15 Restaurant Chains Collapsing Before Our Eyes
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- Опубликовано: 9 июн 2024
- According to a research study by Ohio State University, 80% of restaurants close before their fifth anniversary. While many have tried and failed to reinvent themselves, others are like how you remember them. But here are the shocking details: due to low-margin propositions, inflation, and economic instability, most of your beloved restaurants are on the brink of closure.
We can barely afford groceries.....
There is NO money restaurants..
No kidding. That's we have had to steal some at grocery stores. You just can't make ends-meet now, if you not robbing Peter to pay Paul.
@@PoeLemicRIP 'N RUN! YES!!!!
I used to love Perkins, Ground Round and Old Country Buffet. But now since I don't go out to eat anymore, this really doesn't affect me at all.
I have heard of 2 of these, and they were gross. Restaurants have all gone down hill. We quit eating out a long time ago. Kitchens are dirty, food is nasty, they use seed oils, and they make you fat. We cook all of our meals at home with quality ingredients, grass fed beef, real grass fed beef butter, organic cage free eggs, organic veggies, etc. We eat less because of more nutrition. When I grew up there was not a fast food place on every corner, you wonder why Americans are all obese? Fast food, the worst food on the planet, along with processed junk.
well said !
Also, we know three secret words, "Google Copycat Recipes", and that's what we do. Anything at restaurants, can be cooked cheaply and easily at home. Saves money too.
Nearly everybody is cooking at home anymore. It's too expensive out there.
Hometown Buffet deserves to be shut down.
Tim hortons stopped baking fresh donuts. Frozen donuts now. Many of the original donuts not available anymore.
All those junky chain restaurants can't clear away fast enough for me. Local quality eateries are the wave of the future!
Lol. No such thing as a quality eateries.
While sympathetic, I can't remember the last time I visited any restaurant. Groceries for in house consumption has long since overshadowed considered any visit to any restaurant.
@@choreboy3906 Yes, all of us are being priced out. I quit going to KFC when they didn't do coupons much anymore and were charging $30 for a bucket for 8 pieces of chicken. It's not worth that. So, I don't see how anyone can afford that on a regular basis.
I don’t understand why people continue to go to restaurants.
I think a lot of people are missing the point, it's not about if you like these restaurants or not, it's about all of these major restaurants going out of business after 30, 40 years, it's about how bad the economy is for this to happen...
... alternatively, maybe folks are collectively waking up to the folly of eating stuff that promotes illness. Their "food" is crazy expensive, now, too.
@@paleomagicksr.9880Since when did eating out become a sign of a good economy? If course people feel great when tapping or swiping as it makes them feel good, like they have arrived! All that tapping and swiping has now caught up to people! I gave up outside eating and movie going years ago and turned into a pretty decent home cook. I don't understand why people haven't figured out that without cards and other forms of borrowing these businesses would have failed years ago! Average Joe's really can't afford what has become normalized, propping up their standard of living with debt!
This is a reflection of the collective state of intelligence in our country. The new generations had it too easy because of what their predecessors created. As a result they expect everything to just work and instead of learning to contribute they are focused on selfishness and immediate gratification. Following the sheep in front of them they continue to vote but don’t really understand what for thereby perpetuating the downward spiral. The rich take advantage of this by donating to the party that they can influence which makes them money but costs us more. This forces workers to demand higher wages but their work ethic isn’t worth it. Moral is low, quality is lost while prices increase and patronage decreases. Common sense and consideration are gone because of pandering and over regulation. Reminds me of the saying “The beatings will continue until moral improves”.
@@thesilkymodine I agree
@@paleomagicksr.9880 that could be true, but food in the supermarkets have caused many cases of salmonella and E. Coli poisoning, the ingredients are basically chemicals and foods in the grocery store are also very expensive...so I have to disagree
Love this channel cause it's REAL Too many people are selling fake positivity when we All KNOW society is dying
Luke 21:36 KJV
Yes, I've given up being humane and social. That's why I've got my Pew Pew with me all the time. You've got too in Houston, Texas, if you want to try to live until morning.
@@PoeLemicI agree, I’m from Houston too lol
Million dollar apartment buildings sitting empty, and dark.
Just because it says plant based food doesn't mean it's not Soylent Green Human Meat!
Old country Buffet use to be good food back in the 80's something changed in the 90's the food went to crap and thats when my family stopped going there. we use to love eating there. it was always a big family treat.
