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Workforce

Cheesecake Factory furloughs 41,000, cuts executive pay 20%

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

Operations

Dog Haus adds new delivery-only concepts

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

Financing

A lot of restaurants are already permanently closed

By Jonathan Maze on Mar. 27, 2020

The National Restaurant Association says 3% of restaurants are closed for good, and 11% could join them within a month, says RB’s The Bottom Line.

Financing

At Duck Donuts, coronavirus forces a shift in thinking

By Jonathan Maze on Mar. 27, 2020

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

Workforce

Fund formed to provide $500 in aid to restaurant workers in need

By Peter Romeo on Mar. 27, 2020

The relief program has been formed by the National Restaurant Association’s Educational Foundation in collaboration with leading industry suppliers.

Workforce

67,650 restaurant and bar jobs eliminated in NYC, survey finds

By Peter Romeo on Mar. 26, 2020

Local operators are asking the city and state to end rent collections and provide other forms of assistance.

Operations

Chef Thomas Keller files suit against his insurer in business interruption dispute

By Heather Lalley on Mar. 26, 2020

Keller, the famed French Laundry proprietor, is seeking to recoup business lost due to the coronavirus shutdown.

Workforce

Chipotle pays employees an extra 10% during COVID-19 crisis

By Heather Lalley on Mar. 26, 2020

The fast casual said it’s a way of expressing appreciation for its workers.

Financing

Wendy’s breakfast was a success, and then coronavirus hit

By Jonathan Maze on Mar. 26, 2020

The chain’s sales were up 15% in the week after its breakfast launch before the pandemic changed everything.

Operations

Cheesecake Factory halts rent payments

By Peter Romeo on Mar. 26, 2020

Landlords have been alerted by letter that restaurants will stop payments beginning with their April obligations.

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