All The Economist has to do (see previous post) is read the press. Here are a couple of relevant items. What’s bad for restaurants is good for Kraft Foods. Its sales of all those packaged foods are growing. That’s what people are eating instead of going out, apparently. Next, the parent company of two restaurant chains–Bennigan’s and Steak & Ale–in the “casual dining” sector filed for bankruptcy. Why? Higher food costs and fewer casual diners. And McDonald’s is about to give up its popular dollar menu. I suppose there could be an upside to this, but I’m dubious. You think so? Go tell The Economist.
Next public appearance
This is the rescheduling of the lecture I was supposed to give on October 10. The taxi driver went through red light at entrance to the Pulaski, was pulled over and found to be driving without a license. We never made it. The lecture is on food politics. It starts at 6:00. Free and open to the public. The Newark Museum is at 49 Washington Street. This time, I’ll take the PATH.