Food Inflation
We're starting to see inflation in basic food costs really take a bite out of our regular eating spots. At two places where we interact with the owner/operator, they've been apologetic about price increases.
Naturally, this seems worse for the cheaper places where they had smaller margins to begin with and can't absorb the price increases.
It mostly comes back to oil and I wonder how many restaurants are taking the double whammy of fewer customers and higher costs and then giving up the fight?