After years of offering steep discounts, restaurant operators are boosting menu prices ever so slightly in a bid to wean struggling consumers from the deals that have convinced them to part with their hard-earned dollars.In first-quarter earnings reports and conference calls over recent weeks, several chains have outlined strategies for raising prices both to offset operating costs and to increase average checks.P.F. Chang’s China Bistro Inc. said it is planning a price increase of 1 percent ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?