National Restaurant Association: We Need Help!

6 Min Read By MRM Staff

As the National Restaurant Association is anticipating sales to decline by $225 billion during the next three months and prompt the loss of between five and seven million jobs, the organization urged the federal government to take aggressive action now to rescue the restaurant industry, the nation’s second largest employer.“The restaurant industry is one of low margins, tight cash flow, and a workforce that depends on us for their livelihood,” Sean Kennedy, EVP of Public Affairs, wrote in a letter addressed to federal officials. “Without aggressive action from the federal government, many restaurants that are a staple of local communities will simply never resume service.”

The Association proposed three separate categories of protection for industry restaurants and employees: directed/targeted financial relief; loans/insurance options for impacted small businesses; and tax measures.

The restaurant industry is one of low margins, tight cash flow, and a workforce that depends…