This resource center provides information and best practices to help manage through the Covid-19 crisis. Sign up today to have this information delivered to you.
Local, state and federal governments are stepping in with emergency fiscal stimulus packages to help businesses during these critical times. Stay on top of specific assistance that might be offered:
Building trust and loyalty with your customers has never been more important. View strategies and tips to help you manage engagement.
Take a look at the latest trends that Punchh is seeing across the restaurant industry.
Total traffic has increased by 0.1% from the previous week.
See how restaurants and c-stores are addressing COVID-19 in public forums.
Read daily coverage on the impact COVID-19 is having on restaurants and c-stores.
SUMMARY: As August begins, restaurants aided by government coronavirus loans in the spring, that helped eating establishments rehire laid-off employees and ride out the pandemic’s initial surge and wave of shutdown orders, are in trouble once again. The Paycheck Protection Program money has now been spent at many restaurants, leaving them in the same precarious position they were in during outbreak’s early days—forcing thousands of restaurants to close down again on mandates from state and local officials combating the virus’s resurgence, particularly in the South and West. Even in parts of the country where the outbreak appears contained, restaurants’ revenue are far below normal because of social distancing requirements, wary diners, fewer tables, fewer customers and limited hours.
With restaurant customers no longer making their morning commutes to their office as a result of the pandemic, McDonald’s, Starbucks, and Dunkin’ have reported breakfast sales are continuing to slump. The chains hope to make up lost breakfast sales by selling food and drinks later in the day, and have seen sales improve in these areas over the last several months. Additionally, as off premise orders continue to be a huge way for restaurants to bring in revenue at this time, 12 new virtual brands have been established across the country from companies including Brinker International.
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