"Costs are higher than ever, risks are higher than ever," Wax Paper co-owner Lauren Lemos told The Times. "I always want to have some kind of optimistic outcome for the future, but I do really worry, 'Is it going to be sustainable?'"
The difficulties affected businesses at every level. My colleague Stephanie Breijo tracked the culinary carnage earlier this week and offered some reasons for what happened, what may follow and highlights some of the fallen from 2024.
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