It's a new trend for businesses big and small, some having to make the tough decision to increase prices in order to balance the books. Businesses have had to beef up safety precautions due to COVID-19 and that means the extra expenses are ultimately affecting the bottom line.
Restaurants are being hit with increased food prices but one Evansville deli is making sure those costs are not passed on to the customer. Pinching pennies might be new to some but for Old Tyme Deli & Meat Shop owner Mike Holder, it's been one method to making sure his customers aren't paying more out of their pocket, "Return business is where you make your money, you don't make it trying to cheat people, I wouldn't do that."
Restaurants and food providers across the country have taken a beating during the pandemic with many having to gouge prices to make up for increased costs and limited capacities. Holder says while he has been forced to raise prices at times, if the cost of meat went up too much, he simply wouldn't sell it. On the flip side, when supermarkets were struggling to keep the shelves stocked, Holder was able to meet those high demands, "We had product because we ran after it twice a day, we didn't wait for the truck to get here, we went and got it so we had product."
Holder's customers are his priority and he says no matter the circumstances, "We try and take care of the people."
In order to keep prices down his shop did go through some rough patches but with market prices going back down, Holder says things are starting to look up.