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coronavirus

Industries all across the country are experiencing the disruptive impact of the COVID-19. Discover how it could affect the U.S. foodservice, grocery and convenience industries.

Operations

Is Seattle’s restaurant emergency a sign of things to come for the industry?

 By Heather Lalley on Mar. 12, 2020

Restaurants in the biggest city in the first state hit by coronavirus are struggling to survive amid the quarantines. Here’s what some are doing to stay afloat.

Operations

N.Y. orders restaurants to halve their capacities as a hedge against coronavirus

 By Peter Romeo on Mar. 12, 2020

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.

Financing

Restaurant stocks plunge amid growing fears of coronavirus sales problems

By Jonathan Maze on Mar. 11, 2020

Black Box Intelligence said it expects weak sales this year amid steep declines in areas hit by COVID-19 and mounting risks of an economic slowdown.

Operations

Coronavirus forces restaurants to make swift operational changes

By Heather Lalley on Mar. 10, 2020

From adding paid sick leave to closing units, restaurants must make quick decisions in the age of a fast-spreading virus.

Financing

Restaurant stock prices get hammered in another market rout

By Jonathan Maze on Mar. 09, 2020

Stocks plunged amid an oil price war and coronavirus fears, continuing a two-week run of high volatility.

Operations

Caterers, restaurants struggle as major events are canceled over coronavirus

By Heather Lalley on Mar. 09, 2020

It’s an uncertain time in the restaurant industry as operators contend with cancellations and reduced bookings amid fears of COVID-19.

Financing

As stock prices tumble, restaurant CEOs start buying

By Jonathan Maze on Mar. 06, 2020

CEOs of Papa John’s and Brinker International are among those who have bought stock since Wall Street’s coronavirus-related selloff began in February, says RB’s The Bottom Line.

Financing

Even with no symptoms, Chuy’s is grilled on coronavirus

By Peter Romeo on Mar. 06, 2020

The casual chain posted a 2.9% comp gain and a 5.4% rise in revenues, but investors wanted to learn more about pandemic what-ifs.

Financing

McDonald’s cancels its worldwide convention over coronavirus

By Jonathan Maze on Mar. 06, 2020

The company reminded operators to increase the frequency of sanitizing surfaces and has created a team to develop contingency plans for its U.S. locations.

Topics

What restaurant employers can do to contend with coronavirus

By Peter Romeo on Mar. 05, 2020

According to a law firm specializing in employment issues, here are some guidelines to keep in mind.

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