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Impact Of The COVID-19 Pandemic On The US Restaurant Industry
The COVID-19 pandemic impacted the United States restaurant industry via government closures, resulting in layoffs of workers and loss of income for restaurants and owners and threatening the survival of independent restaurants as a category. Within a week after the first closures, industry groups representing independent restaurateurs were asking for immediate relief measures from local, state, and federal governments, saying that as many as 75 percent of independent restaurants could not survive closures of more than a few weeks. By late July, nearly 16,000 restaurants had permanently closed. Restaurant closures started March 15 when Governor of Ohio, Ohio Governor Mike DeWine ordered all bars and restaurants in the state to close their dining rooms and bars; within a week most other states followed suit. By March 23, industry experts were estimating nearly half of the industry's 15 million workers had been laid off. Insurers refused to cover the restaurants' financial losses via ...
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Tom Colicchio
Thomas Patrick Colicchio (; born August 15, 1962) is an American celebrity chef. He co-founded the Gramercy Tavern in New York City, and formerly served as a co-owner and as the executive chef. He is also the founder of Crafted Hospitality, which includes Craft (NYC and Los Angeles), Riverpark (NYC), Temple Court (NYC), Craftsteak (MGM Grand Las Vegas), Heritage Steak (Mirage Las Vegas) and Small Batch (Long Island) restaurants. Colicchio is the recipient of five James Beard Foundation Awards for cooking accomplishments. He has been the head judge on every season of Bravo reality TV show ''Top Chef'' as well as '' Best New Restaurant'' which he also executive produces. Colicchio has also been a featured chef on ''Great Chefs'' shows. Early life Colicchio was born in Elizabeth, New Jersey, the middle son of Beverly Ann (née Corvelli) and Thomas Patrick Colicchio. He has an older brother Michael and a younger brother Philip John. His father was a union organizer. He is of Ital ...
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Jules Maes Saloon
Jules Maes Saloon is by some accounts the oldest bar in Seattle, in the U.S. state of Washington. It opened in 1888 in the city's Georgetown neighborhood. The building it occupies, "The Brick Store", at 5919 Airport Way at the corner of Nebraska, is listed as a Seattle Historic Site. History The bar first opened in a building at 5953 Airport Way South (before it was called Airport Way, for nearby Boeing Field) under a different name. It was purchased by Jules Gustaf Maes, a Belgian-born bartender, who eventually changed its name and moved it to the 5919 building. The back room was once used as a bookie joint. The bar was owned by June Espelend for a period. John and Vanessa LeMaster, who had owned it since 2005, closed it during the coronavirus pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel viru ...
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Dunkin' Brands
Dunkin' Brands Group, Inc. was an American restaurant holding company which ran three chains of fast-food restaurants: Dunkin' Donuts, Mister Donut, and Baskin-Robbins. It was headquartered in Canton, Massachusetts. History Allied-Lyons In 1973, British food company J. Lyons and Co. purchased Baskin-Robbins from United Brands. J. Lyons and Co. then merged with Allied Breweries, becoming Allied-Lyons in 1978. In 1990, Allied-Lyons acquired Dunkin' Donuts and Mister Donut. Allied Quick Service Restaurants In 1994, Allied-Lyons merged with Pedro Domecq S.A., becoming Allied Domecq. The restaurant operations were merged under a subsidiary named Allied Domecq Quick Service Restaurants. In 1997, Togo's was acquired by Allied Domecq. Dunkin' Brands In 2004, Allied Domecq Quick Service Restaurants was renamed "Dunkin' Brands, Inc.". On December 12, 2005, Pernod Ricard, which had just taken control of Allied Domecq, announced the sale of Dunkin' Brands to a consortium of private equity ...
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Souplantation
Sweet Tomatoes, operating as Souplantation in southern California, was a United States–based chain of all-you-can-eat buffet-style restaurants. The first location opened in 1978 in San Diego, California, where the company was headquartered. The company was incorporated as Garden Fresh Corp. in 1983. The company went public in 1995 but was taken private in 2004. The company, owned by Garden Fresh Restaurant Corporation, temporarily closed its 97 locations in March 2020 in response to government mandates related to the COVID-19 pandemic. On May 7, 2020, the closure was made permanent and the company filed for liquidation. However, one restaurant in Tucson, Arizona, is planning to reopen after one firm bought the assets of the company, with no word yet on whether other locations will be reopene History The first Souplantation restaurant opened on Mission Gorge Road in San Diego, CA, San Diego, in 1978. It was the idea of Dennis Jay, who was a bartender at Springfield Wagon Work ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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24/7 Service
In commerce and industry, 24/7 or 24-7 service (usually pronounced "twenty-four seven") is service that is available at any time and usually, every day. An alternate orthography for the numerical part includes 24×7 (usually pronounced "twenty-four by seven"). The numerals stand for "24 hours a day, 7 days a week". Less commonly used, 24/7/52 (adding "52 weeks") and 24/7/365 service (adding "365 days") make it clear that service is available every day of the year. Synonyms include around-the-clock service (with/without hyphens) and all day every day, especially in British English, and nonstop service, but the latter can also refer to other things, such as public transport services which go between two stations without stopping. The ''Oxford English Dictionary'' (OED) defines the term as "twenty-four hours a day, seven days a week; constantly". It lists its first reference to 24/7 to be from a 1983 story in the US magazine ''Sports Illustrated'' in which Louisiana State Univers ...
