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: 0) by Anonymous Coward on Tuesday June 06 2017, @12:48PM (1 child)
That's why you should learn the other guy's definition of "capitalism"; it's the only in this entire thread is even remotely coherent.
(Score: 1) by khallow on Wednesday June 07 2017, @04:28AM
Not any point. This rapidly devolves into the argument from semantics fallacy:
1) Define capitalism with some ridiculous negative connotation unrelated to the real world concept.
2) Assert that the US is capitalist under your pet definition just because it's considered capitalist via the real world concept.
3) Be another idiot on the internet. We clearly don't have enough of them!