Quick Service Restaurants Attract Wealthy Individuals
The American Express Business Insights say that there was a big change among most wealthy Americans when it comes to food spending. These people have been reported to prefer eating or taking out food from most quick service restaurants. For them, it is one way of spending less from good and quality food. Anyway, those saved cash may only go to their usual luxury moments. It has been recorded that a 4 percent increase in fast food spending among American Express’ rich customers and a 4 percent decrease on casual dining. Even the rich look for ways to refrain from spending too much caused by the recession.
Excerpts:
“When it comes to cutting back, the rich are learning a little secret the rest of us have always known: fast-food is cheap and good (if not good for you).”
“Riviere says they order take out most evenings instead of dining out in order to save some extra money for luxury goods.”
Original article can be found at:
http://money.cnn.com/2011/02/28/pf/wealthy_fast_food/index.htm
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