BELOW SUPERNAV drop zone ⇩

Restaurants adding surcharges amid rising prices

MAIN AREA TOP drop zone ⇩

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

(NewsNation) — If you’ve been out to eat recently, you may have noticed an extra fee — or few — as restaurants tack surcharges onto customers’ bills to offset rising food and other costs.

America has already been struggling with record-high inflation, affecting prices on everything from fuel to food. To combat surging prices and keep menu prices competitive, a number of restaurants have been adding service charges to the cost of a meal. There’s been a more than 36% increase in the number of restaurants adding these kinds of fees.

For example, at Romano’s Macaroni Grill, customers are being charged a $2 temporary fee. Some restaurants use different names for these charges: supply chain surcharge, a kitchen appreciation fee or even a fuel surcharge.

And with MasterCard and Visa raising transaction fees earlier this year, another $1.2 billion is being paid by business owners. Some businesses are passing that so-called swipe fee, postponed by the companies last year because of the pandemic, along to customers with a non-cash adjustment charge.

Troy Reding, president of Ally Restaurants LLC, says some people do complain about these extra charges — but most don’t.

“A lot of people are supportive, especially since we talked about what our benefits are,” Reding said. These include full coverage of mental health benefits for all employees at his restaurants and their families.

These fees help to cover these benefits, which in turn helps Reding’s restaurants stay competitive at a time when businesses are still struggling with the effects of the COVID pandemic.

“We’re not even in the stage of playing catch-up yet. We are still trying to break even at one of our restaurants,” Reding said. “Due to rising costs and the supply chain issues and the labor shortages, the costs are increasing quicker than we could possibly raise prices.”

Business

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Fog

la

56°F Fog Feels like 56°
Wind
2 mph SSE
Humidity
87%
Sunrise
Sunset

Tonight

Foggy. Low 51F. Winds light and variable.
51°F Foggy. Low 51F. Winds light and variable.
Wind
2 mph E
Precip
14%
Sunset
Moon Phase
Waning Crescent