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Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 4
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.

Operations

Ohio and Ill. order restaurant closures to stem the spread of coronavirus

Ohio’s indefinite ban starts at 9 p.m. tonight. Illinois will permit takeout service.

Restaurants that sell only food and nonalcoholic beverages appear to be exempted, along with supermarkets and sources of health supplies.

The government's leading expert on COVID-19 recommended a two-week lockdown as states and cities followed suit.

Industry leaders are pushing for relief measures such as cash infusions, breaks on delivery charges and suspension of sales taxes.

The service said it will forgo up to $100 million in fees.

Places with more than 500 seats will be required to lower their seating to 250. Any place that fails to comply will be closed by the state.

With festivities cancelled and customers leery of gatherings, St. Patrick’s Day is likely to be a bust, according to newly released research.

The deal coincides with the completion of the franchisee’s $130 million acquisition of Diversified Restaurant Holdings.

The president aired a number of extraordinary economic measures last night in response to the coronavirus pandemic. Here are the ones of particular importance to restaurants.

The plan was revealed after BBQ Holdings, also the parent of Famous Dave’s, completed its $7.5 million acquisition of the brand.

The shift ends the chain’s reliance on vaguer order sizes where wing counts could vary widely.

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