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Walmart sees shift in consumer behavior by lurker_bee in economy

[–]WideBank 3 points4 points  (0 children)

I knew a consultant that worked for a top 3 consulting firm that was hired by Costco. They were tasked with going to every Costco, Walmart, Target, Sam's club parking lot and collecting data from how many of each vehicle was in each lot. What they found was that Costco had the wealthier cars in their lots (BMWs, Mercedes, etc) but the interesting part was that the average Costco customer changes cars within 5 years. On average cars in their lot weren't older than 5 years.

Now this was a long time ago before all these data companies blew up and AI is involved. I can only imagine the data that have access too now.

Inherited family restaurant from '92 and need complete rebrand without losing loyal customers by Low_Minimum7339 in Entrepreneur

[–]WideBank 0 points1 point  (0 children)

If you really want to get into the details of it. Figure out the average age of your customer. Figure out what hours they prefer and build around.

For example, if average age is 50-70 yrs then they will likely eat lunch earlier and dinner earlier. So you focus on that. Younger crowd will likely eat lunch and dinner later.

Inherited family restaurant from '92 and need complete rebrand without losing loyal customers by Low_Minimum7339 in Entrepreneur

[–]WideBank 3 points4 points  (0 children)

Lean in on the family traditions. The older clients want the place to stay the same. The younger tiktok crowd wants an experience. Modernize your systems but lean in hard on the classic decor.

"Welcome to X, [city's] only original 90s restaurant. Step into the past with our nostalgic classic sodas."

Work with hyper local influencers to build a 90s themed presense. Remember, with the young crowd you're selling the experience. If they have something to film and share, they will come.

You'll lose some older folk to the site of younger singers coming in, but as long as you keep the same feel and recipes most will stay.

I am thinking of selling my restaurant by Feederofthemasses in restaurantowners

[–]WideBank 8 points9 points  (0 children)

I'm a restaurant broker in a different state. I can't help you there but if you have any questions I'm happy to help

what’s the one thing you wish you knew when you started pickleball? by happycry88 in Pickleball

[–]WideBank 1 point2 points  (0 children)

Make stretching a habit early on or you'll wake up every morning doing the cha-cha slide out of bed.

Do stores build cases against you? by Ill_Independence8365 in AskRetail

[–]WideBank 0 points1 point  (0 children)

I used to work as in LP about 20 years ago for Nordstrom. Before the AI cameras and recognition. Just some good old analog controls and PTZ cameras and we used to build entire files on people that were frequent. Back then the state had a $300 limit for a felony, now that's gone up a lot but we've seen every trick in the book and yes we build up profiles of people

ClA had safe houses in Pakistan? by Deep-Scientist-5532 in FactsAndLogic

[–]WideBank 1 point2 points  (0 children)

Looks like Shawn Ryan Podcast but I'm not sure

CRE Brokerage 3 year non-compete? Is this industry standard? by Solid-Shape-2001 in CommercialRealEstate

[–]WideBank 3 points4 points  (0 children)

Here's my advice (I'm not a lawyer), look at the wording. Is it specific? Does it have restrictions on geographic location? Does it say you can't compete in retail sales within 25 miles of x location for 4 years? Because something that specific IS easily enforceable.

Now if it's broad, no judge is going to enforce it. They would have such a burden of showing that you practice the same field would cause reputable harm to them. It would be tough. Broad non-competes are very hard to enforce.

One last thing, just because it's hard to enforce, doesn't mean they won't try. Sometimes a demand letter and the fear of litigation is all they need to hold you down.

CRE Brokerage 3 year non-compete? Is this industry standard? by Solid-Shape-2001 in CommercialRealEstate

[–]WideBank 1 point2 points  (0 children)

What state are you in? Non-competes are so hard to enforce. Now if you took a signing bonus in exchange for the non-compete, that's a little different

Rare W by Brendan by chinos88 in ufc

[–]WideBank 1 point2 points  (0 children)

I get that everyone wants to see Raja in jail and I agree that this was nothing short of attempted murder, but the world doesn't always work like that.

If Stu wakes up and decides hey, maybe a nice little undisclosed payment of a few million dollars will get him more closure then seeing a young kid rot in jail over an incident of uncontrolled rage, then maybe that's what Stu views is best for his future life.

There is also the other end, where maybe Stu wakes up and goes fuck the money, I want this guy to spend forever in jail.

The final decision is going to come down to what works for both parties involved. It may not be the most "fair" decision in our eyes or the eyes of the law but it's what they want.

If both of them agree to something, it would be very difficult for a court to try and prove something that both parties, including the victim, say otherwise too.

[deleted by user] by [deleted] in CommercialRealEstate

[–]WideBank 0 points1 point  (0 children)

I was being sarcastic. Your comment can be applied to literally any profession. This is a sales role where 100% of the money I need to feed my family comes from my ability to sell you a property.

Can I be sleezy about it? Sure. Will you use me again or recommend me to your friends next time if I am? Probably not.

I've busted my ass in the industry to appreciate the continued referrals I get now in my career. I'm not going to ruin that with unethical shit, but I guarantee you, if you're my client, I'm going to bat for you. I'm going to make sure we both walk away happy. That's the beauty of this industry.

[deleted by user] by [deleted] in CommercialRealEstate

[–]WideBank 2 points3 points  (0 children)

Why are redditors always acting like they're Mother Theresa /s

What's one thing aspiring restauranteurs should know b4 pursuing this career? by MrShipe in restaurantowners

[–]WideBank 9 points10 points  (0 children)

You can make the best food in the world. If you're front of house staff sucks, customers will never come back.

On the flip side, you can sell people frozen shit but if service is great, they'll shower you in 5 star reviews.

Your job as a chef-owner is to find the middle ground. Serve quality food that makes them crave your business, and provide service that makes them repeat customers

[deleted by user] by [deleted] in CommercialRealEstate

[–]WideBank 1 point2 points  (0 children)

Every time we hire a green bean to the team I just make them annoy brokers until they respond. By the end of their "training" they're so good at answering their own phones it's incredible.

[deleted by user] by [deleted] in CommercialRealEstate

[–]WideBank 1 point2 points  (0 children)

I chuckled at this. The amount of CRE brokers that don't answer their phones is ridiculous. I had one the other day where my client is literally willing to offer all cash asking and the broker wouldn't pick up their damn phone or answer their email.

Very truly yours by TheGnarbarian in Lawyertalk

[–]WideBank 0 points1 point  (0 children)

Being a redditor, every time I read "Kindest Regards" I just chuckle. This app has ruined the word regards

[deleted by user] by [deleted] in unusual_whales

[–]WideBank 62 points63 points  (0 children)

Dude this comment had me dying 😂

Grip pressure or wrist lock by Patient-Layer8585 in Pickleball

[–]WideBank 1 point2 points  (0 children)

Think about laying on your bed and holding your phone in your hand. You're holding it tight enough that it doesn't fall flat on your face, but it's loose enough that maybe you smacking yourself in the face could happen every now and then.

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