It's recession time!! So,what does the recession mean for Restaurants "With job losses mounting and diners staying at home, some share values have fallen out of the frying pan and into the fire.IHOP shares have dropped nearly 90 percent. Applebys and Ruby Tuesday have also seen nearly 90 percent share price declines."Everyone is pulling back," KeyBanc Capital Markets restaurant analyst Lynne Collier told USA Today. "The economy is playing into it." (read more: Here)
Does recession mean more cooking at home ..yes , it does .According to NPR food commentator Bonny Wolf " The recession has brought back home-cooked meals in a big way.It will mean an increase in cooking classes, because people will have to learn how to cook since we haven't been cooking at home for many years," she says.
(read more: Here)
Somber though for troubled times.
(courtesy: Here)
And on that "very positive note",Iam back. Will be posting a lot of recipes from here on out- some recession proof, some not, definitely a wider range of topics facilitating more discussion. Let me know through your comments if you want to see something else on my blog.
Ciao for Now :)
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2 comments:
Home cooked meals sounds great to me, I prefer to eat at home anyway! :))
Welcome back.
Hey Asha :) Thanks ! Iam glad to be back , hope you are doing well. I like homecooked meals too but an occassional trip to a restaurant doesnt hurt either:) Keep visiting
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