Originally Posted by
Visconti
We'll see. Ultimately, the restaurants given their razor thin margins must necessarily pass-through to costs to diners in the form of higher prices. While I haven't noticed (admittedly, haven't really paid attention), have you guys/gals noticed that any broad increase in restaurant prices?
Other than Chipotle announcing price increases in order to pay higher wages, I haven't seen anything...yet. But I recently moved from Chicago to the suburbs and am still surprised that restaurant prices are so much higher out here. I guess less competition. I suspect most restaurant owners are holding off on raising prices if they're able, thinking that the market will return to normal as people start needing entry level jobs again.