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coronavirus

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

Financing

Red Robin sees 20-point sales drop from dining-room reclosings

A doubling of off-premise business failed to offset the loss of on-site business, the franchisor said.

Financing

Paycheck Protection Program to restart Monday

Lending to restaurants that previously received a PPP loan will begin on Wednesday.

Indoor dining has been capped at 25% of capacity, and reservations systems and records are required.

The measure is part of an economic development package that also includes $20 million for struggling restaurants.

Employees in Michigan may have to wait until May, while New York City staff members could get a first shot during the first quarter

Under the current schedule, the process would begin the day after a local restaurant festival

Big-name players are realigning top management to provide more flexibility and give additional attention to new revenue streams.

Delivery platform Chowbus tracked Asian food trends through consumers’ purchases.

Chipotle and Cousins have already said “no,” but many chains are still deliberating.

The company eliminated $35 million in debt after filing for Chapter 11 in October.

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