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Article: Restaurateurs take on American Express
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- March 29, 1991
- Author:
CopyrightCopyright (null) The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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American Express Co. may yield to mounting pressure from a
250-strong coalition of Boston restaurateurs fed up with the
financial service giant taking bites out of their shrinking profits.
At a meeting in Boston today, American Express officials will talk
with five restaurant owners who are part of a grassroots group
threatening to drop the card unless the company cuts its rates.
"American Express is a great product and we want their card, but
we're in a recession and we're getting killed with their {service}
charges," said Steve DiFillippo, owner of Davio's, a popular Italian
restaurant.
Lawrence Kurlander, senior vice president for American Express'
Travel Related Services division in New ...