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Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

McDonald’s may consider rent deferrals for its franchisees

As the chain closes dining areas amid the spread of coronavirus, it is working to ensure its operators have the cash to get through a sales slump.

Financing

A ‘meteor’ obliterates restaurant stocks as in-store dining stops

Valuations for many chains suggest potentially serious problems, and that could bode ill for the entire industry, says RB’s The Bottom Line.

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

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

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

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

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.

He also said restaurants should cut their occupancies in half, but stopped short of ordering outright closure.

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

The chain is going to a takeout-only model to reduce the spread of the coronavirus as chains focus increasingly on drive-thru and delivery.

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