Inflation Alleviation: How Cool Heads Beat the Heat of Higher Prices
If you can’t stand the heat, get out of the kitchen — or keep your cool and get creative. That’s what major restaurant chains are finding as prices soar along with the temperature this summer.
Many restaurant brands are busy rustling up special deals and value offers that position them favorably in an economic landscape where inflation has driven prices higher at grocery stores than restaurants. A “TODAY” show segment cites U.S. Department of Labor statistics showing that grocery prices rose over 13% in July compared with a year ago, while prices at restaurants rose only 7.6% during the same time.
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