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Restaurants Combining with Retail Stores to Drum up Sales

As COVID-19 continues to dampen sales at restaurants, some are trying a new strategy by opening in retail stores, which have profited from the pandemic. Hy-Vee Inc. is preparing to open its 20th Wahlburgers at …

Breakfast Delivery is Ramping Up

The year 2020 has been like no other in recent memory.  The pandemic has left Americans with many new government-enacted laws which were instituted in order to keep people as safe as possible and they …

DoorDash Files for IPO, but Still Losing Money

DoorDashfiled for its IPO on Nov. 13, reported The Wall Street Journal (Nov. 13). The filing revealed the company’s rapid growth during the pandemic, as revenue for the September quarter more than tripled from the …

Is the Pendulum Swinging for Cannabis?

Aphria, a Canadian cannabis company, plans to acquire Atlanta’s Sweetwater Brewing Co., which is known for its “420” beer. The $300 million deal is the latest hook-up between the alcoholic beverage and pot industries, and …

DoorDash Lends a Hand to Struggling Restaurants

DoorDash is investing in a restaurant for the first time, reported The Verge (Oct. 24). It will work alongside CA-based Burma Superstar for a brick-and-mortar store called Burma Bites. It will be designed for delivery and …

More Coronavirus Restrictions Across the Globe

State and local officials around the world are reinstating lockdown orders as coronavirus cases rise. Newark, NJ, is reversing course on reopening as cases increase across the city, reported CBS News (Oct. 27). Many of …

Continued Private Equity Investments in Restaurants

Dunkin’ Brands is in talks to sell itself to private equity-backed Inspire Brands, reported The New York Times (Oct. 25). The deal would take Dunkin’ Brands private at a price of $106.50 a share, according …

Restaurants Reopening, But With New Formats

Restaurant openings are returning to normal levels, but many are doing so with new formats, according to data from Yelp. Pandemic-friendly restaurants are opening, debuting eateries with features such as large patios, spaced out tables, …

Positive Outlook for Restaurants Despite Bankruptcies

Many restaurants may be waiting until COVID-19 uncertainty fades to declare bankruptcy as there is a lack of interest in turning some chains around in the current business climate, reported Forbes (Oct. 20). There were …

Foodservice Goes from Pivoting to Transforming

In wake of the pandemic, foodservice is continuing to adapt in unique ways to survive. UK-based Pret A Manger has struggled during the pandemic without the commuter crowd. In August, weekly sales in Britain were …

Can NYC Restaurants Survive with COVID Restrictions?

After six months, indoor dining reopened in New York City at 25% capacity, despite concerns about both spread of the virus and severe operating margins, reported The New York Times (Oct. 1). “It’s crucial, of …

Coronavirus’ Effect on Restaurants Versus Retail

While restaurants continue to feel the weight of the pandemic, retailers are still benefiting. Nearly one in six restaurants, representing 100,000 foodservice establishments, have closed permanently or long-term in the six months following the first shutdown orders …

CDC Links Dining Out to Increased COVID Risk

Dining out raises the risk of contracting COVID-19 more than other activities, according to a report published by CDC. The new report comes at a time when more restaurants are reopening indoor dining. Relaxation of …

City-Based Restaurants See Effects of COVID on Dining

Restaurants in cities are particularly struggling with attracting diners during COVID, even with outdoor dining options available. Even New York City’s Michelin-starred restaurants are having trouble, reported The Wall Street Journal (Sept. 2). Daniel Boulud, …

Weekend Takeout Surges as More Indoor Dining Opens

Friday and Saturday night takeout is emerging as a lasting trend during the pandemic, according to Technomic. Research found that off-premise meals on Friday and Saturday nights accounted for 24% of overall sales in the …

Restaurants Look to Government for Guidance

Restaurants across the U.S. are resuming operations in accordance with guidelines to ensure health and safety and patrons and employees. However, states, cities, and counties have different requirements for operating during the pandemic. In New …

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Can Ghost Kitchens Save Restaurants?

The “ghost food hall” concept could be a lifeline for restaurant owners to help carry them through the health crisis, reported The Washington Post (July 20). The concept combines the ghost kitchen model, which serves meals exclusively …

Drive-Thrus Emerge as Sustainable Approach During Pandemic

During the coronavirus pandemic, drive-thrus have become a crucial element for restaurants. In March, drive-thrus generated $8.3 billion across the fast food industry, an increase from $8 billion in sales over the same period in …

Restaurant Life After Lockdown

As lockdown requirements around the country loosen, foodservice establishments are adopting best practices for dine-in service in a post-COVID-19 world—thanks to the guidelines put forth by both government agencies and restaurant industry organizations. Federal Recommendations …