Corporate cost-cutting continues to dog fine-dining sector

Corporate cost-cutting continues to dog fine-dining sector

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The recession may be over, but not the cost-cutting that got many Fortune 500 companies through the downturn. That’s the conclusion of Vic Macchio, whose company’s data shows corporate dining fell 2.5 percent last year, with fine-dining restaurants taking the biggest hit at 15 percent.

Dinova, the company he founded in 2009, connects some of the biggest U.S. companies to a network of preferred restaurants, so the corporate clients can earn rebates when their

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