He shared his frustration in a Facebook post at having to put meal prices up, as inflation reaches its highest level since 2008. 'Everyone is looking to offset higher transportation costs, higher labor costs and higher input costs,' said Bloomberg Intelligence analyst Jennifer Bartashus. At TGI Friday's, pork prices are putting pressure on their bottom line, CEO Ray Blanchette told Bloomberg earlier this month. 'Commodity and labor costs have got upward pressure on them right now,' chief executive John Peyton said. Mike Salguero, chief executive of online subscription meat company ButcherBox.com, told the Washington Post 'the best antidote for high prices is high prices.

Source: Daily Mail May 30, 2021 13:52 UTC