12 Major Restaurant Chains Are In Big Trouble
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- Опубліковано 25 сер 2024
- It's no surprise that the restaurant industry remains unsafe from the economic turmoil in the US. Rising costs of living have left consumers with less money to dine out, significantly impacting the profitability of the franchises like Olive Garden, Panda Express, and even the NFL’s official pizza provider Little Caesars. These major brands are now witnessing drastically declining sales and increased expenses, causing them to incur massive losses worth millions of dollars, rapidly getting closer to the brink of bankruptcy. Today, we talk about the 12 major restaurant chains that will absolutely fall apart in 2023.
12 Major Retailers Shutting Down Multiple Stores In The Fall Of 2023 - ua-cam.com/video/CQTBbI6PDco/v-deo.html
I have given up on most restaurants. High prices, bad service, subpar food, and tip pimping have all pushed me away. Going to a restaurant can turn into a negative mental experience quickly.
Just never tip dude
Now you have to TIP First in a Restaurant where I live. You have to TIP when you pay for the food BEFORE you even GET THE FOOD. Who started that??
Now that is true. I rather eat at home.
My friends and family members are better cooks, I can buy the groceries and other items and let them cook it.
@@bobburnitt5761I'd never go to a place like that. I don't mind tips because it's based on the quality of service.
@@brandish4952 I feel like they are "dunning" me for the tip. I have NEVER been crazy about "tipping" anyway. They Dun for tips at self service places now.
I can eat at home for a week for what it costs to eat twice at an "inexpensive" restaurant.
Everyone voted for higher prices .
No you can't.
Welcome to Bidenomics
@@adampender2482 Oh, BS. I do it every week, and have been doing it for years. Restaurants, including fast food, became too expensive for me years ago.
@@SG-js2qn cook a steak dinner with everything cheaper than eating out Mr know it all
I'm really surprised that Chuck E Cheese, Applebee's, Chili's, IHOP, and Pizza Hut are not on this list.
Because some of the "list" is BS
@richland1980 I was thinking the same thing. It feels like another ai generrated video where they just spit out random facts about these restaurants.
Oh they on the list, it’s in the other video 😮
I would add ruby Tuesdays too.... you can eat a steak in these places, but you'll never actualy taste beef...
@@richland1980exactly, this video is incorrect, Darden just had a strong quarter and look to have a strong Q4 AYCE pasta time😂
The food quality in this country is horrid.. just about everywhere we've gone out to eat the past three years have totally sucked...
I agree 100%! Quality has gone down the drain, all of my favorite food places that I used to go to have declined in taste, quantity and quality.
Yes, and explosion of GIMMICK FOOD. You cannot tell what is is by the NAME.
For sure my other half is a retired chef she thinks most places have gone downhill in quality and service is garbage. We eat better at home at about a 1/3 of the cost. We go out once a week for "Date night" at this Mexican restaurant that we particularly like and get treated well though "Date night" is actually lunch because it costs us about 25.00 with tip. Instead of 35.00 for two 10.00 for each lunch special 5.00 for the tip
because its all corporate owned now. but corporations will suffer even more. i watch with glee
@@ChickenMcThiccken It's not just corporate, my local Mexican restaurant has also disappointed me. Last time I went, I ordered a bistec ranchero and there were more green peppers and onions than beef, the small amount of meat was tasteless, the salsa looked like it was made with ketchup and the avocado had black spots. It's like everyone is getting on the mediocrity train and no one has pride in the service/product they provide anymore. It's all about getting rich as fast as possible on the backs of the consumers.
The problem with most of these places mentioned here is their prices have shot sky high and their quality has dropped drastically. It’s as simple as that. I hear this from everyone I talk with. It’s happened since the pandemic.
Yup correct on all counts. The squeeze is on, food prices and labor cost doubling make this a no win situation for all.
True
The pandemic changed our lives forever. Our choice of canned soup has dwindled down to chick noodle, chicken and rice, beef, tomato and a few cream soups. But the stores always had enough beer, didn't they? When the 'pandemic' first happened the 'essential' stores that were allowed to operate were pot shops, liquor stores, fast food, grocery stores, and gas stations. Wonder who decided on those businesses.
The past twenty two years has been identical to the 1980's.
@@WilliamOfficeSupply9832 What?
If you can't make a profit selling 40 cents worth of pasta for $18 I do not know what to tell you
It's the 16 dollar an hour workers that suck at there jobs.
Plus social benefits such as medical insurance.
@@mathewfuller7954and the executives make how much ? Watch the Waffle House segment, under $3.
The cost of food product, wages, utilities and especially regulation compliance have traditionally made the restaurant industry a very low profit margin/high volume world to navigate in.
@@mathewfuller7954their. There, I fixed it.
1. Olive Garden ; 2. Cracker Barrel ; 3. Panda Express ; 4. Dairy Queen ; 5. Texas Roadhouse ; 6. Golden Corral ; 7. Little Caesars Pizza ; 8. Waffle House ; 9. Five Guys ; 10. Denny's ; 11. Joe's Crab Shack ; 12. Fuddruckers ----
All going instinct. Resources and foodstuffs will become scarce and soon rationed. The people of 2024 and beyond will experience rationing and CDC managing behavior.
@@Rico-oy3dc😂😂😂
Five guys is crazy!! Got a burger and fries a few months ago and it was $18.87, and that was without a drink. Never will go back 😂
maybe for the next generation. @@Rico-oy3dc
DQ has been closing restaurants for several years.
Recently I went to Cracker Barrel for dinner. I ordered the Haddock. I was served Catfish. I’ve eaten catfish most of my life. It looks & tastes very different from Haddock. When I complained, the kitchen manager came out a huge man with a perpetual scowl on his face. He told me I didn’t know what I was eating. I’ll never go back!
I'm sorry that happened to you. Yeah we won't be going back there either. Sad.
I would advise you to call Cracker Barrel corporate, but I've been there - they don't care. I agree with you - take your money elsewhere.
The same items that I ordered at Texas Roadhouse used to be $18 totaled. Now it costs $40 + 20% tips. I'll BBQ at home.
Considering how meh TR is, good on you!
supply costs...
Fast food and grocery stores are more expensive so it really won't matter.
People will still pay.
People will feel good about skipping 2 of the options only to spend it on the 3rd.
And raises don't keep up with inflation.
