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re: Millennials are killing chains like Buffalo Wild Wings and Applebee's

Posted on 6/11/18 at 2:24 pm to
Posted by chalmetteowl
Chalmette
Member since Jan 2008
55396 posts
Posted on 6/11/18 at 2:24 pm to
quote:

Well, then what in your opinion would be an acceptable profit for Wal-Mart to make? If you want to have the discussion, let's at least try and establish what your parameters are.
they can make whatever, just distribute it to the people on the ground who are making it happen. The Home Office is full of bloat and corporate "busy work" types who make it harder on the stores
Posted by atxfan
Member since Jul 2004
4233 posts
Posted on 6/11/18 at 2:25 pm to
I'm surprised to hear that red Lobster is failing. I lived in a smaller city for a few years and began to notice that the Red Lobster was always packed. I eventually became curious and tried to go eat there several times just to see what the attraction was but it was always a 45 min+ wait.

Now whenever I travel I always take note of the Red Lobster parking lots when I pass by and they always seem to be packed. I don't get it... it's not like it's inexpensive. It costs just as much as it would to go to an actual legit restaurant.
Posted by chalmetteowl
Chalmette
Member since Jan 2008
55396 posts
Posted on 6/11/18 at 2:27 pm to
quote:

I don't get it... it's not like it's inexpensive. It costs just as much as it would to go to an actual legit restaurant.
i don't think anyone realizes this... prices have gone up while incomes haven't
Posted by GoCrazyAuburn
Member since Feb 2010
41844 posts
Posted on 6/11/18 at 2:27 pm to
quote:

they can make whatever, just distribute it to the people on the ground who are making it happen


Well then they clearly can't make whatever then. Your sentence contradicts itself. You're the one that wanted to debate it. How much profit should Wal-Mart be allowed to make?

Posted by MontyFranklyn
T-Town
Member since Jan 2012
24301 posts
Posted on 6/11/18 at 2:27 pm to
Well, their biggest problem is the rise of good local restaurants. They are taking more of the market share and leaving chains with an unsavory customer base.

ETA: This is due to the rise of technology and social media. Since people can connect with each other and recommend good local places, many people have bypassed traditional chains for an overall better dining experience that has left chained restaurants scrambling to find a viable long term solution that will stop the bleeding of revenue.
This post was edited on 6/11/18 at 2:30 pm
Posted by atxfan
Member since Jul 2004
4233 posts
Posted on 6/11/18 at 2:31 pm to
The rise of food trucks has also helped. People have the ability to put out good food without all of the start up and overhead typically associated with a restaurant. I'd much rather eat something like that than riblets from Applebees. All of those chains are like eating from the frozen food section of Sam's Club.
Posted by chalmetteowl
Chalmette
Member since Jan 2008
55396 posts
Posted on 6/11/18 at 2:33 pm to
quote:

How much profit should Wal-Mart be allowed to make?
i don't have a specific number in mind, but it would be better if the associates shared in the success. they deserve it more than the Waltons do now that Sam is gone
Posted by MontyFranklyn
T-Town
Member since Jan 2012
24301 posts
Posted on 6/11/18 at 2:35 pm to
quote:


The rise of food trucks has also helped. People have the ability to put out good food without all of the start up and overhead typically associated with a restaurant. I'd much rather eat something like that than riblets from Applebees. All of those chains are like eating from the frozen food section of Sam's Club.

I was counting them as well. Being able to mobilize helps them tremendously. Some brick and mortar spots also have trucks just to take advantage of events around town.
Posted by GoCrazyAuburn
Member since Feb 2010
41844 posts
Posted on 6/11/18 at 2:37 pm to
quote:

i don't have a specific number in mind, but it would be better if the associates shared in the success. they deserve it more than the Waltons do now that Sam is gone


So, you want posters to debate something that you can't even give a single figure on? You think they should give more to their employees than what they already are. Great. How much? What EBITDA % is fair for the corporation to have? What will it cost to make their employees make ends meet as you said?


If you want someone to discuss a topic with you, probably best to have more than what you "feel" should be how things are.
Posted by chalmetteowl
Chalmette
Member since Jan 2008
55396 posts
Posted on 6/11/18 at 3:15 pm to
quote:

So, you want posters to debate something that you can't even give a single figure on? You think they should give more to their employees than what they already are. Great. How much? What EBITDA % is fair for the corporation to have? What will it cost to make their employees make ends meet as you said?
i'm throwing out generalities on an LSU message board, where normal, rational people agree, and if you don't, you're part of the problem. I don't have specific numbers and this is not the place and we are not the people for them.

