Thread regarding Ford layoffs

Example of company that didn’t update its product offerings with the same times

https://www.wsaz.com/2024/06/24/hooters-is-closing-dozens-underperforming-restaurants/?outputType=amp

Old business model = ICE

What was needed: a product/ staff mix of ICE, PHEV and BEV wait staff

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| 595 views | | 4 replies (last June 25, 2024) | Reply
Post ID: @OP+1tcDMIHa

4 replies (most recent on top)

It’s the economy stupid.

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Post ID: @swy+1tcDMIHa

NO thanks I'll pass on the "New Coke", the Segway too. Intelligent change also requires the market you depend on to want want you have. In the case of ICE vs BEV aside from replacing gas with the construction of many new coal fired or natural gas fired power plants and offering the occasional barbecue and range anxiety not sure what that customer's attraction would be. Hooters like a LOT of other restaurant chains is having a tough time because inflation has eroded the average families discretionary spend.

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Post ID: @xhq+1tcDMIHa

Maybe they should have covered up more? Burka?

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Post ID: @yfq+1tcDMIHa

Times not same times

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Post ID: @dnt+1tcDMIHa

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