11/26/2024

What’s behind the spate of recent Bay Area restaurant closures?

While new restaurants have further solidified the Bay Area as a foodie destination in recent years, many others have succumbed to a perfect storm of economic challenges that shows no sign of abating.

Upward of 60 restaurants around the Bay Area have closed since the start of September alone, with many citing difficulties like the cost of finding and keeping good employees, rising rents, new requirements for providing health care and sick leave, and doing it all while competing with the slew of new dining options.

The restaurant industry has always been among the most competitive and challenging to navigate, and failures are nothing new, but the current struggles have left some wondering if the traditional dining model might be headed for an overhaul.

View Article