NEW YORK Fitch Ratings, a credit and debt rating firm, expects the restaurant industry’s fortunes to improve late next year, following what it calls the bottoming out of weak industry sales trends currently taking place. While operators are expected to continue tightly controlling their costs and capital expenditures, and commodity prices should remain relatively stable in 2010, positive sales trends — which have eluded most restaurants this year — are anticipated in the second half of 2010 ...
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Contact: Desiree Torres Desiree.Torres@penton.com