facebook pixal
Marketing

Fine dining may not be immune to inflation pressures after all

In New York, one restaurant promotes ‘bargain’ pricing with a $99 porterhouse for two. Will we see more value positioning in high-end restaurants?
Old Homestead's porterhouse for two was $155, but is now available for $99 for a limited time./Photograph courtesy of Old Homestead.

This Premium Content is only available to rb+ Subscribers

Continue reading with one of the options below

or Subscribe

Restaurant Business Exclusive Content

Financing

Low-income consumers were hit hard this summer, but gas prices are helping

The Bottom Line: Several restaurant chains have indicated challenges with lower-income consumers as inflation has increased. But lower gas prices are making things better.

Leadership

Brinker CEO Kevin Hochman wants to make Chili’s fun again

He’s spent his first months on the job asking field-level staff and even suppliers what the brand should do differently. It's resulted in an avalanche of fresh ideas.

Operations

The nation is mobilizing to battle hunger. Where are the restaurants?

The White House Conference on Hunger, Nutrition and Health was largely missing a key participant: the restaurant industry.