Wednesday, November 17, 2010

Charlie Brown Steakhouses the latest to feel the recession squeeze

Charlie Brown's Steakhouse restaurant chain appears to be the latest victim in the steakhouse category since the nation began to feel the recession's squeeze as early as 2006.
Chain owners CB Holding Corp. in Mountainside said Monday that 13 restaurants were closing in New Jersey, including eateries in Tenafly, Clifton and Montclair. According to Charlie Brown's website, 22 remain open, five of them in Bergen and Passaic counties.

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