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Restaurants are under threat as costs skyrocket and consumers cut back

Restaurants are under threat as costs skyrocket and consumers cut back
business • 8/10/2025

It’s not just beef that has gotten more expensive. The prices of other restaurant staples like coffee, eggs and cocoa have also ratcheted higher at various points this year.

Food & drink See all topics Follow Ike’s Chili in Tulsa, Oklahoma, has been around for 117 years, surviving a myriad of challenges like the Great Depression, the Covid-19 pandemic and a once-in-a-generation burst of inflation. But 2025 already holds ... [6619 chars]