Yelp says 60-percent of restaurants won’t reopen

Transcript

You’ve probably seen the notices posted on restaurant doors that say: ‘Temporarily closed due to Covid 19.’

Now it looks like a lot of those places are gone for good.

A new economic report from the business review site Yelp says 60 percent of restaurants that temporarily shut down because of the pandemic have since permanently closed.

Many small businesses have tried to adapt with online ordering and curbside pickup.

But the report says is not enough to pay the bills.

Yelp says as of two weeks ago nearly 16,000 restaurants on its site were out of business.

Yelp also says that clubs and bars are closing their doors at high rates too.

Posted – 7.25.20