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re: All of the sudden, the restaurant industry seems to be spiraling downward
Posted on 10/3/16 at 6:46 pm to GreatLakesTiger24
Posted on 10/3/16 at 6:46 pm to GreatLakesTiger24
I say prices are still generally inflated. Not just on the meal ticket but the vendor ticket as well.
0
Posted on 10/3/16 at 6:54 pm to HailHailtoMichigan!
They're constantly raising prices and lowering quantities/quality of food. These cost cutting methods are pissing a lot of people off, so it's not surprising. A family of 4, making $50K a year with one income makes it tough for a family to enjoy a night out.
Posted on 10/3/16 at 7:01 pm to goldennugget
Who lives in Seattle and vacations in Tejas?
Posted on 10/3/16 at 7:03 pm to HailHailtoMichigan!
Now imagine how much more people would be willing to spend if they didn't feel obligated to tip?
Posted on 10/3/16 at 7:09 pm to kingbob
restaurant scene has been growing yearly here.
Posted on 10/3/16 at 7:10 pm to Deactived
quote:
You laugh but going to the grocery is cheaper and that is not debatable
is it really
for a single person ?
Posted on 10/3/16 at 7:13 pm to goldennugget
quote:
frick restaurants. I cook my own food. Cheaper and better.
To hell with these Seattle restaurants. I've voluntarily been to one since i moved here. $20 for a pizza the size of a frisbee. No thanks. We go out to places for work lunches and i dont have to pay. But its ridiculous how overpriced it is. Went to some Mexican place last week and my 2 enchiladas with rice and beans was $19. I can make a whole casserole dish of enchiladas at home for less than that
Too many restaurants are overpriced for what you get. I'm in Texas on vacation right now. Went to Waffle House yesterday and got a lot of food for $9. They have it right.
When I was in Seattle they had a sushi restaurant that had something like half priced food after 10 PM. I think it was Japonessa. Maybe you can try just eating really late? Hope this helps.
Posted on 10/3/16 at 7:17 pm to HailHailtoMichigan!
Restaurants used to be significantly cheaper. I remember when appetizers were much less expensive than entrees. Weird, I know.
Went to the mall and on a whim we decided to eat lunch at a burger place there. Over $45 for three people and we didn't even order alcohol. Ridiculous.
Over the past 10-15 years prices have skyrocketed and plates have shrunk. Let them fail. It's gotten to the point where I'd rather stay in...
Went to the mall and on a whim we decided to eat lunch at a burger place there. Over $45 for three people and we didn't even order alcohol. Ridiculous.
Over the past 10-15 years prices have skyrocketed and plates have shrunk. Let them fail. It's gotten to the point where I'd rather stay in...
Posted on 10/3/16 at 7:24 pm to EmperorGout
LINK
Eta: article is about a year old.
quote:
According to the Bureau of Labor Statistics, the “food at home” category saw prices increase just 0.3% for the 12-month period ending in November 2015. Prices for many grocery staples, including milk, coffee, beef, ham, cheese, and chicken have actually fallen during this time span.
Yet as the restaurant-focused publication Burger Business pointed out, inflation for the “food away from home” category—a.k.a. restaurants—hit 2.7% over the same period. In many cases, restaurants are increasing prices on items made with ingredients that have gotten significantly cheaper. “Supermarket prices for key items such as ground beef and cheese are down—both declining by 3.3% over the past year—while restaurant prices for cheeseburgers may be up,”
Eta: article is about a year old.
This post was edited on 10/3/16 at 7:25 pm
Posted on 10/3/16 at 7:25 pm to EmperorGout
quote:
Over the past 10-15 years prices have skyrocketed and plates have shrunk. Let them fail. It's gotten to the point where I'd rather stay in...
Talking heads are saying food deflation is causing many people to eat in. It's cheaper, and even as restaurants have recently taken price, they aren't passing on the savings. The minimal growth some have seen has been due to price increases, with traffic being down. Now lots of them are actually reporting shrinking sales. Bad.
Of course, the experts also expected restaurants to boom due to low oil prices, but mostly the opposite has happened, except for a few winners like $DPZ (Domino's Awful Pizza remaining a complete mystery to me). Wage inflation and Obamacare have also contributed to higher prices at restaurants.
Posted on 10/3/16 at 7:53 pm to Spock's Eyebrow
quote:
Talking heads are saying food deflation is causing many people to eat in.
I've seen tv spots, perhaps Rouses, in New Orleans advertising (or promoting rather) the take your sack lunch to work message. Perhaps the local grocery industry is paying attention. And manipulating our minds to reassess the sticker price on that $20 pizza.
I wish there was middle ground, but last time I negotiated prime rib down a few bucks off menu price, I noticed the Maitre d' cutting glances at me from the kitchen, and power thrusting a stack of plates as I took the first bite.
Posted on 10/3/16 at 8:08 pm to geauxchaz
I would like to take the family out to eat more often but when you pay $75-$100 for a casual dinner for two adults and two kids makes it tough. And that's with one kids meal and maybe one beer and one glass of wine.
Posted on 10/3/16 at 8:13 pm to ellishughtiger
quote:
Who lives in Seattle and vacations in Tejas
People generally vacation away from where they live. What is he supposed to do - go visit the Space Needle for his family getaway?
Posted on 10/3/16 at 8:18 pm to GreatLakesTiger24
quote:
shite poor people say
No, it isn't.
It's what you say if you don't like throwing away money on overpriced crap. Not that hard to understand.
Posted on 10/3/16 at 8:18 pm to notiger1997
I've seen similar stories saying it's the generation of instant gratification and don't have time to wait
The fast casual is at an all time high because of this.
Younger people ain't got time to go sit and not be on their phones for a nice dinner
The fast casual is at an all time high because of this.
Younger people ain't got time to go sit and not be on their phones for a nice dinner
Posted on 10/3/16 at 8:45 pm to ellishughtiger
I live in Seattle and the restaurant scene is huge here. I typically try different happy hours around town. It's a cheap alternative.
Posted on 10/3/16 at 8:48 pm to Boo Krewe
quote:
is it really
for a single person ?
yes. assuming you have a freezer, fridge, and a kitchen, going to the grocery is cheaper.
with the amount of recipes, instructional videos, etc online, cooking on a budget is not hard
Posted on 10/3/16 at 9:01 pm to Deactived
It's easy for single guys to go out all the time. I prefer cooking as well. It comes down to understanding how much of a profit/margin restaurants are making off me, is what gets to me the most.
Posted on 10/3/16 at 9:09 pm to goldennugget
quote:
To hell with these Seattle restaurants.
Do you stand in line for a $8 cup of Starbucks coffee? You guys single handedly ruined America with that overpriced SJW crap so what do you expect?
Posted on 10/3/16 at 9:21 pm to Breauxsif
The profit is very, very low for an average meal, especially if you don't get a soft or alcoholic drink.
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