Recession-induced restaurant closures, job cuts and salary reductions may be slowing, according to a recent survey.Seventy-one percent of the 111 restaurant companies that participated in an online study by Dallas-based People Report said they were closing units or reducing the number of new openings but noted that most of the downsizing already occurred.â€śWe interpret the results of this survey to indicate that a lot of the worst misery could be behind us,â€ť said People Report senior analyst ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!