California’s outlook less than golden for many chains

While Florida may be taking baby steps on its road to recovery, California is still looking for the energy to stand.

Although the state was among the earliest to be tripped up by the economic downturn, it is bucking the prevailing wisdom that the first into a recession is the first out. In fact, pointed out Hudson Riehle, senior vice president of research and knowledge for the National Restaurant Association, California’s inertia reflects one of the lessons of the Great Recessio

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