Blogger’s Note: This is the first in a three par series on how the BP Oil Spill is affecting the Restaurant Industry.
Albacore, Grouper, Sea Bass, Sardines, Anchovies, Shrimp and Oysters are just a few of the 207 species of fish calling the
Enter British Petroleum.
With the BP catastrophe still spewing oil into the sea at an indefinable flow it seems we may finally be on the verge of learning a lesson about deep sea plumbing. And, the cost of fish.
It is not too far fetched to assume the leak will continue for months and although nobody wants to document the proportion of volume, nobody seems to know how much oil is floating between the ocean’s floor and the surface.
To brand the spill as detrimental to the environment is an understatement. But the catastrophe doesn’t stop there. It touches everyone in the world. Place a rubber duck in the
Burks realized his run on Shrimp Cocktail was eating away at profits when he placed a fish order and noticed the cost of Shrimp had almost doubled. Quickly, he changed the promotion to a “house appetizer” which the kitchen can create and prepare nightly.
In a global world when catastrophe strikes, everyone is affected.
For restaurants primarily featuring fish on their menu, the BP Oil spill will eventually affect business. As the spill continues to spew and the publicity continues to grow in coverage of the various oil plumes travel, consumers will become more hesitant to dine on fish.
Shrimp, oysters, and the other 207
It’s not time to change your restaurant’s concept, but it is time to begin paying closer attention to fish prices and food costs as market fluctuation will dictate whether or not you will need to change your menu pricing.
As we enter the summer months, and fish becomes a more popular menu item, analyzing where the product comes from is imperative. Shopping the marketplace and making sure your promotional give-aways do not cost more than they generate in revenue is also essential.
And as consumer concern grows it may be helpful to let your customers know where your product is coming from.
Monday: How are the chains dealing with the BP Oil Spill?