Economic News

100,000 Restaurants Lost to COVID

The industry is on track to lose $240 billion this year alone, warns trade group.

But diners are starting to bristle at higher check averages.

Net Proceeds to be distributed to the cafeteria operator’s stockholders.

Don’t compare them to this time last year.

MAFSI report shows a historic downturn and looks to what’s ahead.

During FER’S Virtual Next Conference last week, attendees learned from foodservice experts that in the age of COVID-19,

The cleanliness of a restaurant now ranks above the taste of the food when it comes to how consumers choose a restaurant.

Citing lagging dining rooms sales, NPC says move will allow it to maximize value.

Move follows its $100 million commitment toward equity, inclusion and entrepreneurship.

Industry forecaster Technomic released updated predictions for the remainder of 2020 and into 2021.

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