According to a Coresight Research poll, 47.2% of U.S. internet users are avoiding shopping centers and malls while 74.6% said they would steer clear of shopping centers altogether if the outbreak worsens. More than 30% said they were avoiding physical stores.
Almost 40% of people are avoiding restaurants, bars and coffee shops, with 60.5% saying they will avoid them. And nearly 60% of consumers said they were concerned about dining out, with 1 in 5 “definitely” avoiding it.
Table service restaurants are being hit the hardest. As FSR magazine reports, “The industry has seen double-digit declines in recent days, with brands like Darden, Texas Roadhouse, Cracker Barrel, Bloomin’ Brands, BJ’s, Shake Shack, Cheesecake Factory, Brinker International, Dine Brands, Jack in the Box, Denny’s, Carrols Restaurant Group, and Noodles & Company all dipping between 10–20 percent. Dave & Buster’s, Red Robin, and McDonald’s franchisee Arcos Dorados have plummeted more than 20 percent. Also to track, Aramark and Sysco sank double-digits, too. As did Grub Hub.”