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Gordon Ramsay Worst Nightmare

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What is going to happen to Gordon Ramsay’s Kitchen Nightmares & Jamie Oliver - The Naked Chef in tough conditions? Somebody please enlighten me , I remember (maybe I am wrong ) when somebody was pleading in the papers to help our local Clubs & Restaurants after a major slump in business, it think it was the Ivy in Covent Garden it was a disastrous moment for the area, as far I can remember it was 2000 (not sure).

No Business, no Ticket sales for all theatres and so and so, maybe because of 9/11, but still god indicator of how people react on events and how fast slumps occur, everything can change from good to bad in couple of months.

http://www.heraldtribune.com/article/20070...STATE/707150665

"A lot of the local guys are hurting, they're not working," Behrens said. "A lot of guys are still working, but they're just not getting paid."

http://www.huntingtonnews.net/columns/0608...en-comment.html

Disposable income is way down, from all the accounts I’ve seen. Many people who refinanced their houses with adjustable rate mortgages (ARM) – bad idea – are strapped to the point of foreclosure and bankruptcy. I’ve read through dozens of news stories that shows this to be the case.

Casual Dining Business Hits Major Slump

http://adage.com/article?article_id=111131

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What is going to happen to Gordon Ramsay’s Kitchen Nightmares & Jamie Oliver - The Naked Chef in tough conditions? Somebody please enlighten me , I remember (maybe I am wrong ) when somebody was pleading in the papers to help our local Clubs & Restaurants after a major slump in business, it think it was the Ivy in Covent Garden it was a disastrous moment for the area, as far I can remember it was 2000 (not sure).

No Business, no Ticket sales for all theatres and so and so, maybe because of 9/11, but still god indicator of how people react on events and how fast slumps occur, everything can change from good to bad in couple of months.

http://www.heraldtribune.com/article/20070...STATE/707150665

"A lot of the local guys are hurting, they're not working," Behrens said. "A lot of guys are still working, but they're just not getting paid."

http://www.huntingtonnews.net/columns/0608...en-comment.html

Disposable income is way down, from all the accounts I’ve seen. Many people who refinanced their houses with adjustable rate mortgages (ARM) – bad idea – are strapped to the point of foreclosure and bankruptcy. I’ve read through dozens of news stories that shows this to be the case.

Casual Dining Business Hits Major Slump

http://adage.com/article?article_id=111131

I think you can expect to see more of this,in fact I'm surprised that establishments such as ramsays are suffering at all,the clientele have plenty of money,it's the lower end who eat at beefeater who do the offski.things MUST be bad!!

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Surely you are not suggesting the Government policy of providing a Costa on every street corner by 2009 to tackle social exclusion is going to be canned?

I cant see it, I would think Gordons restaurants will get some form of subsidy, to continue with the policy of social mobility,and to filter money into the economy via the MP's and labour councillors expense accounts.

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What is going to happen to Gordon Ramsay’s Kitchen Nightmares & Jamie Oliver - The Naked Chef in tough conditions? Somebody please enlighten me , I remember (maybe I am wrong ) when somebody was pleading in the papers to help our local Clubs & Restaurants after a major slump in business, it think it was the Ivy in Covent Garden it was a disastrous moment for the area, as far I can remember it was 2000 (not sure).

No Business, no Ticket sales for all theatres and so and so, maybe because of 9/11, but still god indicator of how people react on events and how fast slumps occur, everything can change from good to bad in couple of months.

It is not the high end of the entertainment or dining industries that end up hurting but rather mass mid market as average households get squeezed by increased debt service costs together with general costs of living increasing faster than wages. They historically cut back on all forms of discretionary spending takeaways, eating out, leisure, sky/cable, non essential shopping etc giving the wider economy a dose of flu. This is how mild downturns can turn into recessions almost out of nowhere.

