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National Restaurant Association

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COVID-19: New Data Reveals Staggering Number Of Restaurant Closures During Pandemic COVID-19: New Data Reveals Staggering Number Of Restaurant Closures During Pandemic
Covid-19: New Data Reveals Staggering Number Of Restaurant Closures During Pandemic New data is revealing just how devastating the COVID-19 pandemic has been to the restaurant industry. Yelp's latest Local Economic Impact Report, released this week, reports that nearly 16,000 restaurants have permanently closed throughout the nation since the outbreak began in March. Of the 26,160 total restaurant closures listed on Yelp as of mid July, 15,770 were permanent. New York has seen the third-most restaurant closures at 8.4 percent, behind California (14.4 percent) and Texas (8.5 percent), according to Business Insider. Restaurants have passed the retail industry to accou…

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by Joe Lombardi
Business
COVID-19: FreshDirect To Sell Prepared Meals From Restaurant Associates COVID-19: FreshDirect To Sell Prepared Meals From Restaurant Associates
Covid-19: FreshDirect To Sell Prepared Meals From Restaurant Associates In an effort to bolster restaurants negatively impacted by the novel coronavirus (COVID-19) outbreak, FreshDirect announced it is teaming with a dining management company to sell prepared meals, bringing some employees back to work. FreshDirect announced it has joined forces with Restaurant Associates, which will enable the company to serve more customers with a rotating selection of heat-and-eat meals while bringing furloughed employees back to work. The online grocer stated that “the alliance expands its offerings in the prepared food category, allowing the company to serve more customers…

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by Zak Failla
News
COVID-19: NY Restaurant Industry Has Lost 250K Jobs, $2 Billion COVID-19: NY Restaurant Industry Has Lost 250K Jobs, $2 Billion
Covid-19: NY Restaurant Industry Has Lost 250K Jobs, $2 Billion The novel coronavirus (COVID-19) outbreak, which forced the closure of all non-essential businesses in the tristate area, has cost restaurants billions of dollars statewide in just a few short weeks. A new report from the National Restaurant Association determined that New York restaurants have lost approximately $1.9 billion in sales, and more than 250,000 jobs have been cut since the outbreak. The lost sales mark a 58-percent decrease compared to this time last year. The numbers come approximately two weeks after New York Gov. Andrew Cuomo limited bars and restaurants to takeout and deli…

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by Zak Failla