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Restaurant Industry, Leading Indicator of US Economy Sours, Bankruptcies Pile up
http://wolfstreet.com/2016/10/02/restaurant-industry-bankruptcies-restaurant-performance-index-rpi/ ^

Posted on 10/03/2016 4:08:17 PM PDT by TigerClaws

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To: Harmless Teddy Bear

Many theaters have first shows of the day with prices at $5.25. Definitely less expensive than matinee/seniors/military. With movie theater card, some may have BOGO with a free popcorn. Online deals are out there.


141 posted on 10/05/2016 1:21:35 AM PDT by Stand Watch Listen (ELITE IMMUNITY: how the puppet masters / puppets continue to function)
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To: wardaddy

I’m familiar with the Reaves family. Cathy Reaves was Junior’s daughter, she appeared briefly in the show as a child. People are often confused about the location of the headquarters, which are actually in Archdale, NC (not Daytona, FL). The restaurant began in Greensboro, in the late 80’s. Morris Reaves, her husband, as well as her son, are active in managing the privately held business. A good Cookout restaurant is a great thing, equal to Five Guys burgers and much less expensive, but some locations are better than others. The older, drive through only locations can tend to have occasional issues, in my experience.


142 posted on 10/05/2016 8:21:59 AM PDT by RegulatorCountry
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To: wardaddy

They found a location where they can build enough outlets to support one of their centralized warehouses, the key to how they expand. This is one company that doesn’t put growth first.


143 posted on 10/05/2016 1:53:42 PM PDT by Pelham (DLM. Deplorable Lives Matter)
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To: RegulatorCountry

Indeed it’s slightly cost more than McDonalds...20%

It’s single burgers are actually filling whereas inandout you need a double like steaknshake

Inandout shines with shakes and animal fries

Especially animal fries and the lettuce and stuff is super fresh

Cook out has great shakes too

I have seen five guys take out but so far here only storefronts

They are fair enough too

Here in Nashville area we have three old fashioned burger joints

Rotiers near the Parthenon

Browns diner in Hillsboro village area

Busters in Murfreesboro on north broad st

My favorites

I detest with all my guts hipster burgers for 14.99

It’s just bullshit fetish by millennials


144 posted on 10/05/2016 2:02:10 PM PDT by wardaddy (rope)
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To: TigerClaws

I actually just read the article

Most of those have run their course demographics


145 posted on 10/05/2016 2:04:35 PM PDT by wardaddy (rope)
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To: wally_bert
Cindy makes really good phở for $5 and I get it for $4. I and the Vietnamese ladies talked her into doing phở 14 years ago and I made a sign for it. They fed me and my family for free for a month until I insisted that we were to pay for it. I had to accept 20% off. There are 3 or 4 'specials' that are different each day for $4 or it is $5-6 to get anything else off the menu. Phở is Monday and Saturday but it is getting so she will have to extend it to a couple more days because the Saturday and Monday lines are getting too long. Cindy believes in volume and nets more than the white tablecloth restaurants hereabouts.
146 posted on 10/05/2016 2:30:54 PM PDT by ThanhPhero
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To: TigerClaws
I went to my local Sweet Tomatoes the other night and it was already shuttered. I say shuttered, but it was more like they left all of a sudden. Fixtures still in place, tables still laid out as if they are in business, even have the table top accouterments on them, like they are expecting to open tomorrow.

I'm sure this was sprung suddenly on the employees on the same day they closed.

147 posted on 10/07/2016 9:33:09 AM PDT by fwdude (If we keep insisting on the lesser of two evils, that is exactly what they will give us from now on.)
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To: Yaelle; wardaddy
I honestly don't get In-n-Out Burger; I was completely underwhelmed the one time I visited. Mediocre at best, and bland at the worst.

Can't understand all the hype.

148 posted on 10/07/2016 9:37:58 AM PDT by fwdude (If we keep insisting on the lesser of two evils, that is exactly what they will give us from now on.)
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To: cloudmountain

Cogent rant. Spot on.


149 posted on 10/15/2016 4:16:01 AM PDT by smileyface (Things looking up in blue PA)
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To: smileyface
Cogent rant. Spot on.

Thanks.

150 posted on 10/15/2016 8:16:38 AM PDT by cloudmountain
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To: cloudmountain

Volume of business makes up for it, if there is sufficient volume. Grocery stores average only 1 percent.

The real problem is that restaurants are precarious, in a way. They rise and fall on trends.

Also their food cost is 33% of your bill. That’s why they are willing to give you a different entree and break even, but if you don’t pay at all for some reason, they suffer a loss.


151 posted on 10/15/2016 8:29:30 AM PDT by firebrand
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To: firebrand
Volume of business makes up for it, if there is sufficient volume. Grocery stores average only 1 percent.
The real problem is that restaurants are precarious, in a way. They rise and fall on trends.
Also their food cost is 33% of your bill. That’s why they are willing to give you a different entree and break even, but if you don’t pay at all for some reason, they suffer a loss.

People buy restaurants without doing their homework OR they are too starry-eyed to READ reality.

Often it starts with someone in the family who is a fabulous cook and listens to their "Oh! You should start your own restaurant!!!"

In a town of, say, 4000 restaurants HALF close after a year. Official, unpredictable health inspectors close down another group. Not being nasty but half of THOSE close-downs are Chinese, if there are Chinese restaurants. Cleanliness COSTS and the thinking is "Why clean EVERY day? It'll get just as dirty tomorrow."
I was told by a Chinese friendly acquaintance that when eating at a Chinese restaurant one should always sit in the center of the restaurant as sitting by walls one will see the cockroaches climbing up the walls.

Some bribery might keep some places open longer than others, but those bribed officials eventually get their own.
Complaints from folks who get sick from restaurant food ARE listened to. I guess the threat of "suits" suing is huge.

152 posted on 10/15/2016 8:44:17 AM PDT by cloudmountain
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To: fwdude

Here that happens if they stop paying their rent. No thank-you-to-this-wonderful-community sign in the window. There’s just a warning not to trespass from the sheriff’s office.


153 posted on 10/15/2016 8:55:16 AM PDT by firebrand
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To: cloudmountain

We had a big scandal with corrupt restaurant inspectors at one time. If you didn’t pay, not only did you get a fine, but the New York Times would publish all the details, especially if there were vermin of any kind. Bye bye restaurant.

Now the city is collecting the bribes, because of their enormous expenses and one-party rule and congenital lawlessness. They can fine you for ridiculous things like an ice cube on the kitchen counter. They can always find something wrong.

They used to love showing up at the busiest times, so the restaurants couldn’t close down the kitchen and throw everything away, although some did anyway and sent all the patrons out. But now I think they have stopped doing that. Still, it costs a lot of $$ to keep that “A” in the window.


154 posted on 10/15/2016 9:04:20 AM PDT by firebrand
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To: firebrand
We had a big scandal with corrupt restaurant inspectors at one time. If you didn’t pay, not only did you get a fine, but the New York Times would publish all the details, especially if there were vermin of any kind. Bye bye restaurant.
Now the city is collecting the bribes, because of their enormous expenses and one-party rule and congenital lawlessness. They can fine you for ridiculous things like an ice cube on the kitchen counter. They can always find something wrong.
They used to love showing up at the busiest times, so the restaurants couldn’t close down the kitchen and throw everything away, although some did anyway and sent all the patrons out. But now I think they have stopped doing that. Still, it costs a lot of $$ to keep that “A” in the window.

The Democrats will pour infinite amounts of $$$$ to keep him in office as mayor of our country's largest city.

155 posted on 10/15/2016 9:10:34 AM PDT by cloudmountain
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To: arthurus
"...recipes for tree bark and grass."


156 posted on 10/15/2016 9:33:48 AM PDT by PLMerite (Lord, let me die fighting lions. Amen.)
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