CORONAVIRUS

Many Restaurants Face Closures By End Of 2020

Sep 17, 2020, 9:06 PM | Updated: Sep 18, 2020, 10:04 pm

SALT LAKE CITY, Utah – Alarming new numbers for the restaurant industry have been released this week estimating $240 billion in losses by the end of 2020. One-hundred-thousand restaurants across the country have permanently closed in the last six months, including many in Utah.

When you walk through the streets of Downtown Salt Lake City, they look a little different these days. With people working from home, and events canceled, that’s meant less foot traffic, causing some restaurants to close. Owners worry it is just the beginning.

Covid has changed the way people dine, if they choose to do so at all.

“It’s unfortunate to see our community kind of in peril,” said Joey Cannella, owner of Taco Taco, Cannella’s

After 42 years, the Cannella family closed their restaurant because of COVID. Joey Cannella tried to keep it going but with profits down, and no more PPP money, he didn’t have a choice.

“It’s a tough thing to swallow and it is out of our control,” he said.

The National Restaurant Association came out with a new survey that warns 40% of restaurants could face the same future by the end of the year. Reporting 1 in 6 restaurants have closed in the last six months, not to Cannella’s surprise.

“I mean it hurts but no,  I would say 1 in 6 is conservative,” he said. 

Other  restaurant owners said downtown spots are more effected than others.

“I feel like the suburbs have fared much better as well. I think the city is really taking it on the chin,” Cannella said. 

His other restaurant Taco Taco has cut down their staff by more than half. Cannella got help with PPP, but thinks the government missed the mark on the rollout of the funds and changed the rules on spending it too late.

“And to know that a lot of the money went to places that didn’t really need it,” he said. 

The National Restaurant Association is asking Congress to get a program going specifically for the service industry. Cannella stands by that idea and thinks if things were clearer from the beginning, he wouldn’t have had to close one of his restaurants.

“You don’t want to go out on something that is not your fault… right?” he said. 

He’s hoping there will be changes by the end of the year.

“Lets take 2020 and learn from it.. because you know, there were a lot of mistakes made,” he said. 

 

KSL 5 TV Live

Top Stories

Coronavirus

CHICAGO, ILLINOIS - SEPTEMBER 09: A pharmacist prepares to administer  COVID-19 vaccine booster sho...
Jed Boal

University Health recommends getting omicron booster and flu shot now

The CDC approved the COVID-19 bivalent boosters that target the most recent omicron variants on September 1. Since then, tens of thousands of Utahns have rolled up their sleeves.
6 days ago
FILE: Pfizer-BioNTech COVID-19 (left) and Moderna COVID-19 (right) vaccines are seen at a vaccinati...
Jed Boal

Despite reaching 5,000 deaths, Utah’s COVID-19 numbers are down

The director of the World Health Organization said yesterday about COVID-19, “the end is in sight,” even if we are not there yet.
17 days ago
FILE PHOTO (Photo by Al Bello/Getty Images)...
Associated Press

WHO: COVID end ‘in sight,’ deaths at lowest since March 2020

The head of the World Health Organization says the number of coronavirus deaths last week was the lowest reported number in the pandemic since March 2020, marking what could be a turning point in the years-long global outbreak.
17 days ago
A school classroom with chairs and desks...
Brooke Williams

Project to provide air purifiers in Utah K-12 classrooms

Cleaner air improves student performance, decreases COVID transmission and school absenteeism. New project provides air purifiers for classrooms in Utah.
18 days ago
SHANGHAI, CHINA - JULY 08: People walk by a closed store at a neighborhood designated as a medium-r...
Laura He, CNN Business

Zero- COVID-19 at what price? Chinese researchers are treading on sensitive ground

Authorities in Shanghai have denied a report by a leading Chinese real estate research firm that claimed more than a third of shops in a major mall had been shuttered because of strict COVID-19 curbs.
20 days ago
FILE: Pfizer-BioNTech COVID-19 (left) and Moderna COVID-19 (right) vaccines are seen at a vaccinati...
LAURA UNGAR AP Science Writer

Is COVID-19 winding down? Scientists say no

New booster shots have arrived and social distancing guidelines have eased but COVID-19 infections aren't going away anytime soon. Experts predict the scourge that's already lasted longer than the 1918 flu pandemic will linger far into the future as the virus continues to cause deaths and may well mutate or evolve into a new disease.
24 days ago

Sponsored Articles

Portrait of smiling practitioner with multi-ethnic senior people...
Summit Vista

How retirement communities help with healthy aging

There are many benefits that retirement communities contribute to healthy aging. Learn more about how it can enhance your life, or the life of your loved ones.
Happy diverse college or university students are having fun on their graduation day...
BYU MBA at the Marriott School of Business

How to choose what MBA program is right for you: Ask these questions before you apply!

Wondering what MBA program is right for you? Take this quiz before you apply to see if it will help you meet your goals.
Cloud storage technology with 3d rendering drawer with files in cloud...
PC Laptops

How backing up your computer can help you relieve stress

Don't wait for something bad to happen before backing up your computer. Learn how to protect your data before disaster strikes.
young woman with stickers on laptop computer...
Les Olson

7 ways print marketing materials can boost your business

Custom print marketing materials are a great way to leave an impression on clients or customers. Read for a few ideas to spread the word about your product or company.
young woman throwing clothes to organize a walk in closet...
Lighting Design

How to organize your walk-in closet | 7 easy tips to streamline your storage today

Read our tips to learn how to organize your walk-in closet for more storage space. These seven easy tips can help you get the most out of your space.
Types of Computer Malware and Examples...
PC Laptops

5 Nasty Types of Computer Malware and Examples | Everything You Need to Know to Keep Your Computer and Family Safe

Here are the different types of computer malware and examples that could potentially infect your computer.
Many Restaurants Face Closures By End Of 2020