Though I’ll confess to liking Waffle House
A casualty of rising grocery and rent costs, I assume. Capitalism sure does love eating itself.
One of the biggest things I miss about my college days is literally just the cafeteria. It was so nice to just walk over whenever I want, not have to get out my wallet, grab some food (or not!), and sit around as long as I like or fuck off immediately.
Go to Applebeas so you can pay $30 for a $10 Sysco frozen meal
We have a take out only Italian place opening up soon in an old bank and I’m stoked for it. Fuck sitting in a restaurant.
Another issue is that many of these restaurants are now owned by private-equity groups that borrowed a lot of money for their acquisitions and are not seeing the cash flow they needed to come out even. TGI Fridays, Red Lobster, Hooters of America, and P.F. Chang’s were all purchased by private-equity groups in the last decade. TGI Fridays has 58% fewer restaurants than it did in 2019, and Hooters had 23% fewer, according to data from industry research firm Technomic.
“Wait, it’s the fault of greedy capitalists bleeding companies dry for short-term profits?”
“Always has been”