2 ms·
What percentage of restaurants might not survive? What other types of establishments are likely to have a high percentage not surviving?
by irrational 6y ago
What percentage of restaurants might not survive?
What other types of establishments are likely to have a high percentage not surviving?
- pmiller2 6y agoSomething like 20% of restaurants that were open in February are now permanently closed. It might be even a little more than that — I don’t have the data right in front of me. Extend that timeline to next fall, as in the article, and probably almost all the non-chain restaurants would be done for. Edit: it’s worse than I thought. Data from Yelp suggest about half of restaurants may be permanently closed. I have no idea how that breaks down into national and regional chains vs independently owned restaurants, however. See https://www.eater.com/2020/6/26/21304219/over-50-percent-of-yelp-restaurants-have-closed-permanently https://www.eater.com/2020/6/26/21304219/over-50-percent-of-...