The restaurant industry is in collapse. More specifically, small restaurants have been crushed by the virus-induced recession. We've noted at least half of the restaurant closures on Yelp are now permanent.
The National Restaurant Association has determined that at least 15% of all restaurants will close. This number could be a lot higher at the end of the year as Goldman Sachs reports the economic recovery is now reversing.
Small restaurant operators, who fear a double-dip recession, have now resorted to liquidating their eateries on Facebook Marketplace.
A simple search of "restaurant" on Facebook Marketplace, within 80 miles of Trenton, New Jersey, comes up with dozens and dozens and dozens of mom and pop eateries that are trying to get out of the game.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
9 comments:
How when you get rid of stuff let me know or tell tree
so sad...
Don’t worry! Trump’s in charge!
The best will survive. There are way too many mediocre places with the same old fare and nothing unique to proffer above fast food except a server you have to wait forever for and then tip.
What he said
Here's where you're wrong 11:33 - The BEST WON"T survive.
Those like Secrets will survive and their food really sucks.
I can explain further but than this mite not get posted.
What DID he say?
I know what you mean. Like Secrets. Great spot to check out the ladies. But to actually have a meal?? It's a place you eat before you go.
Ha, ha.
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