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70-year-old roast beef dining chain closes, blames rising prices
Finding a restaurant that serves an affordable roast beef dinner lately has been difficult as beef roast prices have skyrocketed by about 56% over the last six years.
Finding a restaurant that serves sliced roast beef has been difficult for me in my area, as it is not a common menu item. Even when I go to steakhouses like Texas Roadhouse or Outback Steakhouse, roast beef isn’t on the menu.
Consumers can try Golden Corral for carved roast beef or Cracker Barrel for its homestyle pot roast, but visiting legendary Sign of the Beefcarver in the Detroit area is not possible, since it has closed.
Sign of the Beefcarver closed its last restaurant after rising costs, led by skyrocketing beef prices, made it impossible for it to continue operating. MSPhotographic / Getty Images
Sign of the Beefcarver closes
Iconic Metro Detroit-based restaurant chain Sign of the Beefcarver closed its last location in Royal Oak, Mich., on Oct. 25, blaming the lingering effects from the Covid-19 mandated shutdown and the historically high price of roast beef for its need to shut down after operating for almost 70 years, the company said in a Facebook post.
“Due to extreme financial pressure from rising food costs, not the least of which is the historically high price of roast beef, our menu namesake, we can no longer sustain the losses that have resulted,” Sign of the Beefcarver said in the post.
“We sincerely thank you for seventy years of loyal and faithful support for the Beefcarver! We have always tried to offer exceptional value and quality in the friendliest family atmosphere possible,” the post said.
First restaurant opened in 1957
Sign of the Beefcarver, which began operating its first restaurant in Royal Oak in 1957, grew to 12 locations at its peak, including one in Chicago. The restaurant described itself on its website as “an Early American themed cafeteria restaurant with waitress service.”
The restaurant’s daily entrees included roast beef, baked scrod, spaghetti, roast beef sandwich on onion roll, macaroni and cheese, plus a rotation of 36 other entrees, such as meat loaf, beef ribs, catfish, turkey and dressing, chicken breast over rice, and beef stew. The menu also included various soups, salads, vegetables and desserts.
Offers cafeteria-style service
Customers would proceed through the cafeteria-style line, choosing their meal, then pay a cashier at the end of the line.
“At the end, while you pay our friendly cashier, one of our waitstaff will carry your tray to a quiet corner, the TV room, or perhaps in front of our cozy fireplace,” according to the restaurant’s website.
The last Sign of the Beefcarver to close before Royal Oak was the chain’s Dearborn, Mich., location, which operated for 51 years from 1967 to 2018. The Dearborn location had faced declining sales before the owners closed the restaurant in June 2018 and sold the building to a strip mall developer, Eater reported at the time.
Price of roast beef spikes by 56%
The cost of operating a restaurant that sells roast beef has become more difficult over the last six years, as the price of uncooked beef roasts has risen about 55.7% from about $5.84 per pound in October 2020 to about $9.09 per pound in October 2026, according to data from the Federal Reserve Bank of St. Louis.
“If we raised our prices to the point that covered our all-time high costs, they would be prohibitively expensive for a lot of people, and we would not be providing the excellent food for the value we have always strove for,” the restaurant said in its Facebook post.
When the founders Jack Joliat and Bob LaJoie opened their first restaurant in Royal Oak, it was named Sign of the Beefeater. The owners were forced to change the name to Sign of the Beefcarver in the 1970s after a lawsuit was filed by the makers of Beefeater Gin.
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Lenox’s $620 12-piece holiday set is 55% off at Macy’s
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Why we love this deal
Holiday dishware might seem like a waste because of its limited use throughout the year, but when a fun and festive set is on sale, it seems like money well spent, wouldn’t you say? Macy’s has tons of holiday-themed mugs, plates, and more, now marked down during the Friends & Family sale, and the Lenox Holiday Dinnerware Set is one set that’s perfect for a family of four and will make eating meals so much more fun come November and December.
