Restaurant News Roundup, 09/28/2020

Le Pain Quotidian, California Pizza Kitchen, Sizzler are among 17 major restaurant chains that have filed for bankruptcy since the start of the pandemic.  Read more here: https://www.restaurantbusinessonline.com/financing/these-restaurant-companies-filed-bankruptcy-during-pandemic   No back to normal for the restaurant industry as the impact of the coronavirus pandemic forces change to the restaurant model.  Read […]

Restaurant News Roundup, 08/16/2020

With the National Restaurant Association projecting an overall revenue shortfall of $240 billion for 2020 because of COVID-19, industry executives mull over survival strategies.  Read more here: https://www.forbes.com/sites/hbsworkingknowledge/2020/08/10/restaurant-revolution-how-the-industry-is-fighting-to-stay-alive/#1f7423d7f1eb   Suddenly there are too few restaurants, say some industry executives and analysts, pointing to strong sales at Popeyes, Firehouse Subs and other […]

Restaurant News Roundup, 8/1/2020

California Pizza Kitchen has filed for bankruptcy, blaming the COVID-19 pandemic for its financial problems.  Take-out proved not be a solution for CPK, since 78% of its total sales before the coronavirus lockdown came from in-store dining. Read more here: https://www.cbsnews.com/news/california-pizza-kitchen-bankruptcy-chapter-11/?ftag=CNM-00-10aac3a   Dunkin’ to close in 800 locations across the U.S. […]

Restaurant News Roundup, 7/22/2020

Burger King introduces a Whopper made of “reduced methane emissions beef,” a move aimed at combatting climate change.  Read more here: https://www.washingtonpost.com/news/voraciously/wp/2020/07/14/burger-king-wants-to-combat-climate-change-by-helping-its-cows-be-a-little-less-gassy/   Almost 16,000 restaurants have shut down permanently since the coronavirus pandemic hit the U.S. in March.  Read more here: https://www.delish.com/food-news/a33393205/restaurant-closures-yelp-data/   “Ghost Food Halls” might be the […]

Restaurant News Roundup, 06/28/2020

Restaurant chains like Applebee’s and TGI Fridays are highlighting germ-free dining as they try to bring back wary customers.  Read more here : https://www.nytimes.com/2020/06/26/business/restaurant-reopenings-coronavirus.html?searchResultPosition=1   Resurgence of coronavirus cases in Texas, California, Florida and elsewhere pose a threat to the hard-hit restaurant industry.   Read more here:  https://www.restaurantbusinessonline.com/financing/growing-coronavirus-cases-pose-big-threat-restaurants-recovery   Open […]

Restaurant News Roundup, 6/5/2020

New federal employment figures show the restaurant industry brought back almost 1.4 million workers last month, an indication that more people are eating out again following the coronavirus lockdown.  Read more here: https://www.restaurantbusinessonline.com/financing/restaurants-rehired-nearly-14m-workers-last-month   Papa John’s franchises are staffing up following announcement the chain plans to hire 20,000 workers nationwide. […]

Restaurant News Roundup, 04/21/2020

Ruth’s Chris Steakhouse, Shake Shack are among the national restaurant chains criticized for getting millions of dollars in grants from the multi-billion dollar federal Paycheck Protection Program, crowding out smaller restaurants from the now exhausted fund.  Read more here:  https://www.washingtonpost.com/business/2020/04/20/white-house-gop-face-heat-after-hotel-restaurant-chains-helped-run-small-business-program-dry/   An estimated 8 million restaurant workers have been furloughed […]

Restaurant News Roundup, 4/5/2020

Coping with coronavirus restrictions, California Pizza Kitchen is among the chains offering meal kits and grocery items for pick-up or delivery.  Read more here: https://www.foodnetwork.com/fn-dish/news/2020/4/chain-restaurants-new-ways-to-feed-customers Restaurants across U.S. mobilize to help feed medical workers on the frontline of the coronavirus pandemic. Read more here: https://www.washingtonpost.com/news/voraciously/wp/2020/04/04/restaurants-step-up-to-feed-hospital-workers-on-the-pandemics-front-lines/   Some states ease restrictions on […]

Restaurant News Roundup, 3/21/2020

Domino’s will hire 10,000 workers to meet delivery demand during the coronavirus outbreak, with Domino’s CEO saying in a statement the restaurant chain not only wants to feed people during the crisis but also provide jobs for those “…looking for work at this time, especially those in the heavily-impacted restaurant […]

Restaurant News Roundup, 3/7/2020

Restaurant industry bracing for coronavirus impact as some experts predict a shift toward food delivery.  Read more here: https://www.nrn.com/news/restaurant-industry-braces-coronavirus-impact   McDonald’s, Starbucks and Dunkin’ Donuts among restaurants taking sanitation measures to prevent coronavirus spread.  Read more here: https://www.cnbc.com/2020/03/06/us-restaurants-respond-to-coronavirus-with-more-cleaning-and-creativity.html   Coronavirus impact overseas: restaurants have closed in cities like Shanghai, Macau, […]

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