Quote from: K-Dog on Jul 11, 2024, 01:41 PMQuote from: RE on Jul 11, 2024, 12:04 PMNot a good time to go to culinary school.
Date night now means going to the Hot Food counter at Kroger and ordering Swedish Meatballs from the steamer tray.
https://www.aier.org/article/the-end-of-the-restaurant-as-we-know-it/
RE
Evidence for collapse. An Alien sociologist of the far future will see it as a thermometer measuring the consequences of multiple breakdown points. Social and economic strains with hot times ahead.
Even in a city of millions. Good luck finding something open late.
That was a good article. But as it makes clear, it is the end of restaurants as WE know them, meaning middlebrow restaurants. Rising food costs, declining foot traffic and shrinking margins make operations a loser. To say nothing of the fact that J6P is utterly and completely tapped out. For many the weekly "family dinner out" is unaffordable.
That said, high end dining always does well. The article says costs are up 22% since the pandemic. The wealthy don't care. Just bring me my Truffle risotto, foie gras and lobster bisque....