jpdurbin wrote:I have noticed two restaurants fade for relocating to the east side… Chicos was doing well in the SW end of town but decided to move to the richer side of town. They lost their customer base and had to start a new one in a higher rent district then failed. Kim’s moved from E. Market to the higher rent district on Frankfort Ave. They also lost costumers and much money to rent then eventually moved back losing their new customers from Frankfort Ave.
OK, what should a restaurant do? Expand or relocate? I know over expanding thins out the oversight but can add to the revenue. Relocating also has its issues.
Do you feel mathemetics, probabilty, and organized chaos can be used to help develop and maintain a retail concept