New Menus Next Year Equals Price Hikes At Restaurants

Beef may not be what’s for dinner at your favorite restaurant come 2009

Restaurants, now working to secure supply and price contracts for meat and other commodities for the upcoming year, are expecting big increases in food costs - increases that will likely lead to menu changes and price hikes.

Some chains are already adjusting their menus to reflect current high costs for both beef and chicken. CKE Restaurants Inc., 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 and replaced them with Jumbo Chili Dogs and Hot Ham ‘N’ Cheese Sandwiches to avoid selling pricey beef at a lower priceNew York, NY — Restaurants are expecting big increases in food costs, increases that will likely lead to menu changes and price hikes.

New Menus Next Year Equals Price Hikes At Restaurants

Post a Comment

Business blogs Top Blogs Blog Directory Directory of Business Blogs Blog Directory -->