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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.

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.

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.

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.

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.

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.

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

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?

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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