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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

After $800B in loans, PPP comes to an end

The loan program stopped accepting applications on Monday, but is still processing requests in hand. It provided a lifeline to more than 450,000 restaurants and hotels.

Financing

Family dining looks for transformation after 2020’s struggles

The sector’s biggest players indulged in considerable reinvention attempts as they felt the loss of breakfast and particular challenges at off-premise.

Financing

Missed your chance at a Restaurant Revitalization Fund grant? Don’t be so sure

By Peter Romeo on May 27, 2021

Restaurateurs whose applications won't be considered before the $29 billion fund runs out would have a shot at quickly collecting if Congress replenishes the pool.

Financing

Congress eyes $20B for hotel hiring, but a union says, 'No thanks'

By Peter Romeo on May 25, 2021

A Unite Here local says the money will further enrich owners and operators without necessarily trickling down to workers. It's pressing for direct aid to unemployed members.

Operations

Which states are next to fully reopen restaurant dining rooms?

By Peter Romeo on May 21, 2021

The list is short because the number of jurisdictions already permitting full use of restaurant dining rooms has grown to more than 3 out of 5 states.

Financing

Restaurant apocalypse? Not quite, but 90,000 closures are still awful

By Jonathan Maze on May 19, 2021

While that was not as many feared, it was more than some projected after dining room closures led to widespread industry shutdowns last year, says RB’s The Bottom Line.

Financing

SBA to stop accepting applications for direct restaurant aid on Monday

By Peter Romeo on May 19, 2021

Demand for the grants from the Restaurant Revitalization Fund is far surpassing its allocation, but some set-aside pools still have funds, the agency said.

Workforce

Employees’ take on staffing woes: Restaurants have themselves to blame

By Peter Romeo on May 15, 2021

A union-affiliated survey of industry employees found that 53% intend to leave their restaurant jobs, most likely because of wages.

Leadership

Why the restaurant industry needs its own vaccine passport

By Peter Romeo on May 14, 2021

The CDC has cleared the way for a quicker return to normal for the business. What's missing is a way of verifying which customers are vaccinated. Why shouldn't restaurants remedy that lack themselves?

Financing

Gov. Newsom calls for more state aid to California small businesses like restaurants

By Peter Romeo on May 14, 2021

He wants to raise the kitty for direct grants to $4 billion, saying that would be the highest in the nation.

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