• Ask KP
  • Posts
  • Are you ready for higher menu prices?

Are you ready for higher menu prices?

Man in Cafe

The conversations inside restaurants are not ‘if‘ but ‘how much‘ to raise menu prices to accommodate the increase in wages post-COVID. Price hikes are a sure-thing. Are consumers okay with this?

#restaurantmarketing #COVID #minimumwage

Man in Cafe

Higher Wages, Higher Menu Prices: Realities of a Post-COVID Restaurant World

BTIG analyst Peter Saleh prescribed to a popular narrative. That an industry-wide labor shortage is the result of high unemployment income, and people electing to wait out extended benefits instead of getting back to work. But he wanted to be sure. So Saleh surveyed 300 unemployed people and asked…

Are you ready for higher menu prices? appeared first at keithparnell dot com