Rising beef prices in the United States this year are taking a hefty bite out of the cheesesteak business and putting some of the biggest names in the city in an uncomfortable bind. A carousel of food commodities — eggs, sugar, cereals and beef products, to name a few — have gone up in price due to varying political and …
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The head of an iconic Philadelphia cheesesteak restaurant says he may be forced to raise the price of his $13.49 sandwich — a prospect that could alienate his loyal customers who could be asked to bear the burden of soaring beef prices. “I really hate to do that,” Ken Silver, the president of Jim’s South St., a Philadelphia institution known …
Read More »PHILADELPHIA (AP) — Ken Silver knows beef because he knows Philly cheesesteak. He hopes that a summer spike in how much he pays for his restaurant’s main product doesn’t cause heartburn for him or his customers. Silver, president of Jim’s South St. in Philadelphia, said he might have to raise prices for his popular sandwiches to offset the rising cost …
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