For U.S. small restaurants, coronavirus impact is swift and brutal

  • 📰 Reuters
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

On St. Patrick's Day last year, Amy and Chris Hillyard marked the 30th anni...

WASHINGTON/SAN FRANCISCO - On St. Patrick’s Day last year, Amy and Chris Hillyard marked the 30th anniversary of Farley’s, their pair of cafes in San Francisco and Oakland, California, with live bagpipes and noisy crowds.

“We were running at the top of our game as a business and it’s just devastating to have to turn off the engine,” Amy said. Restaurants are notoriously high-risk businesses, typically running on pretax margins of 3 to 6%, which makes them extremely vulnerable in a downturn. For the Hillyards, switching to takeout or delivery was not a viable option, given the cafe is surrounded by now-empty office buildings. By Monday, sales were down 70% from normal, as local businesses sent workers home even before the lockdown started.

There as elsewhere the hope is that the rise of online food ordering over recent years will soften the blow.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

At least all that food now will show up at the stores.

I have found Jürgen Klopp Dopelganger... i

longing for the days of the chicken sandwich wars

We’ll survive better than most. And if the lying Chinese had been honest, none of us would be where we are now. The world will remember their treachery and they will be relegated once again to making rubber dogshit skeeball prizes!!!!

Seems ppl are only concerned with restaurants losing business. What about all other businesses?

and Dominoes is hiring 10k people

After the market tests the 2008 lows, there should be a bounce? But will it take another 3 years for claw back to the top?

Either that or ..Italy

Didn’t know Jürgen Klopp owned restaurants in sf

Test

I couldn't imagine owning a restaurant through this.

Why does everyone think it is our government's responsibility to give them money? Life happens. No one owes these businesses anything.

Smart money has been getting out of gambling the stock market and into CA$H. After the market tests the 2008 lows, there should be a bounce? But will it take another 3 years for claw back to the top?

I can confirm this.. being in the food service business over 30 years I've never seen anything like this in the business.. people just stopped coming in.. literally overnight

Better take care of us. When this is over I promise you’ll want us back

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus outbreak hurts movie theaters, boosts grocery stores - Business InsiderCharts reveal how the coronavirus pandemic has boosted foot traffic at grocery stores but pummeled movie theaters no shit Sherlock 🕵🏻‍♂️
Source: BusinessInsider - 🏆 729. / 51 Read more »

‎Coronavirus Daily: Why US Coronavirus Cases Are About To Rise Dramatically on Apple PodcastsHere's why White House officials expect the number of coronavirus cases to climb dramatically in the coming days 👇 No surely not! It's not like doctor's haven't been saying this since February. You know maybe if kushners family didn't have to profit from testing we might have nipped this in the bud. 🙄 Maybe because everyone warned them it would? Because there will finally be wide spread testing?
Source: NPR - 🏆 96. / 63 Read more »

Danny Meyer's Union Square Hospitality Group lays off 80% of workforceRestaurants across the country are laying off workers as the coronavirus outbreak closes dining rooms. We don't need this type of CEOs How many will receive no benefits because they are here illegally ? very sad news. Sorry
Source: CNBC - 🏆 12. / 72 Read more »

The Fine Print of Grubhub’s $100 Million Relief Program for Ailing RestaurantsGrubhub made news this week by announcing it would defer collection of up to $100 million in commissions as its way of helping the restaurant industry in a time of crisis. But, as always, the fine print is key:
Source: Eater - 🏆 368. / 59 Read more »

U.S.-Canada border to shut, stocks drop again as coronavirus impact widensU.S. President Donald Trump and Canadian Prime Minister Justin Trudeau said on W... GigiMasria
Source: Reuters - 🏆 2. / 97 Read more »