IHOP announces major discount on eggs to outdo rivals
IHOP makes a major business move to offer customers discounted eggs.
The current bird flu outbreak has resulted in a huge decline in egg production over the last few months due to contamination risks. Inventory has fallen around 2% nationwide, making it harder for the industry to keep up with consumer demand as the flu outbreak drags on.
Because of the egg shortage, prices have skyrocketed, with a 12-count carton of eggs costing approximately $8.50 in New York and up to over $10 in some states. This is a huge jump from the beginning of this year when eggs reached $5 per dozen, which now seems like a bargain in comparison.
