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Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 137
Workforce

Marriott warns of ‘significant’ further cutbacks

The 115,000 employees currently furloughed will remain out of work until the fall, according to the innkeeper. It’s now offering U.S. employees an exit deal.

Operations

NYC gives restaurants breaks on rents while capping delivery fees

Personal liability was waived for lease defaults, and sidewalk fees were suspended.

Operations

Chinese restaurants shift from most-closed to fastest reopeners

A surge in restarts has 74% of the segment back in business.

Financing

Off-premise proves an effective bridge for casual dining

Takeout and delivery have helped many of the segment's big brands weather the lockdown of dining rooms. Will that momentum continue?

Financing

Court OKs $93M credit bid for CraftWorks’ assets

The remains of Logan’s, Old Chicago and the holding company’s other brands will be acquired by CraftWorks’ senior lender.

Financing

Congress set to look at PPP changes on restaurants' wish list

Officials of both political parties have indicated the eight-week spending deadline will likely be extended. The requirement that 75% of the money go to payroll appears iffier.

Workforce

COVID-19 gives rise to new restaurant jobs

Chains are establishing new roles and responsibilities as dining rooms reopen.

Financing

McMenamins looks for $20M equity infusion

Proceeds from the private stock sale will be used to offset COVID-19-related debt and fund the addition of more history-laced pubs and attractions.

Operations

As restaurant workers sue over COVID-19 protections, pressure builds for shielding employers

Operators and Republican leaders are pushing for protections against liability suits.

Leadership

Restaurateurs get Trump's ear on fixing PPP

But at a meeting with industry representatives yesterday, the president kept pushing business-meal deductibility as a better route to prosperity.

Operations

Washington gives restaurant guests a veto on being tracked

Gov. Jay Inslee is sticking with the requirement that restaurants record who has eaten in their restaurants and when, but has alerted consumers that they can withhold their specifics.

Leadership

National Restaurant Association names its new CEO

Former Sysco CEO Tom Bene will assume the job on June 1.

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