There is a location that has changed hands several times in the last few years. Each time, a casual sit-down restaurant was bought out by yet another casual sit-down restaurant. None of them lasted very long and I deduced the reason being that the market for this line of restaurants was completely saturated in the area, and these restaurants that were trying to open up (next to an outback mind you) had nothing special to offer the public to make them stand out from the competition. An example of “entry eliminates economic profits,” and “exit eliminates losses.”
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