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100,000 Restaurants On Track to Close This Year

via GlobeSt.com

At least 100,000 restaurants will close this year because of the pandemic, the National Restaurant Association recently predicted. Perhaps more surprising, the association also found that 60% of operators said their total operational costs, as a percent of sales, are higher than they were before COVID-19. Further, on average, restaurant operators say their staffing is just 71% of typical levels.

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