prices

Operations

Restaurants will need to tamp down menu price hikes over the next couple years, says BJ's Restaurant CEO

At the Barclays Eat Sleep Play conference, Greg Levin said consumers remember prices from four years ago and have yet to adjust to the higher cost of dining out.

Financing

Why customers increasingly think restaurants aren't worth it

A Deeper Dive: Consumer strategist and author Lisa Miller joins the podcast to talk about how consumers think about restaurants’ overall value.

About 25% of shoppers cooked for themselves or purchased ready-to-eat supermarket items during 2023, compared with a 17% rate last year.

Limited-service prices continue to rise faster than inflation and are up 30% since 2019. That has more customers thinking their fast-food visit isn’t worth it.

Eating places are closing at the rate of one per week because of the one-two-three combination.

Limited-service menu prices rose 6.2% over the past year, according to new federal data, and continue to rise at a rate much faster than overall inflation.

Lower-income people are clearly pulling back, while higher earners and families show resilience, according to new data.

Cava, the newly public fast-casual chain called "the next Chipotle" by investors, and Noodles & Co., which held that title a decade ago, just reported two very different quarters that are a study in contrasts—and offer a warning for Cava.

Restaurant Rewind: The 1,500-seat, $30 million-a-year landmark may have been the restaurant industry’s greatest value story.

Working Lunch: A McDonald's in Connecticut is already charging that much for a combo featuring the signature sandwich. Might that become the threshold in the industry's largest restaurant market?

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