Opening doors

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Covid-19 hurt many small businesses but for some entrepreneurs it opened doors

In a year marked by uncertainty and fear, some New York City entrepreneurs decided it was worth the risk to open up shop.

The pandemic's toll on small businesses in New York City has been severe. In Brooklyn, Chamber of Commerce President Randy Peers estimated that between one-fifth and one-third of small businesses have folded, depending on the neighborhood. In lower Manhattan, more than 160 retail businesses—12% of the total—have permanently closed, according to the Downtown Alliance, a local business group.

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Covid-19 hurt many small businesses but for some entrepreneurs it opened doors Original story and image on livemint.com


The fate of restaurants in the food delivery era Original story and image on menabytes.com

The fate of restaurants in the food delivery era

EVOLUTION OF FOOD DELIVERY

The history of food delivery over the past 20 years has been a long story of gradual outsourcing, as restaurants outsourced what they perceived as non-core activities in the value chain:

Food delivery started as a local play, with customers collecting menus and restaurant flyers in their kitchen drawers. They would call to order food (mostly pizza and Chinese) from neighborhood restaurants whose in-house delivery workers delivered the food and collected money in cash.

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