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RE: US Restaraunt Industry is biggest collapse since 2009 --- I wonder why?

in #money7 years ago

I work in fine dining and we recently had a store meeting where my boss had mentioned that middle tier restaurants such as Chili's, AppleBees, etc are really suffering. Luckily we haven't seen that same decline in sales but we have definitely seen the increase in turnover. We lost 4 managers and probably a dozen servers over the past year, not to mention the ten plus dish washers and a few back of house guys. In the past year about 40% of our staff has changed I would say.

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Everyone is in survival mode. I feel like the next shoe is about to drop with the market....I can only speculate what happens to business then?

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