Food Almost 16,000 Restaurants Have Closed Permanently During The COVID-19 Pandemic
Green tea: an ally against food allergies?
© wenn A new study suggests that drinking green tea may help people with food allergies. Researchers at the University of Shinshu in Japan have found that certain gut microbes can affect the way the immune system responds to certain allergens, and found that the number of flavonoids, a diverse group of phytonutrients, can positively improve bacteria. in the intestine.
As the COVID-19 pandemic rages on, we continue to get a clearer picture of how deeply it has affected the food industry, specifically. In the most recent instance, Yelp reported that almost 16,000 restaurants have permanently closed since coronavirus surfaced in the U.S.
In the new report, previouslyby Business Insider, that as of July 10, there have been 26,160 total restaurant closures in the U.S., according to data from its platform. Of those closed restaurants, 15,770 have now permanently closed, AKA 60 percent of all closed restaurants are permanent closures as of this date. This amounts to 2,956 more permanent closures since June 15, a 23 percent increase in permanent closures in just over a month. (It's worth noting that Yelp's data is based on the restaurants listed on its platform, which it has , but industry experts say we'll have to wait until official government reports to get the full scope of closures).
This Beloved Pizza Chain May Have to Close 250 Locations
After struggling throughout the pandemic and temporarily closing over 40 locations, this popular pizza chain finally had to declare Chapter 11 bankruptcy.On July 30, the California-based pizza chain officially submitted the paperwork. It cited financial troubles due to the COVID-19 pandemic as the cause of its bankruptcy declaration, according to Nation's Restaurant News.
In addition to those shocking numbers, the Yelp report also noted thathave now surpassed the retail industry to make up the highest total business closures since the pandemic began.
The bar and nightlife industry has been similarly decimated. Despite being six times smaller than the restaurant industry, it has also seenwith roughly 5,454 total business closures, 2,429 of which are classified as permanent closures, making the industry's permanent closures 44 percent.
A bulk of total business closures are in highly populated cities like Los Angeles, New York, and generally in larger states like California and Texas. This data comes as many restaurants have reported locations closures from small businesses to. In April, the said that the restaurant industry expects to lose $80 billion in sales by the end of that month and up to $240 billion by the end of 2020.
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