08-28-2013, 04:55 PM
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Too lazy to set a custom title
Industry Role:
Join Date: Oct 2006
Location: Vancouver
Posts: 30,985
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Quote:
Originally Posted by kane
I was reading some interesting stuff about Papa Johns right after the election. At first the CEO said they would have to lay people off and cut people's hours because they couldn't afford the healthcare Obamacare was going to make them buy. When that got them a lot of negative publicity they came out and said that it would cost them between 11-20 cents more per pizza to pay for that health insurance and they would have to pass that cost onto customers that seemed to get good publicity. People are willing to pay 10 cents more per pizza if it means his employees get health insurance. So then he announces that they likely will raise the cost per pizza by 50 cent per pie when Obamacare kicks in.
You gotta love the business model. Raise the price more than double what is needed to cover the cost, put the extra profit in your pocket and blame the president for the price increase.
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