Thanks (and Inflation) on the Menu 11/24/22
Squawk Pod
English - November 24, 2022 11:00 - 10 minutes - 9.76 MB - ★★★★ - 450 ratingsInvesting Business News Business News leadership health entrepreneurship business productivity startups finance interview entrepreneur fitness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The tale of 2022 continues to focus on record-high inflation, impacting business and consumers. The cost of food at home and in restaurants has surged this year, rising between 9.5 and 10.5%. On this Thanksgiving, we are grateful for stories like entrepreneur Cameron Mitchell’s. The owner of restaurants in 14 states and Washington, D.C., Mitchell has been a regularguest on Squawk Box since the earliest days of the pandemic in 2020, when he had to furlough thousands of workers. Mitchell tells Becky Quick that his business is back again, but these days, costs are a bigger concern than staffing and traffic. In “the worst cost environment” of his career, Mitchell is eyeing his margins and showing gratitude to his guests.
In this episode:
Cameron Mitchell @CMRColumbus
Becky Quick @BeckyQuick
Katie Kramer, @Kramer_Katie