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economy

Financing

Waiting for the second economic shoe to drop

 By Jonathan Maze on Apr. 19, 2023

The Bottom Line: After a year of brutal inflation, operators worry that consumers will change their spending. But data at the moment remains inconclusive.

Financing

Higher prices have consumers turning to frozen pizza

 By Jonathan Maze on Apr. 14, 2023

A survey from the marketing firm Vericast shows a growing number of consumers are choosing to get frozen pizza over one of the big chains. And prices are a huge reason.

Financing

Restaurant menu price inflation catches up with the supermarket

By Jonathan Maze on Apr. 12, 2023

For the first time in 18 months, the annual increase in prices for food away from home exceeded inflation at retail food outlets.

Financing

Consumers may be losing their resilience

By Jonathan Maze on Apr. 06, 2023

The Bottom Line: Consumers stretched themselves thin to pay for everything in 2022. But surveys and sales data are suggesting more of them are cutting back. And the people cutting back the most will surprise you.

Financing

Restaurant menu price inflation is not slowing

By Jonathan Maze on Mar. 14, 2023

Inflation at restaurants continued to outpace inflation at supermarkets and other retail food outlets, according to new federal data.

Workforce

Restaurants and bars near a full job recovery

By Jonathan Maze on Mar. 10, 2023

Food services and drinking places added nearly 70,000 jobs in February, according to new federal data. They are now 100,000 jobs short of pre-pandemic levels.

Financing

Are consumers getting used to higher prices?

By Lori Rakoczy on Feb. 21, 2023

Technomic's Take: Restaurant menu price inflation continues to tick up. But consumers are showing few signs of cutting back on eating out.

Financing

Krispy Kreme sold a ton of doughnuts last year

By Jonathan Maze on Feb. 15, 2023

The Charlotte, N.C.-based chain sold a record number of doughnuts in 2022. And its Insomnia Cookies brand also generated strong revenue growth.

Financing

Restaurant menu price inflation is showing little sign of slowing

By Jonathan Maze on Feb. 14, 2023

The cost of a night out continued to grow last month as the gap between restaurants and grocery stores narrowed.

Financing

How is the economy affecting restaurants? It's complicated

By Jonathan Maze on Feb. 08, 2023

The Bottom Line: There is a sense that low-income consumers are changing their spending at fast-food restaurants and focusing more on value. But the impact appears limited, at least so far.

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