Friday, July 24, 2020

60% of the Restaurants on Yelp That Shut Down Temporarily Are Now Permanently Closed

Imagine working for years to turn your restaurant into a successful business, which is incredibly hard to do, and then to have the rug pulled out from underneath you in an instant due to government mandates and media hysteria. This has not only happened in America, but also across the world. While big chain restaurants are better able to absorb the hit, local restaurants have been forced to permanently close.
Mashable summarizes the report:
Yelp’s Economic Average report out Wednesday shows exactly how tough: 60 percent of the 26,160 temporarily closed restaurants on the business review site as of July are now permanently shut. Temporary closures are dropping, and permanent shutdowns are increasing.
The Mashable article goes on to give us some “good news” about how patrons are now more concerned than ever with giving their business to black-owned establishments.
It wasn’t all bad news for businesses trying to make it during the pandemic, though. Black-owned business searches soared compared to this time period last year. Yelp searches from May 25 to July 10 showed more than 2,500,000 searches for Black-owned businesses, a 7,043 percent increase compared to overall searches in 2019. Black-owned restaurants are the most popular search, up 2,508 percent from last year.
So if you are a White business owner who has been able to weather the storm, you will have a hard time competing with black businesses moving forward into the era of “woke” capitalism. It’s what George Floyd would have wanted, I am sure.
People’s businesses, and their very lives, have been ruined because of a fake pandemic, made “real” through fraudulent testing and death certificates, while big banks and businesses rake in massive profits and take trillions in taxpayer handouts.

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