restaurant industry Archives

Constellation Brands Partners with its Flagship Brands to Contribute $1.75 Million to Help Rebuild the Restaurant Industry

VICTOR, N.Y., April 6 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, in partnership with a number of its iconic beer, wine, and spirits brands, announced today a collective commitment of $1.75 million to support the National Restaurant Association Educational Foundation (NRAEF) and the launch of their “Restaurants Advance” campaign. The commitment represents [...]

Restaurant Industry Hit by Double Whammy of COVID-19 and Record Monsoon Season

SEOUL, Aug. 13 (Korea Bizwire) — In the midst of a prolonged slump in consumption due to the outbreak of the coronavirus, South Korea’s restaurant industry was hit with another blow by the long monsoon season accompanied by torrential rainfall. The food delivery business appears to be the industry’s only area of growth thank to [...]