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

Ruby Tuesday’s owner wants any restaurant to be a ghost kitchen

By Jonathan Maze on Apr. 09, 2020

NRD Capital has created Franklin Junction, a company that creates “host kitchens” in restaurants that have excess capacity and need sales.

Financing

Another 6.6 million people filed for unemployment

By Jonathan Maze on Apr. 09, 2020

Nearly 17 million Americans have been left jobless in just the past three weeks, with many of them undoubtedly restaurant workers, says RB’s The Bottom Line.

Workforce

CDC updates best practices for protecting restaurant staffs

By Peter Romeo on Apr. 09, 2020

For the first time, the federal agency said it's OK to hire essential workers who may have been exposed to the coronavirus. Just take their temperature and have them wear face masks.

Financing

NCR Announces Partnership with NYMBUS to Facilitate Loans for Small Businesses

Sponsored content from our partner NCR on Apr. 09, 2020

NCR Corporation (NYSE: NCR), a global enterprise technology provider for the banking, retail and hospitality industries, today announced an agreement with NYMBUS to assist small businesses impacted by COVID-19 with accessing Small Business Administration (SBA) Paycheck Protection loans.

Financing

Black Box: Same-store sales fell 28% in March

By Jonathan Maze on Apr. 09, 2020

The industry had its worst month on record, and even that doesn’t fully account for how bad it was.

Financing

At McDonald’s, the coronavirus interrupted a strong start

By Jonathan Maze on Apr. 08, 2020

U.S. same-store sales were up 8.1% in January and February before falling 13% in March, prompting delays in capital spending, cuts in executive pay and increased franchisee assistance.

Financing