Label's Table: Big Price Increase
I have been a big proponent of Label's Table on Pico for a long time on this board. I recommended them as serving a top-notch pastrami sandwich for a bargain price. And for a very long time it was: Regular deli sandwiches for about $8.50 and a daily special for a buck less.
Then when I was in about a month ago, prices were up to $9.95 (and $8.95). But today I went in and regular sandwiches were up to $11.95. They are now including a small side of industry potato salad or cole slaw, as well as their good pickles. This is no longer a bargain, especially considering the counter service, though their sandwiches are still very good. (I like to order my pastrami or brisket there "fatty" or "moist.")
Just wanted to warn fellow hounds, as I have been touting them so regularly for so long. There is still a Groupon available, which will lessen the hurt quite a bit.
Label's is not operating in a vacuum. They are subject to the all time high beef prices the same as a place like Mastros Steakhouse. And don't forget the recent increase in the minimum wage. I will bet they raised prices to stop going backwards. Also see what happens when you google, "beef prices at an all time high in us". He has to pay his bills and make a living.
Watch what happens to restaurant prices everywhere over the next 6 months.
See LA Times article from April where even Norm Langer is quoted... http://articles.latimes.com/2014/apr/...
Had a roast beef sandwich there recently that was poor. Dry and hard to eat not the moist pink stuff i like. I noted a silver tray behind the counter where it came from presliced likely peeled off an unsold deli tray or something. Was on special. Onion roll also seemed shorter and smaller but could just be a one of. Been to labels many many times. I'll probably just spend the extra cake and hit Nate n Als next time. Too bad.
Everyone has raised prices! Minimum wage went up,
Drought has caused vegetables and proteins to cost more. I am sure if you noticed, at your regular market, everything is more, meat, dairy and veggies.
Look, I'm not criticizing them for raising prices. There are economic realities.
I posted because I LIKE Label's Table, have been a regular customer, and have recommended it on this board in large part because it was a bargain -- about $5 less per sandwich than their rivals. As their proponent, I felt obligated to warn 'hounds who might be relying on my representation that while it is still very good, it is no longer a bargain.
As to the price increase -- sure, prices go up. Meat prices are up; I notice it in the supermarket. But an increase of over 40% in a month?
Label's passed off the recently rising meat prices onto their customers.
Hog and cattle prices are now plunging. If they continue to fall, restaurants SHOULD pass these lower costs onto their customers.
I'm not holding my breath.