A good set of dishes can’t be appreciated enough, but one that’s well-crafted and beautifully designed like this Lenox set is hard to pass up when it gives us another chance to decorate around the house. Originally $620, you can now get the 12-piece set on sale for 55% off. Save $338 and get the variety pack for only $282 during this incredible, limited-time sale.
Lenox Holiday Dinnerware Set, $282 (was $620) at Macy’s
Courtesy of Macy’s
Shop at Macy’s
Why do shoppers love it?
The festive yet understated print on these dishes speaks for itself. The 12 pieces in this set, which includes salad plates, dinner plates, and mugs, feature a holly and berry motif that’s incorporated into all of the pieces. The four salad plates and four dinner plates feature a red berry and holly border around the rim of the plates, while the four mugs have a large holly and berry emblem printed across the front of each. What also adds to the gorgeous design is a bit of 24-karatgold. The rims of the plates are lined with 24K gold, as are the mugs rims and handles, creating a beautifully decorated set that’s not over the top or obnoxious.
The entire set is crafted from porcelain, a fine-grained non-porous ceramic that’s resistant to scratching, heat, or damage from food or drink. It has a smooth, glossy finish that not only makes it look good but also makes it enjoyable to use sensory-wise. Although it’s heavy-duty, it isn’t microwave-safe, so don’t warm up any foods or liquids with these dishes. You’d want to opt for microwave-safe dishware and then transfer to these printed plates and mugs. On the other hand, they are dishwasher safe, so you can skip hand washing them. That said, with any sort of designed dishware, you do run the risk of intense heat ruining the design so if you’re concerned about that, it can’t hurt to opt for handwashing or to make sure that you opt for a gentle cycle in the dishwasher.
Related: Walmart’s 12-piece mosaic-style dinnerware set is on sale for only $60
Details to know
Material: Porcelain with 24-karat gold trim.
Includes: The set includes four dinner plates, four salad plates, and four mugs.
Care: Dishwasher safe but not safe for use in the microwave.
“Timeless Christmas china,” one shopper said. “The pattern, colors, and quality of this Lenox China is outstanding. It is worth the cost and lets each guest know how valued they are.” It’s very durable and holds up well over time, plus it’s a great sentimental piece to break out every year around the holidays. “Impeccable craftsmanship and a luxurious design,” another shopper said.
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Lenox Winter Greetings 5-Piece Place Setting, $146 (was $320) at Macy’s
Spode Christmas Tree Salad Plates (Set of 4), $80 (was $176) at Macy’s
Noritake Holly & Berry 40-Piece Dinnerware Set, $347 (was $900) at Macy’s
Well-designed, well-crafted, and built to last, the Lenox Holiday Dinnerware Set is absolutely worth your money now that it’s on sale for just $282.
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The Rising Cost of Pet Care: What Owners Pay for Arthritis, Dental Disease and Other Chronic Conditions
Key Takeaways
Chronic conditions like arthritis, allergies and dental disease are making pet care more expensive than ever, according to research from Money.com and Healthy Paws Pet Insurance.
Most pet owners spend up to $250 a month on chronic issues, but emergencies often run between $1,000 and $5,000, if not higher.
Many owners rely on credit cards or savings to cover vet bills, while a smaller share use pet insurance to help manage sudden expenses.
Veterinary medicine has advanced significantly in recent years, but so has the price tag attached to the treatments and services pets need to thrive.
Costs are particularly steep for owners of cats and dogs with chronic issues like arthritis, joint pain, allergies and dental illnesses, common conditions and ailments that afflict pets. New research from Money.com and Healthy Paws Pet Insurance found that owners of pets with multiple medical conditions spend more not just on routine pet care, but on medical emergencies triggered by their pets’ health challenges.
Let’s get into it.
Arthritis and joint problems
Nearly a quarter (23%) of respondents said their pets struggle with arthritis or joint problems. This includes hip dysplasia and ligament tears that are common among some breeds, like German Shepherds and Maine coon cats, as well as injuries sustained during accidents or while playing.
