The Damage Report
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Americans FORCED To Drop Holiday Traditions Over Mega-Prices
Posted
November 26, 2022
Views
11,653
Likes
778
Comments
204
Engagement
8.43%
November 26, 2022
11,653
778
204
8.43%
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4:06Now PlayingAmericans has switched up the routine this year as many planned to head out for a Thanksgiving meal over cooking due to record high food prices and ingredient shortages. John Iadarola and Jordan Uhl break it down on The Damage Report.
Read more here:
Americans are flocking to restaurants this Thanksgiving
"Record high food prices and key shortages — of turkey and cranberries, for instance — are prompting more Americans to make dinner reservations instead of home-cooked meals this year.
Why it matters: The trend is good news for restaurants, which are eager to recoup lost revenue from the pandemic. And it could reshape the traditional "home for the holidays" ideal, as convenience and value trump tradition and family recipes.
More people are ordering catering and takeout food for their holiday tables — everything from pies and side dishes to entire feasts.
"We are seeing it explode," says Brendan Sweeney, CEO of Popmenu, a tech company that handles online orders for restaurants. He's tracking mom-and-pops with as much as $65,000 in advance food orders."
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