Financing

How restaurant operators are coping with the coronavirus shutdown

Applebee’s and Panera Bread franchisee Ed Doherty joins this week’s RB podcast A Deeper Dive to discuss the impact of the shutdown on his business.

Can the restaurant industry survive the coronavirus shutdown?

This week’s edition of the Restaurant Business podcast A Deeper Dive features Ed Doherty, the chairman and CEO of Doherty Enterprises, who speaks about the impact the coronavirus shutdown has had on his business.

Doherty Enterprises is one of the largest franchisee companies in the U.S., with 146 Applebee’s, Panera Bread, Chevy’s and Quaker Steak & Lube locations.

Last week, Doherty had to furlough his nearly 8,000 employees after sales plunged 85% when dine-in sales were forbidden. He talks about doing that with a staff filled with employees who’ve been with the company for decades. And he talks about other steps he took to keep going, and what it will take to remain in business.

He also gives his thoughts on what the government should do to keep the restaurant industry from feeling the devastating effects of the shutdown.

Please have a listen.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Technology

4 things we learned in a wild week for restaurant tech

Tech Check: If you blinked, you may have missed three funding rounds, two acquisitions, a “never-before-seen” new product and a bold executive poaching. Let’s get caught up.

Financing

High restaurant menu prices mean high customer expectations

The Bottom Line: Diners are paying high prices to eat out at all kinds of restaurants these days. And they’re picking winners and losers.

Financing

Podcast transcript: Puttshack CEO Joe Vrankin

A Deeper Dive: The chief executive of the minigolf-centric restaurant chain discusses how the chain focuses on higher-quality games and food.

Trending

More from our partners