Ray Camillo – Founder & CEO, Blue Orbit Restaurant Consulting Imagine this: It’s a vibrant Friday night, and some friends have decided to go out and unwind. Half the squad wants to get pizza from Danny’s while the rest is obsessing over shrimp tacos from Shakes. Queue the 30-minute frustrating debate or possibly not, because …
By January 2020 the restaurant business was getting crowded and hyper-competitive. Since about 2009, on the heels of the worst recession in most people’s memory, restaurants around the country struggled and failed. Panera Bread, Chili’s, Cheesecake Factory, Seasons 52, and Red Lobster were suspiciously still standing while higher quality mom-n-pop concepts were crushed to dust by the downturn. The sub-prime mortgage business disgusted the public.
Unless you’ve been boycotting the steady stream of dreary news coming at us from all sides, you’ve probably heard how meal delivery services like Grubhub, Uber Eats, Door Dash, or even Postmates are struggling to turn a profit. On the delivery company’s side, their models are proving unsustainable despite the pandemic’s effect on delivery demand.