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Franchise Agreement
A franchise agreement is a legal, binding contract between a franchisor and franchisee. In the United States franchise agreements are enforced at the State level. Prior to a franchisee signing a contract, the US Federal Trade Commission regulates information disclosures under the authority of The Franchise Rule. The Franchise Rule requires a franchisee be supplied a Franchise Disclosure Document (FDD) (originally called Uniform Franchise Offering Circular (UFOC)) prior to signing a franchise agreement, a minimum of fourteen days before signing a franchise agreement. Once the Federal ten-day waiting period has passed, the Franchise Agreement becomes a State level jurisdiction document. Each state has unique laws regarding franchise agreements. A franchise agreement contents can vary significantly in content depending upon the franchise system, the state jurisdiction of the franchisor, franchisee, and arbitrator. It overall provides the investor with a product, a branded name a ...
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Denny's
Denny's (also known as Denny's Diner on some of the locations' signage) is an American table service diner-style restaurant chain. It operates over 1,700 restaurants in many countries. Description Originally opened as a Diner, coffee shop under the name Danny's Donuts, Denny's was known for always being open and serving breakfast, lunch, and dinner 24 hours a day. Denny's did not close on holidays and nights, except where Blue laws in the United States, required by law. Many restaurants are located in proximity to freeway exits, bars, and in-service areas. Denny's started franchising in 1963, and most Denny's restaurants are now franchisee-owned. Franchise agreements require 24/7 service in most locations. Because of the impact of the COVID-19 pandemic on the restaurant industry in the United States, many Denny's had to close for the first time, and may now have limited hours of operation. History Denny's was founded by Harold Butler (businessman), Harold Butler and Richard ...
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Union Square Hospitality Group
Daniel Meyer (born March 14, 1958) is a New York City restaurateur and the Founder & Executive Chairman of the Union Square Hospitality Group (USHG). Background and early career Meyer was born and raised in a reform Jewish family in St. Louis, Missouri where he attended John Burroughs School. Meyer’s grandfather was a prominent Chicago businessman and philanthropist, Irving B. Harris. As a child, Meyer attended Camp Nebagamon for boys in Lake Nebagamon, Wisconsin. During college, Meyer worked for his father as a tour guide in Rome and then returned there to study international politics. Meyer was a Brother of the Alpha Delta Phi fraternity while at Trinity College in Hartford, Connecticut. After graduating from Trinity in 1980 with a degree in political science, Meyer worked in Chicago as Cook County field director for John Anderson's 1980 independent presidential campaign. Meyer gained his first restaurant experience in 1984 as an assistant manager at Pesca, an Italian seafood ...
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Starbucks Closure
Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world's largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of which were located in the United States. Out of Starbucks' U.S.-based stores, over 8,900 are company-operated, while the remainder are licensed. The rise of the second wave of coffee culture is generally attributed to Starbucks, which introduced a wider variety of coffee experiences. Starbucks serves hot and cold drinks, whole-bean coffee, micro-ground instant coffee, espresso, caffe latte, full and loose-leaf teas, juices, Frappuccino beverages, pastries, and snacks. Some offerings are seasonal, or specific to the locality of the store. Depending on the country, most locations provide free Wi-Fi internet access. Company overview Starbucks was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker at Seattle's P ...
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Yelp
Yelp Inc. is an American company that develops the Yelp.com website and the Yelp mobile app, which publish crowd-sourced reviews about businesses. It also operates Yelp Guest Manager, a table reservation service. It is headquartered in San Francisco, California. Yelp was founded in 2004 by former PayPal employees Russel Simmons and Jeremy Stoppelman. Yelp grew in usage and raised several rounds of funding in the following years. By 2010, it had $30 million in revenue, and the website had published about 4.5 million crowd-sourced reviews. From 2009 to 2012, Yelp expanded throughout Europe and Asia. In 2009, it entered unsuccessful negotiations to be acquired by Google. Yelp became a public company via an initial public offering in March 2012 and became profitable for the first time two years later. As of December 31, 2021, approximately 244.4 million reviews were available on its business listing pages. In 2021, the company had 46 million unique visitors to its desktop webpages ...
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