General World News

A Texas restaurant CEO says the price of chicken has rocketed from $55 a case to $118 amid the labor shortage — and he’s lost up to 20% of his workforce to larger chains

Two men stand behind the counter at a fast food restaurant smiling at the camera with their arms around each other.

Summary List Placement

A Texas chicken chain with eight restaurants recently paid $118 for a single 50lb case of chicken — up from its pre-pandemic price of $55, its CEO told Insider. 

The US labor shortage is to blame for the spike in prices, according to Garrett Reed, who owns the Layne’s Chicken Fingers brand. 

“The labor shortage is real, and it is not just directly day-to-day in the store, but it’s down the supply chain that it’s affected us tremendously,” Reed said.  

He said commodity prices are “through the roof” and that “we’re talking to our chicken vendors details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: BusinessInsider.Com