Comments by "HKim0072" (@HKim0072) on "China’s No.1 Hotpot Xiabu Xiabu Shuts Many Outlets, Hundreds Gone, Only 2 Remain Nationwide" video.

  1. While restaurants technically are "brick and mortar" stores, they aren't categorized that way. Refers to retail stores.
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  2. To be fair, these seem like bad restaurant chain ideas: likely, overpriced and not really unique. Occasionally, I'll watch some of the Japanese restaurant videos. Just small places that have been in business for many decades / generations. More of the neighborhood type small businesses. I wonder if CCP China has those type of places / how they are doing.
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  3. Because they didn't study economics and don't believe in the price-elasticity of demand. They are simpletons: I'm short 20% in revenue, so I'll raise rents by +20% to make up the difference.
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  4.  @makokx7063  Seems very anecdotal, but ok.
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