SCHH - What Happens After The Restaurants And Other Small Businesses Close
Many restaurants will not survive the lockdown phase of the coronavirus pandemic. The Souplantation/Sweet Tomatoes chain has shut down for good. Some restaurants will try to reopen but not last very long. Other small businesses, such as gyms and yoga studios, will permanently close as well. And it’s not just small businesses. FoodFirst Global Restaurants, which operates 92 locations, has filed bankruptcy. In other sectors, well-known names filing bankruptcy include Gold’s Gym, Hertz (HTZ), JCPenney (JCP), JCrew, Neiman Marcus (NMG), and Pier 1 Imports (PIRRQ)
Some have theorized that the closure of so many businesses