Financing

How restaurants can handle the K-shaped economy

A Deeper Dive: Michelle Korsmo, president and CEO of the National Restaurant Association, joins the weekly restaurant finance podcast to talk about the state of the industry.

How can restaurants deal with the K-shaped economy?

This week’s episode of the Restaurant Business podcast A Deeper Dive features Michelle Korsmo, the president and CEO of the National Restaurant Association.

We typically interview Korsmo at the National Restaurant Association Show every year. This year, we discussed a variety of topics, including the association’s legislative priorities, how it deals with the White House, technology, industry trends and other topics.

We also talk about the economy and its impact on restaurants. The economy is bifurcated. Wealthier consumers have money. Low-income consumers do not. And they are cutting back. The result is a wide gulf in performance between restaurant chains. 

It’s always interesting chatting with Korsmo, so check it out.

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