Yelp Report Reveals Increase in Permanent Restaurant Closures
In April, after most of the United States had been in shelter-in-place or under “lockdown” orders for a month, the National Restaurant Association (NRA) reported that sales losses for the restaurant industry could total up to $240 billion by year-end. Their research, which included a survey of more than 6,500 restaurant operators, found that 4 in 10 restaurants in April were closed. Now, four months into the pandemic, a new report released by Yelp reveals that the number of permanent restaurant closures is only increasing...
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