$350 Billion and 10 Million
Motley Fool Money
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Navigating Challenges in the Restaurant Industry
This chapter explores the significant hurdles facing the restaurant sector, particularly due to economic shifts and the impacts of the COVID-19 pandemic. It discusses the transition from traditional dining to takeout models and the struggle of restaurants to sustain profitability amidst rising operational costs. The chapter also highlights the potential for consolidation in the industry, driven by private equity interest in struggling brands and the growing dominance of third-party delivery services.
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