A report from Marcus & Millichap says full-service restaurants are facing the brunt of the economic downturn sparked by the coronavirus pandemic, while limited-service eateries are well positioned to survive.
The report says many of the nearly 400,000 full-service eateries doing business before the coronavirus pandemic will "struggle to survive."
The coronavirus pandemic sparked a myriad of shutdown orders across the US this year, forcing swathes of businesses to close their in-person operations in an effort to reduce the virus' spread.
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Ryan Tarinelli
Ryan Tarinelli is a reporter at the New York Law Journal. He is based at the New York State Capitol in Albany, New York. He can be reached through email at [email protected]. Follow him on Twitter: @ryantarinelli.
