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Jonathan Maze

Executive Editor

Articles by
Jonathan Maze

Page 5
Financing

Restaurants are already seeing traffic declines over coronavirus

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

Financing

Be scrappy: How restaurants can survive as their sales plunge

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

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

McDonald’s to close seating areas at company restaurants

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.

Financing

Restaurant stocks crash again as fears over dine-in closures mount

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

Financing

Chick-fil-A to suspend dine-in service

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

Financing

More states and cities tell restaurants to end dine-in service

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

Financing

Calif. governor calls for the closure of bars and wineries

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

Financing

Starbucks to eliminate seating and close some stores

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.

Financing

OpenTable data shows just how bad traffic is falling

Reservations plunged and sales fell as fear of the coronavirus kept people home and away from restaurants.

Financing

Taco Bell’s owner will pay workers during coronavirus closures

Yum Brands, which also owns KFC and Pizza Hut, said it is “encouraging” its franchisees to take a similar step.

Financing

Restaurants should brace for a grim spring

As local governments take steps to limit the coronavirus and sports teams cancel games, the industry faces a dramatic downturn, says RB’s The Bottom Line.

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