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Financing

Starbucks is giving employees extra pay for the next month

 By Jonathan Maze on Mar. 22, 2020

Workers who continue to come to work at the chain’s open locations will get an extra $3 an hour in "service pay" through April 19.

Financing

Vapiano says coronavirus might push it into bankruptcy

 By Jonathan Maze on Mar. 22, 2020

The fast-casual chain says it is insolvent and has appealed to the German government for assistance.

Operations

DoorDash launches comprehensive campaign to promote restaurant delivery

By Peter Romeo on Mar. 21, 2020

The executions urge consumers to help the restaurant industry by ordering delivery, with ample reminders that the option is safe.

Financing

Parent of Logan's and Old Chicago 'mothballs' all 261 of its restaurants

By Peter Romeo on Mar. 21, 2020

CraftWorks says it intends to re-open the restaurants, but acknowledges that may not happen.

Financing

States OK deferment of sales taxes

By Peter Romeo on Mar. 20, 2020

With payments due today in most states, several have moved quickly—and under intense pressure—to delay the collections or waive penalties.

Financing

Needing cash, restaurant companies tap their banks

By Jonathan Maze on Mar. 20, 2020

Several companies have drawn down on revolving credit lines as they seek to build up cash to get through a rough period.

Marketing

Restaurants offering side of toilet paper with delivery, pickup orders

By Kristina Hurtig on Mar. 20, 2020

The promotions provide much needed comic relief amid the coronavirus outbreak.

Operations

Even fine dining is pivoting to takeout

By Heather Lalley on Mar. 20, 2020

With few other choices, high-end establishments get creative with meals to go.

Financing

Starbucks is closing access to its cafes

By Jonathan Maze on Mar. 20, 2020

The coffee chain is going to a drive-thru-only model for at least two weeks and will pay workers for the next 30 days whether they come to work or not.

Financing

Why the restaurant industry will never be the same

By Jonathan Maze on Mar. 20, 2020

Closed dining rooms will be the death knell for many restaurant companies, some of whom were on weak footing to begin with, says RB’s The Bottom Line.

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