CNBC The retail industry is facing a potential wave of bankruptcies – here’s why

a reply to: putnam6

Local restaurants are closing in my Chicago suburb. Increasing prices for inventory, labor, rent, combined with fewer customers, due to the increased overhead being passed along to customers...has caused 3 family-owned restaurants to close this year. Only the PIZZA places seem to be doing consistently well.

originally posted by: carewemust
a reply to: putnam6

Local restaurants are closing in my Chicago suburb. Increasing prices for inventory, labor, rent, combined with fewer customers, due to the increased overhead being passed along to customers...has caused 3 family-owned restaurants to close this year. Only the PIZZA places seem to be doing consistently well.

Yep we finally went to our sushi place after getting nothing but delivery the last 2 years. They were happy to see us he doubles our order for free. The owner says costs have gone up and business is still sporadic it's difficult to juggle and keep fresh supplies