There’s still no such thing as a free lunch, but new online discount coupons are slicing local restaurant prices to the bone.
While recession-weary consumers may be happy to buy a $50 dinner for $25 at websites like Groupon.com, a participating restaurant makes only $12.50 — an unprofitable deal for the restaurant.
Groupon.com, one of several deep-discount websites doing business in the Twin Cities, claims it can help restaurants, health spa operators and other retailers reach new consumers who can be turned into repeat customers.
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