Operations

By the numbers: New National Restaurant Association research explores COVID-19’s effect on business

A dizzying drop in sales and mounting layoffs are just two of the disturbing findings in this national survey.

The National Restaurant Association is sharing new research on how the coronavirus (COVID-19) health crisis is affecting the restaurant industry across America.

This national survey of more than 5,000 operators examines COVID-19’s impact on restaurants, including: 
•    $25 billion in lost sales over just three weeks.
•    Layoffs of more than 3 million employees.
•    An increasing number of restaurants reducing hours of operation or having to close their doors.

The Association’s research team conducted the survey during the last two weeks of March and looked at the time period from March 1 to March 22. Our latest infographic also emphasizes the results.

survey graphic

Learn more here.

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

Emerging Brands

A former REIT king's next chapter: saving independent restaurants

Nick Schorsch Sr.'s Heritage Restaurant Group in Newport, Rhode Island, is buying up historic restaurants. His goal is to raise the bar for the resort town's food scene.

Technology

Why food delivery's unbelievable growth will continue

Tech Check: For some consumers, delivery has become something they can't live without. Now delivery apps are working to make themselves even more indispensable.

Financing

The problem with Pizza Hut

The Bottom Line: This week’s edition of the weekly restaurant finance newsletter looks at the challenges at Pizza Hut and a huge reason why it fell behind longtime rival Domino’s.

Trending

More from our partners