Recession concessions

From Padre's "free drink with foreclosure notice" special in Phoenix to NYC's famed Gray's Papaya $3.50 Recession Special, these restaurants and bars are profiting from penny-pinching specials.

1 of 5
BACK NEXT
A cut-rate prix-fixe
A cut-rate prix-fixe
Josh Woodward, Chris Heyman and Chef Govind Armstrong - the three partners behind the Table 8 restaurants in Los Angeles, South Beach, Florida and an upcoming New York City location - tell customers that even in the midst of the recession, you can still "live like you did when gas was just $4 a gallon," in Woodward's words. The solution: Order off of Table 8's Recession Concession menu.

The menu - essentially a prix-fixe offering of three courses for $42 (South Beach) or $38 (Los Angeles) - bundles regular entrees, appetizers and desserts together into a combination deal.

Since its launch in March, the menu has drawn more customers to the restaurant, Woodward says. He sees it luring in customers who previously had the perception that Table 8 was too expensive for them.

The menu fairly faithfully mirrors Table 8's regular roster of dishes, in both preparation and portions. "We may not put our largest steak on it, but it's all the same dishes one could order a la carte and spend twice as much," Woodward says.


NEXT: Partying through the pain
LAST UPDATE: Jul 15 2008 | 9:10 AM ET
Sponsored by
More Galleries
Rebirth of America's dead factories Defunct factories around the country are in high demand as U.S. production once again revs up. More
7 hot businesses to start now It's hard to predict what businesses will take off, but these startup ideas have been drawing tons of interest from entrepreneurs and their customers on Thumbtack.com. More
How will a minimum wage hike hit businesses? Thirteen states increased the minimum wage on Jan. 1, and President Obama supports raising the federal rate to $10.10. 4 small business owners weigh in on how an increase would affect them. More
Sponsors

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.