j-mac
Nuthin' but the truth
- Oct 8, 2013
- 22,842
- 14,900
It does matter…unless of course you’re an idiot that doesn’t understand the first thing about business.Doesn't matter.
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It does matter…unless of course you’re an idiot that doesn’t understand the first thing about business.Doesn't matter.
According to the owner in San Francisco its because of customers not payingYou cater to a lower class of clientele; you accept a certain level of risk.
But again, I suspect they are going out of business because their food sucks and the chain is in a well-deserved decline.
Or as one Comedian Put it "You ever notice no one ever goes to Denny's, they just end up there. Complaining the food isn't good is like going to a whorehouse and saying you didn't feel loved."
Does understanding the first thing about biz include an intimate knowledge of bankruptcy laws?It does matter…unless of course you’re an idiot that doesn’t understand the first thing about business.
Your point is?Does understanding the first thing about biz include an intimate knowledge of bankruptcy laws?
Denny's has been in decline for years, mostly because their food sucks.
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Denny’s is still shrinking
The chain's system has contracted 9% since 2017, and may shrink again in 2024 as the company forecasts comparable sales growth between 0% and 3%.www.restaurantdive.com
A better criticism came from this guy.
- Denny’s closed 57 units in 2023, for a net decrease of 29 units, according to the chain’s most recent earnings release.
- It now takes $1.2 million in annual sales for a Denny’s unit to be profitable enough to sustain itself, up from $1 million, Denny’s Chief Financial Officer Robert Verostek said on the chain’s earnings call last week.
- In response to an analyst’s question, Verostek said that the average sales of the lowest quintile of stores outpaced the $1.2 million annual target, meaning that a low percentage of Denny’s units are below the break point for closures. According to the chain’s earnings release, Denny’s anticipates net unit closures of 10 to 20 units in 2024, which would slow the rate of closure relative to 2023.
Denny's is the place where you show up after a night of drinking. Nobody goes there for the food.
A blur.I wonder what the dine and dash folks look like?
Didn't you understand the question?Your point is?
I need you to elaborate…Didn't you understand the question?