The Oregonian has an interesting article (broken link now) on the problems restaurants are having in our slower economy, which parallels a report I heard last week on NPR’s Marketplace-
Losses aren’t necessarily expected across the table. Most industry experts say the hardest-hit will be restaurants where a family of four can cover dinner, drinks and a tip for between $50 and $74. Fast-food places, which could pick up some of those customers, may fare slightly better, along with higher-end white-tablecloth establishments with customers less rattled by higher prices.
Just as airlines are adding on fees, so are restaurant suppliers. Nicky USA, Pacific Coast Produce, Creative Growers, and Pacific Seafood among others are now charging a fuel surcharge on top of their regular food prices, which have also skyrocketed. Minimum wage will be going up soon, which will further hit restaurant bottom lines.
The whole situation got me wondering; if I owned a restaurant, what would I do to cut costs? Out of curiosity, I decided to run a poll asking you that question. It’s in the sidebar. Hope you take time to add your .02.