Franchising is what happened to Merica .. started cutting corners, half assing & buying inferior product all in the name of PROFIT
@@adamsnelson4689-- Sadly, you're right. And **nobody's** got the money for any of that when their budgets are tight enough.
never heard of most of these
I live in Minnesota, haven't even heard of most of these restaurants.
*Thanks for this video! I feel sympathy and empathy for our country's low income, people are suffering to survive. I appreciate Mylah Evander you've helped my family with your advice! Imagine investing $1.5k and receiving $5k in 4days*
That's true,,, this inflation has taught people the importance of multiple income.
I'm also one of the beneficiaries of Mylah Evander. Relying upon this administration is nothing but a total waste of time. So happy I gave it a trial after being skeptical of the process.
Mylah was interviewed on CNBC Television. You can use something else, for me the strategy works hence my result. She provides entry and exit points for the securities I focus on.
Wow, me to. I earn 8 million dollars a day on my 10dollar investment.
*SHE'S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME*
Learn to make your own at home, it's way better😊
Cheaper Too!
Just when I thought wtf. Haven't been to a Howard Johnsons in 30 years
Yeah, I was having the hankering to go to Howard Johnson's today, but I guess I'm not even gonna try now.
never heard of any of these places...
I grew up in Los Angeles suburb area and we did not have restaurants until the mid 60s when they first started coming in. We lived just fine on family meals.
But you miss the point it's a sign of a horrible economy
@@hugh2hoob668Most of these restaurants would not be in existence if not for easy credit! Ours is a debt based economy. Back then if you went out to eat you paid cash and it was only for a special occasion not an everyday thing! What's disappearing now is the service based economy using debt to prop it up! Ask yourself what will be left when all these chain restaurants are gone? They will join the vast wasteland of defunct malls and other leisure/service related businesses that people can no longer afford due to maxed out credit. And where is our manufacturing base, long gone! Eating out is not a necessity and people will have to adjust as they have no choice. Carrying 17+trillion is not the sign of a healthy economy and it hasn't been one for many years!
No it's the sign of a debt based consumer economy being finally maxed out! If you had to pay cash most of these places would have never existed!
@@hugh2hoob668 Well, I don't think it's just that it's a "horrible economy", because economy is ON FIRE. But, it's that everything has experienced HYPER-INFLATION. Most people can't afford $20/$25 for a humburger and fries. That's why all of this is gonna fall apart. Wages haven't skyrocketed like prices have.
Honestly, that's where it's coming to. It's gotten too expensive out there.
While some fast food eateries are closing, others are still strong and still others are struggling and on the verge of closing in the years to come.
Bad food, bad service go by.
Afternoon y’all
Lmao I haven't seen a Perkins in 12 years
Other than Perkins in Strongsville, OH, I have never dined any of the restaurants mentioned in this video.
Tad stakes in New York City closed years ago.But that was one of my favorite. you could not beat that steak and😮 that baked potato with that greasy piece italian bridge with grilled onions
My daily dose of fear......I love it.......but I tell myself any day above ground is a good day
As a young boy In the late 1950s & early 1960s, I LOVED eating at "Tad's Steaks" in downtown Cincinnati. A juicy char-grilled 8 oz Sirloin Steak served with sour cream & chives buttered Baked Potato, char-grilled toasted buttered Garlic Bread, tossed Garden Salad with creamy Roquefort Cheese Dressing & toasted crunchy croutons, a tall glass of Coca-Cola with crushed ice to drink (free refills) and for dessert, a nice slice of Cherry Pie with a steaming cup of fresh brewed Coffee.😋 ALL for only a $1.19 in 1960! By 1962, it went to a $1.29 and prices went "all uphill" from thereon!💸...🤣🤣🤣
B-A-H-A FRESH...LMAO
Closed restaurants, got washrooms and a kitchen. So, then make room for 'bunkbeds.' Biden will pay.
Wow..Pinkberry is closing..I like them...
thousands lost their job every year.
No, honestly, it's more like thousands losing their jobs every day now ...
We have a red robin in willoughby Ohio it’s a decent burgers and good onion rings and root beer floats. Good staff I go there once a month.
Those companies suck!
Red Robin has some really awesome burgers. My ultimate favorite is the monster burger but without the onions and the fries are something to write home about. I don’t care about the price. 😊
This guys voice is the equivalent to David Attenborough on frozen Planet 🪐
Employee theft causes more than 30% of business bankruptcies. (Service Management Group)
Red Robin - serving sizes keep getting smaller . . . for more money!
