Quote:
Originally Posted by kane
Food delivery services and more places offering delivery are likely cutting into pizza sales, but pizza is still one of the most popular foods in the country. I live in a smallish suburb and in the last year we have had two new pizza places open up and both seem to be doing pretty well.
I don't think we will be seeing the demise of pizza anytime soon.
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The current "state of the industry," as it were, is not sustainable.
Last night I checked out Postmates because I also want pizza tonight and I cannot find delivery from any pizza place except the majors. For $10 a month you get unlimited deliveries with no fee, or you pay a $3.99 per trip delivery fee.
That is not sustainable. These IT companies with venture funding are "disrupting" markets with prices that they will not be able to maintain as soon as the investment money goes away.
My sincere hope is that these fluffed companies do not destroy the local companies that I love. If the local companies can hang on a few more years, they may make it. These upcoming years, until the bubble pops, are going to be very rough though.