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from the employees-can't-afford-to-be-customers dept.
Casual dining is in danger — and millennials are to blame.
Brands such as TGI Fridays, Ruby Tuesday, and Applebee's have faced sales slumps and dozens of restaurant closures, as casual dining chains have struggled to attract customers and grow sales.
"Casual-dining restaurants face a uniquely challenging market today," Buffalo Wild Wings CEO Sally Smith recently wrote in a letter to shareholders.
According to Smith, these sit-down restaurants' struggles can blamed on the most-frequently besmirched generation: millennials.
"Millennial consumers are more attracted than their elders to cooking at home, ordering delivery from restaurants and eating quickly, in fast-casual or quick-serve restaurants," Smith wrote.
Millenials are too focused on food ordering apps and healthy cuisine.
(Score: 1, Interesting) by Anonymous Coward on Tuesday June 06 2017, @03:17AM (1 child)
The minimum wage has some effect on this, but the bigger issue is that corporations are sucking people dry at every opportunity. People have less money than they previously did because corporations refuse to pay people for their time and effort and to make that even worse, they're expecting to charge ungodly amounts of money for the products and services that they're selling.
There's absolutely no reason for my internet to cost $100 a month other than greed and there's no reason for most jobs to pay starvation wages other than corporations have gotten together and basically refused to offer decent competition.
I don't think it's so much the quality of the food that's the issue so much as the fact that you can make it for yourself for less. If you're going to go out it makes more sense to hit a restaurant that's either at the fast/cheap end of the spectrum or at the higher end where you can really enjoy the food and the entire experience. These places that the article talks about are in an uncomfortable medium between the two where they're expensive, but they're not really that great of an experience.
(Score: 2) by hendrikboom on Wednesday June 07 2017, @02:12AM
It took a while to find the ISP, but my internet costs about $50 a month. And that's puny Canadian dollars. Fast enough for Netflix. And recently they emailed me telling me that they had to reduce the price. Because they could.
I weep for people that can't access this kind of ISP.
-- hendrik