Brad Jacobs: Coffee Club Director on cafes continuing to see the profits squeezed
Update: 2025-10-14
Description
Cafes are continuing to see their profits squeezed.
Sales in the hospitality sector have increased 1.4% in the past year according to just-released figures from the Restaurant Association.
But sales for cafes and restaurants only rose 0.3%.
Coffee Club Director Brad Jacobs told Ryan Bridge they're having to absorb rising costs to remain competitive.
He says the minimum wage has gone up much faster than the price of coffee over the past decade.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
