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Restaurants are already seeing traffic declines over coronavirus

 By Jonathan Maze on Mar. 17, 2020

Growing restrictions and fear are keeping people at home as more than two-thirds of operators tell Black Box their traffic is down.

Operations

White House says relief for restaurants is in the works

 By Peter Romeo on Mar. 17, 2020

Treasury Secretary Steve Mnuchin says measures will allow closed restaurants to continue paying their employees. Loans and direct payments to consumers would be part of a $1 trillion relief package.

Financing

Be scrappy: How restaurants can survive as their sales plunge

By Jonathan Maze on Mar. 17, 2020

Operators need to cut costs, focus on takeout and delivery and think outside the box as they face a long period with little sales.

Operations

States ease liquor laws to help restaurants

By Peter Romeo on Mar. 17, 2020

Illinois and New York have OK'd sales for off-premise, and New York and Ohio have permitted returns of unused St. Patrick’s stockpiles.

Operations

White House eyes nationwide curfew: Report

By Peter Romeo on Mar. 16, 2020

A requirement that citizens be home by a certain hour could be an alternative to forcing restaurants to close or discontinue dine-in service.

Financing

Chick-fil-A to suspend dine-in service

By Jonathan Maze on Mar. 16, 2020

The company said it is temporarily closing dining room seating over coronavirus fears, joining Starbucks in going takeout-only.

Operations

Trump asks all Americans to forgo restaurant dining

By Peter Romeo on Mar. 16, 2020

The president and health officials also called on citizens to avoid gatherings of more than 10 people, at home as well as outside.

Financing

Restaurant stocks crash again as fears over dine-in closures mount

By Jonathan Maze on Mar. 16, 2020

Denny’s was the first U.S. chain to acknowledge that the coronavirus would impact its quarterly results.

Financing

McDonald’s to close seating areas at company restaurants

By Jonathan Maze on Mar. 16, 2020

The company expects most of its operators to take the same stance amid growing demands to eliminate dine-in visits to stem the spread of the coronavirus.

Financing

More states and cities tell restaurants to end dine-in service

By Jonathan Maze, Heather Lalley and Peter Romeo on Mar. 15, 2020

Maryland, New York, New Jersey, Connecticut and Kentucky have all restricted establishments to takeout and delivery as coronavirus disruptions spread.

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