This month, the only Ruth's Chris Steakhouse location in Manhattan announced it would close in April.
According to WFH Research co-founder Jose Maria Barrero, 28.2% of employees are hybrid — working some days in the office and some days remotely — compared with 12.7% who are fully remote. Although 59.1% of workers are full-time on site, hospitality businesses catering to office workers are still struggling to make ends meet, Barrero said.
WFH Research's Barrero said significant spending has moved to locations outside of downtowns, hurting city centers.
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