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: 3, Insightful) by maxwell demon on Tuesday June 06 2017, @07:51AM (1 child)
So capitalism is fundamentally based on evil? That certainly explains a lot.
The invisible hand is not the hand of god. It's the hand of the devil.
The Tao of math: The numbers you can count are not the real numbers.
(Score: 1) by khallow on Wednesday June 07 2017, @04:19AM
Well, we have this infamous Machiavelli quote:
Perhaps you ought to wonder why systems "based on evil" work better than those that aren't?