Another of the high street’s ubiquitous Italian restaurant chains has begun exploring a sale as it seeks new backers to enable it to survive the coronavirus crisis.
Read the full article on the Sky News website
NAM Implications:
- The flurry of restaurant auctions comes amid deep uncertainty…
- …about the industry’s ability to generate sufficiently meaningful revenues…
- …in a post-lockdown economy to stay afloat.
- This says it all, really.
- i.e. add social distancing deterrents to a 50% reduction in traffic.
