Page 5 - Roger Lipton News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Roger lipton. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Roger Lipton Today - Breaking & Trending Today

Pandemic fuels mergers and acquisitions in the restaurant industry

The restaurant industry has lost 110,000 restaurants, according to the National Restaurant Association. And, based on a Cowen analysis of the past three recessions, 90% of closures have occurred among independent operators who were ill-prepared for a prolonged pandemic that required full-service establishments to depend on off-premise sales to survive.
But it hasn t been bad news for all of the industry.
The purging of restaurants is expected to leave $39 billion in sales up for grabs, according to Cowen. That s created an opportunity for well-financed multi-unit operators and private-equity backed restaurant companies to strike.
These big restaurant players are seizing a moment in a crisis to increase market share by buying solid brands found flatfooted during the pandemic. ....

United States , New Jersey , Kelly Roddy , Kim Giguere Lapine , Ophir Sternberg , Roger Lipton , Mark Kalinowski , Trevor Boomstra , Tim Powell , Greg Flynn , Acquisition Corp , Goldman Sachs , Lipton Financial Services , Hospitality Group , Burgerfi International , Jimmy John , Flynn Restaurant Group , National Restaurant Association , Smith Wollensky Restaurant Group , Kalinowski Equity Research , Pizza Hut , Buffalo Wild Wings , Inspire Brands , Dunkin Brands , Legal Sea Foods , National Restaurant ,

Restaurant trends M&A, consolidation, menu cuts to escalate in 2021

You either panicked or you pivoted, said Stibel, founder and CEO of New England Consulting Group.
And going into 2021, those two paths still apply as thousands of restaurants hang by a thread with COVID-19 cases escalating across the US.
The end-of-year winter surge is prompting tighter restrictions for restaurants who are forced to, once again, rely heavily on delivery, carryout, and drive-thru orders to survive. And an estimated 110,000 restaurants have not survived, according to the National Restaurant Association.
Insider interviewed several industry experts to get their take on what lies ahead for 2021. Most said next year s playbook looks like an accelerated version of 2020. Operators will leverage technology to meet the needs of convenience-hungry consumers. Temporary menu slashes will become permanent. More consolidation is expected as private equity firms and multi-unit operators look to scale operations and grab market share. ....

United States , Gary Stibel , Roger Lipton , Juan Higueros , Chris Kempczinskiof Mcdonald , Papa John , Trevor Boomstra , White Castle , Greg Flynn , Del Taco , Goldman Sachs , Incentivize Solutions , England Consulting Group , Red Robin Gourmet Burgers , Softbank Robotics Group , Pizza Hut , S Ma Rt Restaurant Group , Chipotle Mexican Grill , Acquisition Corp , Lipton Financial Services , Hospitality Group , Taco Bell , Red Robin , Burgerfi International , Jimmy John , Flynn Restaurant Group ,

Don't get mad at fast food for COVID failures. Get mad at governments

Don't get mad at fast food for COVID failures. Get mad at governments
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.

United States , Los Angeles , Brooke Williamson , Eric Garcetti , Kevin Johnson , Roger Lipton , Gavin Newsom , Madeleine Davies , Andrew Charles , Angela Marsden , Los Angele , Los Angeles Times , Paycheck Protection Program , Pineapple Hill Saloon , Los Angeles Mayor Eric Garcetti , Business Insider , ஒன்றுபட்டது மாநிலங்களில் , லாஸ் ஏஞ்சல்ஸ் , ப்ரூக் வில்லியம்சன் , எரிக் காற்செத்தி , கெவின் ஜான்சன் , ரோஜர் லிப்டன் , கவின் செய்தி , ம்யாடலெந் டேவிஸ் , ஆண்ட்ரூ சார்லஸ் , ஏஞ்சலா மார்ஸ்டன் ,

Fast-food chains are vultures feasting on the carcasses of independent restaurants. But, the American government killed those mom-and-pop businesses in the first place.

Fast-food chains are vultures feasting on the carcasses of independent restaurants. But, the American government killed those mom-and-pop businesses in the first place.
[email protected] (Kate Taylor)
© Provided by Business Insider
Chains are swallowing up independent restaurants across the US. iStock/Getty Images; Samantha Lee/Business Insider
The death of independent American restaurants during the pandemic chains like McDonald s and Starbucks a natural villain.
Analysts say that fast food chains will likely benefit from the $39 billion in sales linked to tens of thousands of restaurants closing across the US.
But, the federal government is to blame for its failure to save these restaurants not fast-food chains. ....

United States , Los Angeles , Brooke Williamson , Eric Garcetti , Kevin Johnson , Roger Lipton , Gavin Newsom , Madeleine Davies , Wouw Mcdonald , Andrew Charles , Angela Marsden , Los Angele , Los Angeles Times , Paycheck Protection Program , Getty Images , Business Insider Chains , Business Insider , Pineapple Hill Saloon , Los Angeles Mayor Eric Garcetti , Business Insider Many , ஒன்றுபட்டது மாநிலங்களில் , லாஸ் ஏஞ்சல்ஸ் , ப்ரூக் வில்லியம்சன் , எரிக் காற்செத்தி , கெவின் ஜான்சன் , ரோஜர் லிப்டன் ,