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Learned something surprising a couple days ago about the fast food industry

DerekJohnson
DerekJohnson Administrator, Swaye's Wigwam Posts: 69,721 Founders Club
edited September 2020 in Tug Tavern
I was talking to my sister who lives in Arizona. She works for one of the nation's largest commercial property management companies. They collect rents for Walmart, Red Lobster, Target, etc. She said fast food chains are making a killing during Covid. They have significantly lowered overhead while having long lines of customers at the drive-thru windows. She says they are doing better now than before the Covid lockdowns. I found this to be shocking but she insists it's true.
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Comments

  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 13,226 Founders Club
    Of course they are. People are poorer and the competition of quick dine in has been eliminated. Never seen so much fast food trash in parking lots, everyone is wasting in their cars.
  • LoneStarDawg
    LoneStarDawg Member, Swaye's Wigwam Posts: 13,703 Founders Club
    And zero dining in, so way more streamlined
  • whatshouldicareabout
    whatshouldicareabout Member Posts: 13,014

    I was talking to my sister who lives in Arizona. She works for one of the nation's largest commercial property management companies. They collect rents for Walmart, Red Lobster, Target, etc. She said fast food chains are making a killing during Covid. They have significantly lowered overhead while having long lines of customers at the drive-thru windows. She says they are doing better now than before the Covid lockdowns. I found this to be shocking but she insists it's true.

    Pretty sure @Pitchfork51 chinned this because of Arizona
  • Tequilla
    Tequilla Member Posts: 20,216
    Bob_C said:

    Of course they are. People are poorer and the competition of quick dine in has been eliminated. Never seen so much fast food trash in parking lots, everyone is wasting in their cars.

    Perhaps true in some parts of the country ... but fast food (unless you live on the value menu) at least in Seattle isn't that much cheaper than actual good food
  • Tequilla
    Tequilla Member Posts: 20,216

    And zero dining in, so way more streamlined

    This I think is the bigger issue

    I much prefer going to a restaurant and eating compared to fast food ... but I can't really sit down easily in a restaurant and have a beer or whatever and watch some sports while I wait for my food, it becomes more tied to would I rather wait the 5-10 minutes to get the fast food by my house or the 30+ minutes to get a meal in a restaurant plus the time to drive to/from?

    It's all about substitution and value ... and current conditions makes fast food look a little better.
  • LoneStarDawg
    LoneStarDawg Member, Swaye's Wigwam Posts: 13,703 Founders Club
    Soylent green is covid people!
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,496 Standard Supporter
    RIP, Hooters girls.
  • Pitchfork51
    Pitchfork51 Member Posts: 27,676
    edited September 2020
    I can't stand sitting down in restaurants

    I don't mind the bar.

    But restaurants nowadays are bullshit. After you've had a drink or two I can't finish an appetizer, much less some monster plate of food.
  • doogie
    doogie Member Posts: 15,072
    Tequilla said:

    And zero dining in, so way more streamlined

    This I think is the bigger issue

    I much prefer going to a restaurant and eating compared to fast food ... but I can't really sit down easily in a restaurant and have a beer or whatever and watch some sports while I wait for my food, it becomes more tied to would I rather wait the 5-10 minutes to get the fast food by my house or the 30+ minutes to get a meal in a restaurant plus the time to drive to/from?

    It's all about substitution and value ... and current conditions makes fast food look a little better.
    Christ, where do you live?
  • Tequilla
    Tequilla Member Posts: 20,216
    doogie said:

    Tequilla said:

    And zero dining in, so way more streamlined

    This I think is the bigger issue

    I much prefer going to a restaurant and eating compared to fast food ... but I can't really sit down easily in a restaurant and have a beer or whatever and watch some sports while I wait for my food, it becomes more tied to would I rather wait the 5-10 minutes to get the fast food by my house or the 30+ minutes to get a meal in a restaurant plus the time to drive to/from?

    It's all about substitution and value ... and current conditions makes fast food look a little better.
    Christ, where do you live?
    North end of Seattle ... so most good restaurants for where I live require me going down to the U-District area or to the other side of I-5.