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The foodservice industry spent 2009 slogging through the worst economy in living memory, facing customers whose most frugal moods in previous years seemed downright extravagant compared with their attitude over the past 12 months. Consequently, the year found several chains filing for bankruptcy and independent landmarks closing their doors for good. But it wasn’t all bad news. Restaurants trimmed down, renegotiated leases, took advantage of lower food costs, and tried new strategies to cut costs and attract customers — and sometimes it worked.
Date: Dec. 18, 2009
Product: PDF Format: Pages, 11; Files, 5
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