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The Daily Prep List: 07.07.21

Labor

Why the Employee Retention Tax Credit Could Be Key for Restaurants

FSR Magazine 7/6

At this point in the restaurant recovery, the Paycheck Protection Program and Restaurant Revitalization Fund are in operators’ rearview. 

As Employers Struggle to Fill Jobs, Teens Come to the Rescue

NBC Bay Area 7/6

The trend marks a shift from the period after the 2007-2009 Great Recession, when older workers often took such jobs and teens were sometimes squeezed out.

Food Industry Policy

San Francisco’s Slow Reopening Frustrates City’s Small Businesses

The Wall Street Journal 7/6

The San Francisco region has one of the highest vaccination rates in the country but one of the lowest return-to-office rates, a disconnect that bodes ill for the future of the city that had been the booming center of the U.S. technology sector before the pandemic.

Oakland’s First Fridays festival is facing major obstacles, jeopardizing the future of food vendors who depend on it

San Francisco Chronicle 7/6

The future looks uncertain for Oakland’s First Fridays, the lively arts and community festival that draws around 30,000 to Telegraph Avenue every month. While the event is best known for its support of local artists, it’s also important for up-and-coming food vendors — especially people of color.

On the Side

Burger King Americas President Chris Finazzo Leaves Company

QSR Magazine 7/7

Burger King Americas President Chris Finazzo has left the chain, according to an SEC filing.

Why Ghost Kitchens are Here to Stay

QSR Magazine 7/6

Well before the pandemic, ghost kitchens were the talk of the restaurant industry as brands looked to capitalize on a new way to reach customers.

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