Restaurant News Roundup, 11/2/2020
The iconic family dining chain, Friendly’s, has declared bankruptcy after struggling for years. It will be sold to a company that owns Red Mango, Smoothie Factory and other concepts. Read more here: https://www.restaurantbusinessonline.com/financing/friendlys-declares-bankruptcy-will-be-sold-owner-red-mango
National Restaurant Association CEO Tom Bené outlines grim prospect for restaurant industry if additional government support. Read more here: https://www.nrn.com/operations/economic-recovery-restaurants-remains-uncertain-national-restaurant-association-ceo-tom
“You will see a lot more ghost kitchens–restaurants that offer only pickup and delivery.” That post-pandemic prediction from Honest Tea C-founder, Seth Goldman and other thoughts here in this article: https://www.inc.com/magazine/202011/leigh-buchanan/seth-goldman-honest-tea-future-food-industry.html
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