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To: Daffynition
Panera Bread's noble experiment in pay-what-you-want retail has been successful at its first two restaurants in St. Louis and Detroit, taking in about 80% of the retail price of the food they serve.

That's success? Show me a restaurant running a 20% margin. There ain't none. So, even these 'successes' are losing money.

2 posted on 09/29/2011 1:23:30 PM PDT by tnlibertarian (Things are so bad now, Kenyans are saying Obama was born in the USA.)
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To: tnlibertarian

This isn’t all Panera’s restaurants, just a select few. They can write off the losses on their taxes and then jack the prices at the paying restaurants to cover it.
See, it works! lol


10 posted on 09/29/2011 1:36:18 PM PDT by sheana
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To: tnlibertarian

Well, it does prove that socialism goes broke even faster when most of its constituents are smelly hippies than when they are normal people.


19 posted on 09/29/2011 2:03:04 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: tnlibertarian

A restaurant that doesn’t require you to pay *is* a called a *soup kitchen.* in these parts.


20 posted on 09/29/2011 2:16:48 PM PDT by Daffynition (“There are no compacts between lions and men, and wolves and lambs have no concord.” ~ Homer)
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