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Restaurants Shave Prices, Plump Menus in Response to Steep Drop in Customers
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dmcowen674
No Lifer
Aquila76
Diamond Member
Where the fsck did I say anything about credit cards? Costs have tripled over the last five years and incomes haven't. Mine actually reduced a bit, because my company closed the location I was at (due to MCI's fiasco) and I was forced to find employment in a different field.
Yes, I could make $100 bucks after tipout on a friday or saturday night if I got a good section and tips. Thats 4PM-11PM. 100/7hours=$14.28 a hour + $2.13 a hour could make my hourly over $16 which is a lot better than $2.13. But then again there were many shifts when you got stuck with a not so good section, a slow night, people that didnt spend much or bad tippers and your hourly would not be anywhere near $15-$20. I would average more closer to $30-$65 in tips Sunday-Thursday
dmcowen674
No Lifer
Wasn't directed at you directly but what you are saying goes against everything we are being told, incomes have been rising exponetially according to the AT faithful.
spike spiegal
Member
I'm sorry, but the mean 'real imcome' of the american family has declined over the past decade. Even moderate republicans admit that one. Blame it on whatever.
My family owns a popular nightclub / restraunt, and some of the full time servers make $40-50k a year. They also don't have families to take care of because those prime time tip hours are weekend and nights.
My favorite steak place in town that hasn't shwon a decline in service or quality is easily Logan's Steak House. Follwed closely by Out Back. Friday's has gone a bit flaky the past year or two, and in some cases they remodeled and installed noise reflective walls to make the place see more 'chattery' and busy. Gave me a headache and I haven't been back since.
My family owns a popular nightclub / restraunt, and some of the full time servers make $40-50k a year. They also don't have families to take care of because those prime time tip hours are weekend and nights.
My favorite steak place in town that hasn't shwon a decline in service or quality is easily Logan's Steak House. Follwed closely by Out Back. Friday's has gone a bit flaky the past year or two, and in some cases they remodeled and installed noise reflective walls to make the place see more 'chattery' and busy. Gave me a headache and I haven't been back since.
mugs
Lifer
Why haven't you moved to Canada yet?
Edit: Who is the hot chick with conjur? http://www.mcowen.com/images/6-10-05_Conjur_Visit/Jerry_Visit_6-2005.htm
dmcowen674
No Lifer
What happens in New Orleans stays in New Orleans 😀
dmcowen674
No Lifer
Why would I want to live in a giant commune???
The exchange rate vs the pound is not good at all, but people in England must have it good when they visit other parts of the country. For comparison purposes, the minimum wage in the UK is $10, compared to $5 here.
I think the UK still uses the pound to not make their prices look so expensive
I think London is the most expensive city in the world
are you blind too?
me:
the article:
they way you've painted it everyone that owns assets (like a house) is rich! that's preposterous! there are many solidly middle class people with houses and investment retirement accounts. but you just either ignore them or group them with people not in their socio-economic strata. it's a binary world for you, isn't it?
oh, and that 2.7% is an inflation adjusted number, so wages are rising. just not very quickly. but again, what can you expect with 2 BILLION more laborers in the world economy?
theeedude
Lifer
Looks like the richers still have money to burn, while the middle class can't afford to put food on their family 😀
Ruth's Chris Earnings more than tripple.
Of course they still need more taxcuts to make ends meet. :roll:
Ruth's Chris Earnings more than tripple.
Of course they still need more taxcuts to make ends meet. :roll:
have you ever worked as a waiter before? I suggest you try it before you open your big mouth about the subject ever again. Serving is one of the toughest jobs in the customer service industry, they work hard for their tips. I worked as a waiter fridays and saturday nights, try turning (on average) 20 to 30 tables in one night, with at least 2 ppl per table, trying two balance 5 or six tables at once ordering plating and serving them. it's a very respectable job that can (for those that work hard enough) provide for a family.
You have a bad view of the waiters and fine dining in general. Do not base your opinions about service and serving on your limited view of fine dining. try going to an upscale restaurant versus the typical TGIF and you'll notice a big difference. Please do not bag on the waiter and they do serve a function in this economy, and most of them do it rather well.
If you still feel so strongly after doing the suggestions I made above, then you do not belong in that type of restaurant. go to the hometown buffet instead.
DrPizza
Administrator Elite Member Goat Whisperer
Just another thought, but could part of the problem also be the number of locations these restaurants are building??
I mean, when you build a 2nd location 10 miles away from your first location, do you not even consider that the new location is going to "steal" customers from the old location? Add to this the strips where a new chain restaurant seems to appear every other month... they're all competing for a share of the market. Building more restaurants isn't going to automatically create more people eating out; it's going to cause everyone to have to share the same number of diners.
I mean, when you build a 2nd location 10 miles away from your first location, do you not even consider that the new location is going to "steal" customers from the old location? Add to this the strips where a new chain restaurant seems to appear every other month... they're all competing for a share of the market. Building more restaurants isn't going to automatically create more people eating out; it's going to cause everyone to have to share the same number of diners.
dmcowen674
No Lifer
Did people stop driving there?
What is drving prices down there and not other places in the Country?
Still $3 here.
ponyo
Lifer
High end places have not experienced much if any slowdown because much of their business is corporate expense account dining. Corporate profits are still up for the most part so expense accounts haven't suffered. Highend restaurants get hurt when corporate profits hurt and companies tighten expense account spending.
Fast food is still holding fairly steady because it's still fairly cheap and people still need to eat for cheap and fast on the go.
Casual restaurants are getting killed because of the gas prices. Yes, even mom and pops. Actually this downturn will hurt mom and pops even more because they don't have to resources like the big chains to weather this downturn. Oversaturation is hurting the chains and the casual restaurants but the lack of disposable income from the higher gas prices and interest rates are the real causes. Americans are drowning in ever increasing credit card debts ,and the higher interest rates and minimum payments are not helping. The easiest places to cut are entertainment and dining out.
But this is only temporary downturn. Restaurant industry will survive and thrive later. Americans are still lazy and still don't have the time to cook. People's poor taste will not change and people will continue to seek out chains due to name recognition, convenience, and consistency.
Fast food is still holding fairly steady because it's still fairly cheap and people still need to eat for cheap and fast on the go.
Casual restaurants are getting killed because of the gas prices. Yes, even mom and pops. Actually this downturn will hurt mom and pops even more because they don't have to resources like the big chains to weather this downturn. Oversaturation is hurting the chains and the casual restaurants but the lack of disposable income from the higher gas prices and interest rates are the real causes. Americans are drowning in ever increasing credit card debts ,and the higher interest rates and minimum payments are not helping. The easiest places to cut are entertainment and dining out.
But this is only temporary downturn. Restaurant industry will survive and thrive later. Americans are still lazy and still don't have the time to cook. People's poor taste will not change and people will continue to seek out chains due to name recognition, convenience, and consistency.
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