Coronavirus

Industries all across the country are experiencing the disruptive impact of the COVID-19 Coronavirus. Discover how it could affect the U.S. foodservice, grocery and convenience industries.


Financing

Battered restaurant shares find some life as stocks soar

Investors poured money into the industry, whose valuations had taken a beating in recent weeks, says RB’s The Bottom Line.

Operations

Front Burner battles coronavirus in more than economic ways

Meal kits are keeping the multiconcept operator in business. Boxed meals are helping its soul.

The California chain has hired temporary workers to help with cleaning and stocking, and it has given existing employees a retroactive raise.

It’s “slim pickings” as sales surge across all proteins and offerings; department sales were up a whopping 76.9% for the week ending March 15, 2020.

Coronavirus concerns led to the cancellation of the annual event.

Traffic flat, in-store sales growing, fuel expected to crash

Off-premise business is generating 10% to 20% of normal weekly sales, the company says. It has provided two weeks of emergency pay to the dislocated employees.

The annual event set for May 16-19 in Chicago has been canceled due to coronavirus concerns.

The owner of KFC, Taco Bell and Pizza Hut says it is taking steps to shore up franchisees’ finances and has accessed its credit line.

Hard-hit companies such as Hilton, BJ's Restaurants and Regal Cinemas are referring their furloughed workers to Albertsons jobs.

The retailers temporarily close stores for deep cleans and restocking after team members test positive for COVID-19.

‘No dramatic change’ as people continue to smoke in stressful times, analyst says

Kitchens are adding takeout and delivery dinners that feed larger groups.

Operators report frustration as their claims are denied during the coronavirus crisis.

Foodservice distributors such as Sysco and US Foods are turning to supplying grocery stores, and app-based delivery service Waitr has shifted to grocery delivery.

Operators are inviting consumers to shop their inventory for food and supplies.

Coconut water company sees incremental profits amid coronavirus outbreak

Chicago’s One Off Hospitality teamed up with Maker’s Mark and the LEE Initiative to fund a program for industry employees.

The cafeteria has been closed to the public due to COVID-19.

Crashing oil prices mean short-term pain for the market, but regulations ensure long-term gain: Bloomberg

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