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Miami Diner Closes Amid Rising Costs and Declining Customers

12/27/2025

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Summary

Story summary

Las Palmas, a Miami diner, closed in November after 45 years, largely due to a 38% increase in food costs since the pandemic and a decline in customers that never fully recovered.
The Meddlesome Moth in Dallas faced similar challenges, including a 40% rent increase.
Dr. Chad Moutray, the National Restaurant Association's chief economist, said he is cautiously optimistic about 2026, hoping for improved industry conditions.

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Story summary

Las Palmas, a Miami diner, closed in November after 45 years, largely due to a 38% increase in food costs since the pandemic and a decline in customers that never fully recovered.
The Meddlesome Moth in Dallas faced similar challenges, including a 40% rent increase.
Dr. Chad Moutray, the National Restaurant Association's chief economist, said he is cautiously optimistic about 2026, hoping for improved industry conditions.