There's a Massive Restaurant Industry Bubble, and It's About to Burst

1/31/2017

This article discusses the state of the American restaurant industry and examines whether it is heading towards a "bubble" that is likely to burst. It highlights several factors that contribute to the potential bubble, such as oversaturation of restaurants, rising costs, and changing consumer preferences. The article explores the challenges faced by both independent restaurants and chain establishments, including increased competition and the struggle to maintain profitability. It also analyzes the impact of technological advancements, such as food delivery services, on the industry. Overall, the article suggests that the American restaurant industry is facing significant challenges that could potentially result in a bursting bubble.

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