​Persistent Economic Pressures, Changing Consumer Habits Send More Restaurants Into Bankruptcy – Tyler Durden

Persistent Economic Pressures, Changing Consumer Habits Send More Restaurants Into Bankruptcy Authored by Mark Gilman via The Epoch Times (emphasis ours), It’s been a rocky year for the restaurant industry, with rising costs due to inflation and changing consumer habits driving a slew of chains with household names into Chapter 11 bankruptcy. According to those who follow the industry, there is no definable silver lining ahead for an industry in deep trouble. A sign is posted in front of a Red Lobster restaurant in Fremont, Calif., on May 14, 2024. Justin Sullivan/Getty Images “Most restaurants lose money, and there’s a…  — Continue at ZeroHedge News : Read More