Went to Perkins in Tennessee the food was lousy paid for it and did not eat any of it
Yeah Red Robin’s bottom less fries aren’t bottomless. You might get a second small scoop but your waitress never seems to come by again. Just go elsewhere
Little bit of trouble Pronouncing Baja?? Oops!!
The last Hometown Buffet in the San Diego closed down, primarlly due to Newsom's Covid shutdown in California, and Mexico closing the border. That location was a place to stop if coming into ths USA via the 805 freeway,
Perkins used to be really good but been going down throughout the years.we used to have a Howard Johnson’s in willoughby hills ohio it was just bad.there one or two in Pa turnpike and the food was just bad. I think it was just poor management. I cant remember of them being any good, I’m 60 now and I never had any good memories of HJ. It’s been years I forgot about ground round they were ok back in the day. I think they closed down in the early 80s.hometown buffet was ok but I got tired of the same old same old. They had one in mentor ohio. They did not maintain their dining room. It was dirty, and the food was lack luster. People just lost interest.
As we have said for years, try operating a business on less revenue. Good Luck!!
Fasssst food, goes out fassst!!
Here from Mi ✅
No starvation Peter?
Nope, none at all!🤣🤣🤣
Golden coral needs to go as well
All of restaurant out my wear I live.
Bring back Sambo’s.
The Economy is booming thanks to monetary velocity. Lots of Restaurants fail and it's always been that way. Maybe the food was not popular.
Ba-ha Fresh...not Bach-ha Fresh or however your voiceover distorted it.
Great Tribulation is coming...Luke 21:36.
KJV
Well the cost has gone up wholesale however there's increases are nearly as terrible as they would like everyone to believe and so for the past four to five years especially real heavily within the past four all of these joints used a bit of a price hike on wholesale side to raise their prices in an exuberant man in other words if something went up a quarter they would raise it literally a $1.50 rather than just charging the extra 25 cents it was necessary these bastards convince the public that the price now has to jump to this and unfortunately for a while everybody the problem is their wallets are basically telling them they can't do it these companies are trying to hold steadfast to the higher price is because it is common throughout retail it doesn't matter if it's a restaurant it's still retail that wants the price goes up it never goes now they may run a sale periodically but they will never lower the price basically these restaurants and I can even say a lot of retail stores are mostly arguing with himself they know that they charge too much in fact McDonald's recently came out and admitted their a couple of weeks ago that they definitely got too stupid with prices their CEO straight up said it.
So basically it is slowly unraveling they are slowly starting to admit that they made large errors and that they need to figure out the directions to get but they're not going to lower the prices all at once simply because that would expose the fact that they never needed to be that high to begin with even though they are still bluntly admitting this is the case it's just people tend to notice things when they're standing at the cash register and they see the price versus when they read words in an article.
America has a cash flow problem the problem is literally amongst the population of course this income deficiency across the population is not in it basically the inflationary trajectory that we are currently on well we've actually been on that trajectory for a very long time I could say 16 years but everyone could easily argue 18 then there are good cases made for 20 years so we've been on a trajectory of inflation for quite some time I would say the only real reason why everybody's been bitching about it hardcore here in the past 3 to 4 years especially real heavily within the past year and a half to two years is simply because you know last decade perhaps 7 years ago everybody did grumbled it the price you're going up shrink inflation is becoming a thing etc etc but the difference was you get perhaps a 30 cent price hike every 6 weeks some items it might have happened every 3 weeks while we went from that to the big trend is literally you're going to see a dollar if not $2 overnight and then you're going to see an additional 50 cents increase somewhere in the next two to three weeks so it's bigger increases and it's more frequent that's why people tend to set up and take notice this is why a large portion of the idiotic population doesn't seem to realize that there was a problem even in 2013 everybody grumbled a lot of people might remember the grumbling but there's a lot of fuckers who straight up do not remember shit.
I mean inflation has greatly outpaced a lot of the profit margins that once stood but I can also say that the government had contributed to this in other manners one of the other ways that they have contributed would be the food stamps I mean post 2008 they made it so easy for everybody to get on it and they did so for one reason because it was a prop up / bailout for retailers this is why most retailers busted their ass to either put in a full-fledged grocery section if they didn't already have one or they at least bothered to carry and or expand grocery items and or food stuffs this is why a lot of people it was a bailout/propper here's the problem that only works for so long and then eventually it's effects level off.
