The National Restaurant Association is asking the federal government for financial relief for the industry as it forecasts sales declines of $225 billion over the next three months due to the coronavirus outbreak.
The lobbying group is predicting the loss of between 5 million to 7 million jobs — more than a third of the total U.S. restaurant jobs — if the restaurant industry is shut down for three months.
At least two dozen states across the country have mandated that restaurants close their dining rooms, while some national restaurant companies are shifting to takeout, drive-thru or delivery service only across the country. Full-service restaurants saw their traffic decline by 3.7% in the week ended March 8, according to Black Box Intelligence…
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