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re: Raising Canes might want to think about there prices
Posted on 4/29/09 at 4:56 am to treyk89
Posted on 4/29/09 at 4:56 am to treyk89
Why is it that you guys don't complain about every other restaurant on earth raising prices over time? Guess what? Things get more expensive over time. Maybe Cane's actually surveyed customers (something most restaurants spend the money to do) and determined that they'd rather have a finger less food than 7 fingers for way more money.
And, judging by the amount of business they still get despite 4 people on this board not heading over there, I think they are doing fine.
Me personally, it's good every now and then, just like every other fast food restaurant. You get what you pay for, it's better than McDonald's, and I like that. Otherwise, if the $7 is breaking you, you shouldn't be eating out in the first place.
And, judging by the amount of business they still get despite 4 people on this board not heading over there, I think they are doing fine.
Me personally, it's good every now and then, just like every other fast food restaurant. You get what you pay for, it's better than McDonald's, and I like that. Otherwise, if the $7 is breaking you, you shouldn't be eating out in the first place.
3
Posted on 4/29/09 at 7:08 am to DrEdgeLSU
quote:
Why is it that you guys don't complain about every other restaurant on earth raising prices over time?
First Raising Cains is NOT a restaurant.
Second they RAISED prices AND cut the quantity.. I seriously doubt any dumb frick survey showed that customers would just love to pay more for less.
THIRD they not only cut quantity but they also cut the QUALITY of the product.
Its a problem when $7 dollars can get you a meal at Chilis over Cains which is a much better place and actually is a restaurant and not just FAST FOOD.
This post was edited on 4/29/09 at 7:09 am
Posted on 4/29/09 at 7:13 am to DrEdgeLSU
i really don't have a dog in this hunt and like cane's myself ... yes, the cost of food in general has gone up over the last five or so years .. but cane's has been ahead of the curve relative to the percentage of increase ... but, it is called "what the market will bear" and apparently todd graves' market is bearing this just fine .. he's opening stores nationally faster than home depot now ... the only thing that really stands out in the minds of a lot of people is the fact that the caniac has one fewer piece and has gone up considerably .. it is like mcdonald's taking one patty off of the big mac and charging $2 more for it .. kinda one of those "whoa, hold on" moments there ..
Posted on 4/29/09 at 7:20 am to TigahRag
My only problem with them is that their executive publishes in a magazine that they raised prices and there were no complaints about it so they didnt see any issue with it. Yet all I see is people complain about them raising prices and cutting quality and quantity.. Did they put a suggestion box in Alaska?
Posted on 4/29/09 at 7:21 am to Catman88
you really wouldn't expect him to say "we raised our prices, everyone complained, but we did it anyway" would you ??
Posted on 4/29/09 at 7:36 am to TigahRag
No I would expect him not to say anything rather than go on the record with a lie.
Posted on 4/29/09 at 7:44 am to Catman88
since this thread is still kicking, i will make this point again:
Chicken plants in the US are either closing or losing money because the cost of chicken has hit rock bottom. Yet, Cain's raises profits, cuts quanity (even fries, the highest profit margain), and quality gets worse.
Chicken plants in the US are either closing or losing money because the cost of chicken has hit rock bottom. Yet, Cain's raises profits, cuts quanity (even fries, the highest profit margain), and quality gets worse.
Posted on 4/29/09 at 8:58 am to Catman88
quote:
First Raising Cains is NOT a restaurant.
Yes, chieftain, it is.
Go look up the definition of restaurant.
quote:
Its a problem when $7 dollars can get you a meal at Chilis over Cains which is a much better place and actually is a restaurant and not just FAST FOOD.
You do realize that Chili's is not a competitor of Cane's, right? People that are in a hurry and don't want to get out of the car aren't deciding between Cane's and Chili's.
Posted on 4/29/09 at 9:04 am to DrEdgeLSU
I meant that its not a restaurant in the fact that its a fast food chain. People rarely call Burger King a restaurant even though it fits the definition.
You cannot have someone bring the food to your car at Chilis? Funny I have done this before.. Hell the location on College Dr even has a drive through. The food even comes out faster than at Canes.
quote:
People that are in a hurry and don't want to get out of the car aren't deciding between Cane's and Chili's
You cannot have someone bring the food to your car at Chilis? Funny I have done this before.. Hell the location on College Dr even has a drive through. The food even comes out faster than at Canes.
Posted on 4/29/09 at 9:10 am to DrEdgeLSU
quote:
People that are in a hurry and don't want to get out of the car aren't deciding between Cane's and Chili's.
i disagree with this. With Chilis curbside pickup you can pull right up and they will hand you foo and you can hand them the money and drive home. Whats the difference. I don't know a lot of people that actually eat canes in the car anyways.
