3 Ways the Coronavirus Stimulus Package Helps Restaurants and Workers
The coronavirus has hit the restaurant industry hard, with the National Restaurant Association reporting that 3% of operators have already permanently closed their doors and 11% anticipate that they will be forced to permanently close within the next 40 days. Meanwhile, 44% have temporarily closed their restaurants.
A survey conducted with more than 4,000 restaurant owners found that sales were down 47% nationwide between March 1-22. Of those restaurant owners, 54% have had to switch to off-premises service only. The reduction in sales has resulted in...
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