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Chain Reactions

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Experts are predicting that things are about to go from bad to worse for chain eateries: "Parsimonious consumers are why Ruby Tuesday, Chili’s and even Starbucks and Pinkberry are closing restaurants ... 'When you look at what some of these brands are doing to stay profitable, closing money-losing stores is going to be the next shoe to drop,' said Brian Moore, a restaurant industry analyst with Wedbush Morgan Securities in Los Angeles." [News-Trib]

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