Yeah at that price you can buy a lot of hamburger and steak to grille at home
We don't eat out very often but when we do we go to locally owned restaurants. Much better food then at the chains and I would rather spend my money with a local owner. I normally pay cash so they don't have to pay the credit card fee.
100% agree
Yup same here...
Most places are now making you pay the credit/debit card fee. Had that happen with a car repair, an extra 3% on $3000. In such an event I find out exactly what it's going to cost and go to the bank for a certified check; they won't screw me on that again if I can help it.
The auto repair shop I go to also charges extra for credit card, but they are happy to take my personal check.@@indy_go_blue6048
The last time I ate at a chain restaurant was about two years ago at a Subway. The only reason I stopped there that day was to get a foot long to take back to my office (35 miles away) so I could eat half that night and eat the other half for lunch. WIth the price they charged for the foot long sandwich and the poor quality of the sandwich itself, it will likely be a long time before I go back.
Restaurants are way too expensive and food quality gets worse as time goes on !
well working @ these places was less then rewarding...
You can't even count on "fast food" restaurants for reasonably priced meals. We bought two burgers for under five dollars, but then bought ONE large order of fries for nearly the same amount.
Anybody who eats fast food regularly is headed towards an early grave, so your opinion is meaningless
Wendy's is super cheap, especially once you get the reward and upsizing the fries. You can get medium fries for only 30 cents more with the 4 for 4 or 4 for 5.
I refuse to pay for fast food now, high prices and less food, subpar in taste.
I just grill up hamburgers, or fry them in mass and put them in the freezer and pull them out whenever I have a taste for it. I use a potato slicer to cut french fries
Anyone who buys fastfood without an app and the deals that come with it isn't doing it right.
@@kellin12 yup yup
I stopped eating out some time ago.
My advice to people who continue to eat out? Don't. Save your money and start making meals at home.
Eating out should be a 'now and then' experience. Lots of Americans visit these places 3 or 4 times a week because of convenience or as I call it, laziness.
Not smart enough to cook
Spot on.
Who the F are you to determine how people choose to eat? F U.
OR not knowing how to cook well....I am a great baker but cooking, that's just not my thing. Plus, I want to support companies who are in trouble so while you call it laziness, how about HELPING THEM SURVIVE.
@@carikshawn4201 The market is over saturated. People will start eating at home again (and making their own coffee). Restaurants can survive ... but we've created a massive unsustainable market for everyday eating. I mean a starbucks on every corner is a bit ridiculous.
The cost has doubled what it was 5-10 yrs ago, if not tripled. They’re being destroyed by the system. Same as everything else.
Nothing to do with the system, everything to do with greed. These companies are being run by people that either failed or forgot week two of economics, and ignore demand. They raise their prices twice as fast as inflation, demand goes down and people stop showing up. They double down and raise their prices again to make up for fewer customers, and even fewer people show up. They trim down on employees too much leading to worse experience for the remaining customers, and fewer people show up. They buy lower quality products to lower costs, and fewer people show up due to worse food. It goes on and on and on. Now the casual sit down restaurants specifically are trying to charge steakhouse prices for quality that is roughly on par with fast food. If they want to fix it they need to get back in their lane, and be the reasonably priced for better than fast food quality option they once were.
Ten years ago these videos would blame millennials. And there was some truth to that, but not because we refuse to eat at Applebee's or Olive Garden just because, but because they didn't provide the value that they promised. This trend had already been happening for 15 or 20 years at that point, and now it's been happening for another decade, along with a few years of worldwide inflation.
@@thatissomeBS I agree with you 100%! What you describe is the same as what I meant by the “system”.
The costs have doubled since 1/20/2021. Infation was next to nothing in the 4 years before bidenomics destroyed this country.
My daughter ask me out to eat and she gets upset I’am too picky? It is not that? The food is nasty tasting and some is big portions,. Honestly back when food was good. I think meddle of 1980’s went down. I believe the government massing with chemicals. North Carolina has the worst tasting and looks like slop. You live there you don’t know difference. It’s a beautiful state. Stake in shake should be closed down, there kitchens are nasty. The servers want tips but act like they are just making pay check. There is a restaurant in Ozark called Roseie best onion rings and cheeseburgers.
Part of the "system" is heavily increased demand. Eating out used to be a luxury maybe once a week. Now people sit in drive thrus every single day, often multiple times in one day. We just don't have enough people the work force willing to work the lousy food service hours and pay to support this.
It would be a shame to lose Texas Roadhouse, I have ate there often with my family and can safely claim that I have never had a bad meal there ever (at any location) and the atmosphere was great as was the service.
Been there twice. everything was fine, EXCEPT.. WAY too LOUD!!!
I live in a suburb of Charlotte and the one in my town always has a 90 minute wait
Yes, always got a good steak there. Hope they pull through.
@@stephens9462 I travel all around the country and frequent Texas Roadhouses often. I've never been there when there wasn't at least a 30 minute wait for a table (I eat at the bar). I think having them on this list is complete BS. They're doing just fine.
Ate there once in Oklahoma City and likewise. No problems.
People who say that its not happening (the collapse) does not open their eyes. The collapse is not an event but a process.
These restaurants think people have an unlimited amount money to eat out everyday, plus they have too many locations. Then they want people to pay an extra 20% in gratiuty and service fees on top of the already high bill. The drinks at restaurants cost more than 2 liter or almost as much as a 12 pack. Most people can't afford to eat at sit restaurants on a regular basis, or they just go out on special occasions.
I'm a cardiologist yet I have a small mr coffee I make before I go to work It boggles my mind that people pay so much money all day for starbucks....lines going 10 deep in the drive through and I drive a S class mercedes paid for. When I was in residency, I ate boxed pasta with olive oil and basil 4 nights a week. dinners cost me maybe $5 for a couple days throw in the Peanut butter on saltines another couple of bucks......
@@dojocho1894 Yes I know exactly what you mean. I was just thinking that the other day when I passed by a Starbucks I can't believe how busy those coffee shops are, and spend so much money on those overpriced drinks. I can't do it lol 😆
Exactly. I'm not pay $3.50 or MORE for an iced tea, which is nothing more than tap water with a tea bag dunked into it. They can keep it.
You have to remember? When government is in control, everyone pays price. It’s not always greed? When food goes up so, does prices. You have to remember paychecks, ultilities , rent on building, taxes for business all payouts. The thing I have unclean, poor servers, where are the good cooks? The food is over cooked or not season well, cold.
