Analysis: From restaurants to retailers, virus transformed economies lmtribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtribune.com Daily Mail and Mail on Sunday newspapers.
From restaurants to retailers, how COVID transformed economies
Paul Wiseman And Alexandra Olson, The Associated Press A woman walks past a restaurant closed due to COVID-19, in Vancouver, on May 6, 2020. , THE CANADIAN PRESS/Darryl Dyck
NEW YORK It would be just a temporary precaution.
When the viral pandemic erupted in March, employees of the small insurance firm Thimble fled their Manhattan offices. CEO Jay Bregman planned to call them back soon as soon as New York was safe again.
Within weeks, he d changed his mind. Bregman broke his company s lease and told his two dozen or so staffers they could keep working from home possibly for good.
COVID-19 has transformed the economy. Which changes will stick? chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
From restaurants to retailers, virus transformed economies
by Paul Wiseman And Alexandra Olson, The Associated Press
Posted Dec 16, 2020 11:03 am EDT
Last Updated Dec 16, 2020 at 11:14 am EDT
Chef Proprieter Brenda Buenviaje smiles as she is interviewed at Brenda s French Soul Food in San Francisco, Wednesday, Dec. 9, 2020. In pre-pandemic days, Brenda s French Soul Food was always hopping, but everything came to a screeching halt on March 16, when San Francisco halted indoor dining to stop the spread of the coronavirus. It reopened for takeout and delivery, and Buenviaje is now shipping meals nationwide through a service called Goldbelly. (AP Photo/Jeff Chiu)
NEW YORK It would be just a temporary precaution.
NEW YORK It would be just a temporary precaution.
When the viral pandemic erupted in March, employees of the small insurance firm Thimble fled their Manhattan offices. CEO Jay Bregman planned to call them back soon as soon as New York was safe again.
Within weeks, he’d changed his mind. Bregman broke his company’s lease and told his two dozen or so staffers they could keep working from home possibly for good.
The gains were at once unexpected and immediate. Bregman is saving money on rent. He no longer has to persuade recruits to relocate to a crushingly expensive city. He’s increased his staff by 20% and for the first time added new hires in Texas and California.