Though there has been no news about the Southern California based food chain Carl's Jr., I have been noticing that several of their stores have closed down. I have not visited a Carl's Jr. in a long time, but I am not surprised that they are closing some stores. The customers who would frequent such an establishment have less and less money to spend. I am sure that revenue has been down even though there has been no specific news. I think we are going to see more restaurants closing as food costs go up and revenue falls. I don't think it's not a good time to be in the restaurant business.
What do you think?
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