Starbucks is the wort coffee unless you put all that sweet stuff in it. You cannot drink tat stuff black. The best tasting is dunkin.
The Texas Roadhouse 10 minutes from my house is always packed 7 nights a week.
We do not eat out anymore. Too expensive and portions have shrunk. Thank you UA-cam chefs for showing us how to make great dishes.
Fast food is no longer the 'cheap' alternative it used to be...a full meal is over $10 now, when you could get it for about $7 not so long ago...but regular restaurants have all gone up too... I just saw where pretty much everything on the menu of my favorite Mexican place just went up by $1 pretty much across the board... can't afford to eat anywhere but home these days... looks like the restaurant industry is about to collapse...
you could get it for a few dollars back in the 80s. a hot dog ; fries and a drink cost us like 1.50 in the early 80s'
I could buy a cheeseburger combo for $2.98 at a family owned burger place in 1997 now that same combo is $8.00
More like $5 is now $12. Taco Bell is one of those, as are McDonalds and the like.
$1 more and your complaining?? Think of the resto owners who face insurance increases of 18%. Real estate taxes of +20%. Food prices, by crazy suppliers charging 30% more.
And ppl are complaining the price increases. Blame the CEO's of suppliers who get $20 million dollar raises
None of that matters when I can't afford to eat there anymore...
My husband and I were eating at an Olive Garden. The busser dropped a full tray of dirty glasses at my feet and glass exploded everywhere, sending small shards into my feet (i was wearing sandals). No apology, nor enumeration or anything at all. Actually looked annoyed that I was in the way of clean up so I went to the restroom and wiped the blood off my feet. Not a big deal injury wise but I was affected to the point of NEVER going there again. Could of had a repeat customer but they are to blame for that.
No apologies? That’s truly bad business :(.
@@catw6998 that’s what I thought!
😅if all you and yo husband did was wipe bhlood off yo feet and not have kicked dat guys ass for you gettin kut wit glass, you need a more manly husband lol
@@BhloodBhlood👈😆
Says the dweeb who gets bitch-slapped by girl scouts selling cookies.
The owners of my favorite mom and pop restaurant do a land office business but the cost of food is eating them alive. The restaurant seats 28 and over half of their business is take-out plus catering . Their food bill last week was $35,000 plus hourly wages for a staff of 8. The owners are working 12 hour days and don't pay themselves some weeks.
The restaurant business is really tough these days and will get much worse if the U.S. economy slows down with the world wide slump.
Labor is a huge issue . You need cheap labor to run a restaurant. The real problem is the economy and the USD are broken but the strategy is to keep giving people more physical money . Modern money theory has ruined a America
@@georgewbushcenterforintell147Greed, avarice, bigotry, and dope will ruin this country. Stop blaming employees like a Republican.
That is called "Stagflation". Recession and Inflation at the same time. When we have a downturn, a correction, we still have a certain amount of INFLATION at the same time. I was born in 1951 it has been that way my whole life. We have had INFLATION since 1933 when Roosevelt signed us up for the "New Deal". It was subtle at first but as time went on it has gotten worse and worse. Every time some politician thinks we are about to have a Correction on his watch, he grabs the money printing trigger. The Banks are more than happy to oblige, as they created the "money" from thin air then charge INTEREST. It is just a blip on a computer screen, they don't even have to "print it". I wish I had a RACKET like that. The three worst thing going are Insurance, Banking, and the Stuck Market. And two of these were invented by the Dutch East India Company, the first global corporation, and we have been ROBBED by these bastards ever since.
They used the pandemic as an excuse to increase the prices, corporations raked in record profits and got more greedy. Last week I went to buy powdered coffee creamer which normally costs 2.99 (it was 2.29 a year ago) and from one day to the next they raised the price to 4.99! I refuse to make them richer, I'm now drinking black coffee. Anything that has an outrageous price increase I stop buying and find another cheaper brand, go without or learn to make myself. Corporations have enough money to pay a decent wage, offer benefits, sell their products at reasonable prices and still make a profit but they want it all! Let's see who buys their stuff when AI takes over and we're all without a job and without money for anything!
Usually you only go into the restaurant business for a tax write-off. Unless you are operating a high-end restaurant business, then you need to charge $100 per plate. I'm referring to a "sit-down" restaurant and "fast food" is a completely different animal.
it blows my mind that olive garden was even all that popular to begin with; the blandest "italian" food i've ever eaten in my life.
All the food comes to them frozen. Nothing is made fresh. I've had 2 friends that worked there that told me that.
@@Puppylove82-gv3gm So they get the cooked pasta in bulk?
@@V.E.R.O. I guess. They said it comes in plastic bags.
@@Puppylove82-gv3gm That makes sense, my mother ordered a soup once and it came with that square plastic thingy that you close bags with.
I live in New Jersey - we have lots of great Mom & Pop Italian Restaurants. Olive Garden is expensive and mediocre at best. I can't imagine someone choosing to eat there if they've ever had good Italian food.
Food quality at Texas Roadhouse has declined dramatically. I ate there for the last time about 6 months ago. The food was abysmal.
I've never had a bad meal there. Perfect every time. The cooks must suck at your local.
I find that with Golden Corral and Royal Buffet (aka Teppenyaki's.) There prices are up over 1/3 and the food quality is down at least that much.
@@borg386👈😁
Or you're a naive nelly with shiddy taste.
I go to TxRdHs 3 to 5 times a week.
Perfect every time. Much cheaper and far better than fast food any day. Their prices have had to increase because the population control billionaires are doing everything they can to destroy beef and chicken in the USA. But it is so the best restaurant in the USA by far. But it has gone up 35%....
But where can you get a 6 ounce steak, 2 sides and all you can eat rolls for $13.99??? You can hardly make that at home for that price. And cooking for one person is nearly impossible. And you never leave TxRdHs hungry. I'm satisfied every meal.
When they started handing me receipts suggesting 15% 20% 30% tips, inferring that if I tip the standard 15% I was a cheap SOB, I decided to stop going to restaurants altogether. In Europe the tip is included in the meal so they don't play this "shaming" game. On top of that I have lived in Asia and Europe and the food quality in the USA is horrible. No intelligence in the food preparation, everything tastes like it was canned or reheated from frozen. I bought some high end cooking equipment and I watch youtube videos for instructions and I can make better food myself.
