Budget-friendly restaurant chain Saizeriya succumbs to rising costs

Japanese restaurant chain Saizeriya is raising menu prices by an average of 6% due to rising raw material and energy costs. This marks the first comprehensive price increase for the company since 1998.
Why it matters
The move signals the end of an era for 'inflation-defying' budget dining in Japan, reflecting broader global inflationary pressures.
Popular Italian restaurant chain Saizeriya, famed for its inflation-defying cheap dishes, plans to raise prices this month for the first time in six years, shedding light on a business strategy that has allowed it to maintain rock-bottom prices for so long.Starting Thursday, the restaurant chain will raise the prices by an average 6% across the menu, with some stores with higher operating costs seeing…
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