Saturday, 7 November 2026

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‘Don’t spend $20 on an acai bowl’: gen Z are shunning private equity’s restaurant takeover

As more PE firms invest in food establishments, people are bemoaning the ‘same-ification’ of NYC’s restaurant sceneLos Tacos No 1 is a classic New York success story. After the Mexican-style taco joint opened in 2013, it quickly became a critic’s pick in the city’s paper of record, drawing long lines and a devoted lunchtime crowd. As word spread about its…

As more PE firms invest in food establishments, people are bemoaning the ‘same-ification’ of NYC’s restaurant sceneLos Tacos No 1 is a classic New York success story. After the Mexican-style taco joint opened in 2013, it quickly became a critic’s pick in the city’s paper of record, drawing long lines and a devoted lunchtime crowd. As word spread about its…

Read the full story on Business | The Guardian

Read the full story on Business | The Guardian

Source: Business | The Guardian

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