| User Info
| Darden Says "We're Screwed" in forum [Market-Ticker]
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Bertdilbert
Posts: 2662
Incept: 2008-12-22
CA
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They were moving their employees also to part time to cope with Obama care. This may have added to a decline in the customer experience. Will have to wait and see. Mish may bring this one up since he cited them as moving to part time workers.
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Dear Euroland: Relax, Germany has a plan for your money!
Political Capital Defined: We are out of money but will tax our citizens for whatever it takes to "SAVE" the Euro.
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Genesis
Posts: 130779
Incept: 2007-06-26
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It's not a customer experience issue, it's a "why spend $40+ for two in this joint for a pair of dinners and a glass of wine?"
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Wearedoomed
Posts: 3585
Incept: 2009-01-14
slightly red state
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... and get fatter on the surfeit of carbs while doing it?
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And you, my father, there on the sad height,
Curse, bless me now with your fierce tears, I pray.
Do not go gentle into that good night.
Rage, rage against the dying of the light.
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Landshark
Posts: 11295
Incept: 2008-02-07
The Wild West
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^^ EXACTLY ^^
And for food that is mediocre at best.
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Success in life is a matter not so much of talent and opportunity as of concentration and perseverance.
– C. W. Wendte
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Vitchilo
Posts: 4625
Incept: 2011-04-27
Online
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Good thing Ben will probably announce QE to infinity next week uh...
And even better, interest rate on the 10 year is now negative...
All very bullish.
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"Every normal man must be tempted at times to spit upon his hands, hoist the black flag, and begin slitting throats." -- H.L. Mencken
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Gamma
Posts: 5582
Incept: 2008-01-20
Northern CA
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Or, why should I eat this starchfest when I could just as easily slather it onto my waistline where it would persist less and hopefully wash off next shower?
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This stuff we're going through, this is nothing compared to the Middle Ages.
They told me if I voted for John McCain, an idiot would be a heartbeat away from the presidency. Sure enough...
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Salt
Posts: 192
Incept: 2010-05-28
NC
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Yeah devaluation of purchasing power is biting the consumer, and so is tax additive for the privilege of being f'd.
I suspect it's going to have a real impact on tipping too.
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Flappingeagle
Posts: 1229
Incept: 2011-04-14
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This goes well with something I brought up yesterday after one of your posts.
Order Backlog is HORRIBLE! Many companies need a certain amount of order backlog to run smoothly and I'm just not seeing it. It seems that slowly what foundation there was left under this house of cards has been eaten away.
Flap
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Here are my predictions for everyone to see:
S&P 500 at 320, DOW at 2200, Gold $300/oz, and Corn $2/bu.
"You can't build a house of cards on a shaking table." - Tony Johns
The January 2015 AMZN put at $130 (cost $4.25) will be a winner.
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Aztrader
Posts: 6650
Incept: 2007-09-10
Scottsdale, AZ
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Bought a Pizza at Papa Murphy's this weekend after the gun show and attached was a brochure telling customers that they accept EBT cards. I am surprised that Darden doesn't because its discrimination that the poor can't eat at Olive garden............
Eating out is a luxury now and with ZIRP, more and more people can't afford it. The student loan money will start drying up and more and more folks will wonder how to pay their basic bills, much less eating out.
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Tesla
Posts: 15542
Incept: 2008-04-03
State of Disbelief
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You can have a fairly decent meal at Red Lobster with very few carbs, especially during what they call "lobsterfest". It's a lot cheaper way to get lobster than any other joint around here.
OTOH, anybody been to Applebee's lately ? The portions are small, the prices are high (for what they are), and the greens that come with the dinner are sparse. If you want a side salad, the cost is 4.50 for a puny effort. Dinner for 2, with tip, is over $50. No thanks. For that I'll go to Red Lobster and actually get lobster, AND have leftovers to eat for lunch the next day, thereby getting 2 meals for the price of 1.
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"Even a dog knows the difference between being stumbled over and being kicked." -Justice Oliver Wendell Holmes
"Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." -Samuel Adams
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Mrbill
Posts: 7857
Incept: 2008-10-19
North Carolina
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Longhorn Steakhouse. Ordered a steak and special-ordered a "plate of 12 pieces of bacon" appetizer that wasn't on the menu. The manager came over to ask if we meant it, and we did, so we got a plate of bacon.
Carb-free! (with a side of veggies)
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Smacktle
Posts: 1362
Incept: 2009-01-20
Texas
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2013 is going to be a banner year!!!.....Wait for it....
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The faults of the burglar are the qualities of the financier.
- George Bernard Shaw
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Aquapura
Posts: 131
Incept: 2012-04-19
Land of 10,000 taxes
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I was out at what I would consider a middle of the road local restaurant on Saturday night. All day I was craving a good burger, looked at the menu and about fell out of my chair....$17 for a 1/2# burger. Add a beer or two and tips and you're over $30 for one person, for just a burger. No wonder I don't eat out often.
