Tuesday, 21 July 2020

Restaurants’ ‘Existential Crisis’: Planet Cash

Editor’s note: This is an excerpt of World Cash‘s newsletter. You can sign up here

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The Girl & The Fig’s inside dining-room is empty nowadays.

The Lady & The Fig.


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The Lady & The Fig.

The Woman & The Fig’s inside dining-room is empty nowadays.

The Lady & The Fig.

The dining establishment industry is facing “an existential crisis,” according to a report from the Independent Restaurant Union, a national organization formed in March that counts Bernstein as a member.

To combat the bust, the Independent Dining establishment Coalition is calling for a $120 billion “Dining establishment Stabilization Fund” that would dole out grants to restaurants as a bridge from now to whenever the difficult economics of the pandemic end.

Ozimek would prefer big, multi-decade loans to restaurants at absolutely no interest.

Mmmm, burger.

Greg Rosalsky/NPR.


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Greg Rosalsky/NPR.

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source https://jobsearchtips.net/restaurants-existential-crisis-planet-cash/

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