Inflation and Value
Danny discusses the unique challenges posed by inflation, emphasizing that while raising prices may feel uncomfortable, it’s necessary for sustainability in the restaurant business. He highlights how increased menu prices have led to higher earnings for tipped employees, ultimately benefiting the workforce. The conversation also touches on the unexpected shifts in supplier relationships and the need for restaurants to adapt to a rapidly changing economic landscape.In this clip
From this podcast
Masters of Scale
Rapid Response: How Covid lessons get tested by inflation, w/Shake Shack founder Danny Meyer
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