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food costs

Food

Higher meat prices push restaurants to create more cost-effective plates

 By Patricia Cobe on Apr. 02, 2021

New cuts, buying strategies and menu ideas can help operators get the most bang for their meat buck.

Operations

How beef prices are trending in 2021

 By Patricia Cobe on Mar. 31, 2021

After nearly a year of unpredictable supply and erratic costs, what’s in store for operators now?

Financing

Sysco accuses pork producers of price fixing

By Jonathan Maze on Mar. 11, 2021

Big distributor Sysco filed a lawsuit against Tyson, Hormel, Smithfield and several other companies, accusing them of a conspiracy to control pork prices in the latest price-fixing dispute between producers and food companies.

Financing

Pilgrim's Pride pleads guilty to rigging restaurant chains' chicken costs

By Peter Romeo on Feb. 24, 2021

The poultry supplier was sentenced to a $108 million fine for colluding over roughly a 5-year stretch ending in 2017.

Financing

Pilgrim’s Pride strikes a deal in chicken price-fixing investigation

By Peter Romeo on Oct. 15, 2020

The supplier will pay a $110.5 million fine and plead guilty to one antitrust violation for allegedly fixing prices and rigging the bids charged to restaurants.

Topics

6 indicted for fixing restaurants' chicken prices

By Peter Romeo on Oct. 08, 2020

The former executives of major chicken suppliers were the latest to be accused by the Justice Department of conspiring to drive up invoices.

Food

Chicken suppliers charged with fixing prices to restaurants

By Peter Romeo on Jun. 03, 2020

The Pilgrim's CEO is among four people indicted following an FBI investigation.

Financing

As restaurants struggle, distributors face their own challenges

By Jonathan Maze on May 18, 2020

Giant food distributors that had built their business by serving local concepts now face major changes to their own industry.

Marketing

Buffalo Wild Wings switches back to selling wings by the numbers

By Peter Romeo on Mar. 11, 2020

The shift ends the chain’s reliance on vaguer order sizes where wing counts could vary widely.

Leadership

New national initiative aims to cut food waste

By Peter Romeo on Oct. 31, 2019

The National Restaurant Association and other trade groups have joined with three key federal agencies to promote ways of reducing overproduction and getting more safe discarded food to the needy.

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