With stimulus cash running out, consumer spending is dropping like a rock.
+ Restaurant Stock Performance Says it All
+ CDC’s Comorbidity Data is Very Helpful
+ Assessing the Lockdown’s Impact
+ Executive Summary for BK & Jersey Mike’s
This issue of RR’s Road to Recovery includes an interview with one of the largest IHOP and Applebee’s operators in which we discuss the path of recovery. This issue also includes results from our TraffiCast forward looking consumer survey which is not as bad as we anticipated. Lastly, we provide closure & re-opening benchmarks from Yum China & Starbucks China.