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Reply to "Went to Five Guys and guess what I paid (inflation)"
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[quote=Anonymous][quote=Anonymous]Hello! Would love to hear from an actual finance DCUMer. Is there concern the restaurant industry is headed for a collapse? Did restaurants bounce back from covid by pivoting to all the takeout (after being clobbered when covid started), but now food price inflation plus staffing issues mean another crisis is ahead? I’m genuinely curious. - DCUMer without a dog in this fight [/quote] Not a finance DCUMer but my husband's family owns delis in the DC area for 60 years. Thankfully, his was a lot of take out before the pandemic so once they could re-open, they've been busy. He says staffing was a problem before the pandemic and just more difficult now. He shops mostly with Sysco and Restaurant Depot and says the most difficult thing is the pace of price increases and wild swings - a box of tomatoes that cost $28 a few months ago and stayed in the $24 = $32 range might be $72 this week. Huge spikes have been happening with tomatoes, eggs and some meats. Also says there are times when you just can't get something like weeks without platter to-go containers. All of this makes it harder to plan for.[/quote]
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