Food

March menus tie into timely promotions and on-trend ingredients

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The deal will give Marc Lore’s food hall-delivery chain a nationwide network of couriers and restaurants. And it will end Grubhub’s long-running search for a buyer.

The Bottom Line: The industry has been hit with a huge number of bankruptcies as a tough environment, higher interest rates hit overleveraged companies hard. But that could pave the way for more growth in the future.

The IPO market has been mostly frozen. But a weak market for mergers and acquisitions is also keeping struggling companies from going private. The new year could change that dynamic.

Restaurants are getting hit with big upswings in their premiums, even if they’re not in the paths of destruction.