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Restaurant closure thread

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Re: Restaurant Closures and Current Situation Thread

Postby mommy22 » Thu 29 May 2008, 12:56:29

In my town, (about 25,000) in NEOhio, a bunch of restaurants have closed. Let's see...Steak n Shake, Longhorn Steakhouse, Outback Steakhouse, a nice place on our town square that was locally owned. But new retail space withing the city limits is BOOMING!!!
I took the girls for dinner to a local (cheap)hot dog place that is locally owned and every seat was taken on a Saturday night. Also, they are building a new shopping complex with...your favorite vision master, Olive Garden!
Speaking of dentists being lone occupants of new buildings: If you have kids BEWARE!!
Dentist have become not someone to whom you go 1-2 times per year for a cleaning or other needed service....they are there to sell you new services. I had to be very firm with my dentist who nearly accused me of child abuse because I didn't see the need for the plastic film to be applied to my kids teeth to avoid caveties. I told him: we don't drink soda, candy is still a treat, and they brush twice a day, and they come from good dental stock (their dad and I both have good teeth). We did go to an orthodontist when my older daughter was in 2nd grade (9 years old). Her teeth were falling out left and right and coming in all funky. He told me to come back in a year. I asked him why so many 8-9 year olds at her school already had braces, and he said that if they get the kids in theer young, they'll have braces on for up to 4 years (!) and he'll make twice as much money on them. If you wait til they are 12-13, it'll only take about 1 year, and the orthodontist won't make as much money. As it turns out, her teeth came in straight and beutiful (they say that long term nursing can give kids straight teeth)and same with my younger daughter.
All I'm saying, is they (dentists) are nothing more than salesmen anymore, so they can afford those new rents.
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Re: Restaurant Closures and Current Situation Thread

Postby misterno » Thu 29 May 2008, 13:36:08

"All I'm saying, is they (dentists) are nothing more than salesmen anymore, so they can afford those new rents."

Best quote of the day. I can not agree more.
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Re: Restaurant Closures and Current Situation Thread

Postby burtonridr » Thu 29 May 2008, 13:54:08

In the past month we have had about 10 go out of business on our paper route.
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Re: Restaurant Closures and Current Situation Thread

Postby cube » Thu 29 May 2008, 14:54:13

$this->bbcode_second_pass_quote('vision-master', 'O')ld News.............

They have really good food at a moderate price.

Baker's Square owner files Chap. 11, will close 56 restaurants
restaurants can be put into 3 very broad categories

cheap: less than $10
mid-range: $10 to $30
high-end: over $30

If you can afford to eat for over $30, chances are you have enough financial resources to insulate yourself from the world's problems, at least that's my theory.

As for cheap places like McDonald's it's going to take a depression NOT a recession to make people not be able to afford a big mac.

That leaves the mid-range restaurants. I think this is where most of the blood is going to get spilled....that also includes Olive Garden.

Mad TV - Olive Garden Commercial
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Re: Restaurant Closures and Current Situation Thread

Postby Byron100 » Thu 29 May 2008, 15:20:21

I for one am awful glad to see some of these horrid chain places close. Ever since I saw the movie "Office Space" and its infamous scene with the "17 pieces of flair", I pretty much quit going to those places. They charge way too much for crappy food, the managers of these places are about as dumb as a sack of gravel, and in some cases, just downright dirty and nasty. A world without Chili's, Ruby Tuesday's and most especially Red Lobster (grrrr) is a happier place to be. And to think people actually wait in frickin' line for to eat at those places. :wink:

That being said, I'm a huge supporter of the local mom-and-pop eatery, and pretty much limit my eating out to those kinds of places. Nothing like getting a delicious meal at the Galaxy Diner for $8.99 served by a waiter who actually has time to chit chat with ya. (Imagine that! And no 17 pieces of flair either...LOL!) The local cafeteria rocks too, and yes, it's within walking distance. :-D

What I really hope the coming depression does is to destroy so-called "tourist" communities...those places are nothing but a blight upon the landscape, and I'll be thrilled to see those places turn into ghost towns. I've never understood the idea of spending lots of $$ just to travel to a place filled with gobs of annoying tourists and their bratty, snotty kids...not to mention being ripped-off right and left...ugh. If go on a trip, I want peace and quiet, think of a remote mountain cabin or a campsite you have to drive down 5 miles a dirt road to get to... :wink:
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Re: Restaurant Closures and Current Situation Thread

Postby vision-master » Thu 29 May 2008, 15:24:41

The World is flat.

