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Full-service chain restaurants attract people from different income brackets and represent a way to break down class barriers, research shows.
Franchisees get help with marketing and branding, but the corporate parent can’t do much about high interest rates and labor costs.
A private equity firm has agreed to buy Subway. It may need to close stores in the U.S., but expand overseas.
Restaurant chains are following people who’ve left cities since the pandemic, but the expansion presents challenges.
With sales under pressure, the chain is looking at new ways of doing business.
The decline of chain restaurants coincides with the growth in income disparities.
