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food costs

Financing

Restaurants head into fall with strong sales and big challenges

 By Jonathan Maze on Sep. 20, 2021

Sales have recovered early and valuations are up. Yet the industry continues to face labor and supply challenges, which are driving prices up and could make for a long winter, says RB’s The Bottom Line.

Financing

Menu prices make their biggest monthly jump since 1981

 By Heather Lalley on Aug. 11, 2021

Quick-service restaurants took the largest price hike of all segments, according to new data from the Bureau of Labor Statistics.

Food

A perfect storm is rocking the seafood supply chain

By Patricia Cobe on Aug. 06, 2021

Consumer demand is strong, and restaurants with fish-focused menus are seeing unprecedented price increases and spotty supply.

Financing

Food and labor costs hit Del Taco as sales recover

By Jonathan Maze on Jul. 23, 2021

The Mexican fast-food chain says its same-store sales rose 3.6% when compared with 2019 and all dayparts grew outside of breakfast.

Financing

Taco Bell and Starbucks warn about shortages

By Jonathan Maze on Jul. 19, 2021

The chains started warning consumers about a lack of supplies as transportation issues continue to cause supply issues.

Operations

Restaurants are recovering, but worried about food costs and labor

By Joe Guszkowski on Jul. 06, 2021

Nearly a quarter say they're doing well financially, and 90% believe they'll be there in a year, according to a new report from Quadrant Strategies.

Financing

The JBS cyberattack throws the supply chain another curveball

By Jonathan Maze and Patricia Cobe on Jun. 02, 2021

The attack over the weekend is unlikely to have a long-term impact on protein supplies or prices, but it’s yet another pressure point on an already stressed supply chain.

Food

How one chicken chain is dealing with high prices and low supply

By Patricia Cobe on May 11, 2021

Through menu maneuvering and strong vendor relationships, Golden Chick hopes to get a grip on chicken prices and supply.

Financing

As corn prices rise, food costs could follow

By Jonathan Maze on May 07, 2021

Rising corn prices could lead to higher costs for chicken and beef in the near future, furthering supply chain challenges as labor costs continue to rise.

Financing

Restaurants find it tough to find chicken

By Jonathan Maze and Heather Lalley on Apr. 28, 2021

Wingstop and KFC, among other chains, have struggled to source chickens amid intense demand and worker shortages among distributors and processors.

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