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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

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.

Financing

Subway works to keep its franchisees afloat

 By Jonathan Maze on Mar. 18, 2020

With sales falling amid the coronavirus shock, the sandwich giant is reducing royalties and suspending ad funds.

Financing

McDonald’s may consider rent deferrals for its franchisees

By Jonathan Maze on Mar. 17, 2020

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.

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.

Operations

Grubhub clarifies its restaurant aid program amid operator complaints

By Heather Lalley and Peter Romeo on Mar. 17, 2020

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.

Operations

Restaurants adapt menus to COVID-19

By Patricia Cobe on Mar. 17, 2020

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

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.

Operations

Trump administration wants Americans to rely on drive-thrus for more of their food

By Peter Romeo on Mar. 17, 2020

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.

Operations

States ease liquor laws to help restaurants

By Peter Romeo on Mar. 17, 2020

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.

Financing

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

By Jonathan Maze on Mar. 17, 2020

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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