IT’S BEEN DUBBED THE GREAT RECESSION. It’s been characterized as a perfect storm. It’s been described as the worst operating environment that many restaurateurs can remember.Today’s economic setting—with its reduced consumer spending, diminished gross domestic product, imploding housing sector and capital markets’ meltdown—is well-documented. For more than a year restaurant industry experts have discussed and debated how to battle increased costs and declining sales that in some cases have ...
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