Power lunches, once a staple of American business culture epitomized by the 'three Martini lunch', have seen a significant decline. Originating from the 1950s with the advent of credit cards, the term 'power lunch' was popularized in the late 1970s to describe influential business meetings at upscale restaurants. However, the trend has diminished due to the rise of remote work and the pandemic, as well as urban sprawl making restaurant travel less convenient. In contrast, some European cities still enjoy business lunches, albeit with less alcohol consumption.
"The term 'power lunch' was coined in an article by Lee Eisenberg... to describe the number of powerful business people who dined at The Four Seasons restaurant in New York City."
"Today power lunches are not nearly as much a part of doing business in most American cities as in New York and New Orleans, not least because sprawling cities like Los Angeles... are too spread out for people to drive to a restaurant."
"During the Covid epidemic the business lunch was effectively eliminated everywhere, and, with so many employees working at home, has still not returned to its former vigor."
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