Latest Industry News Regarding COVID-19 – Week of April 20th

Compeat Community,

Given the intense impact the Coronavirus (COVID-19) is having on our industry, we want to let you know that Compeat is committed to doing everything we can to help you stay informed.

We have aggregated industry data, tips and strategies in one place for you here and provide our weekly newsletter below that also includes Compeat updates. We hope this helps you during this unimaginable time.

Compeat and Partner Updates

Have Restaurants’ Same Store Sales Hit Rock Bottom? Is it time to reopen? COVID-19 Data Impact on the Restaurant Industry

Compeat data appears to say yes. It looks like our customers are figuring it out and same store sales are starting to improve.

COVID-19 has wreaked havoc on our industry and our Compeat customers. In order for all of us to manage our businesses through this crisis, we wanted to share what we are seeing as we look across our customer base and across the nation. Here are our Top 10 Key Data Insights from the Compeat Customer Base…

Come Back Stronger than ever with a Compeat Advantage Database Spring Clean (Part 2) – April 23rd at 2:00 PM CT

Free Webinar: As a continuation to the Compeat Database Spring Clean Part 1, Compeat experts Katie and Jason will walk you through more best practices for spring cleaning your database and give you insider tips on how to best streamline your inventory operation processes…

Disaster Relief, WOTC, and Employee Retention Credits

We know during these uncertain times, many restaurants are struggling. It is a good time to be reminded of federal incentive programs such as the disaster relief, WOTC, and employee retention credits. Restaurants impacted by a natural disaster dating back to 2017 or COVID-19 may be eligible to receive up to $2,400 per retained employee. WOTC credits may be up to $9,600 per employee. Synergi Partners is offering a free evaluation to Compeat clients…

Alternative Operation Strategies

How Cousins Subs Rolled Out Curbside Pickup in 2 Days

In the wake of the COVID-19 pandemic, Cousins Subs has been able to make some swift IT and operational changes that have helped keep the sandwich shop chain serving customers. The sandwich shop has added curbside pickup to all 100 of its stores…

Mastering Cost Free SEO for Restauranteurs

With the world of takeout and delivery now being the only way to drive revenue, now is the time to make sure that consumers can easily find you online. Do not leave it to chance that search engines will automatically list your website when a search is conducted. 92% of consumers will pick a business on the first page of local search results…

Tip Pools in the Era of COVID-19 and Takeout-Only Operations

Restaurants have reacted to the COVID-19 crisis and state and local shutdown orders by shedding staff and limiting operations to delivery, takeout, and drive thru. Both approaches implicate tip pool compliance issues. Restaurants should take proactive steps now to guard against class action litigation for unlawful tip pools once the crisis passes…

Restaurant Industry Tips & Data

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National Restaurant Association COVID-19 Resources Hub 

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Senate to Inject $310 Billion Into Paycheck Protection Program

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Blueprint for Recovery – Restaurant Industry Fighting for Additional and Targeted Relief

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State by State Reopenings and Restrictions

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Restaurants Doing Good

Shake Shack returning $10 million government loan meant for small businesses

With the Paycheck Protection Program already out of money, the burger chain says other restaurateurs need its loan more than it does. “Our people would benefit from a $10 million PPP loan, but we’re fortunate to now have access to capital that others do not,” they wrote. “Until every restaurant that needs it has had the same opportunity to receive assistance, we’re returning ours.”…

José Andrés and his nonprofit aim to reopen hundreds of restaurants while feeding needy people

We are blown away by the goodness of our amazing customer, José Andrés with ThinkFoodGroup, who has launched a pilot program with World Central Kitchen that will feed vulnerable communities across the country while also helping hundreds of restaurants by reopening their kitchens…

Chick-fil-A creates $10.8 million fund for franchisees to spend on local communities

Atlanta-based Chick-fil-A has created a $10.8 million community relief fund that will be distributed through its network of more than 1,800 franchisees. The local restaurant owners will distribute funds to local communities in the form of food donations or items for first responders, health care workers, or Chick-fil-A employees and their families…


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