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

The coronavirus takes out eatertainment chains

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

Workforce

Widespread layoffs hit the lodging business

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.

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.

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.

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

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

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

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

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

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

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