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Marketing

Why barbell pricing is the strategy du jour on restaurant menus

 By Joe Guszkowski on Nov. 22, 2022

The two-pronged approach has been gaining steam amid an economy of haves and have-nots.

Operations

Will the pace of menu price hikes slow in 2023?

 By Lisa Jennings on Nov. 11, 2022

A look at menu price increases by brand for the year so far and what is expected as food and labor costs ease in the fourth quarter and beyond.

Financing

The grocery-restaurant inflation gap is narrowing

By Jonathan Maze on Nov. 11, 2022

The Bottom Line: Restaurant menu prices kept increasing last month, according to new federal data. But other prices started to ease.

Consumer Trends

Inflation’s grip on consumers grows tighter

By Joe Guszkowski on Oct. 18, 2022

Americans are becoming more vocal about higher prices for food and restaurants and are seeking out more affordable options, a new Yelp report found.

Financing

Restaurant menu price inflation slowed in September

By Jonathan Maze on Oct. 13, 2022

But overall inflation increased more than expected as consumers paid higher prices for food, shelter and medical care.

Food

Wholesale food costs resume their climb

By Peter Romeo on Oct. 12, 2022

The price charged by manufacturers rose 1.2% after easing in August, driven by higher charges for transportation and warehousing.

Financing

How operators can navigate a tough pricing environment

By Jonathan Maze on Oct. 12, 2022

A Deeper Dive: Rich Shank, senior principal with Technomic, joins the Restaurant Business podcast to discuss the impact of menu inflation on consumers.

Operations

Deciding how much of a price hike customers will tolerate is nothing new

By Restaurant Business Staff on Oct. 11, 2022

Restaurant Rewind: Determining when patrons will balk at an increase is older than forks. Here are some of those past telling instances.

Financing

Consumers' perception of inflation is much worse than reality

By Lori Rakoczy on Oct. 07, 2022

Technomic's Take: If consumers already think they're paying more than they are, can operators afford to boost prices?

Financing

Here’s how much prices have to increase before consumers react

By Jonathan Maze on Oct. 05, 2022

New data shows that traffic plunges when price increases get too aggressive, to the point of negating any revenue benefits.

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