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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

Its stock price suddenly cheap, Dave & Buster’s adopts a poison pill

The food and games chain put a cap on the percentage of shares investors can own following a steep drop in its share price.

Financing

Here comes another recession

The two-month coronavirus shutdown will be bad enough, but so will the inevitable recession that follows, says RB’s The Bottom Line.

Operations

Distributors ask for help to keep trucking

By Peter Romeo on Mar. 18, 2020

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

Operations

Restaurant chains start promoting delivery service

By Jonathan Maze on Mar. 18, 2020

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

Operations

Absent other aid, independent restaurants crowdsource to make payroll, stay afloat

By Heather Lalley on Mar. 18, 2020

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

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

With plummeting sales, franchisees face a brutal future

By Jonathan Maze on Mar. 18, 2020

The coronavirus shock is putting considerable pressure on franchisees large and small, and franchisors are already taking steps to ease the problem.

Operations

Epidemic will cost restaurants $225B short-term, National Restaurant Association says

By Peter Romeo on Mar. 18, 2020

In a letter requesting $145 billion in direct aid to eating and drinking places, the Association said 5-7 million industry jobs could be lost.

Financing

The coronavirus takes out eatertainment chains

By Jonathan Maze on Mar. 18, 2020

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

Workforce

Widespread layoffs hit the lodging business

By Peter Romeo on Mar. 18, 2020

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.

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