Travel and you see the same crapoa chain food joints everywhere.
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Re: Restaurant Closures and Current Situation Thread

Postby Byron100 » Thu 29 May 2008, 15:26:12

$this->bbcode_second_pass_quote('vision-master', 'T')he World is flat.

Travel and you see the same crapoa chain food joints everywhere.


Yeah, and that just blows. Down with chains!! :lol:
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Re: Restaurant Closures and Current Situation Thread

Postby cube » Thu 29 May 2008, 16:55:30

$this->bbcode_second_pass_quote('Byron100', 'I') for one am awful glad to see some of these horrid chain places close. Ever since I saw the movie "Office Space" and its infamous scene with the "17 pieces of flair", I pretty much quit going to those places. They charge way too much for crappy food, the managers of these places are about as dumb as a sack of gravel, and in some cases, just downright dirty and nasty. A world without Chili's, Ruby Tuesday's and most especially Red Lobster (grrrr) is a happier place to be. And to think people actually wait in frickin' line for to eat at those places. :wink:
be careful what you ask for

We spend a lot of time talking about transportation on this board but my gut tells me there's MUCH more people employed in the food service industry. Because of this, an argument can be made that restaurants closing down would actually effect society more so then airlines or trucking companies going out of business.
You may not like the "17 pieces of flair" or was that 15?, but there are people out there who's livelihood depends on stuff like that.
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Re: Restaurant Closures and Current Situation Thread

Postby burtonridr » Thu 29 May 2008, 18:52:29

$this->bbcode_second_pass_quote('cube', '
')We spend a lot of time talking about transportation on this board but my gut tells me there's MUCH more people employed in the food service industry. Because of this, an argument can be made that restaurants closing down would actually effect society more so then airlines or trucking companies going out of business.
You may not like the "17 pieces of flair" or was that 15?, but there are people out there who's livelihood depends on stuff like that.


+1 15 pieces of flair.

I dont think that restaurants closing will affect society more than trucking companies going out of business.

HAVE YOU LOST YOUR MIND! :lol:

Without trucking companies everything is screwed.

But then again its not like one industry is just going to shut down without everything else going with it.

Every industry has an affect on another industry which affects another industry. Its like the circle of life, you take one thing out of the equation and everything else feels the pain.

For example; Lets talk about the restaurant industry. If a restaurant goes out of business that means, the butcher, the shipping company, the vegetable supplier, the cleaning chemical supplier, the state and government that collects taxes, the power supplier, the dry cleaner that cleans the uniforms and everyone else supplying the restaurant is affected and their business will slow down a little.

Now take any one of the suppliers in that list supplying the restaurant and and think about everyone that will be affected when that supplier goes out of business.

Anyone going out of business is a bad thing for the people that provide goods and services to the business that went out of sale.

Its so crazy, I'm sure the reason that restaurants are dropping like flies the general public doesnt see a rosy picture in the future anymore. So they are scrambling to pay off debt and fast, as well as save as much money as possible each month because they dont know if their business is next. So in order to save money they stop going out to eat, stop buying coffee, stop going to the movies, stop doing anything that is not necessary to save money.

So now what happens is money stops flowing, its like a log jam in the lazy river at a water park. Under normal circumstances the water just flows in a circle, from the consumer, to businesses, to the government, to businesses, back to the consumer. Everyone starts hording money, the value of the system is still there, just everyone is scared that the money may not make it back to them.

Crazy stuff to wrap my head around... :roll:
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Re: Restaurant Closures and Current Situation Thread

Postby burtonridr » Thu 29 May 2008, 18:52:48

$this->bbcode_second_pass_quote('cube', '
')We spend a lot of time talking about transportation on this board but my gut tells me there's MUCH more people employed in the food service industry. Because of this, an argument can be made that restaurants closing down would actually effect society more so then airlines or trucking companies going out of business.
You may not like the "17 pieces of flair" or was that 15?, but there are people out there who's livelihood depends on stuff like that.


+1 15 pieces of flair.

I dont think that restaurants closing will affect society more than trucking companies going out of business.

HAVE YOU LOST YOUR MIND! :lol:

Without trucking companies everything is screwed.

But then again its not like one industry is just going to shut down without everything else going with it.

