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Thanks to Wall St., There May Be Too Many Restaurants

Thanks to Wall St., There May Be Too Many Restaurants
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  • Thanks to Wall St., There May Be Too Many Restaurants

    Post #1 - October 31st, 2017, 6:53 am
    Post #1 - October 31st, 2017, 6:53 am Post #1 - October 31st, 2017, 6:53 am
    Since the early 2000s, banks, private equity firms and other financial institutions have poured billions into the restaurant industry as they sought out more tangible enterprises than the dot-com start-ups that were going belly-up. There are now more than 620,000 eating and drinking places in the United States, according to the Bureau of Labor Statistics, and the number of restaurants is growing at about twice the rate of the population.

    https://www.nytimes.com/2017/10/31/busi ... .html?_r=0
    "Sandwiches are wonderful. You don't need a spoon or a plate!"
    Paul Lynde
  • Post #2 - October 31st, 2017, 8:18 am
    Post #2 - October 31st, 2017, 8:18 am Post #2 - October 31st, 2017, 8:18 am
    Too many BAD restaurants for sure.
    i used to milk cows
  • Post #3 - October 31st, 2017, 4:18 pm
    Post #3 - October 31st, 2017, 4:18 pm Post #3 - October 31st, 2017, 4:18 pm
    teatpuller wrote:Too many BAD restaurants for sure.

    All of the above!

    I have been to so many where I am like is this a front because the food is so bad it is the only logical explanation.

    EDITED: Additional data found in this DNA Info regarding highest grossing restaurants in Chicago. https://www.dnainfo.com/chicago/2017103 ... -expensive
    Ava-"If you get down and out, just get in the kitchen and bake a cake."- Jean Strickland

    Horto In Urbs- Falling in love with Urban Vegetable Gardening

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