Authorization

Restaurants are buying less food than before the pandemic as they struggle to stay afloat

Restaurants are buying less food than before the pandemic as they struggle to stay afloat

A waiter delivers food to a table at Bottino Restaurant in Chelsea as New York City restaurants open for limited capacity indoor dining on October 1, 2020 in New York.
BRYAN R. SMITH/AFP via Getty Images




Spending levels at 40,000 restaurants nationwide dropped significantly last year because of the coronavirus pandemic.




Restaurants in some states, including Wyoming and Wisconsin, had spending levels similar to those before the pandemic.




Restaurant operators were spending more on carryout boxes and bags as the demand for takeout and delivery increased during COVID-19.




Visit Business Insider's homepage for more stories.


Restaurants nationwide spent significantly less on food and other supplies last year as the coronavirus pandemic forced many eateries to temporarily shut down and host fewer in-store customers, new data shows. Around 40,000 restaurants nationwide spent 24.5% less on food and other items per quarter in 2020 than than they did prior to the pandemic, according to a report by Buyers Edge Platform, a digital procurement network for foodservice that tracked and analyzed restaurant purchases. Restaurants spent $2,700 each week purchasing food and products from their suppliers during the start of the pandemic last spring, down from $5,220 per week in the months prior.Spending on food and supplies was at its lowest level during the week ending March 22, falling 67.5%, as stay-home orders were enacted and restaurants temporarily closed to in-person dining, leading to mass layoffs. By the end of 2020, there had been a rebound, with restaurants spending $4,531 per week on food orders and other items.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Февраль 2021    »
ПнВтСрЧтПтСбВс
1234567
891011121314
15161718192021
22232425262728