Every industry has an affect on another industry which affects another industry. Its like the circle of life, you take one thing out of the equation and everything else feels the pain.

For example; Lets talk about the restaurant industry. If a restaurant goes out of business that means, the butcher, the shipping company, the vegetable supplier, the cleaning chemical supplier, the state and government that collects taxes, the power supplier, the dry cleaner that cleans the uniforms and everyone else supplying the restaurant is affected and their business will slow down a little.

Now take any one of the suppliers in that list supplying the restaurant and and think about everyone that will be affected when that supplier goes out of business.

Anyone going out of business is a bad thing for the people that provide goods and services to the business that went out of sale.

Its so crazy, I'm sure the reason that restaurants are dropping like flies the general public doesnt see a rosy picture in the future anymore. So they are scrambling to pay off debt and fast, as well as save as much money as possible each month because they dont know if their business is next. So in order to save money they stop going out to eat, stop buying coffee, stop going to the movies, stop doing anything that is not necessary to save money.

So now what happens is money stops flowing, its like a log jam in the lazy river at a water park. Under normal circumstances the water just flows in a circle, from the consumer, to businesses, to the government, to businesses, back to the consumer. Everyone starts hording money, the value of the system is still there, just everyone is scared that the money may not make it back to them.

Crazy stuff to wrap my head around... :roll:
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Re: Restaurant Closures and Current Situation Thread

Postby Cog » Thu 29 May 2008, 19:33:57

But I thought we wanted people to start adopting a simpler life-style to save on oil. Cooking meals at home from scratch with cheaper ingredients is all about that.
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Re: Restaurant Closures and Current Situation Thread

Postby Byron100 » Thu 29 May 2008, 19:34:56

I know all this talk of everything shutting down is depressing to some, but we've got to contract our economy somehow. We simply cannot live at X standard of living as the dwindling supply of oil will only allow us to live at X standard of living, and eventually at the lower level of Z. I think it's far better to have the beginning of a decline now by cutting out "frivolous" activities as much as we possibly can, so we can have the resources for essential activities tomorrow.

As for employment, I honestly don't see any way out of this conundrum except by way of staggering increases in governmental spending (possibly all the way up to 80% of GDP), by way of massive government programs employing the millions that will be soon rendered jobless by the traditional economy. I know this would violate the traditional rules of economics, spending money you don't have, etc, but I sure do hope they try. I mean, we have absolutely nothing to lose.

In the meantime, I urge everyone I know to spend as little as possible, and save as much as possible...you really are going to need that money later...
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Re: Restaurant Closures and Current Situation Thread

Postby Jack » Thu 29 May 2008, 20:21:57

$this->bbcode_second_pass_quote('Cog', 'B')ut I thought we wanted people to start adopting a simpler life-style to save on oil. Cooking meals at home from scratch with cheaper ingredients is all about that.


Is it? Suppose I want some bread. I could combine flour, yeast, and other ingredients, bake them in the oven, and produce a loaf. Or, I could procure a loaf that was produced in a commercial bakery.

Considering all the resources used to produce and deliver a bag of flour, a sealed packet of yeast, and so forth, I wonder. Add in the problem that the oven heats up to produce a single loaf.

Or consider a can of chili. Compare what is involved in creating home made chili. Which really consume more resources?

Complicated, isn't it?

8)
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Re: Restaurant Closures and Current Situation Thread

Postby Jack » Thu 29 May 2008, 20:27:27

$this->bbcode_second_pass_quote('Byron100', 'I') know this would violate the traditional rules of economics, spending money you don't have, etc, but I sure do hope they try. I mean, we have absolutely nothing to lose.


So, let's suppose we do that. What happens?

Deficit spending means we either borrow the money - leading to very high interest rates, which will break the economy.

Monetizing the debt means inflation. Which would wipe out all debt and all savings. Zimbabwe is up to 1,000,000% inflation - not a pretty sight.

Massive tax increases will lead to massive tax evasion. Our tax system depends on voluntary compliance. So we might expect the black market to expand, criminality to increase, and efforts to hide assets and profits to supersede other economic activities. That doesn't look good either.

Or....we can conduct triage. Which means the poor will suffer terribly. Sorta like always.

Oh, well. It stinks to be them...

