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Before COVID-19, it wasn't hurting for business, either, reportedly serving roughly 500,000 patrons each year. Still, the 82-year-old restaurant closed in May 2020 due to "the economics associated ...
Victoria Station – one restaurant remained open in Salem, Massachusetts until it was abruptly closed in December 2017 [13] VIP's – Oregon-based restaurant chain; Wag's; Weenie Beenie; Wetson's; Whiskey Soda Lounge – Portland, Oregon and New York City; White Tower Hamburgers
Pain was on the menu this last year on the Fresno-Clovis restaurant scene. ... and even Foster’s Freeze fought and failed to keep two locations from ... and more than 20 each in 2019 and 2018.
The National Restaurant Association estimates that 30 percent of restaurants fail in their first year. It takes much more than creating a menu and hiring chefs and servers for a restaurant to survive.
A restaurant that is to-go only due to laws created to stop the spread of the coronavirus. In March 2020, restaurants' daily traffic dropped precipitously as the virus spread, compared to the same period in 2019. [25] According to NPR's Yuki Noguchi, "Just about every restaurant nationwide has been hit hard at once, making this disaster unique."
At least 10 restaurant chains, not including multi-unit franchisees, have filed for bankruptcy in 2024. August alone brought three Chapter 11 filings from notable eateries.
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More than half of establishments inspected received a perfect score.