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The business included a market and an oyster and sushi bar, but announced in June 2020 that it would not reopen because of COVID-19. Related: The Best Seafood Restaurant in Every State Joey C./Yelp
Signs on door of a Graeter's ice cream parlor in the Hyde Park neighborhood of Cincinnati during government-mandated closings. The COVID-19 pandemic impacted the United States restaurant industry via government closures, resulting in layoffs of workers and loss of income for restaurants and owners and threatening the survival of independent restaurants as a category.
During the month of April 2020 retail sales in Canada dropped 26.4% in a record decline for the second month in a row. [6] On July 31, 2020, Chico's Canadian subsidiary filed for bankruptcy. [7] In July 2020, DavidsTea announced it would close multiple stores amid the impact of the pandemic. [8]
The following retailers have all either closed or announced plans to close large numbers of retail locations, since 2010, during a time period labelled a "retail apocalypse" by media, accelerated by both the increase in online shopping and then by the economic impact of the COVID-19 pandemic.
A record 12,200 stores closed in 2020, according to Fortune, as COVID added new fuel to the already raging retail apocalypse, which had been trending for years before people had to mask up to ...
TGI Fridays has closed 50 locations this year, according to Restaurant Business, and this month alone, restaurants in Charlotte, North Carolina; Charleston, South Carolina; Grand Chute, Wisconsin ...
The Liberty Glass, a bar and "neighborhood institution" in north Portland, closed permanently in mid April "due to COVID-19-related financial concerns". [ 95 ] Twelve of 27 laid off Crush Bar employees staged a protest and accused the owner of "[breaking] the law by denying their use of accrued sick hours to cover lost wages".
Chains are on track to close the highest number of stores in 2024 than any year since 2020, when the Covid-19 pandemic decimated the industry. ... Around 9,700 stores closed in 2020, according to ...