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Coca-Cola sales dropped 28% in the second quarter due to the closure of restaurants, movie theaters and sports arenas, but the company says that the worst could be over. James Quincey, the company ...
Whether the movie theater and two restaurants will remain in Park West Village is unclear, but it is a goal for Bad Daddy’s Burger Bar. The restaurant is adjacent to B&B Theaters and Which Wich ...
The chain also reported a 1.2% rise in same-store restaurant sales, a 4.8% increase in menu prices, and a 5% drop in retail sales. Before its latest quarter, Cracker Barrel experienced declining ...
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
The sign on the door of a closed Regal movie theater in New York City, March 2020; Regal Cinemas reopened most of their theaters on August 21, 2020, re-closed them on October 8, 2020, and has been reopened since April 2, 2021. The opening March weekend saw a dramatically lower box office than the same weekend in 2019.
O’Leary notes while some restaurants have had to scale back or even declare bankruptcy, others are moving to less expensive locations or turning into commercial kitchens that specialize only in ...
The ad, written by screenwriter Billy Ray, was intended to spur theater attendance following the COVID-19 pandemic by highlighting the "magic" of the movie theater experience. In the ad, Kidman enters and sits alone in an empty AMC theater while delivering a monologue describing in heightened language the pleasures of the moviegoing experience ...
Amid escalating operational costs and changing consumer behaviors, the U.S. restaurant industry faces unprecedented closures, with financial strain evident across famed chains and local eateries.