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.

Operations

Hundreds of IHOP, Applebee’s units have closed, parent Dine Brands Global indicates

The company said it is furloughing corporate employees but did not reveal how many.

Financing

Curbside service gets new life

More chains and independents are bringing orders to the curb. The service could stick around.

Delivery has surged since the shutdown, but price concerns, regulatory moves and operators’ own adjustments suggest it will look a lot different once life returns to normal.

Independent operators surveyed by the James Beard Foundation said they’d laid off 91% of their hourly workers, and just 1 in 5 expects to remain open for the duration of the government-mandated dine-in shutdown.

The fast casual has $112 million in cash and is currently burning through about $1.5 million per week.

Operators say the process was an ordeal, and the terms may yield less assistance than was intended.

The White House’s plan for restarting the economy calls for reactivating dine-in service in three phases, with safety checks before each.

As the ban on dining in continues, restaurants continue to come up with creative ways to generate business.

The coffee giant plans to open with modified operations and safety measures as it shifts to a new phase in its coronavirus response.

Several operators have confirmed a sales increase coinciding with the arrival of federal help, says RB’s The Bottom Line.

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