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The state of the New York City restaurant industry is in dire straits. July proved to be another disastrous month for restaurants, bars, and nightlife establishments across the city with a majority …
Read moreVast majority of NY restaurants financially ruined and unable to pay July rent
The restaurant industry is in collapse. More specifically, small restaurants have been crushed by the virus-induced recession. We’ve noted at least half of the restaurant closures on Yelp are now permanent. The National Restaurant Association has determined that at …
Read moreThe Sad Reality: Dying Restaurants Are Rushing To Liquidate Assets On Facebook Marketplace
It’s tough out there for restaurants and other small businesses. Yelp’s Economic Average report out Wednesday shows exactly how tough: 60 percent of the 26,160 temporarily closed restaurants on the business review …
Read moreMore Than Half Of Restaurants Temporarily Closed Are Now Permanently Shuttered