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Stock impact report

Iconic 68-year-old breakfast chain shutters 100 restaurants [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
He sees diners facing a number of problems. "With fewer customers in the dining room, plus all these other costs increasing, fewer people wanting to work — it just doesn't make economic sense," he added. Diners closing has been part of a larger trend impacting restaurants. "More than 10% of restaurants in the United States have closed permanently since the coronavirus pandemic began last March, foodservice research firm Datassential said," Nation's Restaurant News reported. Diners have suffered with Denny's closing over 150 locations, and a number of classic establishments in New York and across the country closing These changes have hit Village Inn, a classic American diner-style breakfast and lunch chain, especially hard. Coffee shops and food delivery have chipped away at the demand for diners. On a personal note, 34 years ago, my future wife and I went on our first date to see a movie. Afterward, there were no Starbucks around, but an all-night diner on Long Island, Show less Read more
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