I worked at a restaurant in Towne Square. I closed the resturant the night before it "closed." You would think they would've told me that it was it's last night of being open but I didn't know until I came in the next day dressed and ready to work that they were permanently closed. Why the heck would you not tell the person who closed the restaurant that you weren't reopening ever again??
Unemployment delay ~ today everyone is drinking the kool aid everything is doing better than expected? No it’s not the high cost of living isn’t because people were trying to be fake rich they lost their jobs and everything is overpriced flat lined wages can’t keep up with everyone raising prices. They love saying it’s because people are going broke to impress others, nope the fact is rents homes cars insurance groceries clothes electric bill natural gas and every house hold item is outrageously overpriced ~ the basics are costing you 1000, plus every month that’s not counting all necessities. People bought vehicles that normally would be 300~450 monthly note before insurance that cost them an extra 180 for a total of 630 dollars. Today those same vehicles are 750~900 dollars before insurance note added which also skyrocketed 300~400 monthly depending of record that’s 1000, plus to 1.200 without gasoline and maintenance. Even the wealthy saw a big jump in every day cost ~ let’s be real nobody is going to go around burning money whether they have it especially if you’re just making it by.
Something similar happened to an ex of mine, in that particular case, the company was (allegedly) afraid if the employees knew before hand they would start looking for other work and possibly quit before they were permanently closed is the story I got. In other words, in situations like yours, the companies are always looking out for THEIR best interests, not the employees.
Just the beginning. Delusional people about Vegas and the economy. Every fking thing has gotten so expensive and this city is on a collection course with a major recession
Exactly it’s like these people don’t see what’s happening. They believe the bs Biden & his team go around telling people, it’s all lies ( the economy is doing better than expected bullshit) all major cities are broke and Las Vegas is no different. They can front all they want but realistically Bidenomics destroyed our country. He is now trying to bring in more refugees from Gaza as if we told those people to start a war against Israel? The reason why is because cities borrow money for everything with hopes of revenue but act as if said projects don’t come with massive maintenance. The train for example is borrowed tax payer money how in the fk will they get revenue if such projects come with massive costs of maintaining? The only thing the bullet train will do is bring in homeless people.
Trump told you he would destroy the economy. And here you are wondering what’s really going on? The numbers of visitors are way lower than previously reported. That’s a big telling sign of what’s to come. People are broke and all major cities are broke what do you think that means for Vegas?
Vegas Test Kitchen and now this restaurant. That area is getting a little rough again. Not much foot traffic. Let's just hope Atomic Liquors doesn't close down.
High cost of electricity & natural gas Bidenomics at work. This inflation will make its impact felt you are starting to see empty buildings everywhere around the nation.
@@AeonFlux212 Hatsumi was across the courtyard from Peyote. I remember when they opened, I got busy, thought about giving them a try, went back and they were gone.
That is a tough area. Many restaurants have tried and the only one that seems to be flourishing is PublicUS. Oh, the liquor store across the street is hanging on, their sandwiches aren't bad, they sell cheap booze and other items.
many people open restaurants in some high end, middle class, changing or known rough areas of las vegas, sometimes spending their entire savings "betting" that their restaurants won't flop, without doing the due diligence regarding the address, how many similar businesses have come and gone? robberies? patterns of failures and repossessions? nope, they become just another of the many failed and bankrupt restaurants that come and go in las vegas, this place peyotes was opened in a unstable part of town that used to flourish, my motto to anyone planning on starting a business in las vegas, las vegas is a hard gig to succeed at, there's a multitude of other factors that also play a big part of some successful business failing, like business partners that spend the income generated by gaming it all away, organized fraud, divorce, non compliance with city, county and state health dept. illegal activities, corporate espionage, poor management, etc.
I'm always surprised by news stories of business closures and of them expressing how unfortunate it is for many employees to be out of work. The fact of the matter is, sometimes crap happens, and a business owner cannot always absorb the costs to relocate all employees once the bottom falls out. From what I hear though, some employees within this business will be re-located and that's OK. But rarely do all employees get relocated or rehired... keeping in mind, if the market demand, revenue & profits were there, then maybe there wouldn't have been a closure for this one restaurant, and if business for other locations are not doing as well either, then it will be harder to relocate all former employees. Not entirely sure what the failure was; poor operational management, a not-so-well-designed branding concept & offering, poor food &-or service, brough in the wrong type of customers; too niche or clique (wrong vibe: maybe a sense of safety or lack of security), or whatever, something failed.
They are not responsible for people getting a new job but they need to inform them of what’s going to happen how the fk you just let people show up to a closed business?
