If the pandemic has seemed to consist of nothing but a plateful of problems, the table is now being reset with plenty of reasons for optimism.
COVID-19 vaccines are becoming increasingly available, and all adults (ages 18 and up) should be eligible to receive them by May 1.1 The recently passed $1.9 trillion COVID-19 stimulus bill contains $28.6 billion in restaurant relief. Known as the American Rescue Plan, the new law’s Restaurant Revitalization Fund provides the relief debt-free to small and midsize restaurants.2 And consumers will now have more money to spend on foodservice. Individual Americans making under $75,000 a year and households with incomes under $150,000 will receive stimulus checks of $1,400.2
Read More
Topics:
Restaurant Operations,
Independents,
Foodservice Industry,
Sales & Profitability,
Operations,
COVID-19,
Coronavirus
Leave it to a pandemic to build up the market’s appetite for foodservice. At one point, eating out at a restaurant ranked as the most looked-forward-to post-quarantine activity, according to the market research firm Technomic.1 But as infection rates rise, it should come as no surprise that consumer confidence in returning to pre-pandemic activities is falling.
Read More
Topics:
Restaurant Operations,
Trends,
Takeout,
Casual Dining Restaurant,
Delivery,
Restaurant,
Social Responsibility,
Operations,
Drive-Thru,
COVID-19,
Coronavirus
As if there weren’t already enough incentive to maintain the momentum for takeout and delivery, the pandemic keeps pushing off-premises to the forefront of foodservice. As COVID-19 resurfaces at record levels in reopened states, restaurant operators again find themselves navigating this all-too-familiar roadblock on the road back to dine-in traffic.
Read More
Topics:
Restaurant Operations,
Takeout,
Business & Industry,
Delivery,
Foodservice Industry,
Social Responsibility,
Drive-Thru,
Restaurants,
COVID-19,
Coronavirus
The pandemic may have put an unforeseen strain on the industry and brought business to a crawl, but a Bank of America study has revealed that sales have gone from fizzle to sizzle as the big brands turned the corner on the coronavirus.1 Small chains and independent restaurants, meanwhile, remain stalled.1
Read More
Topics:
Restaurant Operations,
Trends,
Quick Service Restaurant,
Casual Dining Restaurant,
Delivery,
Sales & Profitability,
Operations,
Drive-Thru,
Restaurants,
quick service restaurants,
COVID-19,
Coronavirus
The roadblocks on the road to reopening continue. As the number of coronavirus cases rises in reopened states such as Texas, Florida, Arizona and others, fear of infection at restaurants seems to be growing at a fever pitch, threatening to grind dine-in services to a halt.
Read More
Topics:
Restaurant Operations,
Product Quality & Safety,
Social Responsibility,
Sales & Profitability,
Operations,
COVID-19,
Coronavirus
