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Epic Economist, 11/19/24
"Restaurant Closures Are Soaring As
America's Biggest Chains Hit Breaking Point"
"Empty tables and soaring prices are wreaking havoc on the restaurant industry in 2024. New data shows that we're on track to see the highest wave of bankruptcies in all U.S. history as America's biggest chains struggle with rising costs, labor shortages, and a dramatic decline in sales. Every day more closings are being announced. You may have already noticed that many restaurants and fast food joints in your town are closing down right now. Even chains that used to be everywhere, like Boston Market, are rapidly disappearing. What's driving so many iconic brands out of business this year? That's what you're going to find out by the end of today's video!"
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