They can blame street taco 🌮 vendors with no license . And yeah everything so expensive. At Elite, sofisticated classy restaurant. That simple meal cost over 100 dllrs.
There is no such thing as "craft cocktails". It's just cheap booze and soda pop or whatever. They pretend it's fancy and charge 20 dollars. No drink is worth more than $ 2.99 ..Also: If a restaurant closes down , All the employees are laid off , NOT "some employees laid off" (?)
2.99 ~ no wonder they went broke. It’s not 2,99 for the electric bill or the natural gas bill. People the high cost of living is going to make its presence felt. Every major city is broke and you are no different.
Are you serious? There’s empty buildings across the nation and every major city is broke. Do you think this won’t happen in Las Vegas? Stop drinking Biden’s poison kool aid. Half of your regular visitors will not be able to to visit and the ones that do are wasting more money but not because they are big spenders it’s because everything cost more. That doesn’t mean there’s more profits lol it means it’s paying already inflated prices people were already complaining pre Covid how Vegas was getting over expensive let alone when Bidenomics stepped into office the first thing he did was raise gas and all our products went up ~ then the idiot got us into 3, wars and letting all the terrorist come in like refugees. Of course he was going to lie and say everything is great!
Just love when F..ake news interviews few people and say they love the restaurant. But never mention if there are a lot of customers or is almost empty. Or some drink cost 20 bucks that would normally cost 10 dllrs. Or beer cost 10 or 15 dllrs. And Just imagine the Rent. Or it double than triple when original agreement expire.
Real question why does this reporter look like the boy from Honey I Shrunk The Kids
I worked at a restaurant in Towne Square. I closed the resturant the night before it "closed." You would think they would've told me that it was it's last night of being open but I didn't know until I came in the next day dressed and ready to work that they were permanently closed. Why the heck would you not tell the person who closed the restaurant that you weren't reopening ever again??
Unemployment delay ~ today everyone is drinking the kool aid everything is doing better than expected? No it’s not the high cost of living isn’t because people were trying to be fake rich they lost their jobs and everything is overpriced flat lined wages can’t keep up with everyone raising prices. They love saying it’s because people are going broke to impress others, nope the fact is rents homes cars insurance groceries clothes electric bill natural gas and every house hold item is outrageously overpriced ~ the basics are costing you 1000, plus every month that’s not counting all necessities. People bought vehicles that normally would be 300~450 monthly note before insurance that cost them an extra 180 for a total of 630 dollars. Today those same vehicles are 750~900 dollars before insurance note added which also skyrocketed 300~400 monthly depending of record that’s 1000, plus to 1.200 without gasoline and maintenance. Even the wealthy saw a big jump in every day cost ~ let’s be real nobody is going to go around burning money whether they have it especially if you’re just making it by.
Some restaurants close w/o telling employees because of theft problems. They’re afraid employees will make off with supplies and products if they knew
@@user-bx2xp7tp5i
That's a good explanation. Wouldn't of happened with me but I understand the thought process
Something similar happened to an ex of mine, in that particular case, the company was (allegedly) afraid if the employees knew before hand they would start looking for other work and possibly quit before they were permanently closed is the story I got. In other words, in situations like yours, the companies are always looking out for THEIR best interests, not the employees.
Was it claimjumper??
Just the beginning. Delusional people about Vegas and the economy. Every fking thing has gotten so expensive and this city is on a collection course with a major recession
Exactly it’s like these people don’t see what’s happening. They believe the bs Biden & his team go around telling people, it’s all lies ( the economy is doing better than expected bullshit) all major cities are broke and Las Vegas is no different. They can front all they want but realistically Bidenomics destroyed our country. He is now trying to bring in more refugees from Gaza as if we told those people to start a war against Israel? The reason why is because cities borrow money for everything with hopes of revenue but act as if said projects don’t come with massive maintenance. The train for example is borrowed tax payer money how in the fk will they get revenue if such projects come with massive costs of maintaining? The only thing the bullet train will do is bring in homeless people.
🎯🎯🎯
Blame us Californians. We’ll pay any amount. Just ask and we’ll fork out the cash.
Fremont Street has been deteriorating over the years. It's not a nice place.
Does anyone know when Biden's "Build Back Better" is starting?
Trump told you he would destroy the economy. And here you are wondering what’s really going on? The numbers of visitors are way lower than previously reported. That’s a big telling sign of what’s to come. People are broke and all major cities are broke what do you think that means for Vegas?
Window dressing.
