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CNBC Television
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Bobby Flay Discusses Food Inflation's Impact on Restaurants

In a discussion about food inflation and its impact on the restaurant industry, Bobby Flay, a renowned chef and restaurateur, shares his insights. He highlights the struggles restaurants face due to increased costs and the challenge of breaking even. Flay also discusses the shift towards licensed deals and the difficulty of opening traditional restaurants due to rising rents. He expresses his concern for the future of the industry, predicting job losses and restaurant closures.