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Haven't seen price cuts. While it's hard to quantify, at places whose menus offer the possibility there may be a trend toward using less expensive ingredients and pricing the dishes accordingly -- cutting back on the foie gras, for example, or offering it as a supplement.
Sommelier friends tell me that sales of high-end bottles have nose-dived.
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Haven't noticed price slashes anywhere, but heard about the Taverne Crescent doing a "pay what you want" promo deal for lunch - not sure about dinner and no idea what the food is like.
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re: afoodyear
Taverne Crescent started the special in Oct or Nov, when the sky was falling in the U.S. and according to the Bank of Canada we were just entering a recession here.
To echo everyone else, I haven't noticed prices being cut, nevermind 'slashed' at other restos.
In fact, the prices of many products on the grocery shelves went up late last year - a very strange move. But I think it was already planned long-term seeing as it came as the end of a year of almost imperceptibly making same product servings smaller.
The big food companies are getting greedy, iwo.
Hmmm, what sewered the global economy again?
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i don't know about restaurants slashing their prices but i've noticed quite a few places have gotten a bit more expensive in the last year
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re: Gontran
The restaurants that are staying afloat in a bad economy are not lowering their prices, imo... they try to attract the clientele with consistent quality and good service.
I could see a chain restaurant advertising a price reduction on a popular item; in an upscale privately owned restaurant, I can't see that happening.
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