Latest Industry News – Week of July 6th

Compeat Community,

Compeat is committed to doing all we can to help you stay informed with everything happening in the industry today.

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 are here to help restaurants thrive today and going forward.

Compeat Reminders and Updates

We’re Hard at Work for You – The Latest Product Improvements

Have you heard about Compeat’s newest product release, Compeat Pay?Compeat Pay is an automated payment processing service that takes care of ACH processing, check printing, envelope stuffing, and payment confirmation within our Advantage product.

To make life even easier for our Advantage customers using Compeat Pay we have added a convenient Compeat Pay button:

pay
For zero upfront costs, the rewards are endless-including increased payment security, hours saved for your accounting team and even dollars to your bottom line!

Contact us if you’d like more info.

Alternative Operation Strategies

Is your Restaurant Prepared for a Possible Second Wave of COVID-19?

As coronavirus numbers begin to rise again in certain regional hotspots like Texas and Florida, the restaurant industry — which is just starting to recover from months of closed dining rooms — will have to reckon with the possibility of another wave of COVID-19. But if states begin to go into complete lockdown again, how can restaurant owners be better prepared this time around? Disaster planning expert Patrick Hardy gives operators advice on handling the strong possibility of a second wave of the pandemic…

Why Restaurants Shouldn’t ‘86’ Marketing Efforts During COVID-19 – Top 5 ways to Connect with Guests

It is no surprise to anyone that the coronavirus pandemic is having a massive impact on almost every business. The restaurant and foodservice industry is among one of the hardest hit overall. With in-person promotional opportunities being extremely limited right now it’s hard to figure out how to promote your operation in a time when consumers are in constant conflict between their desire to treat themselves to their favorite restaurant dishes and their fear of staying safe during this COVID crisis. However, marketing is essential for restaurant operators to stay top of mind and survive this crisis…

Designing a Restaurant for a Socially Distant World

The hospitality industry has taken a massive hit with hotels and restaurants seeing sudden declines due to COVID-19, forcing some to close their doors for good. While some restaurants have remained open for takeout and delivery, providing literal comfort food for anyone hungry for some semblance of normalcy, we’re wondering what comes next as statewide measures to “reopen” are explored? Predicting the long-term effects of this pandemic on building codes and safety regulations is a challenge….

Restaurant Industry Insights

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An Employee has COVID-19, Should you Close your Restaurant?

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House Passes PPP Extension into Law

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Will the Uber Eats and Postmates Merger Lead to Lower Commision Fees?

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Restaurants Doing Good 

Union Square Hospitality Group to Convert 3 Venues to Community Kitchens

In a move described as “spring training” to help his New York City restaurants get back in action, Danny Meyer this week will convert three venues into community kitchens to prepare meals for food-insecure residents in South Bronx. The program is a partnership between Brookfield Properties, which has committed $1 million to support the effort, and Rethink Food, a nonprofit founded in 2017 to reclaim unused food from restaurant kitchens to feed those in need…

Denny’s Partners with St. Jude Children’s Research Hospital 

Denny’s Corporation announced a new partnership with St. Jude Children’s Research Hospital, which is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases.

Starting Monday, Denny’s will donate a portion of the proceeds to St. Jude for every meal ordered off the Denny’s kids’ menu to support the lifesaving mission of St. Jude: Finding cures. Saving children. The kid’s menu was designed with artwork created by St. Jude patient Marleigh, who has since completed her treatment for acute lymphoblastic leukemia…


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