Rays of Hope: Uniform/Linen Survey Shows 3Q Improvements

09/18/2020

A new survey of linen, uniform and facility services companies by Robert W. Baird & Co. shows the uniform rental industry bouncing back in the third quarter, following a dismal second quarter that reflected the brunt of a COVID-19-related downturn. The linen rental side also showed unexpected 3Q20 growth, despite the pandemic’s ongoing impact on hospitality businesses.

President Trump Issues Executive Orders for COVID-19 Relief

08/14/2020

In the absence of congressional agreement about the extension of COVID-19-related relief, President Donald J. Trump (R) recently signed four Executive Orders that will potentially impact linen, uniform and facility services businesses and their employees. These orders have been challenged by members of Congress as being unconstitutional, and it is unclear whether looming court action will block their enforcement.

PPP Funding Helps Operators Weather Trying Times

07/24/2020

With the recent extension of the Paycheck Protection Program (PPP) loan program until Aug. 8, several members of the linen, uniform and facility services industry shared their experience securing funding through the program for their laundry operations.

Life After PPP – Corporate Cash Flow Options

07/24/2020

The economic impact of the coronavirus pandemic and recovery is expected to continue for months and likely years to come. As congress attempts to save different areas of the economy, everyone in the linen, uniform and facility services industry should be aware of the many resources available to aid them in that recovery.

Baird Data Shows Industry Still in COVID-19 Shock

07/10/2020

Andrew Wittmann and Justin Hauke, financial analysts for Robert W. Baird & Co. who specialize in linen, uniform and facility services companies’ performance, recently discussed the ongoing impact of COVID-19 on the industry, while analyzing employment data and market trends.

TRSA Industry Update – Policy Wins, Proactive Strategies

06/12/2020

The latest edition of TRSA’s online Industry Update featured a diverse lineup of news and information that can help laundry operators and suppliers battling a multifront war against the COVID-19 pandemic and what’s shaping up as the worst recession in living memory.

Cash Strapped? Consider ‘Carryback’ Refunds

06/04/2020

We know scores of companies in the linen, uniform and facility services industry are confronting cash-flow shortages since once-thriving customers are now ailing or gone. Fortunately, recent legislation designed to help businesses survive the COVID-19 pandemic could offer laundries a lifeline, as they await an expected economic recovery later this year.

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