“Inflation has broken the levy wall of low prices at QSRs,” said the restaurant consultant Tim Powell, referencing the industry term for “quick-service restaurants.”
According to industry consultant Tim Powell, principal of Foodservice IP in Chicago. “Effectively, the c-store gets traffic for its store and receives rent from the QSR,” he said.
Tim Powell still remembers when he was younger and a Starbucks finally opened near his hometown in Ohio. “We were so happy. We were like I didn’t care it was like 30 minutes.”