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What is going to happen to Gordon Ramsay’s Kitchen Nightmares & Jamie Oliver - The Naked Chef in tough conditions? Somebody please enlighten me , I remember (maybe I am wrong ) when somebody was pleading in the papers to help our local Clubs & Restaurants after a major slump in business, it think it was the Ivy in Covent Garden it was a disastrous moment for the area, as far I can remember it was 2000 (not sure).

No Business, no Ticket sales for all theatres and so and so, maybe because of 9/11, but still god indicator of how people react on events and how fast slumps occur, everything can change from good to bad in couple of months.

http://www.heraldtribune.com/article/20070...STATE/707150665

"A lot of the local guys are hurting, they're not working," Behrens said. "A lot of guys are still working, but they're just not getting paid."

http://www.huntingtonnews.net/columns/0608...en-comment.html

Disposable income is way down, from all the accounts I’ve seen. Many people who refinanced their houses with adjustable rate mortgages (ARM) – bad idea – are strapped to the point of foreclosure and bankruptcy. I’ve read through dozens of news stories that shows this to be the case.

Casual Dining Business Hits Major Slump

http://adage.com/article?article_id=111131

US news from 12 months ago - whats the point of this FFS?

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What is going to happen to Gordon Ramsay’s Kitchen Nightmares & Jamie Oliver - The Naked Chef in tough conditions? Somebody please enlighten me , I remember (maybe I am wrong ) when somebody was pleading in the papers to help our local Clubs & Restaurants after a major slump in business, it think it was the Ivy in Covent Garden it was a disastrous moment for the area, as far I can remember it was 2000 (not sure).

No Business, no Ticket sales for all theatres and so and so, maybe because of 9/11, but still god indicator of how people react on events and how fast slumps occur, everything can change from good to bad in couple of months.

http://www.heraldtribune.com/article/20070...STATE/707150665

"A lot of the local guys are hurting, they're not working," Behrens said. "A lot of guys are still working, but they're just not getting paid."

http://www.huntingtonnews.net/columns/0608...en-comment.html

Disposable income is way down, from all the accounts I’ve seen. Many people who refinanced their houses with adjustable rate mortgages (ARM) – bad idea – are strapped to the point of foreclosure and bankruptcy. I’ve read through dozens of news stories that shows this to be the case.

Casual Dining Business Hits Major Slump

http://adage.com/article?article_id=111131

US news from 12 months ago - whats the point of this FFS?

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What is going to happen to Gordon Ramsay’s Kitchen Nightmares & Jamie Oliver - The Naked Chef in tough conditions? Somebody please enlighten me , I remember (maybe I am wrong ) when somebody was pleading in the papers to help our local Clubs & Restaurants after a major slump in business, it think it was the Ivy in Covent Garden it was a disastrous moment for the area, as far I can remember it was 2000 (not sure).

No Business, no Ticket sales for all theatres and so and so, maybe because of 9/11, but still god indicator of how people react on events and how fast slumps occur, everything can change from good to bad in couple of months.

http://www.heraldtribune.com/article/20070...STATE/707150665

"A lot of the local guys are hurting, they're not working," Behrens said. "A lot of guys are still working, but they're just not getting paid."

http://www.huntingtonnews.net/columns/0608...en-comment.html

Disposable income is way down, from all the accounts I’ve seen. Many people who refinanced their houses with adjustable rate mortgages (ARM) – bad idea – are strapped to the point of foreclosure and bankruptcy. I’ve read through dozens of news stories that shows this to be the case.

Casual Dining Business Hits Major Slump

http://adage.com/article?article_id=111131

US news from 12 months ago - whats the point of this FFS?

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What is going to happen to Gordon Ramsay’s Kitchen Nightmares & Jamie Oliver - The Naked Chef in tough conditions? Somebody please enlighten me , I remember (maybe I am wrong ) when somebody was pleading in the papers to help our local Clubs & Restaurants after a major slump in business, it think it was the Ivy in Covent Garden it was a disastrous moment for the area, as far I can remember it was 2000 (not sure).

