Restaurant shutdowns are putting millions of jobs at risk, according to new report
4 years, 9 months ago

Restaurant shutdowns are putting millions of jobs at risk, according to new report

CNN  

San Francisco CNN Business — Coronavirus-related measures and shutdowns are expected to put millions of restaurant, bar and hospitality workers out of work, according to a report released Tuesday by global outplacement firm Challenger, Gray & Christmas. Challenger cited labor and employment data from the District of Columbia, as well asCalifornia, Connecticut, Illinois, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania and Washington state. “It just gives you a general sense of how big these industries are, how significant of an impact this is for small businesses,” Andrew Challenger, senior vice president of Challenger, Gray and Christmas said in an interview with CNN Business. A pedestrian walks past a closed 'Wolfgang Puck Bar & Grill' restaurant in Los Angeles, California on March 17, 2020 as the coronavirus epidemic leads to restaurant and school closures as workers work from home in an effort to encourage social distancing.

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History of this topic

Thousands of restaurants and pubs closing across UK blame soaring bills among pressures they face
11 months, 3 weeks ago

Thousands of restaurants and pubs closing across UK blame soaring bills among pressures they face

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. However, he said, …

Hospitality on the brink: FIVE restaurants a day now closing
1 year, 6 months ago

Hospitality on the brink: FIVE restaurants a day now closing

Daily Mail  

Price Bailey says banks are clamping down on non-performing loans for firms It averages five restaurants per day, up from three-a-day in 2021 Restaurants closed at their highest rate in a decade in the first three months of the year, according to new figures from accountancy firm Price Bailey. Restaurants ravaged: 2,000 restaurants have closed over the past year as …

Chain restaurants will never recover, Wagamama chief admits
1 year, 9 months ago

Chain restaurants will never recover, Wagamama chief admits

The Telegraph  

The chief executive of Wagamama has said chain restaurants will never be as ubiquitous as they were pre-pandemic, but insisted they will not disappear from Britain’s high streets altogether. Andy Hornby, chief executive of The Restaurant Group, which owns the Japanese chain, told The Telegraph: “I don’t think the industry will ever be quite as big as it was.” However, …

Worried about the economy? Demand for these jobs is high and growing
2 years, 3 months ago

Worried about the economy? Demand for these jobs is high and growing

LA Times  

The leisure and hospitality sector is expected to be the biggest creator of jobs in California over the next year. Some participated in a wave of job-leaving dubbed the Great Resignation; others sought improved work-life balance through what they called “quiet quitting.” Now, with inflation on everyone’s mind and many economists forecasting some degree of recession in the near future, …

Takeaways the only hope now for restaurants to survive the virus
2 years, 11 months ago

Takeaways the only hope now for restaurants to survive the virus

Hindustan Times  

The Delhi Disaster Management Authority’s decision to have bars and restaurants shut for dine-in and only allowing takeaways has business owners worried. While some eatery owners are prepping up their delivery infrastructure to cater to the anticipated rise in demand, others are looking to open more kitchens “We have observed a marked slowdown of traffic at our outlets, without a …

Help wanted: Labor crisis plagues US restaurant industry
3 years, 6 months ago

Help wanted: Labor crisis plagues US restaurant industry

Associated Press  

LOS ANGELES — Sherry Villanueva’s family of Santa Barbara restaurants employed 350 people before the pandemic took hold and darkened dining rooms across California. Sam Toia, CEO of the Illinois Restaurant Association, said he’s started talking with federal lawmakers about the possibility of expanding worker visa programs for the restaurant industry to open a new pipeline of labor. “I’ve never …

Pandemic Over? American Restaurants are Struggling to Keep up With Demand as Restrictions Lift
3 years, 6 months ago

Pandemic Over? American Restaurants are Struggling to Keep up With Demand as Restrictions Lift

News 18  

Americans are dining out in record numbers as pandemic restrictions lift, with restaurants struggling to keep up with demand amid a labor shortage, data released by review site Yelp showed Tuesday. Yelp data showed more than 3.7 million diners seated using its app in May 2021, the highest number ever, surpassing pre-pandemic highs, according to Yelp restaurant marketplace manager Devon …

