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Grub Street

Edited by Josh Ozersky with Daniel Maurer

All Posts Tagged: ‘recession’

NewsFeed 

7/16/08

2:30 PM

How a Bistro Stays Open in Tough Times

paris commune

Paris Commune: still in business, and it's no accident.Photo: Shana Ravindra

When costs get out of control, what’s a restaurant to do? If they raise the prices too much on menu items, people will get turned off. If they hire a cheaper chef, the food will be bad. The key is to trim around the edges, as Financial Week explains in the case of the good but not wildly busy West Village restaurant Paris Commune. The restaurant reduces cleaning costs by laying butcher paper over tablecloths, avoids a 66 percent increase in the cost of bread by serving rolls by request only, cuts back on sauces made from cream (up 45 percent), and saves energy by searing fish instead of roasting it. It's a compendium of some of the unseen measures that can add up to the difference between survival and closure in a tight economy. Many of the cuts are explained in the accompanying slideshow.

Bistronomics 101 [Financial Week]

NewsFeed 

5/15/08

1:00 PM

Higher Food Costs Are Literally a Buzz Kill

alcohol

Get used to it.Photo: iStockphoto

WalletPop alerts us to ten “sneaky restaurant tricks” to look out for as food costs rise and restaurateurs cut corners to avoid hiking up the prices on their menus. Nothing really surprising here: We’re apt to see smaller portions, less expensive ingredients (one analyst foresees a resurgence of liver and onions — which means we’ll just have to spend more money on Altoids), less fresh produce, generic brands, the pushing of high-profit-margin entrées like pasta, and (gasp!) weaker pours of liquor:
In the United Kingdom pubs must sell liquor in 25 ml or 35 ml servings and have bar gadgets that pour exactly that amount. Maybe they'll start becoming a common sight in the U.S., too.

In fact, maybe we’ll have robots for bartenders and we wouldn’t be able to hook up with them at the end of the night, and, and… Oh, this is going to be bad.

Sneaky restaurant tricks: Ten to watch out for [WalletPop]

Mediavore 

4/28/08

10:00 AM

What the Candidates Will Be Drinking in Kentucky; Judge to Make the Call on Union Square Plans Today

• A primer to the bourbons the presidential candidates will have to drink to impress voters in Kentucky. [WSJ]

• Mars Inc. is buying Wrigley; will Orbit gum now come with an M&M candy shell? [WSJ]

• A judge will decide today whether construction on the north end of Union Square, including the creation of a proposed new restaurant, can continue. [NYS]

Read more»

Mediavore 

3/31/08

10:00 AM

Shake Shack Serves Top Dog; Burger King to Open Whopper Bars

• It may not be as great as Chicago’s Wiener’s Circle, but Shake Shack serves up the best hot dog in these parts. [WSJ]

• Michael Psilakis estimates that the new Kefi on Columbus Avenue will open in August and focus more on healthy eating. [Mouthing Off/Food & Wine]

• Jeffrey Chodorow might be opening a restaurant in the Dominican Republic. Maybe the critics will be kinder to him there. [NYP]

Read more»

Mediavore 

2/26/08

10:00 AM

Starbucks Closes for Training, Dunkin' Hopes to Benefit; Late-Night Eating Not Good for You

Every Starbucks location in the country will be closed from 5:30 to 8:30 this evening, and Dunkin’ Donuts is sure to reap the benefits by offering small espresso drinks for 99 cents. [Snack]

Though restaurants seem to be recession-proof, consumers’ budgets and diets are not. Soaring food prices — milk costs 36 percent more now than it did a year ago — have some New Yorkers changing their grocery habits and eating out less. [NYDN]

Mayor Bloomberg and City Council Speaker Christine Quinn announced a proposal yesterday to give 1,000 new licenses to street vendors who will sell produce items in neighborhoods with high rates of obesity and heart disease. [Metro NY]

Read more»

Mediavore 

2/20/08

10:00 AM

A Recession-Proof Restaurant Scene?; Death & Co. Owner Disgusted by Hassles

With all the exciting new restaurants opening in town, you’d never know there’s talk of a recession. But Frank Bruni figures anything opening now was planned a few years ago in better economic times, which makes us worry about restaurant openings in 2010. [NYT]

Death & Co. can continue to operate until mid-April, but don’t expect owner David Kaplan to produce any more nightlife destinations after that: “I’ll never open another bar, another restaurant, a deli, a fucking bodega — I’ll never open up anything ever again in New York.” [NYO]

The current cocktail craze has led to a lot of handmade – and therefore illegal – ingredients being mixed into drinks. Marijuana-infused gin, anyone? [NYP]

Read more»

 

 

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