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Stock impact report

High-end steakhouse chain closes location, no bankruptcy filing [Yahoo! Finance]

Cannae Holdings, Inc. (CNNE) 
Last cannae holdings, inc. earnings: 11/12 06:25 am Check Earnings Report
US:NYSE Investor Relations: cannaeholdings.com
Company Research Source: Yahoo! Finance
Louis, WIBC- Radio reported. Aside from the cost of beef, restaurants have also dealt with rising labor costs and higher prices for other products driven by inflation over the last three years. Restaurants have passed higher costs on to consumers, who have become more selective with their dining choices. Certain establishments have taken drastic measures to remain profitable, such as closing underperforming locations and, in some cases, filing for bankruptcy protection. Stoney River Steakhouse and Grill will close a Maryland location in June and lay off 68 workers.ShengImages/Shutterstock Stoney River Steakhouse closes location High-end dining chain Stoney River Steakhouse and Grill revealed it will close its Towson, Md., restaurant location by June 26, 2026, and lay off 68 employees, according to a Worker Adjustment and Retraining Notification notice that the company filed with the Maryland Department of Labor on April 20. The steakhouse chain, however, did not cite bee Show less Read more
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