1 in 4 restaurants may not reopen

[rennigade]

I hate it when people only think of themselves rather than the impact on everyone...maybe its just the way people are raised...us aussies tend to step up and fight things together..always have its not an individual thing..I just hope things get better for all those impacted by the covid virus...not just the sick and their families but everyone

You do realize that the population of your entire continent is the same size as the greater LA area in the united states? Its much easier to keep numbers down when there's fewer people.

[~bs]

You do realize that the population of your entire continent is the same size as the greater LA area in the united states? Its much easier to keep numbers down when there's fewer people.

Plus it's easier to quarantine an island, which australia basically is. A large island with very hot climate (slows down virus spread) and low population density. My state and Alaska has pretty effectively eliminated the spread of the virus, but that's because it's much easier if you limit the travel of potentially infected people into the state. The current recovered vs infected rate is 90% or higher. Something like 40 active cases in a state of 1.2M. I'm not sure what the percentage of that is, but it's absurdly small

[myrdale]

Restaurant margin is slim enough.

I put this in the same category as deaths in nursing homes. Every loss soul from this virus is an absolute tragedy. When you hear the monthly mortality rate has increased 300% in a nursing home it is absolutely horrifying, but when you consider the average duration is <6 months it puts it into a bit more perspective.

Similarly with restaurants, I've watched many in my area that only make it for a few months and then fail under normal conditions. A quick google search of average lifespan of restaurants states 5 years, with up to 90% failing in the first year.

[disneysteve]

Similarly with restaurants, I've watched many in my area that only make it for a few months and then fail under normal conditions. A quick google search of average lifespan of restaurants states 5 years, with up to 90% failing in the first year.

We're going to see a lot of businesses, not just restaurants, close up in the wake of the pandemic and the press release will say they closed due to COVID. The truth is that they were hemorrhaging money before COVID hit and the pandemic just put them out of their misery. Pier 1 just did that yesterday. Going out of business due to COVID? Not quite. They filed for bankruptcy and closed 400 stores in February before COVID. The shutdown was just the final nail in the coffin.

[bjl584]

We're going to see a lot of businesses, not just restaurants, close up in the wake of the pandemic and the press release will say they closed due to COVID. The truth is that they were hemorrhaging money before COVID hit and the pandemic just put them out of their misery. Pier 1 just did that yesterday. Going out of business due to COVID? Not quite. They filed for bankruptcy and closed 400 stores in February before COVID. The shutdown was just the final nail in the coffin.

I've seen countless business come and go in my home town.
Most are small niche type stores opened without a plan or market research.
Covid will kill businesses, but a lot of them die natural deaths anyway.
Seems like the survivors are as always, nimble businesses who have done their due diligence, can adapt to change quickly, and are following a well thought out strategy.

[disneysteve]

I've seen countless business come and go in my home town.
Most are small niche type stores opened without a plan or market research.
Covid will kill businesses, but a lot of them die natural deaths anyway.
Seems like the survivors are as always, nimble businesses who have done their due diligence, can adapt to change quickly, and are following a well thought out strategy.

And who didn't go into debt up to their eyeballs to fund the business. Also those who kept a healthy cash reserve on hand to help ride out tough times. Business finance isn't really any different than personal finance. The rules are the rules.

[mumof2]

You do realize that the population of your entire continent is the same size as the greater LA area in the united states? Its much easier to keep numbers down when there's fewer people.

Yes i do realise this and said it earlier in a post...but our state we have had really low numbers because we are doing the right thing..other states numbers are still climbing because they aren't doing the right thing and their state are wanting the borders open and the rest of are like no as they still have active cases and we don't...but it does help when people do the right thing and not disobey protocols

[mumof2]

Plus it's easier to quarantine an island, which australia basically is. A large island with very hot climate (slows down virus spread) and low population density. My state and Alaska has pretty effectively eliminated the spread of the virus, but that's because it's much easier if you limit the travel of potentially infected people into the state. The current recovered vs infected rate is 90% or higher. Something like 40 active cases in a state of 1.2M. I'm not sure what the percentage of that is, but it's absurdly small

yes it can be easier but it is also almost winter here and flu season so not hot at all to slow down the virus...again not all states follow protocol and still have active cases unlike our state who has followed protocols and have no active cases...but i thought the states borders over there were closed as well??