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Re: Restaurant Closures and Current Situation Thread

Postby Cog » Thu 29 May 2008, 20:29:50

@ Jack

You have greatly annoyed me now by causing me to think about this problem. :o :o
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Re: Restaurant Closures and Current Situation Thread

Postby Jack » Thu 29 May 2008, 20:36:00

$this->bbcode_second_pass_quote('Cog', '@') Jack

You have greatly annoyed me now by causing me to think about this problem. :o :o


It is said that misery loves company.

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Re: Restaurant Closures and Current Situation Thread

Postby truecougarblue » Thu 29 May 2008, 20:44:18

Applebees is closing its restaurants at the following locations and laying off a total of 1,071 employees by the end of this month: (3 days from today)

1238 West Imperial Highway, La Habra
24872 Madison Ave., Murrieta
1021 N. Milliken Ave., Ontario
107 Fletcher Parkway, El Cajon
10709 Foothill Blvd., Rancho Cucamonga
12044 Amargosa Road, Victorville
12375 Limonite Ave., Mira Loma
12600 Day St., Moreno Valley
16867 Sierra Lakes Parkway, Fontana
19201 Bear Valley Road, Apple Valley
2046 Redlands Blvd, Redlands
2146 Vista Way, Oceanside
3820 Mulberry, Riverside
3956 Grand Ave., Chino
7510 Hazard Center Drive, San Diego.
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Re: Restaurant Closures and Current Situation Thread

Postby cube » Fri 30 May 2008, 00:34:38

$this->bbcode_second_pass_quote('Jack', '.')...
Is it? Suppose I want some bread. I could combine flour, yeast, and other ingredients, bake them in the oven, and produce a loaf. Or, I could procure a loaf that was produced in a commercial bakery.

Considering all the resources used to produce and deliver a bag of flour, a sealed packet of yeast, and so forth, I wonder. Add in the problem that the oven heats up to produce a single loaf.

Or consider a can of chili. Compare what is involved in creating home made chili. Which really consume more resources?

Complicated, isn't it?

8)
Yes I see what you're saying. You're making the argument of division of labor and economies of scale.
however......
Look at it this way.
Suppose you got downsized. You are now working part time instead of full time. Or maybe your wife just lost her job because there isn't enough jobs to go around. You have less money but more time on your hands.
Home cooking starts to look like a necessity now doesn't it? :wink:
///
I think you're assuming you'll have the same "choices" in a post PO world. That is totally false.
For example you can make your own lunch sandwiches. You'll be stuck eating the same type of bread, cheese, and meat for the entire work week but it will be cheaper than going to a deli and having a choice of over 2 dozen types of meats, cheeses, and breads.
see what I mean?
///
I guess this is where all the feminists get mad at me.
I think we're going to see a return to a 1950's style of living.
What the hell am I trying to get at?
If you married for example a Mexican woman I hope you like Mexican food because that's what you're going to be eating 7 days a week. That's the way it was back in the 1950's and that is where we're heading. What we have today, going out to restaurants and choosing Chinese, Japanese, Italian, Indian, American food, etc... whatever to your hearts content will be over.
Like I said before you will have less food choices.
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Re: Restaurant Closures and Current Situation Thread

Postby Jack » Fri 30 May 2008, 01:26:11

You make some good points, Cube.

I keep thinking of the more distant past, though.

For example, England during Dicken's time - with bakers. Individuals couldn't afford ovens.

And I seem to recall that third world villages have shared ovens....

An even more dim memory was that Rome had lots and lots of small eateries that served simple meals. It would take a fairly hard crash to get us back to Rome.

Anyway, I agree there will be far less choice. I'm just not completely sure it means cooking at home.
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Re: Restaurant Closures and Current Situation Thread

Postby cube » Fri 30 May 2008, 01:56:36

Wow you sound more doomer-ish than me Jack.
I can't imagine society going so far down the slope they can't even afford an oven.
I was thinking the near future aka within my lifetime.
I think a quick and dirty way to "predict" what a PO future will look like is to ask yourself this simple question. Imagine waking up tomorrow morning and you just got a 50% pay reduction.
What would you do? ---> I don't know about you but I'd start cooking at home!

A PO world is where you have less money to spend. The average American could probably cut their food bill in half by cooking at home using simple ingredients. I think the reason why cooking at home almost NEVER gets brought up is because lets face it, most people on this forum are men. It's not a subject that gives men Adult content text deleted unlike say long haul trucking, lithium ion batteries, and the aerodynamic principles of electric cars. :roll:
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