WEATHERING THE PANDEMIC: THREE CORPORATE RESTAURANT CHAINS NAVIGATE THE CHOPPY WATERS OF 2020

Authors

  • Jan Serrano Francis Marian University

Keywords:

hospitality industry, covid, finance

Abstract

Restaurants were some of the businesses hardest hit by the COVID pandemic which began in 2020. For those that were able to survive the loss of customers in the onset of the pandemic, lack of staffing, supply chain issues, mask mandates and further shutdowns cast a cloud on the survivability of many others going forward. This case prompts students to evaluate the financial health of three different restaurant groups heading into the COVID pandemic and consider alternatives for boosting cash reserves in the face of uncertainty

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Published

2024-01-26

Issue

Section

Cases