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

How many independents will close this year?

Estimates vary, but one thing is certain: There will be a lot fewer restaurants by the end of the year, says RB’s The Bottom Line.

Financing

Only 130 Black-owned restaurants received larger PPP loans

Low numbers of federal stimulus loans to Black-owned restaurants reflect bad data collection and historically weak lending to people of color.

As restaurants work to reopen safely, minimizing exposure and communicating clearly are key to protecting diners and employees. Here are a few strategies.

Recent boom in road trips and RV-rentals drives growth

A third of Top 500 concepts, though mostly smaller chains, received federal stimulus loans, as did many of their franchisees.

With no timeline on when circulation patterns will return to normal, Southeastern Grocers and Kroger are encouraging customers to round up their bills, while Meijer has converted its self-checkout lanes to debit/credit only.

COVID-19 forced the owners of Ampia to totally reconcept their idea, even changing its name.

‘Everyday low-price positioning,’ ‘favorable geographies’ help deliver strong performance despite pandemic

Meanwhile, more eateries were shutting down permanently, the business review site found.

Restaurants are quickly realizing that the codes offer an easy touchless ordering option amid the coronavirus.

The retailer said it would hand out 3 million masks to customers, but is following local guidance when it comes to whether it will require shoppers to wear them.

Operators who became grocers during the pandemic are now selling goods online.

CEO cites strong performance despite steep fuel volume decline

Operators share how they’re dealing with availability, sustainability and other issues as packaging demand grows.

The third round of bonus pay for full- and part-time employees will add up to about $428 million.

In a bright spot in the pandemic, adult children bring their talents to the home office

Sales and profits plunged last quarter and many restaurants remain closed, but cost cuts led to improved margins at open locations.

As the list grows, WGB break downs which grocers are requiring masks chainwide, as well as effective dates and exemptions.

These employees had been furloughed since March due to the COVID-19 pandemic.

Operators are dealing with increased costs, supply issues and sticking to sustainability goals.

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