In the 1980s, the popular song “Things can only get better” offered hope, but many restaurants in missouri are still struggling as inflation and the rising cost of goods continue to cause closures.
The latest restaurant to shut down is los cabos mexican grill & cantina, located at 18201 bass pro drive in independence, missouri. According to the kansas city star, a sign posted on the door announced that the restaurant closed permanently on sunday, october 27. The sign cited “Inflation and continued rising cost of goods” as the reasons for the closure.
So, why are so many restaurants in missouri closing in 2024? A linkedin discussion pointed to three main factors: inflation, rising food costs, and higher wages. These challenges have only become more complicated since the 2020 shutdowns.
While many restaurants in missouri have already closed, others are still trying to survive, facing higher food costs, which lead to higher menu prices. Additionally, finding workers for the food industry remains a challenge.
Let’s hope the trend of restaurant closures in missouri turns around soon.