Operations
Offset labor costs with menu, purchasing and inventory excellence
To counterbalance higher labor costs, many restaurants have started focusing on optimization opportunities within their organizations.
Financing
Higher prices are hurting restaurant traffic
Companies such as McDonald’s and Starbucks are still losing customers, and inflation is one reason, says RB’s the Bottom Line.
According to the samplers hanging in your finer Mongolian yurts, “If the herring stings when slapped across your face, don’t suggest a flounder.” Actually, I made that up, but you can almost see the scale marks on the faces of fast-food executives these days, so there’s some license to be taken. Besides, all of them should be dispatched to Mongolia if they go ahead with what they’re considering.