So the way that you go after more guaranteed government money it is handed directly to your customer base is you raise price of course the screws everyone else paying out of pocket but at the end of the day it's a price hike across the board for everyone the difference is simply that you know Bob's money isn't considered steady or reliable money anymore because at any given minute is company could decide he needs to go and he'll join those in the unemployment line and he'll most likely become another food stamps cyst so he'll still be able to purchase food he'll just be doing it in a different way and or using currency provided by the government.
However the food stamp money is considered reliable money because that's a guaranteed payment and yeah there are very degrees as to what individuals get paid versus those with kids and or their taking care of relatives etc would get but the bottom line is they know that they're good for at least 150 bucks but they're also trying to Target those to get much more so this is why they raise the prices if they can make those people pay another $2 for the bottle of salad dressing then they have just secured a constant sale.
So that's where the money is to be made restaurants don't take EBT that's why they fail everywhere that doesn't take EBT notice how it is kicked in the balls even the place is to take EBT are honestly having trouble a lot of that is because they've taken on mass amounts of debt such as the case Walmart.
Hey so most of the inflation what you paying down at the grocery store or any other department or even over the restroom is largely made up! But did it do it that drastically no it did not they just put the word out there to convince you that you need to pay more they know the people will grumble but they'll still shut up and pay except for when they really truly cannot pay it so then they just don't show up at all well apparently we're in that realm.
Gotta love the fear-monger vids. Half these resteraunts were a bad idea to begin with. Perkins will be fine.
Red robbin did that to themselves they used to give a free burger for your birthday so I did not mine eating there and spending cash now they want you to pay for it now so I am no longer willing to spend my hard earned money there plus they raise their price to much with little incentive
Better get some Bitcoin before it's too late
Life is not so bad out there
Restaurants. They're expensive. The food is shit. Anything I see on the menu at any restaurant, I can make at home on the grill or on the stove.
Good shut all these health hazards down. It's time for fresh fruit smoothies, that has yogurt, blueberries, banana's and chia seeds. I'm tired of going to Wal Mart and Sam's Club looking at obese customer's who stand in line for a slice of pizza they don't need.
Well, you don't have to say anything about us, who are Incredibly Obese. That's me. I don't know the last time that I could see my feet. And, I barely fit on a king-sized bed now. However, I still like to eat, because Food and I are best friends. We've been good friends ever since everyone has died, left me and my dog, and I got to where I can't get out of my front door. So, yeah, go ahead and live your blessed lives. Try to remember the rest of us that have Bad Genes and got DNA that is confused. I only wish that I can see one more Christmas.
The pronunciation algorithm needs to be adjusted. It's pronounced kah-FAY or kaa-fay, not kay-fee.
It's Ba Ha, also.
It's a real dude. He used to walk around the stage and narrate. Then they got a voice double once who tried to mimick him.
😂😂😂GROUND ROUND WAS PRETTY GOOD , WE REMEMBER IT FROM PEANUT SHELLS ALL OVER & PEOPLE WALKING ,CRUNCHING & SLIPPING SOME 😂😂, IT WAS FINE FOR ME 😂😂💯 1ST REAL DATE RESTAURANT
Huge closures in 2024 Bye Bye Junk Food what amazes me is why the Kitchens are not regulated more often. Staff and hygiene control non existence.
Nobody cares. 😂
tads is the same crap as best strek and mr steak yrs ago fjb
The voiceover is a complete turnoff......
Change the voice! Its irritating!
I have the Sads
Wow, that Sads is a bad disease. I sure hate how my gonads felt when I first got it.
The Ground Round was a favorite haunt, back in late 80s and early 90s. It was quite fun to hang out with friends and family, and enjoy tasty snacks and beverages, and at a very reasonable price. Houlihans was memorable also, but there were fewer of them in close proximity. 🥸
Never heard of those places. Well, before I even find them or even see them open, they'll be gone and only remembered as memories of a past time that was so much better.
The way this n... say bahja
OKAY CHICKEN LITTLE: the sky is not falling, money is being made by useful people, Americans by and large are very well off. If you are struggling find a way to be useful. Forget the do what you love bullshit, few get that opportunity. Man or woman up and quit whining.
Soooo many "the collapse has begun" titles. Going on 4yrs. I'm starting to think this might be click bait.
Red Robin was good, but it was always terribly overpriced.
Perkins has great pies!
I feel bad for these guys, but greed gets in the way sometimes.