Once a pet is diagnosed with arthritis, it needs lifelong care to slow down the progression of the disease and minimize joint pain. This includes diet changes, physical therapy, daily pain medications, supplements and more modern treatments like injections to block the pain. By some estimates, these injections cost between $40 to $155 per dose, depending on factors like the animal’s size and weight. Because these shots are typically given monthly, this adds up to nearly $500 to $1,800 annually, on top of your pet’s regular care, along with other supplements and pain medications your vet may recommend.
Food and environmental allergies
The second most common condition in pets is allergies to ingredients in their food or the environment, marked in the report by 20% of people caring for a sick pet.
When an allergic pet eats or touches a trigger, their immune system overreacts. This can cause itchiness, hair loss and stomach problems.
A single allergy test can set you back about $300, on average, and pets often require multiple tests to correctly identify the allergen. Future expenses depend on what your pet is diagnosed with and whether your vet recommends routine allergy shots. These cost an average of $78 per shot, according to data from medical financing provider CareCredit. Other treatment plans, like oral allergy meds, steroids or medicated sprays, cost anywhere from $1 to $275 per dose, according to rates available on Vetster, a vet telehealth platform.
Dental disease
In our survey, 17% of pet owners reported dealing with dental disease in their pets. In particular, periodontal disease — inflammation or infection of your pet’s gums — affects roughly 50% of dogs, according to a risk analysis published by the Journal of Small Animal Practice.
CareCredit data shows that professional dental cleanings range from $300 to $702 for both cats and dogs, but complications like extractions or advanced gum disease that require surgery or lifelong care can derail your budget by thousands of dollars.
How much do pet owners spend yearly on chronic conditions?
According to data from Money and Healthy Paws, 66% of pet owners caring for chronically ill pets spend up to $250 a month to manage conditions like arthritis, dental disease, joint problems and diabetes. About a quarter spend $5,000–$10,000 annually, and report higher levels of financial stress.
And that reflects only baseline expenses. If a chronically ill pet has an emergency, the yearly cost of care shoots up. Almost half (45%) of pet owners who rushed to the vet because their pet suddenly got very ill said they paid between $1,000 and $5,000 for urgent care.
These pet owners aren’t paying with cash, for the most part. The survey found that 38% would charge these bills to their credit cards or set up a payment plan with their veterinarian, while 20% said they would dip into their savings.
This financial reality has led many owners to consider pet insurance as a way to manage risk, particularly among the younger generation. About half of Gen Z owners currently have pet insurance, compared with roughly 1 in 10 baby boomers, according to a separate report by Money and Healthy Paws.
Pet insurance can help keep your cash flow predictable. For instance, if you charge an emergency vet bill on your credit card and file a claim with your insurer as soon as possible, you could get your reimbursement within a few weeks and settle the credit card debt relatively quickly. While pet insurance does not eliminate your pet’s health care expenses entirely, it can buffer the financial hit of a veterinary emergency.
FAQs
What is the average cost of pet cancer treatment?
Chemotherapy averages over $4,000 for cats and over $5,000 for dogs, according to pet care financing provider CareCredit. Surgical removal may cost $500 or more, and radiation can set you back around $1,000 to $1,800. Ultimately, the cost depends on your pet’s size, where the cancer is located and which treatment plan you choose.
Does pet insurance cover chronic conditions?
Yes, pet insurance covers chronic conditions if they’re diagnosed after you bought coverage and after the waiting period is up. Most illnesses are covered after two weeks, except for orthopedic conditions. These typically have a six- to 12-month waiting period.
Does pet insurance cover periodontal disease?
Yes, some pet insurance companies cover periodontal disease. That said, the range of benefits vary by provider. Many providers limit coverage to specific teeth and set a $1,000 annual payout limit.
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How Gen Z Is Managing the Rising Cost of Pet Ownership
6 Costs to Budget for Before Getting a Pet
Is Pet Ownership Becoming a Luxury?
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