As restaurants have shut down across the United States in response to city and statewide coronavirus-related lockdown mandates, business owners are wondering if this disaster is covered under their business insurance protection plans. And while there is likely no pandemic… Read More
How Restaurants Can Collaborate with Landlords to Secure Rent Relief It’s a critical COVID-19 step as April approaches. OUTSIDE INSIGHTS | MARCH 2020 | RANDALL AIRST Tweet Share on Facebook Share on LinkedIn Forward via E-mail Photo of three person… Read More
The $2 trillion stimulus package, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), H.R. 748 which will deliver emergency aid across the U.S., including $1,200 checks to many Americans, was enacted on Friday, March 27th. The relief package… Read More
The coronavirus pandemic has wreaked havoc on the nation’s restaurants, and as traffic data from the early stages of this crisis becomes available, we can begin to analyze the situation in more detail. While dine-in traffic has certainly plummeted, thanks… Read More
As Americans flock to grocery stores during the coronavirus crisis to stock up on essentials, foot traffic at grocery stores has soared. Placer.ai, a platform that tracks retail activity, found year-over-year traffic spiked by 40 percent at Albertsons stores and… Read More
Businesses — large and small — are being gutted by the COVID-19 pandemic and government restrictions to stem the tide of infection. Recent directives require that restaurants and bars close (with the exception of certain takeout and delivery services), that… Read More
Nearly overnight, “uncertainty” has become today’s buzzword. As the threat of COVID-19 becomes more widespread by the day, we’re seeing the financial markets react and investors question their strategies. As with any significant event that impacts consumer and investor confidence,… Read More
The coronavirus pandemic is not just a global health crisis but an economic calamity as well. Travel has been severely restricted. Thousands of restaurants, bars and other small businesses across the country have been ordered to close. Workers face mass… Read More
Data released Monday showed retail sales in the world’s second-biggest economy plunged 20.5% in the first two months of the year. (Bloomberg) — Local officials in China are being encouraged to take the lead in patronizing restaurants and shopping malls… Read More
As more state- and city-wide restaurant closures take hold in light of coronavirus conditions, there’s little doubt operators across all segments are facing massive disruption. Perhaps to levels not seen in many concepts’ lifespans. One thing that’s also crystal, unfortunately,… Read More