Hotels And Restaurants That Survived Pandemic Face New Challenge: Staffing Shortages
3 years, 8 months ago

Hotels And Restaurants That Survived Pandemic Face New Challenge: Staffing Shortages

NPR  

Hotels And Restaurants That Survived Pandemic Face New Challenge: Staffing Shortages Enlarge this image toggle caption Tovia Smith/NPR Tovia Smith/NPR It's exactly what everyone's been waiting for. Sponsor Message "There's nobody to do these jobs," Jarvis says, "and it's starting to get ultra-desperate." "There's a backlog, and we've got to get visas expedited and get people into the country where …

The Best Things That Happened To Restaurants In The Worst Of COVID Times
3 years, 8 months ago

The Best Things That Happened To Restaurants In The Worst Of COVID Times

Huff Post  

LOADING ERROR LOADING That’s the bad news. Charities across the board are suffering decreased donations due to the pandemic, and we hope to be Quantum Leap Farm’s light in the dark as they were ours.” ― Suzanne Perry, co-owner, Datz Restaurant Group A Post-Vaccine Meal To Remember “I was so excited that a post-vaccine guest wanted to have their first …

What The Future Of Restaurants Will Look Like Post-Pandemic
3 years, 8 months ago

What The Future Of Restaurants Will Look Like Post-Pandemic

Huff Post  

LOADING ERROR LOADING It’s been a year since the coronavirus pandemic upended the U.S. restaurant industry, necessitating innovations in takeout, carry-out cocktails, expanding outdoor dining and contactless technology. “It’s going to be very hard to have a thriving independent restaurant business when you’re basically trying to climb out of debt,” said Edward Lee, chef, restaurateur and co-founder of the philanthropic …

Hospitality Industry Calls Latest Covid-19 Curbs in Maha Death Knell For Sector
3 years, 9 months ago

Hospitality Industry Calls Latest Covid-19 Curbs in Maha Death Knell For Sector

News 18  

Members of hospitality industry decided to hold a silent protest outside all hotels and restaurants across Maharashtra against the Uddhav Thackeray-led government’s directive to shut all outlets selling non-essential commodities and services till April 30 amid rise in COVID-19 cases. As part of the government’s ‘Break The Chain’ order, restaurants would have to remain shut completely shut except for take-aways, …

Restaurant sector stares at massive losses as states reimpose strict Covid-19 curbs
3 years, 9 months ago

Restaurant sector stares at massive losses as states reimpose strict Covid-19 curbs

India Today  

India is staring at a second Covid-19 wave with daily numbers crossing the 1-lakh mark and businesses are once again worried about the economic slowdown as a result of curbs that states are announcing to tackle the virus spread. While Maharashtra has imposed a partial lockdown, Delhi government has announced a night curfew from 10 pm to 5 am till …

‘90% restaurants will have be to shut down in Maharashtra’
3 years, 9 months ago

‘90% restaurants will have be to shut down in Maharashtra’

The Hindu  

The new “Break The Chain” guidelines introduced by the State government would force almost 90% of restaurants to shut down completely due to continued losses, said Hotel and Restaurant Association of Western India. Of the approximately 30 lakh employees engaged in the industry directly in the State, 40% have faced job loss and the figures are only increasing,” said Sherry …

US added 916,000 jobs in March, but COVID uptick may offset gains
3 years, 9 months ago

US added 916,000 jobs in March, but COVID uptick may offset gains

Al Jazeera  

The gradual reopening of businesses — and increases in capacity limits — have helped firms rehire workers, and consumer confidence is high. The United States economy added 916,000 jobs in March, edging the unemployment rate down to 6 percent for the first time since the coronavirus pandemic began more than a year ago, data from the US Bureau of Labor …

