, restaurant analyst John Gordon told correspondent Kate Taylor that casual dining restaurants are seeing double the revenue losses of fast-food restaurants. While casual dining restaurants are seeing average revenue declines of 60-90%, fast-food restaurants are seeing nearly half that, with an average 35% decline.
A Taco Bell representative told Business Insider that the chain is "very sensitive to our team members' feedback, and we want them to know that we hear their concerns." Still, much of working-class America depends on fast-food restaurants, and I can't judge people for doing what is right for their wallets and busy schedules. Being able to eat at independent restaurants, especially of the caliber of chef's like Pomeroy, is a privilege, and not one that everyone can afford. And that's a major reason — and not a wrong one — that diners will choose a $3 Wendy's burger over $9 Pad Thai from a local restaurant.
I’m avoiding ALL restaurants. I can’t trust any restaurant employee living paycheck to paycheck to self quarantine if they’re sick. Same for food delivery services whose employees have filthy cars & are known to contaminate food on a regular basis. I’m not dying for a Big Mac.
I refused to eat at chain restaurants before the pandemic too.
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »