Restaurants may change menus, hike prices in 2009
Advertisement
Text size: small | medium | large
Associated Press
Published: October 13, 2008
Restaurants are expecting big increases in food costs, increases that will likely lead to menu changes and price hikes.
Most restaurants are now working to secure supply and price contracts for meat and other commodities for the upcoming year. Some chains are already adjusting their menus to reflect current high costs for both beef and chicken.
CKE Restaurants, which operates the Hardee’s and Carl’s Jr. chains, stopped offering Double Cheeseburgers in its 2 for $3 promotion at the end of August. It replaced them with Jumbo Chili Dogs and Hot Ham ‘N’ Cheese Sandwiches to avoid selling pricey beef at a lower price.
The National Restaurant Association says beef and veal costs have gone up about 19 percent, with processed chicken up about 3.5 percent.
Post a Comment
The commenting period has ended or commenting has been deactivated for this article.
Can't find what you're looking for? Try our quick search:
