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7 Florida restaurants go bankrupt as economic impacts multiply
More rough news out of Florida earlier this week - seven restaurants have just gone bankrupt. As if the lost factory jobs weren't already bad enough! More specifically, a well-loved Italian chain, Bravo Brio, which operates seven Brio Italian Grilles throughout the state, has slid into bankruptcy. It's Bravo Brio's second bankruptcy in five years - never a good sign - but unfortunately it gets even worse. You [...]
3 more Ohio restaurants declare bankruptcy as downturn accelerates
This is some rough news out of Ohio. Fresh off layoffs announced at three factories in the state, still more jobs are threatened as three local restaurants declare bankruptcy - two in Columbus, and one near Cincinnati. More specifically, Bravo Brio - the beloved Italian chain with restaurants around the country - just declared bankruptcy for the second time in five years. The company's explanation, unfortunately, [...]
Arizona suddenly loses 3 major facilities as closures shake food supply chain
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10 Frustrating Reasons Chili’s Isn’t as Good as It Used to Be
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Coffee prices abruptly spike 15% – and it’s about to get much worse
If you noticed coffee suddenly getting a whole lot more expensive, congratulations - you were correct. Unfortunately, the pain is just beginning. Buried in the July inflation numbers (a little under 3% - increasing but not yet unreasonable) was a scary tidbit - coffee inflation was 15%. The price of a pound of ground coffee is now $8.41, which means coffee prices have doubled over the last five [...]
