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[quote name='Rohit' date='lun. 30 nov. 2015, 22:35'] Why are so many <a href="http://dycfgv.com">busniess</a>es going out of <a href="http://dycfgv.com">busniess</a> at the same time?1) economy and slowdown in consumer spending hitting everyone at once2) for retailers, this is an acute problem. ever wonder why they call thanksgiving weekend black friday ? it's because retailers are in or close to the red (losing money) for the entire year until this weekend. from this weekend to the end other year is where retailers make their profits for the year. so how do they get their operating money til then? through revolving credit from the banks? but because of the banking crisis and their poor sales, banks are not extending credit to the weaker companies. why do some of these stores succeed and some fail?it's because of <a href="http://dycfgv.com">busniess</a> model and management best buy vs circuit city if you ever go inside a best buy, you'll notice the obvious, that it's bigger than circuit city. since they offer the same prices, this means that best buy competes on broader selection. bigger size also means that they can design a more effective store layout that better drives sales. it also means that they can devote store space to a broader offering of dvds, music and other items that draw people into their stores. it also means that best buy receives more money from the manufacturers like sony or warner brothers to put special displays inside their stores. whenever you go inside a retailer, and see a special promotion or ad in the store, you can bet the manufacturer is spending big dollars to the retailer. foot traffic at a retailer is like ratings for television. the more you have, the more you can charge the manufacturer. for best buy, this manufacturer money will likely account for more than half their profits this year.bennigans i remember eating there once. the problem is that they have a very uninteresting menu selection, and as a chain, they are competing at a price point that is very competitive in the restaurant industry. problem is that people don't think of irish pub when they are eating out, and yet it's clearly designed to be a restaurant. and as a bar, people aren't so keen on bars as chains, so the appeal is very limited. the same is true for some of the other restaurants you mention. nothing sets them apart, and in this climate, people just aren't going to go to these restaurants. i think applebees is doing ok because it's clearly designed as a family style restaurant and that's all. the menu is clearly designed with the kind of things kids like to eat. the food is quite mediocre, but it's at a lower price point where it's more affordable, and it's very family friendly. [/quote]
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