Restaurants seeing sticker shock on certain foods

Scripps reporter Kai Beech explains how price hikes at the grocery store is having an impact on businesses and the consumer.

RESTAURANTS THAT SUFFEREDDURING STATEWIDE SHUTDOWNS -ARE NOW FACING FINANCIALHARDSHIPS AS THEY LOOK TOREOPEN THANK YOU FOR STAYINGWITH US.

I'M TODD QUINONES.AND... I'M TRICIA KEAN.SCRIPPS REPORTER...KAI BEECH EXPLAINS....HOW PRICE HIKES....AT THE GROCERY STORE....IS HAVING AN IMPACT....ON BUSINESSES AND THECONSUMER.SAM'S NO.3 DOWNTOWN.HOW MAY I HELP YOU?

CORONAVIRUSCONCERNS FORCED SAM'S NO.3 DINER TO SHUT DOWN FOR SEVENWEEKS.NATS: BAG AND WHEN THEYREOPENED FOR TAKEOUT ORDERSSOT: THE SUPPLY CHAIN IS MESSEDUPOWNER SAM ARMATAS SAYS BEFORETHE PANDEMIC -- THIS ICONICDINER SERVED NEARLY 17-HUNDREDPEOPLE A DAY NATS: BURRITOWRAPPING NOW THEY'RE LUCKY TOMAKE 70 MEALS FROM OPEN TOCLOSE.SOT: I WANT TO CRY EVERY DAY.ITS SAD WHILE ARMATAS ISSTRUGGLING WITH EXPIRATIONDATES AND AN ERRATIC ECONOMY.SOT: TODAY AN EGG IS 8 CENTS.RIGHT BEFORE IT WAS 25 CENTS ANEGG SOT:WE'RE DEALING WITH FOOD IN THEWAREHOUSE THAT HAS PROBABLYBEEN IN THE WAREHOUSE SINCEMID-MARCH FROM PRODUCE TOPROTEINS, ECONOMIC EXPERTS SAYTHE COST FOR RESAURANTS TO DOBUSINESS IS BECOMING MOREUNSTABLE.SOT: THEY'RE REALLY AREDISRUPTIONS AL THROUGHOUT THESUPPLY CHAIN DOCTORRICHARD SEXTON IS ADISTINGUISHED PROFESSOR OFAGRICULTURAL AND RESOURCEECONOMICS AT THE UNIVERSITY OFCALIFORNIA, DAVIS.HE SAYS RESTAURANTSLOOKING TO REBOUND WILL HAVENOT ONLY HAVE PROBLEMS WITHFOOD PRICING -- BUT ALSODEALING WITH NEW HEALTHGUIDELINES.SOT: THE MEAT PRICES HAVE RISENAND WILL PROBABLY CONTINUE TORISE.MILK PRICES ARE DOWN DUE TOREDUCED DEMANDS.SOT: PEOPLE WILL BE AT LEAST ATTHE OUTSET RELUCTANT TO RESUMETHEIR NORMAL HABITS DESPITE THECHALLENGES, SEXTON DOESN'TGROCERY CHAIN WANTS IS TO BEACCUSED OF PRICE GOUGING DURINGDEMAND NATS: EGGS FRYING (SAMARMATAS) SOT: WE'RE HAVING TOBABY SIT EVERYTHING AND YOUKNOW WE DON'T EVEN KNOW WHATWE'RE GOING TO SELL SOT: WE'REGOING TO HOPEFULLY ADAPT ANDCHANGE AS IT MOVES FORWARDARMATAS SAYS THIS PANDEMICCOULD EVEN IMPACT HOW THEY LISTTHEIR PRICES...SOT: I DON'T KNOW IF WE CANCOME OUT WITH A PAPER, OR ASOLID MENU AGAIN.IT'S ALMOST WE PRICE WEEKLY ATMARKET VALUE SAYING THIS IS THEMANY OF US HAVE BEEN SPENDING ALOT OF TIME IN VIRTUALMEETIN