Big restaurant chains have done an admirable job navigating the coronavirus crisis. As a result, the future of the industry might look a lot like the present. The spread of the coronavirus, coupled with government-mandated lockdowns, wreaked havoc on the U.S. restaurant industry. Darden Restaurants, which operates sit-down chains like Olive Garden and LongHorn Steakhouse, said Thursday that comparable sales fell nearly 48% from a year earlier in the quarter that ended May 31, and are down by a third so far in June. Many smaller...
Source: Wall Street Journal June 26, 2020 09:33 UTC