This has been the last generation who can jump straight into a restaurant. In 1990, you could set up a little restaurant for $150,000. Now you need $1 million. At least. So the entry point into the industry has shifted, that opportunity is disappearing. We're seeing the last generation of independent restaurateurs who can go into business for themselves, by themselves. And it's a shame people won't be able to do that. |
We have an extraordinary city at the moment, a huge choice. But as big business comes to dominate, that choice will rapidly contract. |
Well, people vote with their wallets and purses, so you could argue that Subway is merely meeting consumer need. |