Irene and I dove into why the restaurant industry is looking like it will be dominated by chains after the pandemic. Executives at Dunkin', Chipotle, and Domino's have all painted real estate opportunities as the silver lining of the restaurant apocalypse. But, where does that leave independent restaurants that are struggling to survive?
Elliott Nelson, who currently owns 20 restaurants in Oklahoma and Arkansas and has been approached by a major chain about selling locations, said that he expects many independent restaurant owners to simply give up. "It's going to be hard to muster up the energy to want to keep going and do it again," Nelson said. "How would you feel if the biggest thing you worked really hard on was replaced by Taco Bell? So much of your soul goes into building unique stuff, and if you see it become so homogenous, that's especially heart-wrenching."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Citadel's remote summer internship at a luxury Wisconsin resort - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. $400/night they were putting these kids in a motel 6
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's biggest advertising and media stories for August 27 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Good That’s right I forgot small business’s didn’t exist until Facebook. They are doomed DeleteFacebook Facebook
Source: BusinessInsider - 🏆 729. / 51 Read more »
How the most populated cities in the world are reopening restaurants - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How Amazon CEO Jeff Bezos makes and spends his $200 billion fortune - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This is just embarrassing. How does he sleep at night? Comfy, I’m sure. ***According to your Archives.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon CEO Jeff Bezos' net worth passes $200 billion - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Prenup Sheesh congrats Jeff Bezos lol Good for him, dream big 🙌🏻
Source: BusinessInsider - 🏆 729. / 51 Read more »