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In this coronavirus world, the change of season means cooler temps are on the way and restaurants in the US and Canada will soon lose critical outdoor space.
Job markets in New Jersey, New York, Hawaii, Illinois and Alaska have been among the hardest hit from COVID-19 and the slowest to recover. That's not making the credit outlook any brighter.
A report from Marcus & Millichap says full-service restaurants are facing the brunt of the economic downturn sparked by the coronavirus pandemic, while limited-service eateries are well positioned to survive.
Dollar stores have been deemed as essential businesses and remained open throughout the pandemic, and as unemployment numbers increase, many households are struggling to make ends meet.