shaken and stirred
remember earlier in the decade when everyone was abuzz about the bar in new york that has the unisex bathrooms with the changing doors (watch a video here)? there’s a new bar in new york that has people shaken and stirred. it’s called the exchange bar & grill. the bar’s takes a unique approach to pricing — prices rise and fall like the stock market “Customers can move prices for all beverages and bar snacks such as hot wings ($7 for 6 pieces) or fried calamari ($9). The prices will fluctuate in $.25 cent increments, but will most likely plateau at a $2 change in either direction.” bar prices are displayed stock market-style on a ticker tape that hangs over the bar.
the bar’s owners levent cakar and damon bae hope that the strategy will make the customers flock to the bar because of the good deals on the food and drink. it comes as a particularly good time as “Restaurants in New York and across America have had a tough year because consumers have slashed discretionary spending in a tough economic climate” so says reuters.
the bar hopes to attract banker-types that want to extend their trading into the evening hours. let’s hope they don’t start using lucrative and complex strategies to make money off of beers.
photo via boston.com
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