I have heard food taste better outside of the United States.
Food in America was great in the 60s, 70s and the 80s, then it began to change the meat is terrible, and the fruit and veggies have no smell or taste
FYI: every chain restaurant relies on frozen, processed food--from fast food establishments to fine dining, it is the only way they can shovel it out cheaply, quickly, and consistently. If you can find a restaurant that buys, prepares, and serves fresh, farm-to-market food: all bets say it's not going to be a franchise or chain establishment, AND you're going to be paying a steep price for the experience.
Lot of places start the receipt tip suggestions at 18% and go UP from there…
Now counter service restaurant’s pressure you to tip them for handing you a bag.
You're ARE a cheap SOB. Standard today is 18-20% before taxes. 15% was in the 80's.
The last couple of years, Ive been trying to hit the places I like but don't get to often. Covid and the subsequent inflation, which has been blamed for higher profit margins for the record, told me many restaurants won't be around in a few years. Get it while you can. More to the point, learn to cook and treat dining out as an experience, not a daily expectation.
Everything was going up before Covid, and lack of staffing. I ate at a Shoney's restaurant in 2019, only two workers there the hostess and cook
Last sentence, however true... not popular with the masses. 4 times a year...not 4 times a week.
Exactly this. At some point in America we gained the ridiculous collective notion that we are entitled to eat out multiple times a week for cheap. Ask your parents and grandparents how often they ate out when they were growing up.
@@gunkulator1 6 ~10 times a year
our texas roadhouse is thriving they arent struggling one bit.
Our roadhouse in Texarkana just broke ground on a new million building,,always packed, must be doing good
Ours is in Chesterfield Virginia.
Same here in California. TRDH does NOT belong on this list.
@@ragingbrawler1481 You're lucky we've had terrible experiences there.
All I know is that the local Olive Gardens (Atlanta) almost always have waits for tables, and not always because of short-staffing. They are genuinely still popular, as are Cracker Barrel, Texas Roadhouse and Waffle House.
I still like the Waffle House
A new waffle house just opened down the street.
Waffle House will NEVER die in Ga.!
Well, unfortunately our area did lose Golden Corral. You would have to drive about 30 minutes south to get to another one.
the wait is doo to not using all the dining room I no this they suck
Embezzlement by managers was Steak & Ale's demise as well.
I did not know that, I really loved the chain!
I really miss Steak and Ale House
I cook at home religiously. Talk to anyone who works in the restaurant industry or talk to the people who inspect restaurants. If people knew what goes on in the back of the kitchen they wouldn't go out to eat. Even high end restaurants are absolutely gross. Rats, mice, roches, dirty kitchens, ect. And the people who serve your food really don't care. I have seen them come out the bathroom stall and go right to the kitchen without washing their hands. Eat at home!
ANYTHING you can make at home, is better than 80% of what you can order out.
Amen. I have personally seen the same.
There's a Seinfeld episode about exactly what you talked about. Something like ' Jerry catches Poppy not washing his hands after using the bathroom.' I don't know the episode number.
Your standards aren’t high then!
U wash ur hands coming out of the restroom n when u get back in a kitchen. How is it that u can tell n see into the kitchen?
I got two extra "side dishes" at Popeyes yesterday, (besides the one that comes with the Chicken). I got Beans and Rice with the meal as a Combo, then extra "Coleslaw" and "Potatoes and Gravy". each single side dish costed an extra "$4.59". My Bill was around $25.00 for a Meal that just a few years ago would have costed $12 to $15.
Way too much. My wife and I cook 6 out 7 days. I fast 1 day weekly.
I ordered two extra piece of plain white toast the other day at a breakfast restaurant. $4.00 for two pieces of supermarket brand generic white bread. Could have bought at least two whole loaves of it at the grocery store for that.
Utterly absurd. By next year, there will be almost NO places to go! Better stock up if you can.
These Texas road house restaurants are packed here in Cali. Every single time I go there it’s easily an hour wait.
Same here in IL. Been the same since they opened 18 yrs.ago Never hurt for business
Go to Longhorn Steakhouse. Much better! No lines. Actually cheaper the T.R. (Rancho Cucamonga)
@@jamesseabolt5915 - No way. TxRdHs is 10xs better. Much cheaper, better options. All you can eat fresh bread?
No one beats TxRdHs. It's the only place where I absolutely love 15 diff menu items. $13.99 for a 6 ounce steak, 2 sides and all you can eat fresh bread? 😳 Incredible.
The Longhorn close to our mall almost never has 2 cars there. The servers are obviously on meth. If not for being within walking distance of a hotel it would be closed. Longhorn has sucked for the last 6 years. I used to go there twice a week for lunch. Totality inconsistent. Very high prices.
They are also packed here in Missouri. I live across the street from one and it is always packed.
The basic problem is a business model based on slave wages, forcing employees to rely on tips for survival.
They weren't (slave wages) back in the day...they were considered 🤔 normal pay for the type of job. Flipping burgers wasn't meant to feed a family of 5.... Or be your career. 🧐
@@patjones5723 back in the day this country had a manufacturing base that allowed a high school educated man to get married, own a home, 2 cars and raise 2 children...much has changed for the worse. While I am not advocating for mcJobs to be the answer, if you adjust for inflation using "official" data, the minimum wage should be about 15/hour. Wages across the board have been stagnant since Nixon closed the gold window and the banksters were put in charge of our debt based economy inflating away the value of the dollar until now we face Zimbabwe levels of inflation on the horizon
@@patjones5723 That "starter job" stuff was just large restaurant chains exploiting kids and those without a HS diploma as a cheap labor force. Meanwhile, they raked in billions serving literal poison to a gullible public. They still don't pay much and expect people to work hard for long hours, put up with rude customers, cruel managers. Unfortunately, the service industry is the only option for many due to lack of good union jobs with decent wages. Maybe that's about to change as labor unions seem to be making a comeback.
Yep, it's what Covid taught people.....to respect themselves and not take a job for 15 dollars an hour because that doesn't feed a family of 1 anymore
@@patjones5723😂😂😂😂 so u don't let women and minorities into college and then make minimum wage so white male are needed this trickle down economics is a joke and look know women are making more money and divorce is up because women don't have to stay with husbands who beat them
Thanks to horrible energy policies in this country, the cost of everything is ridiculous.
