Tuesday 17 January 2006 9.08am
I think that even 2 neighbouring places under common ownership would be competing. To the avge person running/working in a restaurant, they don't really care which holding co. owns them.
From the holding co's point of view, there is only a limited amount of time that you can have 2 restaurants side by side and not have them performing to the same level as the rest of your sites.
From the manager/waiter's point of view, they don't care who owns the co. They are much more likely to be focused on their own wages, which, in these industries, are significantly influenced by volume-related bonuses.
I dislike the "selection" of places to eat by Shad Thames
. But my main reason is because they are all identical chain places. It doesn't really matter to me that they're all part of the same group. If they were all owned by the same group and were lovely, then that would be great by me.
...if you press it, they will come.