Dozens of Outback, Carrabba’s and Fleming’s to close. What it means for Arizona restaurants

USA TODAY reported that Bloomin’ Brands, the parent company of Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar, plans to closing 41 of its restaurants.“This decision considered a variety of factors including sales and traffic-trade areas and the investment that would have to be made to improve the restaurants,”…

Read More

Ghosts Of Inflation Past

By Gian Lorenzo Ferretti PhotographyReal Estate Weekly Outlook U.S. equity markets notched another set of record highs this week while benchmark interest retreated from three-month highs as investors parsed decent PCE inflation data and upbeat corporate earnings reports. Investors breathed a “sigh of relief” after PCE Price Index data wasn’t the Fed-spooking setback that some…

Read More