A little tidbit. A buddy of mine sells to a lot of office/restaurant/refinery/business/schools supplies (non food stuff). From multi billion dollar oil refineries, to mom and pop businesses.
He told me one of the better restaurants. That was buying about 4k in supplies per week in 2022- 2024 average. He is friends with the owner. Its one of his first clients So he personally goes there every Monday in his routine. My friend does the inventory, and orders what's needed. Today he said was his first 0 order. Meaning the restaurant did not need 1 single case of what it normally needs. He said the orders were getting smaller this year. Last weeks was down to 2k. From 2k to zero in 1 week is a big drop. 4k to 2k drop in 14 months before that. He said orders across the board including refineries are smaller. Restaurants are the pulse of discretionary spending. If it hasn't hit your area yet. Just wait, its coming. Refinery economies should be doing better than most. I live in a mostly oil based refinery economy. Its probably worse in many other economies.
He told me one of the better restaurants. That was buying about 4k in supplies per week in 2022- 2024 average. He is friends with the owner. Its one of his first clients So he personally goes there every Monday in his routine. My friend does the inventory, and orders what's needed. Today he said was his first 0 order. Meaning the restaurant did not need 1 single case of what it normally needs. He said the orders were getting smaller this year. Last weeks was down to 2k. From 2k to zero in 1 week is a big drop. 4k to 2k drop in 14 months before that. He said orders across the board including refineries are smaller. Restaurants are the pulse of discretionary spending. If it hasn't hit your area yet. Just wait, its coming. Refinery economies should be doing better than most. I live in a mostly oil based refinery economy. Its probably worse in many other economies.
those who can, do. those who cant, talk about those who can
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