Tuesday, November 3, 2020

Restaurant Apocalypse Getting Worse: 40 Percent Of US Restaurants Could ...

A MUST SEE!!

"Restaurant Apocalypse Getting Worse: 40 Percent Of US Restaurants Could Close By The End Of The Year"

"A new wave of government-mandated lockdown restrictions is decimating the restaurant sector - by far the most affected by the current economic meltdown. The new constraints are either limiting their functioning or pushing those that have been struggling to stay afloat straight into bankruptcy changing the landscape of the American hospitality industry for good, which has been registering record-high permanent closures and prompted a massive wave of lay-offs, with far more to come as the winter approaches.

In this video, we discuss how the recent mandatory restrains are fueling the U.S. restaurant apocalypse, and profoundly damaging the labor market. Bars and restaurants are having to face yet another obstacle with the new wave of operational restrictions.

Those that haven’t closed have been doing curbside service only, or have drastically altered their layout to make their spaces safer.

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