Latest Industry News Regarding COVID-19 – Week of May 4th

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 are providing our weekly newsletter below that also includes Compeat updates. We hope this helps you during this unimaginable time.

Compeat and Partner Updates

Keep your Dough until your Business Starts to Flow – Top Five Recession Checklist for your Restaurant

Do you have less employees that must do more these days? Are you not able to get to the office to pick up checks? Are you looking for a solution for cashless operations? Are you getting the best market price with every food item?  Are you looking for best practices to control your labor and food costs? With COVID-19 crisis, every restaurant operator should engage with these five no cost and big potential bottom line saving ideas…

Start Saving

Alternative Operation Strategies

Cheesecake Factory taking a deliberate approach to reopening

Cheesecake Factory’s sales volumes accelerated significantly in recent weeks, the company said Tuesday, doubling its average take from first-quarter off-premises levels—which were up to 22 percent of sales thanks to March shelter-in-place orders and an industry wide pivot away from dining rooms (off-premises mixed 17 percent the previous quarter). Here’s how…

Shake Shack plans off-premise focused ‘Shack Track’ experience stores during reopening phase

Shake Shack said it is preparing to reopen dining rooms with some restaurants, dubbed “Shack Track” stores, modifying exteriors by adding drive-thru lanes and walk-up windows to accommodate social distancing requirements. The new pickup option codifies makeshift off-premise pick up stations the New York City-based chain created when restaurants were forced to switch to takeout and delivery…

Restaurants make Mother’s Day special with meals to go

Like March Madness and Easter, Mother’s Day 2020 is going to be a very different scenario for restaurants. That Sunday in May typically is one of the busiest and most lucrative days of the year, according to the National Restaurant Association, with 87 million Americans taking mom out to brunch, lunch, or dinner in 2018. That same year, only 8% ordered takeout…

Restaurant Industry Tips & Data

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Treasury Makes a Restaurant-Requested Tweak in the PPP Forgiveness Rules

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COVID-19 Restaurant Reopening Data

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Restaurant Sales are Improving but it’s a Complicated Landscape

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Restaurants Doing Good

Sweetgreen launches ‘Plates’ for dinner at restaurants in response to coronavirus – Donates 1 Plate to essential workers for every purchase

…“With Plates, our goal is to​ help create meaningful connections and good-for-you dining experiences during times where it may seem hard to do so. We hope these new items invoke the warm, comforting feeling of home cooked food, paired with quality ingredients and rich flavors that are unique to Sweetgreen.” The chain is donating one Plate to healthcare workers for each Plate purchase…

Restaurants coming to the rescue amid COVID-19 

Although declining sales from mandated closures are forcing restaurants around the United States to layoff workers and temporality close in some cases, their willingness to help one another as well as health care workers battling the pandemic is inspiring. It’s not surprising, however, as the restaurant industry has always banned together to support their employees and communities…

Popeyes recruits out-of-work musicians to re-record jingle for pandemic era

With its latest social media-driven campaign, Popeyes looks to support an artist community that has been hit hard by the shuttering of live performance venues and coronavirus-related policies preventing large gatherings. The effort, which will compensate out-of-work musicians with cash…

Don’t forget, we are always here to answer any questions you may have.
Reach out to us anytime at 512-279-0771 or info@compeat.com.


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