Philly Cheesesteak Icon Considers Market Pricing as Beef Costs Surge 12%
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最新报道：Philly cheesesteak icon Pat's King of Steaks is considering market pricing for its signature sandwiches as beef costs surge. The Philadelphia landmark, known for its fixed-price menu since 1930, may adjust prices daily based on fluctuating meat expenses. Owner Frank Olivieri Jr. cited a 12% increase in beef prices over the past year, squeezing profit margins at the cash-only establishment. The potential shift comes as restaurants nationwide grapple with rising food costs, particularly for beef which has seen significant inflation. Pat's currently charges $13 for its classic cheesesteak, but may implement variable pricing to maintain quality without drastic menu price hikes.
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