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The pandemic has shifted how people consume it, with the drive-thru getting a second breath of life and digital ordering becoming the norm. As …
July 23, 2020 By Kristie Auman-Bauer Restaurants and foodservice businesses were some of the first economic activities severely impacted by the COVID-19 pandemic. Dining in restaurants …
Only three fast-food chains — KFC, McDonald’s, and Taco Bell— recorded faster service times in the drive-thru compared to 2019. While the average time was 356.8 seconds, KFC shaved …
Same-store sales fell 4.2% during the first quarter as the COVID -19 crisis hit. At the end of the quarter the company reported $169 million in cash on its balance sheet. 5. Bloomin’ Brands Inc. (BLMN) Bloomin’ suspended its …
Restaurant owners aren’t too optimistic about the future. 9 out of 10 expect their establishments to stay partially or fully closed for the next few months. Two-thirds of owners believe that it will take anywhere from three to …
What impacts did you see in the industry due to COVID-19? From shut-downs to new social distance rules to employee safety concerns, there was almost no aspect of the Quick Service Restaurant (QSR) and Fast Casual …
Sanitizing tables, frequent employee hand-washing, and asking customers to wear masks inside are a few ways fast-food chains are shifting indoor dining. Other changes are evident when you stop...
The COVID pandemic disrupted many family routines, including where and what they eat. Half of parents (50%) said their family has had home-cooked meals more often since …
The National Restaurant Association estimates that compared to pre-pandemic levels, restaurant employment is down close to 2.5 million jobs and that the industry lost $240 billion in sales in...
Restaurant revenue began making a steady recovery from February, at $55.5 billion, climbing to $71 billion in June but then leveling off in July and August at $72 billion. Restaurant …
COVID-19 has been impacting eating since it began. More consumers are eating at home, while restaurants are suffering as away-from-home occasions have been cut in half. The …
What makes restaurant operations more challenging is an increase in some operating costs, such as rent and food costs. For instance, a Pennsylvania restaurant indicated …
These pandemic-related changes aren't going anywhere. September 2020 Francine L. Shaw. COVID-19 has completely changed businesses across all industries, and the foodservice …
People working in the industry are looking at a $2.8 billion loss on a weekly level. Hotels aren’t being booked. Back in April, hotels in the United States have seen an occupancy …
Unfortunately, the food industry is still working to recover the losses. Still, unless there is a recurrence of Covid, restaurant sales in 2022 are trending in a very positive direction. …
We can confirm that restaurants such as McDonald's, Burger King, Chick-Fil-A, Wendy's, Taco Bell, Chipotle, Subway, and Starbucks have all vowed to increase the frequency …
The restaurant industry lost roughly $240 billion in 2020, closing the year at $659 billion, according to the Association. McKinsey & Co. outlined a long-term trend toward a 50/50 …
Feb 12, 2021, 12:13 PM. A Chick-fil-A employee delivering food to a drive-thru customer. Chick-fil-A. The coronavirus pandemic has been detrimental to the restaurant and …
Surveyed restaurants had several big winning tactics for adapting in spite of COVID: 69% of restaurants Updated and pared down their menu for online ordering. 66% become more …
Fast food has never been easier to order. DiFrisco noted that before the pandemic, drive-thru orders comprised 70% of a chain’s business, with the remaining 30% was split …
In Korea, since the COVID-19 outbreak, the sales of meal-kit brands have rapidly increased, while offline retail brands rushed into the meal-kit segments with the names of …
The coronavirus pandemic has changed our relationship with fast food. Recent financial disclosures and earnings calls from some of the world’s largest quick-service …
When these lost jobs are calculated, we can see that around $1.7 billion hotel employee salaries are lost per week. Furthermore, lost hotel room revenue per week now …
Fast-service restaurants were more likely to offer both takeout and delivery compared to their table-service counterparts, but the difference came down to a mere 2 percentage points for …
According to The NPD Group: “The morning meal, which represents a breakfast or morning snack occasion, has suffered the steepest transaction declines. Morning meal …
Here’s a look at some of the trends that emerged out of this most bizarre of years. 1. We went back to the kitchen. With restaurants shuttered, or limited to carry-out/delivery only, …
Before the COVID-19 pandemic, the restaurant industry saw an increase in delivery and takeout. According to a February 2019 study by The NPD Group, restaurants noted an annual growth …
This costs the employees in the industry some $1.7 billion every week. If the situation continues, the workers might even see a $2.8 weekly loss. The reasons for layoffs are …
The National Restaurant Association reported more than $120 billion of lost revenue in the restaurant industry during the first three months of COVID-19. Other studies …
Not just quite but we can already see some effects of COVID-19 in the hospitality industry, especially restaurants. One would say: nothing will ever be the same. Nevertheless, …
The COVID-19 pandemic affects the global food industry as governments close down restaurants and bars to slow the spread of the virus. Across the world, restaurants' daily traffic dropped …
The COVID-19 pandemic impacted the United States restaurant industry via government closures, resulting in layoffs of workers and loss of income for restaurants and owners and threatening …
Meat processing plants have been virus hot spots as workers have fallen ill with COVID-19, some of them dying. Starting in early April, affected plants began closing. “Millions …
Mauro Colagreco — Mirazur — Menton, France. When Mirazur, currently number one on the World's 50 Best Restaurants list, reopened in June, the restaurant was already fully …
Food Dive is taking a look at just what the pandemic has meant to the CPG food and drink business in a four-part series. How much of a boost did food companies get from …
Although there were only a few confirmed COVID-19 cases in Canada at the time, 24% of respondents said their business was negatively impacted by COVID-19. With the …
How does COVID-19 affect the food industry? Currently, the greatest risk of spreading COVID-19 is through direct contact with an infected person or droplets from their …
The COVID-19 pandemic has adversely affected and could continue to adversely affect our financial results, condition and outlook. Health epidemics or pandemics can …
The COVID-19 outbreak has now spread around the world, leaving a trail of destruction in its wake. The pandemic has already changed how we work and how we live our lives. Many of …
More than 110,000 eating and drinking establishments closed last year, either temporarily or for good, and 2.5 million restaurant industry jobs disappeared, according to a …
For example, burger-flipping robots are becoming increasingly attractive for companies in the fast-food sub-sector. An added benefit of such a technology is a substantially …
We see it in the data. According to the latest edition of PYMNTS' COVID-19 Brief series, the share of consumers dining at sit-down restaurants had declined 85.2 percent since …
The most crucial aspect of COVID-19 protections, van Kesteren said, is how operators handle contactless pickup. There are multiple ways of doing contactless pickup at …
The coronavirus pandemic has affected the economy and the International Monetary Fund has declared that we have entered a global recession. Aviation and tourism are …
How COVID-19 changed fast food in South Africa. Bradley Prior 27 July 2020. The restaurant industry has felt the impact of the national lockdown, including a significant change …
1. COVID-19 has placed unprecedented stresses on food supply chains. COVID-19 has imposed shocks on all segments of food supply chains, simultaneously affecting farm …
It was set to be held May 16-19 in Chicago. Yum Brands says the coronavirus pandemic has led to the closure of about 7,000 restaurants around the world, including more …
Chinatowns. "According to Yelp's latest data, United States consumer interest in Chinese restaurants is down about 20% since widespread fears of coronavirus began to take …
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