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The Water Cooler
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The financial state of 53 restaurants.
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<blockquote data-quote="NationalMatch" data-source="post: 3676295" data-attributes="member: 48586"><p>Can't speak for most of these places, but a couple of weeks ago I stopped by Red Robin on 71st in Tulsa. The wait staff acted like it was an imposition for them to be there and, after I had waited for some time (for my waiter who said he'd be right there), I decided to leave. </p><p></p><p>The place was mostly empty anyway. I guess that should have been my clue in the first place. </p><p></p><p>I won't be back. </p><p></p><p>As for the other places on your list, I see a lot of reasons that have to do with poor fiscal management, bad expansion decisions (Starbucks), etc. </p><p></p><p>All in all, the food industry is perhaps the least forgiving. Restaurants tend to fail at a higher rate than other businesses.</p><p></p><p>It's market economics. Capitalism favors efficient operators. If an operation isn't efficient, it's supposed to close to allow efficient operations to rise to the top.</p></blockquote><p></p>
[QUOTE="NationalMatch, post: 3676295, member: 48586"] Can't speak for most of these places, but a couple of weeks ago I stopped by Red Robin on 71st in Tulsa. The wait staff acted like it was an imposition for them to be there and, after I had waited for some time (for my waiter who said he'd be right there), I decided to leave. The place was mostly empty anyway. I guess that should have been my clue in the first place. I won't be back. As for the other places on your list, I see a lot of reasons that have to do with poor fiscal management, bad expansion decisions (Starbucks), etc. All in all, the food industry is perhaps the least forgiving. Restaurants tend to fail at a higher rate than other businesses. It's market economics. Capitalism favors efficient operators. If an operation isn't efficient, it's supposed to close to allow efficient operations to rise to the top. [/QUOTE]
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