Nearly 16,000 restaurants have closed permanently due to the pandemic, Yelp data shows – ABC News
Volatility has been a kiss of death for thousands of restaurants during the coronavirus pandemic.
Abrupt closures, inconsistent reopenings, changes in public health guidance for operations and other state-mandated orders have pushed the food service industry to the brink.
New data from Yelp revealed the stark reality of permanent closures for an alarming number of restaurants, which already ran on thin margins.
The review site’s latest Local Economic Impact Report, released Wednesday, showed …