Whenever you consider free breadsticks, limitless salad and kilos of pasta, one title involves thoughts — Olive Backyard.However the Italian eatery
Whenever you consider free breadsticks, limitless salad and kilos of pasta, one title involves thoughts — Olive Backyard.
However the Italian eatery, recognized for its $5 take-home meal, has fallen on laborious instances because the coronavirus pandemic has wreaked havoc on the restaurant trade. In December, Darden Eating places reported Olive Backyard’s fiscal second-quarter same-store gross sales fell 19% from a yr earlier.
In line with the Nationwide Restaurant Affiliation, greater than 110,000 bars and eating places in the ushave closed completely or long-term on account of Covid-19. Misplaced gross sales are anticipated to succeed in $240 billion in 2020.
In response to the pandemic, Olive Backyard has trimmed its menu, pivoted to takeout and lower prices. Are these adjustments sufficient for Olive Backyard to regain its momentum and offset the general decline of the dine-in restaurant expertise? Watch the above video to search out out extra.