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

Not even Domino’s can escape the coronavirus impact

The pizza chain said the shutdown has impacted its sales in ways that it cannot yet “fully quantify” and says 1,400 global locations are temporarily closed.

Operations

Restaurant damage to date: $25B in sales, 3 million jobs

New research shows the impact has been particularly severe for operators in New York—a possible preview of what’s to come in other areas.

Yum Brands, Wendy’s and Huddle House are among franchisors letting franchisees delay capital projects.

The COVID-19 crisis is as much a test of character as it is of financial resilience. And some parties are clearly failing.

Staffs have been furloughed, salaries have been cut, and cash has been pooled.

Restaurant Brands International is also providing rent relief and is easing requirements for remodels to keep operators afloat.

To stay afloat, operators push curbside and delivery and get creative with at-home decorating kits.

The 20-unit multiconcept group is turning its restaurants into pop-up markets where it can sell its supplies at a deep discount to consumers and employees.

It’s a way of maximizing search terms as consumers turn to third-party delivery amid the COVID-19 crisis.

The company said it is negotiating with landlords for a break on rent for the duration of the COVID-19 crisis.

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