New Market Study, "Full-Service Restaurants in Italy", Has Been Published
The most important trend impacting full-service restaurants in 2013 was the number of closures of independent outlets. This was a continuation of the trend already seen in 2012, as many operators started to quit the business; no longer finding it profitable due to the ongoing crisis affecting Italy. The depressing economic situation, which more and more Italians were experiencing first-hand, led consumers to be very careful of their out-of-home and non-essential expenses. Although the number of closures was less dramatic...
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