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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.
In their Hospitality Law column, Todd Soloway and Michelle Pham explore some common issues that arise in M&A negotiations involving hospitality companies and provide guidance for how companies ...
The current outbreak of a new coronavirus disease (COVID-19) in Thailand is a crisis for the tourism industry and economy. [39] Foreign arrivals in March 2020 fell by 76% year-on-year, and tourist spending fell 78% year-on-year. [ 40 ]
Costco Recalls. Costco continues pulling products off its shelves as a wave of listeria contamination sweeps the country. Within the past week, the wholesale giant sent separate notices to its ...
The food system, including food service and food retailing supplied $1.24 trillion worth of food in 2010 in the US, $594 billion of which was supplied by food service facilities, defined by the USDA as any place which prepares food for immediate consumption on site, including locations that are not primarily engaged in dispensing meals such as recreational facilities and retail stores. [2]
The Caterer is a weekly UK business magazine for hospitality professionals. It covers all areas of the hospitality industry (including restaurants, hotels, foodservice, pubs and bars) providing news, analysis and features about senior industry professionals, businesses and trends. It also includes monthly reviews of the latest hospitality ...
In 2015 the United Kingdom hospitality industry employed around 2.9m people – around 9% of the UK workforce. [12] By employment, it is the UK's fourth-largest industry. The most jobs in the industry are found in London (around 500,000) and South East England (around 400,000); 18% of workers in the UK industry are in London.
In the United States the list of products that are in short supply included electronics, jewelry, clothing, pet supplies and home and garden items. [ 11 ] As the world economy has struggled to regain its footing amidst the events of the past few years, Chinese exports have skyrocketed in the global market, rapidly increasing production to cover ...