New York (CNN Business)About 60% of businesses that have closed during the coronavirus pandemic will never reopen, and restaurants have suffered the most, according to new data from Yelp.The reviews site has been keeping tabs on closures since March. Businesses can update their status to temporarily or permanently closed on Yelp.As of August 31, nearly 163,700 businesses on Yelp have closed since March 1, the company said, marking a 23% increase from July 10. Of those, about 98,000 say they’ve shut their doors for good.Of all closed businesses, about 32,100 are restaurants, and close to 19,600, or about 61%, have closed permanently.
A table stands empty at a permanently closed restaurant in Manhattan on August 31, 2020 in New York City.According to Yelp, some eateries have fared better than others: Pizzerias, delis, food trucks, bakeries and coffee shops have done better overall than Mexican restaurants, breakfast and brunch spots, burger or sandwich shops or eateries that focus on dessert.Restaurant groups have warned that many eateries won’t survive the blow delivered by the pandemic.
SOURCE: Danielle Weiner-Bronner
VIA: CNN Business