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How Coronavirus is Impacting Restaurants

Aaron Allen & Associates

March 18, 2020 Subway Reduces Franchisee Royalties by Half Expecting at least two months of steep sales declines, Subway — the largest fast food chain measured by number of units — reduces royalties and ad funding by 50% for its franchisees, in addition to offering to support operators with rent abatement, reduction, and deferral.

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How Coronavirus is Impacting Restaurants

Aaron Allen & Associates

March 18, 2020 Subway Reduces Franchisee Royalties by Half Expecting at least two months of steep sales declines, Subway reduces royalties and ad funding by 50% for its franchisees, in addition to offering to support operators with rent abatement, reduction, and deferral. Ignoring macro risks is riskier than ever. March 19, 2020.

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How Both Alinea and Tock Are Thriving Through the Pandemic

EATER

Meanwhile Tock, a reservations platform that should be in deep trouble as bookings for dine-in experiences go to zero, just raised $10 million. I saw their reservations go from 96% occupancy to zero. Nick Kokonas is an owner of both operations. Daniel Geneen: Nick Kokonas, thank you for coming on the show. Clair Supper Club.

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How to Cook a Direwolf

EATER

It was April 2017, a seventh season of the show would air in a couple of months, and a friend had come to Chicago to attend this dinner with me, not because we loved Game of Thrones — neither of us had watched for years at that point — but because the idea of a fannish dinner was exciting. This version was dyed with squid ink.)

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Eric Rivera Is Playing the Game 

EATER

On March 11, Rivera returned to Seattle and a calendar with reservations booked well into the next year. Addo used the Tock app for dinner reservations, but soon began using it to schedule carryout instead. In the late aughts, Rivera ran his own mortgage insurance and financial services business when the Great Recession hit.