What has energy to do with it? Besides here it is October and all of thise chaines are still standing.
The energy policies did not start in the US. Its Russia's invasion of Ukraine that drove oil prices up. The US has no say in the world price of a barrel of oil.
Trump 2024 !!! MAGA !!!
Energy is a small fraction of the costs in the restaurant business. In chain restaurants, high franchise fees and forced use of high priced suppliers from the corporate fat cats eat away most of the profits.
@@Unknown-rb3ip Energy costs are never going down as long as we continue to be addicted to that black sludge from unstable governments that hate us. The cost of extracting, refining and transporting it are enormous. Once China and its 1+ billion people entered the market in recent years, the demand soared and has continued to stay high, jacking up prices everywhere, even for domestic production. Petroleum is a global market and companies always sell to the highest bidder. China continues to bid high. The only time prices have gone down was when the world was in a deep recession, which is no solution at all. Every fill-up funds overseas terrorists either directly or indirectly. Oil was the powerhouse of the industrial revolution but it's time to move beyond 19th century energy solutions.
Took out my family of 4 to a pizza place ,ordered 1 pizza 2 chicken tenders kids meals ,dozen steamers , 2 chocolate milks and a small pitcher of beer. $91.00 plus tip. That would feed my family for a week . Eating out now is only for. Birthdays etc.
Just a couple years ago, I could purchase 4 Sausage Egg McMuffins and a large drink from McDonald's for around $12 or as low as $8 if they were running a special. Last week that same order cost me just shy of $21. Welcome to the world of $15/ hr minimum wage. Thank God I found a way of making this same sandwich at home but much better tasting and cheaper. If you'd like to know how to make the perfect round egg at home, especially if you like the yolk a little on the running side just ask.
It's so simple to make that at home, I find it hard to imagine why anyone would bother to go to McDonald's for it.
You might want to look into what the CEO and other executives are making at McDonalds. They literally provide nothing but the name but skim a huge amount off of the top.
@@ej2953 Yes you're right they are very easy to make and I do on the weekends but once a week me and a co-worker trade off buying them before work.
@@gunkulator1
Do YoU kNoW wHaT tHe CeO MaKeS.
No and I don't give a shit what they make.
CEO: In charge of the entire company. Needs to make sure company is making profit to pay workers and to ensure shareholders are happy and to maintain good community relations among other duties.
Average McDonald's worker: Flips some burgers, dunk's couple baskets of fries, makes a sandwich or two, takes an order.
I'd ask if you see the difference between job responsibility but you probably don't.
@@Lugare2011 Lol no. CEOs makes sure that THEY make a profit. They don't care about the company and will gladly run it into the ground to make short term profits so that they can collect their fat bonuses. And every one of them has a Golden Parachute so that you can't fire them without paying them off for millions first. The CEO is answerable to the Board of Directors but funny thing about those boards. They are usually made up of other CEOs so that there's reciprocity for these sweetheart deals.
Also, you have no idea how franchised chain restaurants work. The success or failure of each individual restaurant is the sole responsibility of the local franchise owner. The CEO does literally nothing to help, although they certainly do a lot to hurt. Money flows in one direction, from the franchise owner to the corporate headquarters. Corporate dictates the menu, the vendors, what physical changes must be made and often the pricing too. And they provide precisely zero in return for all these dictates. Have you ever wondered why the shake machine is always broken at your local McDonald's? It's because franchise owners are forced to buy defective shake machines from a single vendor who provides kickbacks back to corporate. Owners are forbidden to service the machines themselves and are forced to pay exorbitant repair fees to the vendor to "fix" the machines - which usually amounts to little more than pressing a button. Ask any franchise owner and you'll hear many many similar stories of how the fat cats at the top rip everyone off.
I can't believe the fast food dumps are still in business. Prices are outrageous for junk food. I bought a whopper it was 7.00$ it was vile.
Yes I live in the Seattle area and most Burger King s here are dirty stupid employees and chicken that tastes like Sawdust!!!!!!
Ridiculous isn't it? Recently I got 2 lbs of hamburger at $3.48 a pound (or $7.20 with tax for 2) or what you about paid at Burger Krap for the one. That gave us four nice burgers on the grill and much healthier.
@@muffs55mercury61 No doubt, I also cook my own.
Arby's - $16.88 for a double RB, 4pc cheese sticks and medium drink. Tasted horrible. Never again.
I go to TxRdHs 3 to 5 times a week. It's real food. Same price. All you can eat fresh bread. 6 ounce steak and 2 made from scratch sides. Real butter. Heck yeah. Leave satisfied every time.
@SteveEddy-od7fb - Go to Epoch Times with Roman. He did a special on the majority of fast food places and they DO use wood pulp to fatten up their chicken. They would not respond to debunk their news against them. Crazy! Wood in the chicken? Sick. Only 60% chicken in the chicken? 😢
I can't imagine why sit down restaurants are suffering. I mean it's normal to pay $60 per person for a $30 per person meal when the restaurants add on mandatory "gratuities" then have the gaul to hand you an iPad with yet ANOTHER percentage tip on top of that with a minimum choice of like 30%, with 50% expected. Fail to tithe your diverse waitron to the level it expects and watch them spit in your food. No thanks. I'll cook at home.
Exactly, years ago I watched a Grill cook spit in My Hamburger, like I didn't notice, I'm White.....I was so disappointed. I have learned to cook, thanks to UA-cam......too many sick angry People out there. If I'm putting it in My body, I'm not taking any more chances.
We went to a locally owned more upscale eatery in my area. We had two of their fancy burgers and a glass of wine each and with a tip it cost $80.
"...your diverse waitron to the level it expects..." Marvelous phrasing! ;-)
@@LSeverusPertinax Wait til they find out who does most of the farm labor in this country.
I live on Long Island, NY & even with a population of 3 million, i.e.( Nassau & Suffolk Cty.'s,), we've never had
a sufficient amount of "fast-food" restaurants! I've seen chains like, Ponderosa; Golden Corral; Country Kitchen;
Chi-Chi's; El Torito's; Charlie Brown's; Pizza Hut & even some Burger King's; Wendy's & McDonald's, go out of
business! Why, because of outrageously high property taxes! Long Islanders can't find cheap restaurants, anymore!
