Editor’s Letter The Last Stand of the Independent Restaurant Last month, The Wall Street Journal ran a front-page article about how difficult it is for independent restaurant operators to compete against the onslaught of national restaurant chains. The piece focused on David Schy and his eight-year-old, downtown Chicago restaurant, Hubbard Street Grill, which closed in June. Schy’s 200-seat grill performed well until Smith & Wollensky, Rock Bottom Brewery and a host of other national ...

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