prices

Operations

Chipotle on sales downturn: It's not us. It's them

The slowdown in consumer spending is to blame for negative same-store sales in the first quarter for the fast-casual chain. But outside data indicates Chipotle may have a value perception problem too.

Food

Denny's adds an egg surcharge at some locations

The move by the diner chain comes as egg prices continue to skyrocket due to a nationwide shortage caused by avian flu.

Food away from home prices grew at less than half the rate as grocery prices. Egg prices took off in January.

The spread of avian flu is creating an egg shortage that has spiked prices. Restaurant operators are struggling to cope with higher costs.

Price increases at restaurant chains slowed to 1.41% in the fourth quarter, according to Technomic, as the industry shifted to a more normalized rate of inflation.

Consumer confidence is improving and other economic indicators are trending up, operators said at this year’s ICR conference. But traffic remains a challenge.

Consumer confidence, value and West Coast wildfires were on restaurants’ minds at the annual investor conference in Orlando this week.

The inflationary gap between restaurants and supermarkets continued to narrow as the cost environment normalized.

Reality Check: Discounting isn't the only way of offering a head-turning bargain. Here are some alternatives that operators as diverse as Disney and the CineMark theater chain are trying.

Price-conscious consumers are swapping restaurant desserts for less expensive homemade or store-bought treats.

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