International News

How Coronavirus Decimated The Restaurant Industry Overnight

PUBLISHED: Sat, 11 Apr 2020 16:00:01 GMT

Restaurants in the U.S. are reeling from city and state-wide initiatives that shut down many restaurant dining rooms essentially overnight. As Americans stay inside and refrain from going out to eat, small and independently owned restaurants are facing massive uncertainty, and they are doing their best to accommodate accordingly. In the interim, the National Restaurant Association estimates that 3 million industry employees have already lost their jobs, and restaurants nationwide will take a $22

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.