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Restaurants are recovering from lost revenue in wake of the coronavirus pandemic, but many have remained closed for good, new data suggests. A staggering 132,580 businesses listed on the review website Yelp were closed as of July 10 as a result of COVID-19, according to its most recent Economic Average report. And while the industry continues to face devastating closures, the good news is that number is slightly down from 140,000 last month as reopenings continue. Cities such as San Francisco, New York, Las Vegas and Honolulu experienced the most temporary and permanent closures, according to Yelp. Texas, California and New York have the highest total number of closures, according to the report. Go to the link in our bio for more on this story.
Sunday, July 26, 2020
More than half of restaurants permanently closed
at 9:30 AM