Jump in hiring fuels optimism for US economic recovery
3 years, 10 months ago

Jump in hiring fuels optimism for US economic recovery

Associated Press  

WASHINGTON — U.S. hiring accelerated more quickly than expected last month, evidence that a year after the pandemic took hold, the economy is strengthening as virus cases drop and vaccinations ramp up. “The recovery really has some legs, some momentum now,” said Odeta Kushi, deputy chief economist at First American Financial Corp. Stocks see-sawed through the day but ended sharply …

Pandemic restaurant closures produce glut of used equipment
3 years, 10 months ago

Pandemic restaurant closures produce glut of used equipment

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Bonilla’s family business, American Restaurant Supply in San Leandro, …

Restaurant Owners Left Wondering If Help Is Coming : Consider This from NPR : NPR
4 years ago

Restaurant Owners Left Wondering If Help Is Coming : Consider This from NPR : NPR

NPR  

With 100,000 Restaurants Already Closed, Owners Left Wondering If Help Is Coming Enlarge this image toggle caption Angus Mordant/Bloomberg via Getty Images Angus Mordant/Bloomberg via Getty Images An emerging coronavirus relief package may not do enough to help restaurants hobbled by the pandemic, many of which have struggled to make ends meet all year — with 100,000 restaurants closed on …

Lockdown: Thousands of jobs at risk if shops and pubs cannot reopen after lockdown, MPs warned
4 years, 1 month ago

Lockdown: Thousands of jobs at risk if shops and pubs cannot reopen after lockdown, MPs warned

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. British Retail Consortium chief executive Helen Dickinson said retailers are losing £2bn in sales every …

In a week of layoffs in the US, MGM Resorts adds 18,000 more
4 years, 4 months ago

In a week of layoffs in the US, MGM Resorts adds 18,000 more

Associated Press  

MGM Resorts is laying off 18,000 people as an unchecked pandemic leaves economic scars across a broad swath of U.S. industries, particularly those that rely on healthy crowds of people. The layoffs at MGM, which amount to about a quarter of its U.S staff of about 70,000, caps a wave of job cuts and buyouts this week across a broad …

Covid’s next casualty – American restaurants (opinion)
4 years, 5 months ago

Covid’s next casualty – American restaurants (opinion)

CNN  

Editor’s Note: John Avlon is a senior political analyst at CNN. One of the bill’s original co-sponsors, Mississippi Sen. Roger Wicker said in a statement to CNN that, “The growing momentum for the Restaurants Act in the Senate and the House is something that should be considered as the next recovery package comes together …This relief is also critical for …

Gone for good? Evidence signals many jobs aren’t coming back
4 years, 5 months ago

Gone for good? Evidence signals many jobs aren’t coming back

Associated Press  

WASHINGTON — Stark evidence of the damage the resurgent viral outbreak has caused the U.S. economy could come Friday when the government is expected to report that the pace of hiring has slowed significantly after a brief rebound in the spring. Michelle Holder, a labor economist at John Jay College, said it’s unlikely that many retail workers and others whose …

As restaurants endure economic losses, others feel pain, too
4 years, 5 months ago

As restaurants endure economic losses, others feel pain, too

Associated Press  

WASHINGTON — Restaurants helped revive the U.S. economy after the Great Recession of 2007-2009. “The restaurant industry’s role in the economy is outsized compared to its share of overall GDP,” said Mark Zandi, chief economist at Moody’s Analytics. “People are not out eating,’’ said Genell Pridgen, whose family runs a restaurant, butchery and three farms in North Carolina. “They won’t …

US job market’s modest improvement may be stalling
4 years, 6 months ago

US job market’s modest improvement may be stalling

Associated Press  

WASHINGTON — The number of laid-off workers seeking U.S. unemployment aid barely fell last week, and the reopening of small businesses has leveled off — evidence that the job market’s gains may have stalled just as a surge in coronavirus cases is endangering an economic recovery. Real time data on small businesses suggests that the job market’s improvement slowed in …

