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Category Archives: The Business of Food

National Restaurant Association Says Restaurants Hit Hard by Pandemic Lockdowns

National Restaurant Association Says Restaurants Hit Hard by Pandemic Lockdowns

This is a sad time for restaurant-loving foodies, but even more so for the owners of those food-service-based businesses. It has now been six months since restaurants were forced to shut down due to the coronavirus pandemic. According to a new survey released yesterday by the National Restaurant Association, nearly 1 in 6 restaurants (representing nearly 100,000 restaurants) is closed either permanently or long-term; nearly 3 million employees are still out of work, and the industry is on track to lose $240 billion in sales by the end of the year.

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