New York City is in many ways a microcosm of America, with many of the same issues straining businesses across the country magnified locally. And unfortunately, that means the local restaurant scene is taking a ton of hits - with 11 NYC restaurants recently closing (and more likely on the way). The issues at play here are nothing new - on the demand side, hybrid work has caused market distortions, layoffs and job [...]
Pennsylvania loses 2 more factories with 800+ confirmed layoffs
Pennsylvania unfortunately has some big layoffs on the horizon, with 800+ workers set to lose their jobs as two plants have announced closure plans. That’s on top of three other facilities that had already announced closures… Not to mention additional big losses in Philadelphia specifically… Allentown is poised to take a big hit, as United Natural Foods, Inc. (UNFI) has announced plans to shutter a distribution [...]
Colorado announces statewide soda ban for SNAP benefits, with more planned changes incoming
If you use SNAP benefits at the grocery store, soon you’ll find you’re unable to use them to buy soda, as Colorado and a slew of other states just got approval from the federal government to restrict SNAP benefit usage. Colorado’s ban extends to any beverage with at least 5 grams of sweetener per 12 ounces, which means it should only cover soft drinks like soda. Colorado is one of several states (about a dozen in [...]
America’s 7 “Official” National Foods (Not Pizza!)
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8 beloved Miami restaurants abruptly close in a matter of days as Florida tourism declines
Miami is having a rough Summer - and unfortunately, local restaurants are absolutely taking it on the chin. International tourism is down - Miami-Dade reports international travelers declined about 4% year over year. That may not sound like a huge decline, but when you consider that most restaurants run on incredibly thin margins…even a small decline in visitors could be the difference between prosperity and [...]
Coca-Cola faces 6 new statewide SNAP bans as health crackdown expands
As if Coca-Cola and the soda industry needed more bad news. As if announcing a string of factory closures thanks to falling demand, shifting consumer preferences, and the need to boost efficiency wasn’t bad enough… And don’t forget the new aluminum tariffs… Now Coca-Cola, Pepsi and other soda brands have to contend with new regulations aimed at reducing consumption. More specifically, the Department of Health and [...]
