prices

Consumer Trends

Consumers see full-service chains offering greater value today, even with inflation

A new American Consumer Satisfaction Index survey shows the public perceives the sector as offering better quality for the money.

Food

Calif. restaurants get a 6-month reprieve on pork limits

A court has ruled that establishments can continue buying pork raised under prior standards, avoiding what some feared would be a severe shortage and a spike in prices.

The mandatory 99-cent fee for guests is just the latest price hike from the big tech supplier. Some operators say it could be the last straw.

The chef is opening a table at any of his restaurants for members of the hospitality industry to dine at a significant discount. The goal: to build community and camaraderie.

Technomic's Take: Younger consumers are less likely to say prices are increasing. Is it their short attention span or their short time on earth?

Limited-service prices increased 8% annually last month, even as retail grocery price inflation slowed further.

Limited-service restaurant prices accelerated slightly in April, even as inflation cooled at full-service restaurants and grocery stores.

The delivery company is pushing operators to keep prices more consistent between the app and their regular menus, saying markups are turning customers away. Restaurants say the markups are needed to manage delivery costs.

Earnings roundup: Inflation eased, but so did traffic—at least for some. Weather, meanwhile, was a wallop for at least one, a non-issue for the rest.

Technomic's Take: Many restaurant operators are considering dynamic pricing strategies. They should tread carefully.

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