NYC Restaurants Sell Frozen Dinners To Survive Dark COVID Winter
By Tyler Durden New York City restaurants are hurting more from the economic crisis in comparison to the industry nationwide. At least half of the eateries in the metro area are at risk of closing. Many have had to adapt after Gov. Andrew Cuomo banned indoor dining early last month by expanding outdoor dining. But with…
NYC Restaurants Sell Frozen Dinners To Survive Dark COVID Winter
New York City restaurants are hurting more from the economic crisis in comparison to the industry nationwide. At least half of the eateries in the metro area are at risk of closing. Many have had to adapt after Gov. Andrew Cuomo banned indoor dining early last month by expanding outdoor dining. But with colder temperatures and…
The US Has Lost More Than 110,000 Restaurants, Setting Stage For Commercial Real Estate Collapse Of Epic Proportions
Authored by Michael Snyder via TheMostImportantNews.com, The restaurant industry is in the midst of a complete and total meltdown that is unlike anything that we have ever seen before. If you ask Google how many restaurants there are in the United States, it will tell you that there are 660,755, although that number is a…
The U.S. Has Lost More Than 110,000 Restaurants, Setting The Stage For A Commercial Real Estate Collapse Of Epic Proportions
By Michael Snyder The restaurant industry is in the midst of a complete and total meltdown that is unlike anything that we have ever seen before. If you ask Google how many restaurants there are in the United States, it will tell you that there are 660,755, although that number is a few years old. …
Restaurants Prepare For “Dramatic Loss Of Revenue” As New Year’s Eve Celebrations Are Canceled
By Tyler Durden As the world bids goodbye to 2020, restaurants and bars will have a nightmarish New Year’s Eve as many shops grapple with indoor seating limits, early curfews, and, in some parts of the U.S., a complete ban on indoor dining. New Year’s Eve is one of the most profitable nights of the…
McDonald’s Restaurants Are Putting Cameras, Sensors, and AI Technology in Their Dumpsters
By B.N. Frank McDonald’s restaurants are putting cameras in their dumpsters and trash containers in an effort to improve their recycling efforts and save money on waste collection. Nordstrom department stores are doing this as well. From CNN: Here’s why some McDonald’s restaurants are putting cameras in their dumpsters By Rachel Metz, CNN Business (CNN…
A Record 61% Of Restaurants, 35% Of Small Businesses Can’t Pay December Rent
By Tyler Durden Another day, another restaurant doomsday story. According to the latest Alignable Rent Poll, it’s becoming increasingly difficult for small businesses everywhere to pay their rent in full and on time, given the latest COVID resurgences. The need for more federal funding is also becoming more pronounced for many of these businesses, according…
As Gov’t Shuts Down Restaurants, Guy Fieri Raises $21.5 Million for Workers “Doing More than Congress”
By Matt Agorist Thanks to hypocritical governor Gavin Newsom’s tyrannical lockdown in the state of California, 1 in every 3 California restaurants will be permanently closing their doors this year. Other states, like New York, Michigan, Pennsylvania and Minnesota face similar fates while most states across America have suffered massive layoffs in the restaurant industry….
“This Is Insane”: NYC Small Businesses Furious At Indoor Dining Ban After Data Shows Restaurants Account For Only 1.4% Of Covid Cases
By Tanay Warerkar Of Eater New York, Yesterday, we reported that with in parallel with Andrew Cuomo’s decision to once again shut down indoor dining in New York starting Monday, more than half of the city’s restaurants are in danger of closing. Yet as Eater New York reports, many in the New York hospitality industry…
Food Lines Grow Miles Long as Politicians Break Rules to Dine at Fancy Restaurants, Take Vacations
By Matt Agorist When the politicians on taxpayer-funded salaries sit around and discuss which businesses to keep open and which businesses to shut down, they never consider limiting their own salaries or cutting their own funding. They simply force people out of business and offer nothing in return. In states that do offer some relief…
Cuomo Threatens To Shut NYC Restaurants In 5 Days, Dr. Fauci Warns ‘Winter Could Be A Dark Time’: Live Updates
Summary: Cuomo to close NYC restaurants if hospitalizations don’t fall Merkel weighs new 1-week lockdown Dr. Fauci warns people not to gather for Christmas, post-Thanksgiving surge still a week away Sets new lockdown target Merkel warns Germany needs new lockdown Canada commits to buying 20MM more doses of Moderna vaccine UK COVID vaccinations to begin…
Restaurants Slashed Jobs Last Month
By Jonathan Maze of Restaurant Business The restaurant industry lost 17,400 jobs in November, according to new data from the U.S. Department of Labor released on Friday. It was the first monthly decline in the number of restaurant workers since April, suggesting that a renewed virus and state shutdowns of dine-in service are taking their…
85% Of Independent Restaurants Could Go Out Of Business By The End Of 2020: Report
The pandemic-caused lockdowns have caused many businesses to incur heavy losses. Independent restaurants have taken a particularly massive hit, as they can neither rely on corporate-backed safety measures nor on chains across the country with delivery services. As per a report released by the Independent Restaurant Coalition, at least 85 percent of the independent restaurants will be…