M-P

Restaurant Profits Eaten Up by Recession

I'm amazed at all the restaurant coupons I've been getting lately - BOGO's, 1/2 off, $5 off, etc. It's clearly a lagging indicator, but is telling in terms of how much they are hurting. I'm also seeing a lot more early-bird specials. At the end of the day, restaurant food is often overpriced and the food at the top restaurants is just not that much better than the value-priced restaurants - I know - I've done the "experiment" many times. I'm often dissappointed in the better restaurants - they rarely live up to the billing - tangible and intangible.