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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.

Operations

Pandemic puts tensions between restaurants and third-party delivery in crosshairs

 By Heather Lalley on Apr. 06, 2020

At a time when restaurants need delivery most, their relationship with delivery providers is becoming increasingly fraught.

Financing

TGI Fridays’ $380M deal is called off

 By Peter Romeo and Jonathan Maze on Apr. 06, 2020

Allegro Merger Corp., citing “extraordinary” conditions, opted not to merge with the bar and grill chain.

Financing

Independent restaurant group asks Congress for more help to save restaurants

By Patricia Cobe on Apr. 06, 2020

The Independent Restaurant Coalition is asking for more assistance, saying the CARES Act doesn't go far enough to keep operators afloat.

Financing

Papa Murphy’s owner MTY Group cuts staff as restaurants close

By Jonathan Maze on Apr. 06, 2020

The Canadian-based brand collector, which operates Cold Stone Creamery and Pinkberry, among many others, has temporarily closed 2,100 locations.

Financing

Restaurant employment plunges as coronavirus shutdown takes hold

By Jonathan Maze on Apr. 03, 2020

New federal data shows more than half of job losses last month, though it doesn’t reflect late-month layoffs.

Operations

Cheesecake says off-premise sales could hit $3M per unit

By Peter Romeo on Apr. 03, 2020

Takeout and delivery business recently jumped 85%, but comps for March fell 46%.

Operations

Dave & Buster’s weighs its options at a life-or-death moment for the company

By Heather Lalley on Apr. 03, 2020

The eatertainment chain, which has shuttered all stores due to COVID-19, has about 15 weeks’ worth of cash available.

Financing

Asset-light business models face an awful future

By Jonathan Maze on Apr. 03, 2020

Restaurants spent too many years loading up on debt and dumping assets, and now those decisions are coming home to roost, says RB’s The Bottom Line.

Workforce

Faces of the restaurant industry unemployment crisis

By Heather Lalley, Jonathan Maze and Peter Romeo on Apr. 03, 2020

Massive and mounting unemployment figures do not tell the full toll of the coronavirus crisis on the restaurant industry.

Operations

From the editor: Facing the future together

By Jonathan Maze on Apr. 03, 2020

As the industry confronts its greatest challenge, we promise to be here for restaurants, their operators and their employees.

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