3 more Ohio restaurants declare bankruptcy as downturn accelerates

This is some rough news out of Ohio.

Fresh off layoffs announced at three factories in the state, still more jobs are threatened as three local restaurants declare bankruptcy – two in Columbus, and one near Cincinnati.

More specifically, Bravo Brio – the beloved Italian chain with restaurants around the country – just declared bankruptcy for the second time in five years.

The company’s explanation, unfortunately, reads like a litany of current, well-known issues facing the restaurant industry: Increasing food costs, inflation, and higher labor costs…

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