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Rising tide lifts prices

Rising tide lifts prices

After years of offering steep discounts, restaurant operators are boosting menu prices ever so slightly in a bid to wean struggling consumers from the deals that have convinced them to part with their hard-earned dollars.

In first-quarter earnings reports and conference calls over recent weeks, several chains have outlined strategies for raising prices both to offset operating costs and to increase average checks.

P.F. Chang’s China Bistro Inc. said it is planning a price

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