SOUTHLAND Mich. —U.S. chain restaurants are four times more likely to fail this year than they were a year ago, and as many as 40 percent of them could face cash flow problems over the next year, a study conducted by business consulting firm AlixPartners has found. The study, released earlier this month, focused on the performances of 110 restaurant chains across four categories—fine dining, casual dining, fast casual and quick ...

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