[Snave]

We are in Columbus, Ohio and are part owners of an "upper-casual" we will call it, restaurant. We were allowed to open patios last Friday and inside tomorrow. We are opting to open on 6/1 though. We are downtown and there are few businesses that are even back, so the loss of business lunches, etc... will definitely impact our revenue. Additionally, Columbus has already cancelled many festivals which drive a ton of our business. It won't be a pretty year, but we are doing the best we can. Fortunately we have one of the best patios in Columbus so that will hopefully help. It is going to be very interesting for the next year or so until everyone becomes more comfortable venturing back out. Several places have already closed their doors in our area, so we are waiting to see what happens with others. Fortunately, we are very well run and plan on bringing everyone back for the most part.

[disneysteve]

yes it can be easier but it is also almost winter here and flu season so not hot at all to slow down the virus...again not all states follow protocol and still have active cases unlike our state who has followed protocols and have no active cases...but i thought the states borders over there were closed as well??

Nope. State borders didn’t close. Air travel wasn’t shut down. People have been able to continue to travel around the country spreading disease freely. The response here has been woefully inadequate.

[disneysteve]

Until everyone becomes more comfortable venturing back out.

This is such an important point. Everyone is focused on reopening but that doesn’t mean customers will return. Nearly everyone I speak to at work and friends online has said they have no intention of going out anytime soon. Some are older and/or have health issues that put them at higher risk. Or they are concerned not about getting sick themselves but passing it on to their parents or other family members.

I’m very active in the Disney fan community and while we all want to see the Disney parks reopen, very few of my Disney friends plan to venture back to the parks for a while. I myself cancelled my annual pass a few days ago. I don’t see us returning until sometime next year making 2020 the first year in a very long time we won’t have visited at least once.

But even dining out isn’t something we’re going to rush back too. That’s higher risk by default because nobody will be wearing masks.

[mumof2]

Nope. State borders didn’t close. Air travel wasn’t shut down. People have been able to continue to travel around the country spreading disease freely. The response here has been woefully inadequate.

wow they shut down all our borders and no flights between states the only people allowed to cross borders (which are policed 24/7) are the truck drivers and essential workers...and they are tested at the borders so if they have a fever any kind of symptoms then they have to go home and get another driver to do the deliveries...that was done pretty early...no wonder yours is spreading like wildfire....and I also know you have many more people than we do but I do think they should have shut your borders

[disneysteve]

wow they shut down all our borders and no flights between states the only people allowed to cross borders (which are policed 24/7) are the truck drivers and essential workers...and they are tested at the borders so if they have a fever any kind of symptoms then they have to go home and get another driver to do the deliveries...that was done pretty early...no wonder yours is spreading like wildfire....and I also know you have many more people than we do but I do think they should have shut your borders

They should have done a lot of things here. They didn't and we continue to pay the price for the lack of action.

[rennigade]

wow they shut down all our borders and no flights between states the only people allowed to cross borders (which are policed 24/7) are the truck drivers and essential workers...and they are tested at the borders so if they have a fever any kind of symptoms then they have to go home and get another driver to do the deliveries...that was done pretty early...no wonder yours is spreading like wildfire....and I also know you have many more people than we do but I do think they should have shut your borders

Again, much easier to shut down when there are far less people. A quick search shows the US has 323,000,000 more people than australia. On paper, it sounds simple. Yep, just close everything, shut down all flights, close all roads/borders, etc etc.

Imagine if back in early Feb it would have been announced that all international flights and domestic flights were going to be cancelled. People would have rioted. This was a zero win situation for everyone. There is/was no scenario that would please everyone. Ive always disliked the hindsight is 20/20 comments. Its silly talk. Its easy to preach after the fact on what should have happened.

[bjl584]

Its easy to preach after the fact on what should have happened.

Sounds like 99.9% of social media..