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It’s no surprise that the restaurant industry remains unsafe from the economic turmoil in the US. Rising costs of living have left consumers with less money to dine out, significantly impacting the profitability of the franchises like Olive Garden, Panda Express, and even the NFL’s official pizza provider Little Caesars. These major brands are now witnessing drastically declining sales and increased expenses, causing them to incur massive losses worth millions of dollars, rapidly getting closer to the brink of bankruptcy. Today, we talk about the 12 major restaurant chains that will absolutely fall apart in 2023.
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