Monday, April 21, 2014

The Economy - Carl's Jr.

Though there has been no news about the Southern California based food chain Carl's Jr., I have been noticing that several of their stores have closed down. I have not visited a Carl's Jr. in a long time, but I am not surprised that they are closing some stores. The customers who would frequent such an establishment have less and less money to spend. I am sure that revenue has been down even though there has been no specific news. I think we are going to see more restaurants closing as food costs go up and revenue falls. I don't think it's not a good time to be in the restaurant business.

What do you think?