Analysts have published surprisingly upbeat commentary on several restaurants during the past few weeks. Highly trained, well paid, and supported by sizable research teams, Wall Street’s analysts often appear on…
Workers in the restaurant industry have lost double the number of job losses than any other NAICS industry. From March through June, the industry has laid off 3,130,900 workers. Restaurants…
Restaurants are doing their best to assure their patrons remain safe while dining. Since yesterday, the U.S. has added 46,329 new cases of COVID-19 and 322 more people have died…
The popular hashtag #BlackoutTuesday from June 2 has returned in a new event, Blackout Day 2020, occurring right now. Instagram’s algorithmically selected cover post for the hashtag #BlackoutDay2020 states the…
For some of the nation’s largest restaurant chains, today was embarrassing at best. The U.S. Treasury released a redacted spreadsheet naming the largest beneficiaries of its $659 billion Paycheck Protection…
Most insurance companies have denied claims from restaurant owners resulting from the COVID-19 pandemic. Business owners counterclaim they are entitled to benefits in Business Interruption Insurance policies that protect against…
Restaurant owners who have survived four months of a pandemic have earned their seat at the negotiation table. Employing one in every 10 U.S. workers, restaurants have foregone $120 billion…
COVID-19 has ended more restaurant jobs than any other industry—nearly double the job losses of the next most affected industry. For example, 27% of total U.S. job losses in April…
It has been a busy day of news relevant to restaurant owners. In addition to Pennsylvania’s governor escalating mask-wearing to mandatory law across the state, there are several additional headlines…
“Trying to get consumer confidence back—that is the biggest problem we have,” begins Robert Irvine, television host of Restaurant: Impossible. Reporters interviewed Irvine on national radio this week, asking him…
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