trpt2345 wrote:Apparently Hughey's on Balmoral between Clark and Ashland has closed. Damn. My favorite local burger/hot dog place. Anybody know what happened?
Hellodali wrote:The Huey's news is indeed awful for me. Not because it was that great (just OK in my book)
ucjames wrote:Panther in the Den wrote:In with the new...
Klay Oven Restaurant
734 Lake St.
Oak Park
(708) 386-3999
Advance notice of their opening.
Threads on the Downtown location.
We had a hankering for some New Years fare and drove by and noticed the new restaurant. It was not open at the time but upon passing by later in the day it was. No body inside eating that we could see.
Looks good!
Ahh, finally some confirmation, thanks! I had bumped into Jim August's daughter over the summer and she had mentioned that it would be an Indian restaurant moving into that location. So much time had passed without any further info that I was wondering if the deal had fallen through somehow or if I was just losing my mind
trpt2345 wrote:Apparently Hughey's on Balmoral between Clark and Ashland has closed. Damn. My favorite local burger/hot dog place. Anybody know what happened?
Marco wrote:Hellodali wrote:The Huey's news is indeed awful for me. Not because it was that great (just OK in my book)
Huey's had it coming. I base this remark on the following:
1. There was no justification nor explanation for their constant and severe price increases. Nobody wants to pay $5.50 for a regular hot dog. Hot Doug's manages to keep the price point at $1.75. They used to have pretty good $5 combo meals. Then they were $6; a few months later, $7. This was after the gas prices had started to come down. I asked one time what the deal was on the price increase, and was told by a person who I'd always thought of as the owner: the price increase is due to the city raising the sales tax. Well, that was nonsense. The sales tax went up 1%, and Huey's went up 20%.
chgoeditor wrote:Marco wrote:Hellodali wrote:The Huey's news is indeed awful for me. Not because it was that great (just OK in my book)
Huey's had it coming. I base this remark on the following:
1. There was no justification nor explanation for their constant and severe price increases. Nobody wants to pay $5.50 for a regular hot dog. Hot Doug's manages to keep the price point at $1.75. They used to have pretty good $5 combo meals. Then they were $6; a few months later, $7. This was after the gas prices had started to come down. I asked one time what the deal was on the price increase, and was told by a person who I'd always thought of as the owner: the price increase is due to the city raising the sales tax. Well, that was nonsense. The sales tax went up 1%, and Huey's went up 20%.
Never been there, but just to clarify your price-tax comparison, the sales tax went up 1 percentage point, which amounted to about an 11% increase. That said, I thought businesses didn't have to pay sales tax on their raw materials.
Panther in the Den wrote:In the space formerly occupied by...
Something's Brewing
Something's Brewing (new owners)
Head's Up! Coffee house
Located at 906 S Oak Park Ave in Oak Park has been going through some renovations as of late. I stopped by today to ask what was coming in and one of the contractors mentions that it will be a Brazilian place. Not serving steaks but more hot snack items like Empanadas.
Sounds like a great addition to the area! Stay tuned...
Marco wrote:Can you explain how a 1% increase amounts to an 11% increase?
chgoeditor wrote:Imagine we were talking about prices. Something that cost $9 yesterday costs $10 today. The price increased by $1, but on a percentage basis it increased by 11%.
nr706 wrote:But the math doesn't matter in this case. Clearly, they were simply using the tax increase as an excuse for an unusually high price increase.
elakin wrote:raising prices due to sales tax increases is a non-starter. doesn't make sense.
retailers simply change the rate their registers charge for tax. a $1 cup of coffee that rang up at $1.09 now rings up at $1.10. the extra penny covers the sales tax increase.
restaurants don't pay sales tax on products they purchase for resale (only non-sale items like bleach and plastic wrap are subject to sales tax). therefore, the sales tax increase doesn't have any affect whatsoever. blaming a price increase on a sales tax increase is an outright lie.
elakin wrote:restaurants don't pay sales tax on products they purchase for resale (only non-sale items like bleach and plastic wrap are subject to sales tax). therefore, the sales tax increase doesn't have any affect whatsoever. blaming a price increase on a sales tax increase is an outright lie.
ronnie_suburban wrote:chgoeditor wrote:Imagine we were talking about prices. Something that cost $9 yesterday costs $10 today. The price increased by $1, but on a percentage basis it increased by 11%.
No, this analogy is flawed because the tax is still only a percentage of the total sale. If the tax rate goes up 1% (say, from 9% to 10%), that means that the tax on $100 of sales goes from $9 to $10. While the increase in the tax portion of the sale does go up by approximately 11%, the increase in the total price of the goods being sold does not. It rises from $109 to $110, which is actually an increase of just over 1% (1.009)
So, if a vendor wishes to pass a 1% tax increase on to a customer in order to preserve his or her margin, they don't need to raise the price of what they're selling by 11%. They only need to cover the actual increase in the tax rate, not the percentage of the tax increase. The actual increase to the vendor in this case would be about $1 for every $100 sold. In round numbers that's 1%. Raising prices any further than that to cover the increase is unnecessary.
=R=
sundevilpeg wrote:To gently steer this thread back to the topic, my Customary Dining Companion reported this afternoon that the Orange on Harrison in the Printers Row area is closed. No report on the other locations, though - this one was in his 'hood.
Updates as events warrant.
are places allowed to "include" taxes in the ringup charge, without itemizing it?
forzagto wrote:I noticed an awning on Elston just north of Webster for Goddess and The Grocer. Is this a new location or are they moving from the Damen or Gold Coast location?
LynnB wrote:Anyone know if Fajita Grill on Foster just west of Ashland has closed? Driving by last night around 7pm it was completely dark.