Hard times are on the menu at restaurants

The restaurant industry has fallen, and it can't get up. To add insult: The worst may be yet to come.Same-store sales are sliding. Commodity prices are climbing. Units are closing. Customers are dwindling. Some of the top names in all ends of dining are in pain, from Starbucks sbux to Applebee's to The Cheesecake Factory cake."Whether or not the rest of the economy is in a recession, the restaurant industry certainly is," says Ron Paul, president of restaurant researcher Technomic.The financial...Full Story
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