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food costs

Financing

Food prices are expected to keep soaring this year

 By Jonathan Maze on Apr. 01, 2022

The U.S. Department of Agriculture expects commodity costs to continue increasing this year, which will send menu prices skyward.

Financing

Soaring gas prices cut into restaurant sales and profits, studies find

 By Peter Romeo on Mar. 30, 2022

New reports show restaurants losing business while paying more for supplies, a double whammy that's derailing their recoveries.

Financing

Here’s how much supply chain costs are increasing this year

By Jonathan Maze on Mar. 28, 2022

The Bottom Line: Operators are forecasting massive increases in food costs this year. Do they have enough pricing power after a year of aggressive increases?

Food

U.S. Supreme Court to hear case impacting pork prices

By Peter Romeo on Mar. 28, 2022

The nation's top court will decide if California can ban the purchase of meat from animals raised in tight confines.

Financing

Why the supply chain crisis won’t go away anytime soon

By Jonathan Maze on Mar. 23, 2022

A Deeper Dive: Keith Anderkin, chief supply chain officer for Zaxby’s, joins this week’s podcast to talk about supply chain headaches and how long they can expect to last.

Food

4 Rivers Smokehouse debuts an ‘Inflation Menu’ to cushion rising prices

By Patricia Cobe on Mar. 15, 2022

The budget-friendly menu saves money for both the restaurant group and its customers.

Financing

Gas prices soar and stocks plunge

By Jonathan Maze on Mar. 07, 2022

The average price for a gallon of gas hit a 14-year high in the aftermath of Russia’s invasion of Ukraine. Casual dining restaurant stocks were hit hard after a brutal day on Wall Street.

Financing

Russian invasion of Ukraine leads to fears of more inflation

By Jonathan Maze on Feb. 24, 2022

Oil and corn prices soared, leading to inflationary concerns. But stocks had a roller-coaster day. And operators don’t fear more supply disruptions, at least yet.

Operations

Multiconcept operator Ark Restaurants shows how distant 'normal' might be

By Peter Romeo on Feb. 17, 2022

Sales at its huge high-end restaurants are still only a fraction of what they were pre-pandemic, while galloping costs shrink the bottom line.

Financing

Restaurant menu price inflation highest in 40 years

By Jonathan Maze on Feb. 10, 2022

Both limited-service and full-service restaurants raised prices at least 7% over the past year as their own costs rose. But grocery prices are soaring, too.

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