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Restaurant chains at risk of bankruptcy amid pandemic - Business Insider

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Restaurants are filing for bankruptcy at a staggering rate — and these 7 companies could be the next to default

— which operates more restaurant locations than any other franchisee in the US.

Many of the publicly traded companies that are most at risk are sit-down chains, such as Outback Steakhouse and Denny's. Concepts that mix food and entertainment, such as Dave & Buster's, are also struggling. "Nearly every big chain has done something to support its balance sheet," James Rutherford, a vice president and research analyst at Stephens Inc., told S&P Global. "The place I do see risk for default is going to be with franchisees."

 

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Confirmed Coronavirus Cases in U.S. Children Rose By 90% in About Four Weeks This Summer, Bringing the Total to Over 380,000

There has been a 90% increase in Covid-19 cases in US children in the last four weeks, report says

Coronavirus infections in Florida children surge 137 percent in a month

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