Posted on 4/29/09 at 9:46 am to cbtullis
Personally, I think Cane's only has another 5-10 years in it...unless they expand their menu.
They won't be able to justify the price hikes. Right now it's what...around $8.00 for the #1 and you get 4 chicken fingers, an assload of fries,Texas Toast, Coleslaw and a drink. People wont be willing to pay $10 for the same stuff.
They won't be able to justify the price hikes. Right now it's what...around $8.00 for the #1 and you get 4 chicken fingers, an assload of fries,Texas Toast, Coleslaw and a drink. People wont be willing to pay $10 for the same stuff.
Posted on 4/29/09 at 10:07 am to DrEdgeLSU
quote:
Why is it that you guys don't complain about every other restaurant on earth raising prices over time? Guess what? Things get more expensive over time. Maybe Cane's actually surveyed customers (something most restaurants spend the money to do) and determined that they'd rather have a finger less food than 7 fingers for way more money.
Really? who would want to pay more for less. That's the dumbest thing I've ever heard.
Posted on 4/29/09 at 10:19 am to treyk89
On the very few occasions that I actually go to Cane's now, I've stopped getting the combos. I'll just custom-make what I want. 3 or 4 fingers, 2 toast, 1 sauce usually does me well. I usually take it home anyway, so I'll just get a drink at the house. They always pack it full of ice anyway.
Posted on 4/29/09 at 11:06 am to Daygo85
Great Point:
Great Answer:
However, Its a damn shame. I used to be so proud to have Baton Rouge be the home of such a great place like Raising Canes. But that place is just not the same anymore. Now that Todd Graves is holding the puppet strings from Dallas, I am confident that quality is going to suffer more and prices will get higher. And he has the right to do so. However, Its a damn shame!
quote:
Chicken plants in the US are either closing or losing money because the cost of chicken has hit rock bottom. Yet, Cain's raises profits, cuts quanity (even fries, the highest profit margain), and quality gets worse.
Great Answer:
quote:
You make a very valid point. They can raise their prices and I can stay away. God Bless America.
However, Its a damn shame. I used to be so proud to have Baton Rouge be the home of such a great place like Raising Canes. But that place is just not the same anymore. Now that Todd Graves is holding the puppet strings from Dallas, I am confident that quality is going to suffer more and prices will get higher. And he has the right to do so. However, Its a damn shame!
Posted on 4/29/09 at 12:47 pm to DaddyFrogLegs
quote:I think Todd commutes and spends a few days a week in Dallas and a few in Baton Rouge. The reason he stated for moving operations to Dallas was that he couldn't find good 'top execs' to hire in BR. He tried for a good while to hire a legit CFO, but couldn't. Executive talent pool in the restaurant industry was the main driver. Some of the operations group is still here in BR.
However, Its a damn shame. I used to be so proud to have Baton Rouge be the home of such a great place like Raising Canes. But that place is just not the same anymore. Now that Todd Graves is holding the puppet strings from Dallas, I am confident that quality is going to suffer more and prices will get higher. And he has the right to do so. However, Its a damn shame!
Posted on 4/29/09 at 1:02 pm to ehidal1
i bet todd graves is reading this thread on his 800" computer monitor while sitting on his chinchilla fur lined recliner and having strippers feed him grapes and other goodies...
Posted on 4/29/09 at 1:24 pm to ehidal1
quote:
The reason he stated for moving operations to Dallas was that he couldn't find good 'top execs' to hire in BR. He tried for a good while to hire a legit CFO, but couldn't. Executive talent pool in the restaurant industry was the main driver.
I have heard this arguement before and I am sorry, I just don't buy it!
Posted on 4/29/09 at 1:31 pm to DaddyFrogLegs
YOu will see the reason Todd moved Canes to Dallas in a couple of years when he sells it.
Posted on 4/29/09 at 1:45 pm to DaddyFrogLegs
quote:
I have heard this arguement before and I am sorry, I just don't buy it!
i agree. because people move for that kind of money.
Posted on 4/29/09 at 1:54 pm to cbtullis
quote:
YOu will see the reason Todd moved Canes to Dallas in a couple of years when he sells it.
Graves thinks he is being smart, overextending the concept and planning to sell before he feels the backlash. The problem is, the economy sucks right now, so anyone who might have been suckered into buying an overextended franchise 6 years ago is going to be a lot more leery about doing so.
Graves is screwed for the long haul. Well maybe not screwed, the man will always have money. I guess I should say Cane's is screwed.
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