Quoted from frolic:On the tv show "Bar Rescue" they say 6,500 bars close in America every year.
I don't think it is the bar business, it is just that they are mismanaged and fail. Someone else will come along and try. It's not like eventually there will be no bars.
On all these bar-closings stats... is that a net figure? Does that take into account each new bar/pub that is opening? If 6500 close while another 6500 open, what's the problem?
That said, I have read in multiple venues about the contraction of the pub industry in the UK, so there is definitely some substance in those stories.