spreading coronavirus.

A number of states and cities Monday ordered restaurants and bars to close on-premise operations as leaders seek to stop the spread of the coronavirus.

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