Eighty-seven percent of the city’s restaurants, bars and nightlife venues could not pay full rent in August, compared to 80 percent in June.
Coronavirus News
Nearly 100,000 Restaurants Have Closed in Pandemic
The National Restaurant Association says the foodservice industry lost $165 billion in revenue from March through July and is on track to lose $240 billion this year.
Coronavirus News
New York to Reopen Indoor Dining at 25 Percent Capacity
The state's restaurants will be required to close at midnight and follow strict safety protocols, while bar service continues to be prohibited.
Coronavirus News
National Restaurant Association Launches ‘Restaurant Revival’ Ad Campaign
The campaign focuses on the "rhythms and rituals” of the restaurant experience and asks, “Doesn’t dining out sound good?”
Coronavirus News
Linking Meat to COVID-19, PETA Offers Free Vegan Toppings to Two Pizzerias
The Centers for Disease Control states that there is no evidence that handling or consuming food is associated with the coronavirus.
Coronavirus News
Here’s Why Many Pizzeria Operators Are Paying More for Pepperoni
One pizzeria operator in New York said he's shelling out $6 a pound for pepperoni, compared to $4 earlier this year.
Coronavirus News
Former Godfather’s Pizza CEO Herman Cain Dies of Coronavirus
Cain, who campaigned for the White House in 2012, also served as the president and CEO of the National Restaurant Association from 1996 to 1999.
Coronavirus News
Pandemic Forces California Pizza Kitchen into Chapter 11 Bankruptcy
CPK says a pre-negotiated restructuring support agreement with lenders will equitize most of its long-term debt
Coronavirus News
Governor Closes Down Restaurant Dine-In Services Across California
The state will continue to allow restaurants to offer carryout, delivery and, where local ordinances permit, outdoor dining.
Coronavirus News
Miami Restaurants Ordered to Close Dine-In Services by Wednesday
Mayor Carlos Gimenez has ordered restaurants in Miami-Dade County to close their dine-in operations by Wednesday as Florida experiences a resurgence of coronavirus cases and an uptick in hospitalizations. Restaurants will still be allowed to handle carryout and delivery orders. Florida reported more than 6,300 new COVID-19 cases statewide and … More
Coronavirus News
Study Finds Correlation Between Restaurant Spending and COVID-19 Surges
A new study by JPMorgan notes a connection between increased restaurant spending and a surge in coronavirus cases a few weeks later, as Fortune reports. JPMorgan looked at spending by 30 million Chase credit and debit card holders and compared those numbers to coronavirus case data provided by Johns Hopkins … More
Coronavirus News
This Once-Thriving Pizza Chain Has Closed Most of Its Stores
Fast-casual chain PizzaRev looks to be in trouble, and the pandemic is only partially to blame. The company has closed more than half of its locations in the past years and is down to just 13 stores in the U.S. The Los Angeles Daily News reported last week that Pizza … More