That is a shame. It's almost like New York would rather have 0 tax revenue coming in than instituting a fair property tax! I live in the south and we're always hearing about New York's outrageous taxes on people and businesses!
I miss chi-chi's
@@omar10213245yea, I l8ke them too but they had some kind of health issue/s that just ballooned on them and then legal problems ensued so they closed.
I got my wife a to-go order last weekend at Olive Garden. Got an entree, soup, salad and dessert. $52 with a modest tip. Never again,
Me too.
$42 for an average meal, not even a good portion. One person? $3.99 for a fountain drink and server was so busy, or lazy, I couldn't get a refill. That was 3 years ago. I used to eat there 3 times a week. You can't even get a decent portion of pasta with your meal now. And they act like whatever sauce you ask for on the pasta is made of gold. It should cover at least half my pasta.
😢 Never again.
I stopped eating out three years ago. I invested in an outdoor kitchen, with a few high-end appliances and its been the best thing that I've decided to do. Healtier, cheaper, and better for the family.
Dang, I envy you
When menu prices have increased by 30% in many cases, people like myself will no longer patronize the place. That, and the fact that tipping is expected (or at least requested) for counter ordering and counter pickup, with zero service, leaves a bad taste in my mouth. That pretty much assures that I won't be back, particularly if they're aggressive about it. I ordered at a counter a few weeks ago, and the order-taker spun the console around to me wanting me to put in a tip. The consoled prompted for a 40% tip, which you had to manually change to something else. The unmitigated nerve!
A local Panda Express has received poor ratings, due to employees changing the tip amounts, and skimming customer credit and debit cards.
The Panda Express by me will not even take tips.
that’s what you get for eating there lol
Texas Roadhouse CEO didn’t just pass away, he shot himself.
Massive Debt will cause that very thing
Taylor died by suicide on March 18, 2021, at the age of 65. He had been struggling with post-COVID-19 symptoms including severe tinnitus for months after becoming infected with the virus.[1][7][8] After some improvement from an experimental treatment, "Taylor went to get his COVID vaccine and the tinnitus came roaring back. Two days later [...]" he died by suicide.[
Mark - He was suffering from Tinitus, severe case. He didn't have any sleep for over a week. He had just had Covid a few weeks previously and was still recovering. The man couldn't continue without sleep.... especially after still recovering from a bad case of billionaire created virus.
Inflation. Questionable food. And employees who don't wanna work there. What could possibly go wrong??
The attitude of recreational income to "enjoy oneself" is being driven extinct.
Enjoying oneself does not mean eating out 5 times a week.
@@susansmith493That mentality is over.
My first and only experience with Cracker Barrel ended with violent food poisoning. Never again.
me too!!!
Myself and my girlfriend
went into Cracker Barrel only “once”.
Looked at the menu
and
-walked out
I just don’t get it …
Cuz, u ain’t from around here.
OMG, I'm so sorry. Every time I get sick from a restaurant, my family and friends do not believe me!
They've gone woke as well, they celebrate June as gay pride month and many locations put out gay pride rocking chairs in those colors
It's getting to the point we have to cut out cable, vacations, and eating out to pay for the all the insurance bills on top of the bills. The price of homes and vehicles these days are scary and then add on the insurance fee and it sucks the life right of you.
FJB
Rent costs have doubled in the last 10-15 years, meaning most people don't have disposable income to spend on restaurants. It's a downward spiral.
About 13 blocks from a relatively new Cracker Barrel that shuttered in Beaverton, Oregon is a plot of land called the BG Food Cartel.
About 30 food carts at any given time. Quite the variety. There are probably entrees you can buy from any one cart for more than $15, but I haven’t seen maybe more than one such dish. It’s often quite “full” with people. It’s outside, so more people are comfortable going. You’re not paying for corporate overlords, it’s obviously takeout style presentation, there’s outdoor and indoor bars as needed, it’s usually tastier, certainly healthier (maybe not healthier than competent home cooking, but certainly fewer corners cut), and it’s simply a more interesting experience.
I read somewhere in the last 24 hours that the food hall phenomenon (a mostly indoor version of what I just described) is starting to spread to the suburbs. Abandoned strip malls and larger deceased restaurants are good locations for such things. Dare I say that maybe it’s the corporate culture that is being somewhat rejected?
They're trying that in my smaller town. Guess will see how it works out but they don't seem to have a shortage of business for the time being. If food prices spike then it will probably kill them off, time will tell.
Texas Roadhouse is packed where I live all the time
Same here.
I stopped eating at Cracker Barrel several years ago when they stopped serving real butter with the meal. Also they switched from real maple syrup to a "blend" that is mostly corn syrup. Yuck.
IM SOOO GLAD I’m at the end of my 45+ years in this industry … I ALMOST NEVER go out to eat … I’ll cook at home , thank you
Taking a family of 3 to McDonald's almost costs you $60 now, wtf is that smh
I stopped going to restaurants long time ago, just don't trust their cleanliness , way too expensive and the food don't even taste good.
It's frozen and reheated trash.
Most of the names on this list are places we don’t enjoy and never used again after trying them out a time or two. Our favorite is Panda Express, which has different problems than the others here. We like Texas Roadhouse but our local site is too crowded to get into regularly. The only other name we like, Five Guys, is located in a part of town we rarely get to and with Freddy’s, Whataburger and Culver’s much closer we just never get there.
Personally, I’ve been working on my grill and smoker technique (and seasoning) so a quick trip to Walmart or Harter House often yields us a better meal than we can pay 4 times more for by going out.
As for Denny's there are too many good local places here in Northeast Wisconsin to bother with Denny or Perkins. I'd rather support those.
Denny's is way better than waffle house, and there's tons of them
@@blmartechI hear ya. I like the ones that come in the grilled pans, kinda like the fajitas, but I forgot the name of them without doing Google search. I’m running my battery down, it’s getting late, tired, zzzzzzz
Wow I thought Perkins expired some years ago. At least the ones I was aware of did.
@@muffs55mercury61 The closest Perkins to us permanently closed July 2020.
@@catw6998 They were everywhere when I was driving long haul (1995-2008) I ate at one that was located in a truck stop (restaurant now gone) and it was ok though nothing spectacular.
Sorry to see Olive Garden and Texas Roadhouse on this list but my income has not kept up with inflation in restaurant prices so I don’t dine out as often now.
