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INDUSTRY—Let's just say that Tom Colicchio is not optimistic about the year ahead for the restaurant industry. He expects a huge swath of restaurants to close next month while the quality of restaurant workers will improve. Also says TC: restaurants are just not going to make money this year. [WNYC via ENY]
NAPA—Oxbow Market, slowly becoming a true market: "Oxbow Produce at Oxbow Public Market has become Oxbow Produce and Grocery, moving into a larger space and expanding its offerings at Napa’s public market to meet the demand for local and regional organic produce and everyday organic grocery items." [NVR]
BAY AREA—The $50 billion Ponzi scheme by Bernard L. Madoff has hit the food world. The year-old Fair Food Foundation, created to improve food access and urban agriculture in the Bay Area and Detroit, has announced that it will be shutting down because Madoff handled its money ... and it now has none. [NYT]