Danny Meyer on reviving the restaurant industry

Danny Meyer is one of New York City's most successful and influential restaurateurs. In mid-March he closed all 20 of his restaurants and laid off nearly 2,100 employees. Meyer, and his top executive, Chip Wade, president of the Union Square Hospitality Group, tell correspondent Martha Teichner how they plan to rebuild their business – and how the entire restaurant industry must evolve – in order to survive not only the pandemic, but a changing economy and changing tastes.

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