Vegas Test Kitchen and now this restaurant. That area is getting a little rough again. Not much foot traffic. Let's just hope Atomic Liquors doesn't close down.
Again?
Was this the Hatsumi spot before it closed too? Maybe some bad juju goin on...
High cost of electricity & natural gas Bidenomics at work. This inflation will make its impact felt you are starting to see empty buildings everywhere around the nation.
@@AeonFlux212 Hatsumi was across the courtyard from Peyote. I remember when they opened, I got busy, thought about giving them a try, went back and they were gone.
@@HallOfFantasy ah youre right, wanted to try it too but at least got to try VTK
They got an offer they couldnt refuse😂😂
They’re not the first and won’t be the last to go OOB in this economy. Probably would do better with food trucks to cut the cost of brick and mortar.
That is a tough area. Many restaurants have tried and the only one that seems to be flourishing is PublicUS. Oh, the liquor store across the street is hanging on, their sandwiches aren't bad, they sell cheap booze and other items.
many people open restaurants in some high end, middle class, changing or known rough areas of las vegas, sometimes spending their entire savings "betting" that their restaurants won't flop, without doing the due diligence regarding the address, how many similar businesses have come and gone? robberies? patterns of failures and repossessions? nope, they become just another of the many failed and bankrupt restaurants that come and go in las vegas, this place peyotes was opened in a unstable part of town that used to flourish, my motto to anyone planning on starting a business in las vegas, las vegas is a hard gig to succeed at, there's a multitude of other factors that also play a big part of some successful business failing, like business partners that spend the income generated by gaming it all away, organized fraud, divorce, non compliance with city, county and state health dept. illegal activities, corporate espionage, poor management, etc.
The fact is the economy is killing jobs and many empty buildings nationwide.
Praying 🙏
The truck art is very interesting.
Fremont is a hell hole
I'm always surprised by news stories of business closures and of them expressing how unfortunate it is for many employees to be out of work. The fact of the matter is, sometimes crap happens, and a business owner cannot always absorb the costs to relocate all employees once the bottom falls out. From what I hear though, some employees within this business will be re-located and that's OK. But rarely do all employees get relocated or rehired... keeping in mind, if the market demand, revenue & profits were there, then maybe there wouldn't have been a closure for this one restaurant, and if business for other locations are not doing as well either, then it will be harder to relocate all former employees. Not entirely sure what the failure was; poor operational management, a not-so-well-designed branding concept & offering, poor food &-or service, brough in the wrong type of customers; too niche or clique (wrong vibe: maybe a sense of safety or lack of security), or whatever, something failed.
They are not responsible for people getting a new job but they need to inform them of what’s going to happen how the fk you just let people show up to a closed business?
They can blame street taco 🌮 vendors with no license . And yeah everything so expensive. At Elite, sofisticated classy restaurant. That simple meal cost over 100 dllrs.
There is no such thing as "craft cocktails". It's just cheap booze and soda pop or whatever. They pretend it's fancy and charge 20 dollars. No drink is worth more than $ 2.99 ..Also: If a restaurant closes down , All the employees are laid off , NOT "some employees laid off" (?)
2.99 ~ no wonder they went broke. It’s not 2,99 for the electric bill or the natural gas bill. People the high cost of living is going to make its presence felt. Every major city is broke and you are no different.
I thought the economy is booming 😮
Are you serious? There’s empty buildings across the nation and every major city is broke. Do you think this won’t happen in Las Vegas? Stop drinking Biden’s poison kool aid. Half of your regular visitors will not be able to to visit and the ones that do are wasting more money but not because they are big spenders it’s because everything cost more. That doesn’t mean there’s more profits lol it means it’s paying already inflated prices people were already complaining pre Covid how Vegas was getting over expensive let alone when Bidenomics stepped into office the first thing he did was raise gas and all our products went up ~ then the idiot got us into 3, wars and letting all the terrorist come in like refugees. Of course he was going to lie and say everything is great!
Though casinos making making few Billons a month and record breaking traffic at the airport .
Locally and independent owned wow she’s in the know. The beginning of the end the high cost of running these places is running people out of business.
Just love when F..ake news interviews few people and say they love the restaurant. But never mention if there are a lot of customers or is almost empty. Or some drink cost 20 bucks that would normally cost 10 dllrs. Or beer cost 10 or 15 dllrs. And Just imagine the Rent. Or it double than triple when original agreement expire.
3 years and they didn't make it? Inconceivable! 🙄
*I heard they served eyeballs downtown. Is that true?👁️*
peyote didn't sell peyote, that was the real problem, false advertising 😜
collapse of the work class that rent
Damn, I never got to go