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Kelly O'Grady
CBS News Money Watch correspondent discussing the trend of restaurant bankruptcies.
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Apr 1, 2025
• 27min
CBS Evening News, 04/01/25
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Kelly O'Grady, a CBS News Money Watch correspondent, discusses the alarming trend of restaurant bankruptcies as inflation shifts consumer dining habits. She highlights iconic chains like Hooters and Red Lobster facing this struggle. O'Grady also delves into the impact of the Trump administration's tariffs on American businesses and the tough choices they confront in a changing economy. The conversation underscores the growing challenges in the restaurant industry, revealing how external factors continue to shape the food landscape.
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