• Permanent Closures in Restaurant Industry - Canada
    Permanent Closures in Restaurant Industry - Canada5 November 2020
  • Perspectivas de la industria de restaurantes en Ciudad de México y Río de Janeiro21 December 2020
    Permanent Closures in Restaurant Industry - Canada

Permanent Restaurant Closures November 2020 – US & CA

By Jolien Demeyer inClosures

Permanent Restaurant Closures in The USA

The three main takeaways for this month:

1.We see a total of 3,642 permanent closures in the US in November 2020

    • Q1 = 12,931
    • Q2 = 10,179
    • Q3 = 20,726
    • Q4 = 4,742 -> What will December bring us?

2. In November the 5 main states who closed permanently their doors (#of permanently closures vs. # of total restaurants):

    • DC – DE – HI – LA – CA
    • The biggest market is of course CA representing 11.6% of the total market
    • Whereas DC – DE – HI only represents 1,1% for the 3 together
    • LA represents 1.4% on its own

3. In November the 5 main market segments that closed permanently their doors (#of permanent closures vs. # of total restaurants):

    • Buffet – Fine Dining – 5*Luxury hotel with Restaurant – Upscale Dining – Casual Dining
    • Buffet – Fine Dining – 5* – upscale dining only represents 4% of the total market
    • Casual dining, represents a big pie of the market with a marketshare of 26%
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Permanent Restaurant Closures in Canada

For the Canadian market, we see the next three takeaways:

1.Total of 773 permanent closures in Canada in November 2020

  • Q1 = 2,947
  • Q2 = 958
  • Q3 = 3,702
  • Q4 = 935 -> What will December bring us?

2. In November the 3 main states with the highest permanently closures (#of permanent closures vs. # of total restaurants):

  • Alberta – Representing 11.6%
  • Ontario – Representing 40.6%
  • Nova Scotia – Representing only 3%

3. In November the 3 main market segments that closed permanently their doors (#of permanent closures vs.  # of total restaurants):

  • Buffet Restaurants – LSR, a very small segment only representing 0.3%
  • Coffee shops & Tea houses – LSR, representing almost 10%
  • Smoothie, Juices – LSR, representing only 0.75%
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Infographic USA
Infographic Canada

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