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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.

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

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

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

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

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

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.

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

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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