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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.

The company is risking more traffic challenges with steep price increases, says RB’s The Bottom Line.

Grocers are raising prices, but restaurants are still increasing theirs at a faster rate, says RB's The Bottom Line.

Price may not even be the most important factor

Here’s how restaurants can promote value without focusing on price alone.

Other attributes rank higher than food quality when it comes to how much consumers will pay at restaurants, the research shows.

The maximum prices that consumers say they are willing to pay for fast-casual meals have gone up over the past two years, according to a recent study from Technomic.

The chicken-wing chain will up the cost to imbibe at its company-owned locations beginning in August.

A single cup of the super-premium java goes for $7.50 at the chain’s Reserve Roastery and Tasting Room unit.

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