Both great restaurants here and plenty busy. But don’t you think the Biden economy and covid resurgence are the causes? Hope they can hang in
All the Little Caesars restaurants here in Rhode Island went out of business in the last year and a half!!
A chain pizza parlor in Rhode Island or NYC makes as much sense as a Taco Bell in San Diego or a Captain D’s Seafood here in South Louisiana. The local people can just make that food way better
Why only 12. There are literally thousands facing the same guillotine
Regarding Olive Garden, I have rarely seen a small mom and pop Italian restaurant that wasn't better than Olive Garden. I haven't been in an Olive Garden for over 25 years now.
As for Dairy Queen, the only one in my town shut down a few years ago. I used to go to the one in the next town over on occasion, but ever since they reopened after covid, they have been terrible. Where there used to often be a number of cars outside that Dairy Queen, there is now typically just one and I assume that is whoever is working.
When I was 16 in the early 70’s, I got a minimum wage job as a bus boy at a local steak house. I made $1.55 per hour. Minimum wage jobs were for high school kids to make enough to buy a cheap used car in a year and pay gas money and to afford a movie on Saturday. Minimum wage jobs were not for adults supporting a family. The reason nobody can afford to eat out anymore is the price of the damned food due to insane minimum wages. Soon our currency will be like in other countries where it will cost $10,000 for a hamburger! Let’s just pay everybody with no education, no skills, and no ambition $80 per hour to slowly cook French fries.
I know. And look at all the comments whining about restaurants not paying a “living wage” 😂
So someone making 3 dollars an hour is problem 😂😂😂😂😂😂😂 and no high school kid works alot of White wealth no teenagers in rich towns by me work and they even tried to hire them at 15 Dollar an hour but no white teenager are working so.they had to bus in minorities but back down to 3 dollars an hour
Surprised Applebee’s is not on this list.
There is a little Italian Restaurant near my house that is run by an older woman (late 70's) and her family. People actually love my red sauce but I cannot match hers so I go there when I want to go out to eat. Everything they make is fabulous. AS far as the chains- I was a traveler, and the chain restaurant generally were a way to get a decent (Not great but edible) meal if you were where you did not know the locals. I would always try to get a recommendation from the local first - but if I did not - then at least the chain restaurants I went to were not terrible. I know - not a great recommendation but it is better than nothing. The Texas Roadhouse is better than the others on this list - their steaks were always pretty good. However - I found you could get a better chicken Parm at almost ANY local Italian Restaurant than go to Olive Garden - however their Shrimp Scampi was okay.
My Dad found a really decent Italian Mom & pop when we lived in Pa. We used to go there every once in a while til we didn’t. I’m not sure what happenened. Maybe they moved away?
I live in NJ and when I lived more north - there were Lots of small Pizza joints (What we called them) - almost one in every shopping center. However, for the most part - even their food is mediocre. I actually cook pretty well so I make most of what I want at home. I now live in southern Jersey - and on the coast you have lots of small seafood places as well. BUT - I have a friend who owns a Seafood Supply house for Restaurants that he lets me in. Three times a week they send a Refrigerated Truck to Maine to get fresh and frozen Lobster - and they are no much better than any you can otherwise get that I buy them in 10 pound increments of tails. Fabulous. @@catw6998
All of these reasons given for these companies going broke is so out of touch with reality...The truth is
1. Food Quality Down
2. Portion Size Down
3. Quality of Service Down
4. Prices Have Gone Up
People aren't willing to go out to dinner for a sub par overpriced experience.
As retired people we are rarely eating out.
However, the owners and employers of these 12 Major Restaurant Chains are still rich and unfortunately the employees are jobless and poorer.
Start a business
@@susansmith493 everyone should do that, oh wait.
Golden Corral was famous around here for constant health warnings and closures due to spread of food-borne illnesses. I miss buffets generally but not that one. And the only reason I ever went to Waffle House was because someone else dragged me over there, and instead of ordering food, would just watch for drunken fistfights and try to count how many waffles were stuck on the ceiling that day.
We. call it “Slop the Hog”.😝
The GC I used to frequent in NC was actually great as far as health and safety went. I used to complain so hard about them for years when Ryan's was a thing. But they were good in cleaning things up. The pandemic really did end lots of buffet.
I lost interest in buffets because of Chinese restaurants.
In what was undoubtedly the nicest Chinese buffet I've eaten at, I saw one 10 to 12 year old kid take his plate back to the buffet, dump the food back into the buffet, and then refill his plate with other food. I never went back to that one the entire time I lived there. That was about 25 years ago.
Then I would go to one Chinese buffet with my mother and my brothers. I hated the place. The manager of the place clearly had no interest in food sanitation.
The local firefighters ate there often as a group and my nephew was one of the firefighters. Then one day when they were eating, they saw the manager take food off of a table that had just paid and left and scrape it back onto the buffet.
I don't go to Chinese buffets at all any more and rarely to any other kind of buffet.
Why almost no mention of the real culprit - an out-of-control bureaucracy, most significantly the CDC.
Easy way to save money...Don't eat out. Learn to cook, it is faster and tastier. Plus, you
tip yourself.
I still love Fuddrucker's. Planning on driving 3-4 hours next week to visit the nearest location. I love their model. Pick your own toppings plus that hot cheddar cheese self serve is worth the visit!
Amen to that!! Our beloved Fuddrucker's here in Spokane closed many years ago so it became our family's mission to find their restaurants whenever and wherever we traveled. We've enjoyed those wonderful burgers in Missoula, Portland, Anaheim, Las Vegas, and Washington DC. Sadly, the last Fuddrucker's restaurant still operating in the northwest is in Great Falls, in the middle of Montana! Wonderful food and wonderful family memories 😊
@@jeanninehill6009😊😊
Texas Roadhouse is crazy busy every day, they’re not going anywhere
@@wesleybullock814you’re entitled to my opinions, obviously.
@@wesleybullock814 he's not wrong. go to any Texas Roadhouse in America, particularly on the weekends. It's packed from open 'til close.
Same here
@@omar10213245 The video says they need to raise prices, it’s hardly a problem. I drove by one Monday night and it was full
Same in California
Texas Roadhouse was doing great the other day, place was packed. Awesome time had .
Olive Garden is just an Italian Denny. Pasta sucks. Food is way over priced.
Dairy Queen, Waffle House and Denny's are a part of growing up in America; the rest of them I can do without.....
