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food costs

Food

Wing concepts gear up for high demand and higher profits on Super Bowl Sunday

 By Patricia Cobe on Jan. 31, 2023

Chicken wing supplies and prices are back to pre-COVID or better levels, and operators are reaping the rewards and passing value on to consumers.

Financing

Food costs are down, but so are sales

 By Jonathan Maze on Jan. 20, 2023

The Bottom Line: Producer prices for food declined more than 1% last month, though eggs and beef were up. And restaurant sales declined.

Food

Soaring egg prices pose a dilemma for a.m. chains

By Peter Romeo on Jan. 20, 2023

Do they share the pain with patrons or sacrifice margin to spare guests from unpleasant surprises?

Financing

10 takeaways from the ICR Conference

By Jonathan Maze and Joe Guszkowski on Jan. 11, 2023

More acquisitions, slowing food costs, omnichannel business models and evolving loyalty programs all featured prominently in operators’ presentations during the three-day event in Orlando.

Food

A drop in chicken prices gives operators something to cluck about

By Patricia Cobe on Jan. 11, 2023

Current costs and supply are favorable, giving chicken concepts a reason to celebrate after steady price increases. But the year ahead may bring changes.

Food

Chefs turn to prix fixe and tasting menus to combat cost, labor and supply challenges

By Patricia Cobe on Jan. 11, 2023

Both high-end restaurants and more casual concepts are finding some relief in more limited menus with set prices.

Financing

First Watch sees no reason to follow the pack

By Peter Romeo on Jan. 09, 2023

The daytime dining brand has held the line on pricing and refused to trim its hours or menu. The focus will be on raising the profits of new units.

Financing

Why restaurants will be able to withstand an economic downturn

By Jonathan Maze on Dec. 21, 2022

A Deeper Dive: Michael Swanson, an agricultural economist from Wells Fargo, joins the podcast to talk about the outlook for food costs and industry sales in 2023.

Operations

Wild swings in food costs force restaurants to rethink menus

By Patricia Cobe on Nov. 30, 2022

To keep costs in check, operators are frequently evaluating vendors, re-engineering the menu, running specials and keeping a closer watch on inventory and waste to avoid more menu price hikes.

Food

Forget cooking Thanksgiving at home this year—it may be cheaper to order from a restaurant

By Patricia Cobe on Nov. 15, 2022

Supermarket prices for turkeys and some sides are reaching new heights, but restaurants are offering deals on fully-cooked holiday meals with all the trimmings that can be easier on the wallet—and the cook.

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