How To Help Local Restaurants Bars And Cafes During The Coronavirus Lockdown
“There are more than 1 million restaurants in the U.S., employing 15.6 million people,” Marvin Irby, National Restaurant Association, interim president and CEO, told Newsweek. “More than 70 percent of these restaurants are small businesses that support their local communities — these local restaurants run on razor-thin pre-tax margins and they are facing an unprecedented cash flow crisis. “The foodservice industry was on track to have sales of $899 billion this year, but sales are already slowing and the loss of revenue will have a deep impact on the small business owners of local restaurants,” he says....