EDIT: and yes, I don't know what EBITDA % means. Learn me
This post was edited on 6/11/18 at 3:18 pm
Posted by GoCrazyAuburn
Member since Feb 2010
41844 posts
Posted on 6/11/18 at 3:19 pm to
quote:

i'm throwing out generalities on an LSU message board, where normal, rational people agree, and if you don't, you're part of the problem. I don't have specific numbers and this is not the place and we are not the people for them.



Wait, I'm part of the problem because I don't agree with your assertion that is based solely on your feelings and has no supporting arguments to sway my opinion one way or the other? Are you saying only those that agree with your generalities are normal, rational people?

You called out a poster for not wanting to debate a topic that you aren't even remotely prepared to debate. You definitely are not the person for them

quote:

EDIT: and yes, I don't know what EBITDA % means. Learn me


Yikes. Thinks you have the answer on how a company should be run, don't know what earnings before interest, taxes, depreciation, amortization is. I won't say I'm surprised.
This post was edited on 6/11/18 at 3:23 pm
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15825 posts
Posted on 6/11/18 at 3:20 pm to
quote:

EDIT: and yes, I don't know what EBITDA % means. Learn me


And you want to talk about how much a company's execs should make?
Posted by mouton
Savannah,Ga
Member since Aug 2006
28276 posts
Posted on 6/11/18 at 3:24 pm to
quote:

Millennials are to blame for shitty restaurants not having people coming in to eat their shitty microwaved food.


Do you really think most of the entrees at chain restaurants come in fully cooked and are just microwaved like a tv dinner?
Posted by GoCrazyAuburn
Member since Feb 2010
41844 posts
Posted on 6/11/18 at 3:24 pm to
quote:

No CEO is worth more than $5m per year, and I'm being fairly generous.




Please provide your financial analysis to back this assertion up. I'll wait.



yoga girl?
Posted by TigerCoon
Member since Nov 2005
22476 posts
Posted on 6/11/18 at 3:26 pm to
When Chili's first went nation-wide in the early/mid 80s, it was a burger and beer joint chain that also served chili. And it was EXCELLENT.

Then the menu turned into a phone book.
Posted by Impotent Waffle
Baton Rouge
Member since Sep 2007
10139 posts
Posted on 6/11/18 at 3:40 pm to
bullshite! BWW has no one to blame but themselves. Their customer service is atrocious.
This post was edited on 6/11/18 at 3:41 pm
Posted by chalmetteowl
Chalmette
Member since Jan 2008
55396 posts
Posted on 6/11/18 at 3:47 pm to
quote:

Are you saying only those that agree with your generalities are normal, rational people?

pretty much.

who would fight for billionaires to have more?

quote:

You called out a poster for not wanting to debate a topic that you aren't even remotely prepared to debate. You definitely are not the person for them
didn't call out any poster... i know the software always assumes you're responding to someone, but that's not always the case.

there are some things you debate. there are some things you. just. don't.

quote:

Yikes. Thinks you have the answer on how a company should be run, don't know what earnings before interest, taxes, depreciation, amortization is. I won't say I'm surprised.
we're not all at a 15th grade econ level...
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/11/18 at 3:49 pm to
quote:

chalmetteowl


I honestly have no idea how people like you make it through life being so damn ignorant.
Posted by MSMHater
Houston
Member since Oct 2008
23366 posts
Posted on 6/11/18 at 3:50 pm to
quote:

who would fight for billionaires to have more?


I would, but I'm an unapologetic capitalist.
This post was edited on 6/11/18 at 3:51 pm
Posted by GoCrazyAuburn
Member since Feb 2010
41844 posts
Posted on 6/11/18 at 3:51 pm to
quote:

pretty much.

who would fight for billionaires to have more?


Who has argued this? All I have done is given the absolute bare minimum amount of questions to get some type of data to support taking something away from someone. Maybe you just don't know what normal or rational means.

quote:

didn't call out any poster... i know the software always assumes you're responding to someone, but that's not always the case.

there are some things you debate. there are some things you. just. don't.


Well then forgive me for misinterpreting this post
quote:

let's not debate that they all have more money than they could ever spend while the associates of Wal-Mart require government assistance to make ends meet


quote:

we're not all at a 15th grade econ level..


Yikes. How about we just start with any basic level business class.
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