An Extinction Event for America’s Restaurants
The American restaurant as you knew it died on March 19. That’s the day Governor Gavin Newsom issued a stay-in order to the citizens of California, the first in a 50-state cascade that brought to an end one of the most momentous and successful runs in the industry’s history.Sure, some of the restaurants you know and love will return. But anywhere from 20 to 80 percent will permanently close, according to the latest estimates.