by This content is brought to you by – Nurse Practitioner Health Services in Strongsville. – http://nphealthservices.com
Do you want the comfort and security of knowing your loved one is going to be well taken care of in their most pivotal moments of retirement? At Nurse Practitioner Health Services, we provide prompt, outstanding medical services to long term care and assisted living facilities in Northeastern Ohio. Visit them at http://nphealthservices.com to find out more.
Lovers of Italian Food served family style have always made Buca di Beppo their first choice. Or, atleast we thought they did, in shocking news out of the corporate world earlier this week, the Italian Restaurant Industry giant announced they are filing Chapter 11 Bankruptcy.
The company cited rising food and labor costs as well as staffing challenges as reasons for the bankruptcy filing. It has $10 million to $50 million in assets and $50 million to $100 million in liabilities, according to its Chapter 11 petition filed in U.S. Bankruptcy Court in Dallas.
“This is a strategic step towards a strong future for Buca di Beppo,” Rich Saultz, the chain’s president, said in a statement. “While the restaurant industry has faced significant challenges, this move is the best next step for our brand. By restructuring with the continued support of our lenders, we are paving the way toward a reinvigorated future.”
The bottom line here folks, yet again, food prices go up so menu prices go up. Employees demand $20 an hour for a job that should be paying them $5, and this is what continues to happen.
