“In the 50 years that I have been involved in foodservice distribution, I have never experienced such a challenging atmosphere for our industry, which also includes our customers and vendors,” said Stephen Horowitz.
The closest period I can remember is when we had price controls, which caused great problems.
Restaurants are facing far higher costs of product, ever increasing labor and other operating costs, and lower revenues. With fewer customers, restaurants are reluctant to adequately pass along their cost increases.