Newport Restaurant Group marks 30 years of employee ownership, with $33 million paid out since 1996

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Newport Restaurant Group is marking 30 years as an employee-owned company this year, saying it has distributed roughly $33 million to employee-owners since 1996. The company employs about 1,900 people, roughly 1,100 of them year-round with another 800 added in peak season. It reports annual turnover of 12 to 14 percent, against an industry average […]

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