More Than Half Of Temporary Business Closures Now Permanent On Yelp

said Wednesday that 55% of U.S. businesses on the platform marked “temporary closed” are now “permanently closed,” a shocking statistic as local establishments likely struggle to stay afloat with social distance restrictions, mandatory closures and fearful consumers.... [+]The largest number of closures on Yelp are in the states with the highest numbers of Covid-19 cases: California, New York and Texas.

Las Vegas is the U.S. city with the most permanently closed businesses due to the drop in tourism, Yelp said. On a slightly positive note, the number of permanently closed businesses has decreased by 14% from June—with 66,290 businesses permanently closed on July 10. Restaurants are the most-closed businesses with 26,160 closures nationwide, though retail establishments are a close second at 26,119.

Yelp says that the rise of consumer activity on the platform in May correlates with increased Covid-19 cases in June: “As people began resuming common pre-pandemic activities across states like Florida, Nevada, South Carolina, Texas, Georgia and others—specifically frequenting restaurants, bars and nightlife, and gyms—a clear spike in Covid-19 cases within those locations followed,” says the report.

Not good. Jobs and tax revenue gone. We will need an oligarch tax to make up for it.

Great job Government. You wrecked small businesses. People’s lives. It’s not your job to pick and choose who can stay open. Educate, advise, and let people/businesses make their own choice on what to do. Stay the F out of deciding who can stay open

but what bout em confederate monuments

SHEEPLE 45👎

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

55% of businesses closed since March are now permanent, Yelp says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Geely's Volvo Cars sees wider market recovery on solid growth in ChinaVolvo Cars said on Tuesday it expects its business to recover in the second half of the year, even as the automaker reported an operating loss for the January-June period. If anyone thinks it's fake news that China has contained COVID19, these economic signs are undeniable and a direct rebuttal to that. No one can defy science and facts even if you are the most powerful man in the world, such as the President of the United States. Li Shufu and Chairman Xi their wives are sisters 「Peng Liyuan and Peng Lijuan」
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »