Just how bad is it?

One in five businesses are closed, either temporarily or permanently, per the US Chamber of Commerce.
55% of businesses closed on Yelp have shut down for good during the coronavirus pandemic, per Marketwatch.
Delivery providers typically charge restaurants 15% to 30% on every order they fulfill, per CNBC.
43% of restaurant professionals said they believe third-party apps—many of which withhold data—interfere with the direct relationship between a restaurant/bar/pub and its customers.
Amazon's already dominant position in e-commerce is only growing. It is expected to capture 49.1 percent of the market this year, up from 43.5 percent in 2017, per Bloomberg.
According to the Census Bureau, there were 572,000 mom-and-pops in 2007, accounting for 22% of retail jobs, but by 2015, the number had fallen to 505,000, or 19% of such jobs, per Axios.
A survey from the National Restaurant Association found that the pandemic has caused 4 in 10 eateries to close, and some will never be able to open again.
Small businesses account for 44 percent of all U.S. economic activity, according to the S.B.A., and closures on such an immense scale could devastate the country’s economic growth, per the New York Times.
“...joblessness soared to the point that in July, around one in five American workers — that's around 30 million people — were drawing jobless benefits.
Over 2,800 NYC businesses have closed since March 1, the most of any major U.S. city, according to Yelp. Of those, minority- and female-owned businesses were likely the most vulnerable.
Small businesses account for more than 3 million jobs in the city, and so far, they’ve already lost 520,000. When the pandemic eases, a third of NYC’s 240,000 small businesses may be gone, per the Partnership for New York City.
In July 2020, 83% of NYC bars, restaurants, and nightlife establishments weren’t able to pay full rent, according to an NYC Hospitality Alliance survey of 471 businesses. 37% couldn’t pay at all.

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