Governor Andy Beshear keeps calm and carries out: “Ordering take out helps our small businesses through this tough time.”
Josh Noel writes about beer, food and business for the Chicago Tribune.
Stacy Roof covers the waterfront at the Kentucky Restaurant Association. The question is simple: Is 30% to 40% enough?
Kentucky restaurants are only making a third of their normal revenue, association says, by Haley Cawthon (Louisville Business First)
We are now two weeks into the mandatory dining room closure for Kentucky restaurants and revenues are falling significantly.
The Kentucky Restaurant Association (KYRA) told me that operators are making 30% to 40% of what their revenues were before the coronavirus pandemic. Additionally, about a third of the state’s 200,000 restaurant staffers are now unemployed or furloughed, said KYRA President and CEO Stacy Roof.
“I think most [restaurants] will be in survival mode most of 2020,” Roof said. “Losing and moving events like Derby completely changes their year.”
In the U.S., the restaurant industry has lost more than 3 million jobs and $25 billion in revenue since March 1, according to a survey conducted by the National Restaurant Association. More than 40% of restaurants across the country anticipate closing temporarily, while 11% expect to close permanently within the next 30 days.
Our cover: Dakshin South Indian Restaurant.