Restaurant Closures: Yelp Data Indicates Restaurant Extinction β˜„πŸŒ‹

Data from Yelp’s latest Local Economic Impact Report indicates that the percentage of permanent to temporary business closures is rising, with permanent closures now accounting for 55% of all closed businesses since March 1. Alex looks at the report, discusses this trend, and theorizes what restaurants can do during these dismal times.

This is an excerpt from episode XX of Winner Take All. Watch the full episode here:

Originally Aired: 07/23/20

Increased Consumer Interest in May Correlates with COVID-19 Hot Spots in June, According to the Yelp Economic Average:

Subscribe to the Applico YouTube Channel

Filed under: Winner Take All | Topics:

Weekly Industry Newsletter

Top Posts

  • B2B Chemical Marketplaces and Tech Startups: Landscape and State of the Industry

    Read more

  • Platform vs. Linear: Business Models 101

    Read more

  • Amazon Business – 2020 Report

    Read more

  • Platform Business Model – Definition | What is it? | Explanation

    Read more

  • The Value of Digital Transformation: How Investors Evaluate “Tech”

    Read more