10,000 of America’s restaurants are expected to close in the next three weeks – CNN
The National Restaurant Association is publicly pleading with Congress to pass new stimulus to help the industry that has been damaged by the pandemic. The group said Monday 110,000 restaurants have already permanently shuttered in 2020, with 10,000 of them closed in the past three months.
The group released results from a survey of 6,000 restaurant operators, revealing that 87% of full-service restaurants reported an average 36% drop in revenue and 83% expects sales to be “even worse” over the next three months as the virus continues to lash the United States. And 37% of restaurants said it is “unlikely” they will be open in six months from now, if there are no additional government help.
Read the full story: 10,000 of America’s restaurants are expected to close in the next three weeks – CNN
