Closing down ....
Posted: 18 May 2020, 21:37
.... or cutting back.
Jamie's, Carluccio's, Byron and now Cafe Rouge and Bella Italia and a whole host of other restaurant chains.
These chains made their money selling cheap ingredients for top dollar in the good times, but never put anything away for the bad .... so now it's time to shut down before any losses creep in.
I feel sorry for the employees who will lose their jobs, but who were mostly on a pittance in order to line the pockets of their Venture Capitalist owners. However, if the VCs take a hit I will not shed a tear.
Hopefully, when all this washes out of the system, we will see a resurgence of one-off ressies selling food prepared on site from fresh ingredients, and sold at a fair price. Mind you it is going to take a lot of out-of-the-box thinking from councils and landlords to allow these independent start-ups to take off.
And while we are at it we need to redefine what "restaurant" means. Ken-Donald's King eateries are not it - the American description "Diner" just about fits - almost, perhaps, at a stretch.
Jamie's, Carluccio's, Byron and now Cafe Rouge and Bella Italia and a whole host of other restaurant chains.
These chains made their money selling cheap ingredients for top dollar in the good times, but never put anything away for the bad .... so now it's time to shut down before any losses creep in.
I feel sorry for the employees who will lose their jobs, but who were mostly on a pittance in order to line the pockets of their Venture Capitalist owners. However, if the VCs take a hit I will not shed a tear.
Hopefully, when all this washes out of the system, we will see a resurgence of one-off ressies selling food prepared on site from fresh ingredients, and sold at a fair price. Mind you it is going to take a lot of out-of-the-box thinking from councils and landlords to allow these independent start-ups to take off.
And while we are at it we need to redefine what "restaurant" means. Ken-Donald's King eateries are not it - the American description "Diner" just about fits - almost, perhaps, at a stretch.