I can handle anything ... but when it affects dairy queen... this sht is getting real! Hands off my blizzard!
DQ is the most underrated ice cream out there. I am hooked on there chocalate malts and banana splits.
@susansmith493 too late. The "Dilly bar" is now the new improved vegan dilly bar.
Yuck
@@mikeries8549 ok this is the sort of issue that deserves an insurrection! :)
The margin between eating at what I consider a fast food restaurant and a full service sit down restaurant with actual food that while not as healthy as most home cooked meals has become razor thin. In fact if I'm going to spend money on dining out I might as well splurge on a regular sit down restaurant because they are a better value. Or at least that's my observation.
The Denny in Newnan GA have workers going to their cars to drink and smoke to only come in when a customers shows up at the drive through. The doors to the diner are always closed and the place has become a dump. There is no one watching these people.
I'm really surprised that Texas Roadhouse, Waffle House, and Denny's are all on this list.
Yeah Texas Roadhouse is a one of my favorites. I go as a treat every once in awhile, but the other places can all disappear.
@@victorkreitner754 You're lucky.
No Olive Garden for me. I don't want to encounter a dead rat's foot.
No joke. Look the story up.
I’d never eat at any of these restaurants. All will lead you to an early grave with the type of ingredients they use.
Who could have known paying employee's less than $3 per hour would make it hard to find willing and happy workers. LOL
The wife and I mainly frequent mom and pop local restaurants. The cost of the meal doesn't have to feed investors and overpaid senior executives. And the food is better. The last time we ate at McDonald's and Burger King the food was barely edible. The service at our local Texas Roadhouse has been slipping and with higher cost of meals we aren't going back.
The last time I ate at Burger King (about thirty years ago), the hamburger was so bad that I spit out the first bite and threw it all in the trash. I see no reason to ever go back.
the fed has giving up on trying to beat inflation . it just gets worse from here on out . everything will go even higher . in my opinion . so brace for impact.
Most young people can't even boil water so they rely on fast food and restaurants for there meals, they'll be the first to die off when things go sideways...
YES THEY WILL !!
I haven’t been to to any of these places in years. Way before 2020.
I can imagine how bad it's going to get for the eateries in California where Newsom signed in a new minimum wage for low/no skill workers at $20.00 an hour.
Are they suffering massive losses or lack of gains?
We enjoy cooking at home and have for decades. We've taught our kids how to cook which was a part of their weekly chores. We gave them 'street smarts', a knowledge base not taught in schools or at home, to become more independent, not codependent.
Not the one in Warwick Rhode Island. They were so many people there we left. Place was packed.
If you think that these major restaurant chains are bad you should take a walk into a truck stop sometime. I went into a truck stop last night thinking I would get some dinner and a break from the truck. They had one single stuffed green pepper for $13 no sides if you wanted two sides it was an additional $3 per side so $6 more. Last night I went hungry. Part of that was my fault because I didn't think about putting some extra food on my truck. But I just can't afford to fork out $20 a meal including a tip. I should also mention that this was a deli counter not even a full-service restaurant.
Aren't meals deductible?
Not really The federal government has said that truck drivers are in total to a $69 per day per diem. Nothing really in the truck is deductible. If you're a company driver per diem causes a real headache for taxes. Out of that per diem they expect you to cover not just your meals but any other expenses that you have to take such as gloves which could run about $25 laundry which is $5 a loaded at the minimum not even including soap. Imagine if you can't get through a Walmart and can pick up soon but a reasonable price for stuck with what you get at the truck stop which is about 10 loads of laundry soap for about $10. It would be really eye-opening for somebody to investigate this for the general public I've been a driver for over 10 years. While the rates have pretty much remained the same all of the expenses are about double from where they were 10 years ago. I have a family at home and these days I can't even afford to take off time to visit them I am always having to run. I feel like one of those auto workers would like to be middle class again.
The last time I ate at Olive Garden the food was atrocious! That was 2019! Ditto for Cracker Barrel much earlier!
Welcome to the New America. No cars No planes No Meat, No Lesure.
The less crappy food options we have, the better off we all are.....
I went to Texas Roadhouse about two weeks ago. I didn't like it. It was too loud for me. I don't like loud restaurants. Sports bars are expected to be loud due to being catered to hardcore sports fans. I believe Texas Roadhouse is trying to be both a restaurant and a sports bar. I don't that will work. First time going and is my last time going. I don't like the loud atmosphere. Just don't.
I thought the same the last time I went. The music was so loud, I felt like I was back at the club and had to yell in the servers ear!I didn't even try to talk to my husband, lol, he already can't hear.
I haven't heard of anyone being sh0t at a Texas Roadhouse unlike Popeyes chicken. The atmosphere is just fine and even better if the servers line dance to Copperhead Road. I've ate at, at least 5 different Texas Roadhouses and the food is always phenomenal. A top shelf Texas Tea and 16 oz Fort Worth ribeye never gets old.
@@Puppylove82-gv3gm 😂😂😂 Well, your husband and I have something in common: I’m severely hearing impaired. Can’t hear jack and being in a loud environment won’t help cause my wife is very soft spoken and I have to read her lips to understand what she’s saying.
@@commonsense_2023I just want to eat a steak dinner. I don't need the hickpop music and the forced cringy dances....
@@grafxdesigner93 If you can’t hear then how did you read this?
Lets not forget they have themselves to blame in many regards. The quality of service and product have continued to decline while the cost to the customer climbs. This isn't true for all, but it seems the most common denominator. But with todays prices, I've got news for the service industry... mediocre service isn't going to cut it anymore. I'f I'm expected to pay more, you better step up your game. Just the other day, I went to PDQ, as everything is pieced together, I ordered sweet potato fries. I paid extra for this. Get halfway home and just like that no fries. These people expect $15.00 but cant read a damn ticket and put the product in the bag. I don't think that deserves $15.00 hourly or my continued business. Voila, customer lost.
It is jusr severe incompetence. What is PDQ?
Besides higher prices, the portions sizes are smaller also. A double kick in the wallet.
I wonder where all the stimulus money went to keep them in business?
Never underestimate a foolish public who continue to insist dining out.They will not be denied.
You're a genius..@@wesleybullock814
EXACTLY!! Have people forgotten to prepare meals at home? This proliferation of restaurants led in great part to the obesity epidemic