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Tesla
Posts: 15542
Incept: 2008-04-03
State of Disbelief
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Aqua, I hear you. I went out with friends a few weeks ago to a local artsy "pub" that I'd never been to before - they told me it was nothing special, but yummy. After looking at the menu I ordered the burger - $19 for a .5lb burger of local grass fed beef, and $2.95 for any topping. You know, for the basics like cheese, pickles, "condiments", mushrooms, onions, avocado etc etc. So if you wanted cheese and onions and ketchup on your burger, that was an additional $9 !!! Holy **** ! I appreciate the grass-fed bit, but I buy grass-fed for about $2.71 a lb every year for my own freezer - this was a total ripoff.
That was one of their cheaper meals. The place was packed to the gills. Of course, I live in a very affluent pocket that seems to not be affected by events. I'll be interested to see if this place is still going strong in another year.
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"Even a dog knows the difference between being stumbled over and being kicked." -Justice Oliver Wendell Holmes
"Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." -Samuel Adams
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Trades50
Posts: 4217
Incept: 2007-10-30
Land of Tax and Spend
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Anyone been to a KFC lately? I ordered a bucket of chicken for a party. A 16 piece meal was over $33.00. With 12% restaurant taxes it would add up to be over $37.
They had a coupon on their site for a 16 piece with just mash potatoes and coleslaw for $29.00.
It's been a few years since I have visited them, just a surprise to see how much they have increased their prices.
Garbage food anyway.
Bernanke can devalue the dollar, people will be forced to stop buying once the credit card is maxed out.
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When the people fear the government, there is tyranny. When the government fears the people, there is liberty. - Thomas Jefferson
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Magus
Posts: 1979
Incept: 2008-05-04
Online
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Grass fed beef is frequently cheaper than non-grass fed. $19 bucks for a burger is insane, especially with no toppings. We have some great sports bars with terrific half pound burgers for $7-$9 with a side.
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"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
-~~Ludwig V
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Vitchilo
Posts: 4625
Incept: 2011-04-27
Online
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And I thought 5$ for a burger was a lot of money... lol
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"Every normal man must be tempted at times to spit upon his hands, hoist the black flag, and begin slitting throats." -- H.L. Mencken
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Arw
Posts: 218
Incept: 2009-03-02
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In a weird way its all fascinating...
Remember the 70's and 80's and the video/copy of empty groceries, tenament style housing,poor manufacturing quality and limited product availability, ruling class vs the workers, the marginlaization of religion, etc. of the old USSR? And now, unbeliveably, we're living through the creation and eruption of the very same incentives that created that horribly destitute society.
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Medicdan
Posts: 8024
Incept: 2010-02-11
Scottsdale, AZ
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Their food has gone downhill big time. If you're going to eat out and limited on funds, go to Denny's. Half the cost and really good artery clogging food. :)
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Noodleman
Posts: 2393
Incept: 2008-11-01
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Some restaurants in my area are advertising "Buy one meal and get one free".
How long can that ploy be used to generate new business before the owner can't pay his utility bills?
One just closed it's doors last week.
If Darden can't make it how 'bout the little independent chinese buffet in the strip mall?
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"Ammunition beats persuasion when you are looking for freedom." Will Rogers, 4 Nov 1879 - 15 Aug 1935
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Trades50
Posts: 4217
Incept: 2007-10-30
Land of Tax and Spend
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Quote: old USSR? And now, unbelievably, we're living through the creation and eruption of the very same incentives that created that horribly destitute society.
Or England where taxes became insane. A decade ago I thought the US would eventually loose people as they go elsewhere. Historically, it's possible. Empires rise and fall. With the central bank devaluing the currency and taxes going up as well as deficits it doesn't bode well for the citizens.
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When the people fear the government, there is tyranny. When the government fears the people, there is liberty. - Thomas Jefferson
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Drkshapiro
Posts: 632
Incept: 2012-09-12
Southern CA
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Tesla,
Isn't Applebees designed for fat white people? (I think it is all white people, maybe it's a geographic thing.)
The meal is just to make you feel good that you ate something "healthy" thus, the small portion of greens.
Then, you fill up on desert.
Or, you could have filled up on one of their appetizer plates, like this one: appetizer sampler, 2400 calories or choose the spinach dip 1500 calories. Then you are HAPPY the greens are just a biteful because you are feeling ILL.
Isn't that good to know?
You know what, Bert, up near you in the Applebees in Alhambra it is mostly overweight latins, right? So forget what I said.
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Honesty may be the best policy, but it’s important to remember that apparently, by elimination, dishonesty is the second-best policy. --G Carlin
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Gamma
Posts: 5582
Incept: 2008-01-20
Northern CA
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There are numerous forces all acting against the maintenance of the Amerikun lifestyle...that is inarguable. The prior experience with socialism is trickle-up poverty and I very strongly believe we will be living through it. Maybe there will be some good career opportunities in the rice fields.
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This stuff we're going through, this is nothing compared to the Middle Ages.
They told me if I voted for John McCain, an idiot would be a heartbeat away from the presidency. Sure enough...
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Crzymorse
Posts: 1195
Incept: 2010-06-25
Maryland
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It looks like we can take about 1/2 the calories out of the nations diet and live better for it.
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