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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.

Financing

Restaurant stocks get crushed again as coronavirus fears persist

 By Jonathan Maze on Mar. 12, 2020

Investors continued to flee from the industry amid recession concerns and stock market volatility.

Operations

Timeline: The impact of coronavirus on restaurants

 By Restaurant Business Staff on Mar. 12, 2020

As the outbreak continues to spread, restaurants have been forced to change operations, cancel gatherings and even close. Here's how things have unfolded.

Financing

As coronavirus spreads, restaurants try reassuring diners

By Jonathan Maze on Mar. 12, 2020

McDonald’s and Starbucks are among the chains that addressed customers about steps they’re taking to prevent the disease’s spread.

Financing

Restaurant stocks plunge amid growing fears of coronavirus sales problems

By Jonathan Maze on Mar. 11, 2020

Black Box Intelligence said it expects weak sales this year amid steep declines in areas hit by COVID-19 and mounting risks of an economic slowdown.

Operations

Coronavirus forces restaurants to make swift operational changes

By Heather Lalley on Mar. 10, 2020

From adding paid sick leave to closing units, restaurants must make quick decisions in the age of a fast-spreading virus.

Operations

Caterers, restaurants struggle as major events are canceled over coronavirus

By Heather Lalley on Mar. 09, 2020

It’s an uncertain time in the restaurant industry as operators contend with cancellations and reduced bookings amid fears of COVID-19.

Financing

Restaurant stock prices get hammered in another market rout

By Jonathan Maze on Mar. 09, 2020

Stocks plunged amid an oil price war and coronavirus fears, continuing a two-week run of high volatility.

Financing

McDonald’s cancels its worldwide convention over coronavirus

By Jonathan Maze on Mar. 06, 2020

The company reminded operators to increase the frequency of sanitizing surfaces and has created a team to develop contingency plans for its U.S. locations.

Financing

As stock prices tumble, restaurant CEOs start buying

By Jonathan Maze on Mar. 06, 2020

CEOs of Papa John’s and Brinker International are among those who have bought stock since Wall Street’s coronavirus-related selloff began in February, says RB’s The Bottom Line.

Financing

Even with no symptoms, Chuy’s is grilled on coronavirus

By Peter Romeo on Mar. 06, 2020

The casual chain posted a 2.9% comp gain and a 5.4% rise in revenues, but investors wanted to learn more about pandemic what-ifs.

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