Coronavirus Job Losses Hit Restaurants Hard in 2020 | Eater London

"Highlighted as an example of casual dining groups hit in 2020, this chain’s large estate was vulnerable to a pandemic-driven collapse in footfall but the deeper issue was overexpansion financed by private-equity debt; that combination turned the downturn into a crisis that forced closures. Reported in a CRR study showing a 76% rise in closures and almost 30,000 restaurant job losses, the business is depicted as likely to shed outlets and restructure rather than disappear entirely, a fate more often suffered by independent operators." - James Hansen