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To: Les H who wrote (103316)5/18/2001 4:20:57 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
Manhattan's hot dog king in April raised the price of his "recession special" a month ago by 25% to fend off higher rents, beef prices and labor costs.

Prior to April 15th, hot dog lovers could buy two Gray Papaya hot dogs and a drink for $1.95 -- but on that day the price for the recession special shot up by 50 cents to $2.45.

He blames inflationary pressures. "People say there's no inflation, but I see it everywhere. Paper goods are up, rents are up, labor goes up. In the last month alone my supplier raised my hot dog prices by 12%."

When he signed his latest rent renewal at his Midtown store, it called for a 38% increase over 10 years.

marketnews.com

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