7 ms·
Restaurants are thin margin business because wages for consumers haven't risen either, even as boardmember payouts have skyrocketed.
by postmodest 2y ago
Restaurants are thin margin business because wages for consumers haven't risen either, even as boardmember payouts have skyrocketed.
- danem 2y agoWhat are you arguing? That restaurants are getting squeezed by their suppliers? And btw Americans eat out more frequently now than just about any other time in history.
- gruez 2y ago>even as boardmember payouts have skyrocketed. how much % does executive/board make up of total expenses? They might seem big on an absolute basis but I doubt they're the reason restaurants have thin margins.