SLC staple Current Fish & Oyster to close this week

The big picture: The uptick of eateries folding in the Salt Lake area comes amid rising labor and ingredient costs.

What they're saying: "To everyone who has dined with us, celebrated milestones, and supported us through the years — thank you. You've been part of something meaningful, and we're forever grateful," the seafood restaurant said in an Instagram post.

What's next: A local restaurant group plans to open a Japanese-Peruvian concept in its place early next year, according to the social media post.