Due to the COVID-19 pandemic, The ONE Group Hospitality cut its workforce of about 4,000 employees to fewer than 100 workers.
Before the COVID-19 pandemic, there were a number of restaurants filing for bankruptcy.
The Senate late Wednesday passed a groundbreaking $2 trillion economic stimulus package intended to lift businesses and workers crippled by the COVID-19 pandemic.
Restaurant sales have declined rapidly at the national level over the last week, as evidenced by massive furlough programs and corporate-store shut downs in recent days.
Buffet chain Golden Corral announced the closure of its 35 corporate stores due to the impact of the coronavirus and that it has furloughed 2,290 employees.
Cracker Barrel announced Wednesday that eatertainment brand Punch Bowl Social has closed all of its 19 locations and laid off most of it
A $2 trillion stimulus package was struck by Senate leaders and the Trump administration in the early hours Wednesday, a move that will provide “big help and quick help” to the nation's businesses
Casual-dining company J. Alexander’s Holdings announced Tuesday that it is furloughing 3,400 workers until the COVID-19 pandemic subsides and it’s able to resume dine-in operations.
As COVID-19 numbers climb, shelter-in-place orders are issued in various states, and businesses shutter, restaurants are grappling with the unimaginable as it happens in real time.
BJ’s Restaurants announced Monday a range of actions that management and the Board of Directors are implementing to enhance the company’s liquidity given the business disruptions resulting from the