facebook pixal

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

Casual dining silences its doubters with head-turning July results

The recent flurry of earnings reports shows a sector enjoying a clear boom. The question is, will it last?

Financing

The delta variant could delay central business districts’ recovery

As the coronavirus surges once again, workers could avoid going back to the office, delaying an already uncertain future for urban restaurants, says RB’s The Bottom Line.

Starbucks will have employees wear masks in company-owned stores as retailers take more aggressive action on masks.

While requiring other businesses to mandate proof, Gov. Andrew Cuomo urged restaurants and bars to act now voluntarily, before vaccination passports could be required.

Louisiana and much of northern California, including San Francisco and Berkeley, are now mandating that customers wear face coverings again.

Effective Aug. 3, Target will require masks for team members in areas of substantial or high COVID-19 transmission as defined by the CDC.

"We know vaccinations are our solution to drive change," the Bentonville, Ark.-based retailer—the country's largest private employer—stated in a memo to staff.

The casual chain reserved $1.8 million from its second-quarter earnings to cover the cost of throwing away unsold suds.

Qualifying restaurants will be granted a $5,000 tax credit, payable ahead of their tax filing, for every net new position they add.

Restaurants and other small businesses would be reimbursed for paying workers who need time off to have their families vaccinated.

The streamlined web portal, which goes live on Aug. 4, is limited to borrowers of $150,000 or less.

Center recommends fully vaccinated people wear masks in public indoor settings

Its recommendation applies to the vaccinated as well as those who've opted not to be inoculated.

Mayor de Blasio says proof of vaccination or a negative COVID test should be “seriously considered” as a requirement for dining onsite. In the meantime, he’s urging restaurants to adopt a mandate voluntarily.

RB editors give their views on the latest surge of coronavirus infections and its potential to limit the restaurant industry’s recovery.

With COVID infections rising again because of the Delta variant, some areas are already asking eateries to voluntarily require face coverings.

With COVID infections rising again because of the Delta variant, some areas are already asking restaurants to voluntary require face coverings. Health officials say a return to mandates is likely.

The federal government distributed $15 billion in aid last month under a new family aid program. The question is, how much might flow to restaurants.

The move marks one of the first instances of safety measures being re-imposed because of the fast-spreading Delta variant of coronavirus.

NCR predicts what will affect the industry in the months ahead

  • Page 4