A Path to Recovery Restaurants Can Subscribe To

It's no secret that the restaurant industry has been severely impacted by COVID, perhaps more than any other industry. There have been bright spots - the QSR sector, notably - and recent signs that a turnaround is underway, including Moody's upgrading its industry outlook to stable last month. But in general, restaurants have had to chart their own path to recovery.

That path lies in innovation and adaptation, both of which restaurants have demonstrated in spades. Full-service restaurants pivoted quickly to curbside pickup, takeout and delivery. They embraced third-party delivery services like Uber Eats as a lifeline to their customers, rushed to expand outdoor and street dining options to comply with distancing rules, and experimented with ghost kitchens to capitalize on customers' online migration.

Now, restaurants are turning to the subscription model as the latest step toward recovery.

Booming SubscriptionsThe subscription economy is not new, of course, and the…