News

Operations

Indies face a brutal choice: Whether to swiftly pivot or shut down

During the unprecedented coronavirus crisis, independent operators struggle to make life-or-death decisions for their businesses.

Workforce

Widespread layoffs hit the lodging business

Marriott expects to furlough tens of thousands of property-level employees, and the tally of industrywide job eliminations could top 4 million near term, said the American Hotel & Lodging Association.

On this week’s episode of "A Deeper Dive," RB editors discuss how the virus and steps to prevent its spread are impacting the industry.

With sales falling amid the coronavirus shock, the sandwich giant is reducing royalties and suspending ad funds.

The industry's food haulers say they lack the cash flow and capital to keep supplying restaurants and noncommercial customers.

Denny’s, KFC and Chipotle are among the chains offering delivery deals as they work to offset dine-in sales declines.

Chuck E. Cheese and Dave & Buster’s face weeks without game-playing customers, which could be devastating.

The coronavirus shock is putting considerable pressure on franchisees large and small, and franchisors are already taking steps to ease the problem.

In a letter requesting $145 billion in direct aid to eating and drinking places, the Association said 5-7 million industry jobs could be lost.

The aid for employees sickened with COVID-19 will be required of all businesses with fewer than 500 employees. Enterprises with 50 or fewer workers on the payroll can ask for a waiver.

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