government

Week One of the $29B Restaurant Revitalization Fund: $2B awarded

By Peter Romeo on May 11, 2021

Initial grants averaged $125,000, draining the fund by about 7%. Industry officials have voiced fears that the pool will run dry in a matter of weeks.

Financing

The Restaurant Revitalization Fund has already received a lot of applications

By Peter Romeo on May 05, 2021

The $29 billion fund already has 186,200 applicants in just two days. About half the requests have come from operators believed to be most in need, the White House says.

Marketing

Connecticut restaurants will give free drinks to vaccinated customers

By Peter Romeo on May 03, 2021

Diners who buy food at participating locations can also get a free beverage between May 19 and June 1 if they show proof of inoculation.

Operations

New York to drop most restaurant restrictions on May 19

By Peter Romeo on May 03, 2021

The move coincides with an end of restrictions in New Jersey and Connecticut. A nightly curfew will continue until May 31.

Financing

The $29B Restaurant Revitalization Fund could run out of money in 'weeks'

By Peter Romeo on May 03, 2021

National Restaurant Association officials say the pool could run dry before many companies can get aid. And not every type of restaurant will even be considered for another 21 days.

Premium

Workforce