Sept. 15--Market District
Downtown workers hoping to grab a pint of heavy cream or bundle of green onions before heading home soon will have an option inside the Golden Triangle. A story by PG Business reporter Mark Belko detailed plans by developer Ralph Falbo, the owners of Vallozzi's restaurants and the Pittsburgh History & Landmarks Foundation to open an upscale grocery store in Market Square in spring 2014. The as-yet unnamed store -- which will sell fresh and prepared foods, meat and produce and will feature a wine bar -- will be the first grocery in Downtown since 2010.
Hoping to stave off competition from upscale farm-to-table chains and deal-busting, low-priced counterparts, Giant Eagle has unveiled a new round of price cuts. John Tedesco, senior vice president of merchandising for the O'Hara-based chain, told Business reporter Teresa Lindeman the company is offering $40 million in annual customer savings on 2,000 items, including fresh chicken, Campbell's Chicken Noodle Soup and other popular staples. The move toward direct price cuts rather than promotional sales or coupon discounts is one that's being made across the country, with Cincinnati-based Kroger and Rochester, N.Y.-based Wegmans ending traditional savings programs in favor of price cuts this year.
Breaking out the calculator to split a mandatory tip between you and your 10 closest friends may go the way of the dinner bell, thanks to a recent IRS ruling. A story by Business reporter Patricia Sabatini discussed the IRS's recent decision to classify automatic gratuities attached to bills for large parties as wages, which are subject to payroll taxes. Florida-based Darden Restaurants -- which operates Olive Garden, Red Lobster and several other chains -- said it will decide by the end of the year whether it will end mandatory 18 percent gratuity for parties of eight or more. Pittsburgh-based Big Burrito Group -- operators of Mad Mex, Kaya and three other restaurants -- said it is not sure if it will end its policy of 20 percent gratuity for tables of six or more.
Quote of the Week
"Nobody should lose their house because they get sick. Nobody should be terrified to take their kid to a doctor or to get a mammogram because they can't do anything about the results once they get them. Those days are coming to an end."
-- U.S. Health and Human Services Secretary Kathleen Sebelius promoting the Affordable Care Act during a press conference at Allegheny General Hospital.
Deborah M. Todd: firstname.lastname@example.org or 412-263-1652.