#DENNY's: Closing 10% of the stores because of food inflation. #SCALAREPORT: Chris Riegel CEO, Scala.com @Stratacache.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 25 October 2024
⏱️ 11 minutes
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1947 West Virginia
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| 0:00.0 | This is the Scholar Report, a global technology firm transforming retail space. |
| 0:05.0 | I'm John Batchelor. |
| 0:07.0 | I welcome Chris Regal, the CEO of Scholar.com. |
| 0:10.0 | This is the Scholar Report, a global technology firm transforming retail space with digital |
| 0:15.6 | signage worldwide, all the occupied continents. |
| 0:18.6 | We go to the occupied continent of the United States of America, North America, with a headline that is |
| 0:25.0 | sign of the Times. |
| 0:27.0 | Denny's set to shudder 150 restaurants as. dining industry struggles. |
| 0:33.0 | Subhead, America's Diner, Denny's advertisement, |
| 0:37.4 | aims to slash poorly performing locations, |
| 0:40.7 | 10% of its fleet. Chris, a very good evening to you. |
| 0:45.0 | This is poor performing parts of Denny's. |
| 0:48.0 | However, we hear repeatedly now the complaint during the election polling of the high price of food in the |
| 0:56.8 | grocery mostly but also at restaurants and dining across America. There is also the puzzle about energy prices driving food higher and then maybe bringing |
| 1:10.2 | down some of the costs. |
| 1:11.7 | But the American people quite oddly want the |
| 1:15.1 | prices to go back to where they were before the inflation of 22 and 23. That is |
| 1:21.6 | something that the Harris campaign has talked about repeatedly despite the |
| 1:26.4 | puzzlement by economists and I believe the Trump campaign is not alien to it. |
| 1:31.8 | Is there reason to believe that the prices can return to |
| 1:34.8 | 2022 or is Denny's now just moving with the story accepting that those prices stay |
| 1:41.8 | high? Good evening to you. |
... |
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