- Aug 4, 2011
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When I was young everybody went to the local Denny's when the bars closed. So everybody would bounce around the bars all night, then meet up again at Denny's and the party would continue only without booze, in bright light, add pancakes and chicken fried steak. People would move from table to table just like they were still at the bar, it was hilarious. We even had tiny juke boxes at the tables.Maybe they’re closing down because the food sucks.
Not everyone sucks. The ones mentioned in the vid were favorite chains. They were successful. The change has to do with millennials' spending habits and restaurant choices. Some don't fit their preferences, but many are closing because they're not spending money to go out and eat at good places.
Perhaps their definition of "good places" is different than yours.
I'm going by the numbers and the types of restaurants. It could be that a few went bad, but the breadth of the restaurants mean something else. It sounds generational, so I looked into why the millennials weren't eating out more. They were carrying high student loan debts and hadn't got a job after graduation for some time. Events from the Obama years. They also use Instagram more and you had to serve good looking food or it wouldn't generate excitement, reposts and word of mouth. I suppose this is true. I was looking up a steakhouse on yelp just now after seeing it rated on buzzfeed video. What bothered me was people commenting they gave it low ratings because their meat was served cold. That would be a turnoff for a high priced steak. These were probably older diners like me. I had to look at the photos; You take your chances with a mixed review. The millenials are eating more healthy, so steakhouses aren't their type of restaurant. I can understand that. We're talking about iHop, Denny's and other eateries that are found practically everywhere and have served one generation to another.