The national restaurant scene

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This weekend's New York Times consumer-economy article is about overcapacity in the nation's restaurants. Stores-to-customers ratios have actually been in decline since 2005, leading to significant overcapacity that is making a difficult economy even worse. Forecasters are expecting as many as 20,000 net restaurant closings in the next few years as consumers' spending adjustments solidify.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page contains a single entry by David Wertheimer published on April 5, 2009 7:50 PM.

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