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Tariffs, Economy Force Job Cuts, Price Raises: Chicago Business Owner

The owner of Chicago’s Heritage Hospitality Group said tariffs and inflation are driving up costs, forcing him to raise prices and cut staff.

This as-told-to essay is based on a conversation with Michael Salvatore, 44, the founder of Heritage Hospitality Group, a company with a few bars and coffee shops in Chicago. The following has been edited for length and clarity.
I own Heritage Hospit… [7092 chars]

Source: Business Insider | Published: 2025-10-19T08:46:01Z

Credit: Business Insider

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