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Restaurant Industry: A Diary of the COVID-19 Impact April 20

Posted by Dave

April 24 Diary Entry

For those who have been following my posts and articles, you have heard the news that the sales of the restaurant industry hit their lowest point at the end of March. Since then, sales have been improving slowly on a week-to-week basis. In recent weeks, the Mirus Index has shown an increase in sales on a same-store basis.

Since Easter, the rate of sales increase accelerated to about 16%, that is until a couple of days ago.

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Topics: Restaurant Profit, Restaurant Operations, Restaurant Finance, COVID-19 Restaurant Impact

Restaurant Industry: A Diary of the Coronavirus (COVID-19) Impact

Posted by Dave

April 13 Diary Entry

The restaurant industry started the year 2020 stronger than any year in more than a decade, although the impact of Covid-19 was already working its way into the numbers. Between March 12 and March 16, city by city, state by state shut down the restaurant dining room. All of the sports leagues also suspended operations. Curbside, takeout, drive-thru and delivery were now the only service channels for restaurants. That is when it hit the fan. Since then, is there any good news?

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Topics: Restaurant Profit, Restaurant Operations, Restaurant Finance, COVID-19 Restaurant Impact

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