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re: Barstool is down with the Georgia Waffle House strike and so am I
Posted on 3/31/24 at 4:51 pm to Jim Rockford
Posted on 3/31/24 at 4:51 pm to Jim Rockford
This will be an interesting one to watch play out. One of my buddies has been an exec for them for a long time. They run on super tight margins so this would get passed right back in price increases and from what he’s told me the regular audience is insanely price sensitive.
Posted on 3/31/24 at 4:53 pm to billjamin
I don’t even know how they stay in business. The only chain in the world where you can’t place an online order.
This post was edited on 3/31/24 at 4:54 pm
Posted on 4/1/24 at 9:36 am to billjamin
quote:
This will be an interesting one to watch play out. One of my buddies has been an exec for them for a long time. They run on super tight margins so this would get passed right back in price increases and from what he’s told me the regular audience is insanely price sensitive.
It is not possible to raise prices because you experience an increase in production costs...if it were minding production costs would be an meaningless endeavor, you would just pass it on to customers.
If the margins in a business are such that the business must rely on taxpayer subsidies to meet part of its production costs the business is not viable to begin with. Woe poor old Waffle House...they have relied on low wages and government subsidies of housing, transportation, healthcare and other life costs for their workforce for close to 100 years...now that it is beginning to look like maybe they ought to have been footing those bills themselves having a store on 4 corners of an interstate exchange all of a sudden looks like a bad business decision. frick them and ALL low wage employers....
This post was edited on 4/1/24 at 11:23 am
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