Some restaurants chains have expanded aggressively in recent years, contributing to an over-saturated market and rising debt levels.
Because it’s uncertain how the pandemic will progress, it’s critical to plan for a wide range of scenarios.
As many as 80 percent of the trade shows and events held from March to mid-May haven been cancelled or postponed.
Industry insiders know the virus might be here for the long term. But that means shoppers and investors will eventually find a “new normal.”
If activity in Asia is any guide, expect a short-term dip in volume with a cautious recovery as the rate of infection slows.
The owner of the Venetian hotel and casino hopes that safety precautions will be enough.