10 fading US restaurant chains
These eateries have stumbled over the past decade and may have trouble regaining their footing in a competitive industry.
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Never heard of most of those. I live in the NW. I also tend to not eat at chain places.
Is it the food or the economy?
Mayo and KB from Tenn: You BOTH failed arithmetic and/or writing/composition in 4th grade! What Mayo was apparently trying to say was that part of his assumed 15% tip/gross sales - namely 3 of 15 - goes to the support staff - an industry standard - don't be some greedy Mayo! And KB, sales in this example is not tips - it is the money the RESTAURANT pockets. Therefore, tips on $200 in sales is assumed to be $30, of which $6 goes to the support staff. Everyone makes money.
The sad part is that all these jobs are disappearing because of poor management AND lousy service! "Hi, I'm Kimberly and I'm your server for tonight" is NOT service!
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The major averages began the day on an upbeat note, but relinquished their opening gains during the first 90 minutes of action. The early sentiment was boosted by a better-than-expected nonfarm payrolls report for February (175K versus Briefing.com consensus 163K), but a closer look into the report suggested that ... More
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