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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.

Operations

Epidemic will cost restaurants $225B short-term, National Restaurant Association says

 By Peter Romeo on Mar. 18, 2020

In a letter requesting $145 billion in direct aid to eating and drinking places, the Association said 5-7 million industry jobs could be lost.

Financing

The coronavirus takes out eatertainment chains

 By Jonathan Maze on Mar. 18, 2020

Chuck E. Cheese and Dave & Buster’s face weeks without game-playing customers, which could be devastating.

Workforce

Widespread layoffs hit the lodging business

By Peter Romeo on Mar. 18, 2020

Marriott expects to furlough tens of thousands of property-level employees, and the tally of industrywide job eliminations could top 4 million near term, said the American Hotel & Lodging Association.

Financing

How the coronavirus shock is hurting restaurants

By Jonathan Maze on Mar. 18, 2020

On this week’s episode of "A Deeper Dive," RB editors discuss how the virus and steps to prevent its spread are impacting the industry.

Operations

Relief bill extends paid sick leave to a large portion of restaurant employees

By Peter Romeo on Mar. 18, 2020

The aid for employees sickened with COVID-19 will be required of all businesses with fewer than 500 employees. Enterprises with 50 or fewer workers on the payroll can ask for a waiver.

Operations

Distributors ask for help to keep trucking

By Peter Romeo on Mar. 18, 2020

The industry's food haulers say they lack the cash flow and capital to keep supplying restaurants and noncommercial customers.

Operations

Restaurant chains start promoting delivery service

By Jonathan Maze on Mar. 18, 2020

Denny’s, KFC and Chipotle are among the chains offering delivery deals as they work to offset dine-in sales declines.

Operations

Absent other aid, independent restaurants crowdsource to make payroll, stay afloat

By Heather Lalley on Mar. 18, 2020

Dining room closures and falling traffic have created a desperate situation for small restaurants.

Financing

Be scrappy: How restaurants can survive as their sales plunge

By Jonathan Maze on Mar. 17, 2020

Operators need to cut costs, focus on takeout and delivery and think outside the box as they face a long period with little sales.

Financing

Restaurants are already seeing traffic declines over coronavirus

By Jonathan Maze on Mar. 17, 2020

Growing restrictions and fear are keeping people at home as more than two-thirds of operators tell Black Box their traffic is down.

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