18 per cent restaurants may not restart post lockdown
4 years, 7 months ago

18 per cent restaurants may not restart post lockdown

India TV News  

Post-Covid lockdown, it is estimated that 18 per cent single-unit restaurants are likely to shut down between May and July and another 12-15 per cent of restaurants will be part of the second round of closure between September and December. A research report called 'Future of Food: Covid-19 Survival Plan' by Indian Federation of Culinary Associations and Tagtaste says that …

Coronavirus shutdown easing will provide only a moderate economic boost
4 years, 8 months ago

Coronavirus shutdown easing will provide only a moderate economic boost

ABC  

When you're on life support, any improvement in your condition is welcome. The same figure shows food delivery was up 156 per cent, which has been great for some restaurants that specialise in it but many traditional dine-in restaurants simply can't swap hurriedly to takeaway or delivery. "That means many won't be able to open, but many doing takeaway may …

Coronavirus Outbreak: Pandemic slowdown threatens restaurants with bitter aftertaste; customers, spending likely to plunge
4 years, 9 months ago

Coronavirus Outbreak: Pandemic slowdown threatens restaurants with bitter aftertaste; customers, spending likely to plunge

Firstpost  

Even when the situation normalises however, restaurateurs fear that business will not bounce back in a hurry and people will socialise less in crowded restaurants. New Delhi/Mumbai: After growing tenfold in the last decade, India’s restaurant sector fears for the future when a nationwide lockdown is eventually lifted, with customer numbers and spending expected to plunge in the fallout from …

L.A. restaurant shutdown extended to April 19, all but guaranteeing the end for many businesses
4 years, 9 months ago

L.A. restaurant shutdown extended to April 19, all but guaranteeing the end for many businesses

LA Times  

A passerby in front of Miro in downtown Los Angeles on Friday. Mayor Eric Garcetti’s latest citywide mandate imposes an even stricter set of restrictions on daily life in Los Angeles than the one issued Sunday night — and it almost certainly means the end of business for good for many restaurants and bars. Thursday evening’s announcement that the city …

‘Devastating’ Shutdowns During Coronavirus Crisis Hurl Small Businesses Into Uncertainty
4 years, 9 months ago

‘Devastating’ Shutdowns During Coronavirus Crisis Hurl Small Businesses Into Uncertainty

Huff Post  

TORONTO — Dave Auger’s dream restaurant was days away from its one-year anniversary when he had to lay off its entire staff, including himself — more than 20 people. “As a business owner who is already stressed about the loss of sales, it’s very overwhelming to read and try to understand what exactly is being offered.” Bowden started a petition …

Restaurants are pivoting to takeout and delivery. Will it be enough to survive?
4 years, 9 months ago

Restaurants are pivoting to takeout and delivery. Will it be enough to survive?

LA Times  

As fallout from the coronavirus pandemic began to hit the dining industry, delivery companies offered a rare concession to their restaurant partners. Delivery app Postmates Inc. said Tuesday it would waive commission fees for small businesses in San Francisco that sign up for a relief pilot program. On Friday, competitor Grubhub Inc. announced it would “suspend collecting up to $100 …

How to help your favorite small businesses survive the coronavirus crisis
4 years, 9 months ago

How to help your favorite small businesses survive the coronavirus crisis

CNN  

Social distancing may help mitigate the coronavirus crisis, but it also threatens to devastate small businesses. In Seattle, already hard hit bythe outbreak,a recent survey found that 60% of small businesses there are considering wage cuts and staffing cutbacks, while 35% said they may have to close. Moon, who employs 120 people, said she’s now considering “extremely reduced hours …

Restaurants struggle to survive as coronavirus turns Seattle into a ghost town
4 years, 9 months ago

Restaurants struggle to survive as coronavirus turns Seattle into a ghost town

CNN  

CNN — The Pike Place bakery sits in an area where tourists flock in Seattle. “We’ve seen at least a 50-70% drop with tourists coming through the market and our sales compared to last year and the years before,” Alexander Vaughan, one of the bakery managers at Piroshky Piroshky, told CNN on Monday. The state has “Many restaurants” in Seattle …

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