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Stock impact report

Some Restaurants Are Transforming Into Markets To Survive The Coronavirus Crisis [Forbes]

Texas Roadhouse, Inc. (TXRH) 
Last texas roadhouse, inc. earnings: 2/20 04:03 pm Check Earnings Report
Company Research Source: Forbes
Last week, the National Restaurant Association predicted industry sales to decline by $225 billion during the next three months, which will prompt the loss of between five and seven million jobs. The coronavirus has already wreaked significant havoc on restaurants, and even the most successful concepts have been hemorrhaging sales and laying off employees in droves. Although many restaurants have aggressively shifted from dine-in to off-premise-only models, plenty of consumers remain spooked nonetheless. A new report from Datassential A number of restaurants In an attempt to survive, some are evolving into bodega-like stores. Considering the ubiquitous photos of empty grocery shelves, such a transformation could be quite an opportunity for restaurants navigating this unprecedented challenge. If the supply is there Today In: That’s exactly why Los Angeles-based Dog Haus Worldwide has launched a new “Haus Market” model, opening up its pantry to provide some essential ingredients tha Show less Read more
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