i track restaurant prices. i am a bloomberg food critic. i am ryan sutton.
Catching Elephant is a theme by Andy Taylor
Consumers, who have generally cut back on the number of meals out since the recession began, are benefiting from the proliferation of zombies. Healthy and failing restaurants alike have been forced to discount relentlessly to lure diners. But for the restaurants, particularly small independent operators, the competition from the undead is a nightmare that just won’t end.
The New York Times pens an intriguing article about so-called “zombie restaurants,” bankrupt chains like Friendly’s and Chevys that are ambling on at a discount. What the article doesn’t address, and what we at The Price Hike would be keen to learn, is how long these zombies can continue cutting prices in a world of rampant global food inflation. Analysts expect overall prices at chain restaurants to go up in 2012.
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barelyeducated reblogged this from davidroy and added:
“Leave it to country music legend Toby Keith to create a restaurant that offers great food and the best live music in...
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davidroy reblogged this from maura and added:
restaurant chain called TOBY KEITH’S...LOVE THIS BAR AND GRILL. Wha?!?
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maura reblogged this from pricehike and added:
zombie chain restaurants! With...bonus digression on
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