No Business, no Ticket sales for all theatres and so and so, maybe because of 9/11, but still god indicator of how people react on events and how fast slumps occur, everything can change from good to bad in couple of months.

http://www.heraldtribune.com/article/20070...STATE/707150665

"A lot of the local guys are hurting, they're not working," Behrens said. "A lot of guys are still working, but they're just not getting paid."

http://www.huntingtonnews.net/columns/0608...en-comment.html

Disposable income is way down, from all the accounts I’ve seen. Many people who refinanced their houses with adjustable rate mortgages (ARM) – bad idea – are strapped to the point of foreclosure and bankruptcy. I’ve read through dozens of news stories that shows this to be the case.

Casual Dining Business Hits Major Slump

http://adage.com/article?article_id=111131

US news from 12 months ago - whats the point of this FFS?

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What is going to happen to Gordon Ramsay’s Kitchen Nightmares & Jamie Oliver - The Naked Chef in tough conditions? Somebody please enlighten me , I remember (maybe I am wrong ) when somebody was pleading in the papers to help our local Clubs & Restaurants after a major slump in business, it think it was the Ivy in Covent Garden it was a disastrous moment for the area, as far I can remember it was 2000 (not sure).

No Business, no Ticket sales for all theatres and so and so, maybe because of 9/11, but still god indicator of how people react on events and how fast slumps occur, everything can change from good to bad in couple of months.

http://www.heraldtribune.com/article/20070...STATE/707150665

"A lot of the local guys are hurting, they're not working," Behrens said. "A lot of guys are still working, but they're just not getting paid."

http://www.huntingtonnews.net/columns/0608...en-comment.html

Disposable income is way down, from all the accounts I’ve seen. Many people who refinanced their houses with adjustable rate mortgages (ARM) – bad idea – are strapped to the point of foreclosure and bankruptcy. I’ve read through dozens of news stories that shows this to be the case.

Casual Dining Business Hits Major Slump

http://adage.com/article?article_id=111131

US news from 12 months ago - whats the point of this FFS?

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The coming recession will take out a lot of these eateries, and Landscape gardeners and car valaters that have sprung up in the last few years, plus all the tradesmen with brand new vans and pickups.

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http://www.heraldtribune.com/article/20070...STATE/707150665

Herald Tribune - 07/15/2007

Slowdown ripples through North Port's economy

Despite his calm demeanor, Behrens is not a happy man: Restaurant sales are off about 30 percent, which has led him to cut back on shifts for his wait and bar staff.

Reading the first one have made me think and dig up the old one from year ago - the things from last year are just "predictions" and they are reality now in some sort.

The article has reminded me about the Ivy in Covent Garden and how empty were the West End streets for about a month or so. Nothing else really, no crash here.

Edited by alabala

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http://www.heraldtribune.com/article/20070...STATE/707150665

Herald Tribune - 07/15/2007

Reading the first one have made me think and dig up the old one from year ago - the things from last year are just "predictions" and they are reality now in some sort.

The article has reminded me about the Ivy in Covent Garden and how empty were the West End streets for about a month or so. Nothing else really, no crash here.

Gordon`s junkie brother is languishing in an Indonesian(?) jail for possession of smack. Whatever your views, it`s pretty rank that Gordon hasn`t even spoken to him! :blink:

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The upmarket restaurants will do just fine, the more expensive the better.

The rich will get even richer and those that service them will leech off them.

It is the poor that will have to cut back on take-aways, fish and chips etc

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Sector Snap: Casual Dining Stocks Slide 24 April 2007

http://www.ibtimes.com/articles/20070424/s...sual-dining.htm

Well the Ivy is not some sort of Take away is it, maybe the wealthy and the rich will never suffer but where is the fun with all these groomers around, I think even the richest Clientele will pull back, not because of cash flow problem but because of sentiment. I am not expert, but thing are getting psychological here, and you don't want to get mugged because you are coming out from the Ivy. The whole tread is about the domino effect, if there is one, but I am not sure. Maybe the Slump in 1999 or 2000 was caused by 9/11, I am not sure at all what caused the slump, the only thing that have reflection now is that the IVY was in trouble of getting any customers, and some guy was pleading not to be shy and to come out and fill the London - west end once again.

I don’t know where to dig up data about sales in the West End.

Here is an article from 2001…

http://news.bbc.co.uk/1/hi/entertainment/showbiz/1574833.stm

http://www.thestage.co.uk/news/newsstory.php/8639

http://news.bbc.co.uk/1/hi/business/1646862.stm

Friday, 9 November, 2001

ABTA says the growth in the number of overseas visitors to the UK will not return to trend levels until the world economy recovers

with the number of high-spending US visitors falling by 45% compared to August.

Edited by alabala

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Sector Snap: Casual Dining Stocks Slide 24 April 2007

http://www.ibtimes.com/articles/20070424/s...sual-dining.htm

Well the Ivy is not some sort of Take away is it, maybe the wealthy and the rich will never suffer but where is the fun with all these groomers around, I think even the richest Clientele will pull back, not because of cash flow problem but because of sentiment. I am not expert, but thing are getting psychological here, and you don't want to get mugged because you are coming out from the Ivy. The whole tread is about the domino effect, if there is one, but I am not sure. Maybe the Slump in 1999 or 2000 was caused by 9/11, I am not sure at all what caused the slump, the only thing that have reflection now is that the IVY was in trouble of getting any customers, and some guy was pleading not to be shy and to come out and fill the London - west end once again.

I don’t know where to dig up data about sales in the West End.

Here is an article from 2001…

http://news.bbc.co.uk/1/hi/entertainment/showbiz/1574833.stm

http://www.thestage.co.uk/news/newsstory.php/8639

http://news.bbc.co.uk/1/hi/business/1646862.stm

Friday, 9 November, 2001

I took a couple of clients and a colleague to the Ivy recently. It was OK, nothing to shout home about and certainly not as good as Gordon Ramsay at Clarridge's. Even Langans, which is looking tired now, is better than the IVY. I think the cost was around £700 but I'm not sure as i just signed for it, but overall i would not rate it as a top restaurant these days.

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I took a couple of clients and a colleague to the Ivy recently. It was OK, nothing to shout home about and certainly not as good as Gordon Ramsay at Clarridge's. Even Langans, which is looking tired now, is better than the IVY. I think the cost was around £700 but I'm not sure as i just signed for it, but overall i would not rate it as a top restaurant these days.

Dinner for 4 £700? I can do that. Gis-a-job.

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Dinner for 4 £700? I can do that. Gis-a-job.

Exactly what I was going to post ridiculous.!Foie de grass anyone!

reminds me when on holiday of some trout asking if they did veal on the menu.... ..but was so much more concerned over the health of the horses she had used to go riding that day!.

Till it was pointed out where veal came from!.

Edited by hollogramme

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http://www.reuters.com/article/domesticNew...430117420070924

Consumers cutting back on restaurants: survey

The survey of 1,000 people found that 54 percent of Americans said they would eat at restaurants less often over the next three months. Two of five respondents said they are already dining out less frequently than they were six months ago.

"Volatile stock markets, declining home values, higher energy costs and overall concern about the economy are reducing Americans' appetite for dining out," RBC analyst Larry Miller said in a statement.

The survey's results come as many sit-down restaurant chains are struggling to reel in customers, while cheaper fast-food restaurants are generally seeing strong sales.

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I've already pulled out of Brighton restaurants because the thrill of paying London prices for somewhat less than indifferent food and service-with-a-snarl has finally worn off.

Will make an exception for Riddle & Finns though: 6 Native Oysters and a glass of good wine to kick off the evening!

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