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Started By
Message
re: Concessions at The Box
Posted on 2/18/24 at 8:50 pm to doubleb
Posted on 2/18/24 at 8:50 pm to doubleb
quote:
So there is no incentive to increase sales?
Aramark has 250K employees and a market cap of $8 Billion. Do you think they give a flying frick about soggy hot dog buns at a baseball game in Baton Rouge Louisiana?
Posted on 2/18/24 at 9:11 pm to semjase
quote:
They're weak addicts that can't go an hour or two without stuffing their face with anything remotely edible. "I want and need my gourmet concession stand food to keep me satisfied and satiated. I need my alcoholic beverage too."
Wait, we aren’t supposed to have beers at ball games now? What the frick
Posted on 2/18/24 at 9:30 pm to bgtiger
quote:
Do you people go to games for food?
That’s the point
Posted on 2/18/24 at 9:34 pm to Classy Doge
Nothing better than the old diamond grill at old Alex box
Burgers right off the grill and the chili dogs were legit
Burgers right off the grill and the chili dogs were legit
This post was edited on 2/18/24 at 9:35 pm
Posted on 2/18/24 at 10:11 pm to Veritas
quote:
Where is the: -andouille sausage -poboys -boudin balls -gumbo -jambalaya -crawfish etouffee -beignets -chicory coffee -red beans and rice
How about the classic ice-cold water?
Posted on 2/19/24 at 5:26 am to Hold That Tiger 10
quote:
Is Skip ever on record speaking about the improvement of the concessions stands that I've never heard?
Actually…
Posted on 2/19/24 at 6:36 am to Thib-a-doe Tiger
Pastalaya was really good last year.
Thibadoe at least the beers are only $6 at the Nicholls baseball games. That’s basically 2 for 1 compared LSU games.
Thibadoe at least the beers are only $6 at the Nicholls baseball games. That’s basically 2 for 1 compared LSU games.
Posted on 2/19/24 at 7:21 am to TDTiger225
quote:
These aren't mutually exclusive. Concessions can be dramatically improved without spending millions of TAF dollars.
I wasn’t the one who brought Johnson’s name up. Someone else did. I just pointed out that if he is going to push for something it sure isn’t going to be better concessions.
Posted on 2/19/24 at 7:22 am to Basura Blanco
quote:
Posted byMessageBasura BlancoConcessions at The Box by Basura Blancoquote:So there is no incentive to increase sales?
Aramark has 250K employees and a market cap of $8 Billion. Do you think they give a flying frick about soggy hot dog buns at a baseball game in Baton Rouge Louisiana?
They care about making money and if they could demonstrably increase profits it’s logical to think they would.
Posted on 2/19/24 at 7:28 am to doubleb
quote:
So there is no incentive to increase sales?
Not at the expense of profit margin.
Aramark pays LSU a percentage of total revenue, not profits. For football and baseball, LSU’s commission starts at 45% of total sales and actually increases with total revenue (up to 52% of sales over $6.5 million annually).
So Aramark gets 55% (or less) of total sales, minus their operating costs and cost of goods sold.
In return for the heavy commission, Aramark gets a captive market with no competition. This arrangement has some consequences:
- Since LSU’s commission is based on revenue, not profit, Aramark has a strong incentive to focus their efforts on the highest-margin sales (for example, fountain drinks).
- Additionally, they have a fairly strong disincentive against waste, as the full burden of waste hits Aramark’s bottom line after LSU’s cut.
- The captive market means many people will buy something, even if Aramark doesn’t have whatever they actually want.
- Adding variety likely means A) adding items at lower margins or reducing margins on other items (due to economies of scale) and B) increasing waste, while C) having limited/disproportionate impact on total sales since everyone who buys food is buying from Aramark anyway.
The net result is that Aramark has little incentive to add variety/quality unless that variety/quality is going to bring in customers who would not have bought anything otherwise. The contract has language around quality and fan satisfaction but it’s a secondary motive that has to be actively enforced by LSU.
ETA: The TL;DR is that there are plenty of scenarios where a marginal increase in sales can actually be a net negative for Aramark’s bottom line, and that’s without getting into their margin expectations as a company (which may mean that increased sales at lower margins are viewed negatively, even if they are technically a positive for the bottom line).
This post was edited on 2/19/24 at 7:36 am
Posted on 2/19/24 at 8:19 am to burreauxxx
quote:
Do you people go to games for food?
This IS Louisiana!
Posted on 2/19/24 at 8:24 am to Bayou
well, there is still the freshly popped popcorn trucked over to the box hours before game time.
Posted on 2/19/24 at 8:41 am to Bayou
I got two cold shriveled up hot dogs for $8.80. And the frickers stopped taking cash
Posted on 2/19/24 at 8:50 am to nicholastiger
quote:
Nothing better than the old diamond grill at old Alex box
Burgers right off the grill and the chili dogs were legit
The grilled chicken sandwiches were:chefsmooch:
Posted on 2/19/24 at 8:53 am to tigersbsbfan23
quote:
They got rid of the jambalaya guy and the papa John’s stand.
Papa Johns will be there when the season gets cranked up and basketball is over.
Posted on 2/19/24 at 9:20 am to lostinbr
quote:
The net result is that Aramark has little incentive to add variety/quality unless that variety/quality is going to bring in customers who would not have bought anything otherwise
Thanks for the overall review. There really aren’t a lot of reasons for Aramark to diversify and to spend dollars preparing food.
Thxs for explaining their deal.
Posted on 2/19/24 at 9:36 am to bgtiger
quote:
Do you people go to games for food? Just get some damn peanuts and a coke and stop fricking crying. Biggest bitch made fanbase ever
LOL Ok tough guy. Games are long and sometimes people have to work and don’t have time to eat before hand. Having decent options given the price isn’t asking for a lot.
Posted on 2/20/24 at 9:59 am to tigersbsbfan23
quote:
They got rid of the jambalaya guy and the papa John’s stand.
That chicken jambalaya was filling but man, it needed a lot more trinity
Posted on 2/20/24 at 12:21 pm to Bayou
I was able get suite tickets for one of the early non conference game. Ordered a burger off the menu they had at the bar and that thing was on point. Now it wasn’t cheap but it was damn worth what it cost. That wasn’t no Aramark burger that is for sure. Don’t understand why they can’t up their game some
Posted on 2/20/24 at 5:04 pm to Ponchy Tiger
To each his own. Give me a decent hot dog and a cold beer and I'm good.
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