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prices

Financing

Why restaurants will have to rethink price hikes in 2024

 By Jonathan Maze on Nov. 06, 2023

Consumers have been resilient. But they’re also paying more for food than ever before. Operators may need to look beyond price increases next year.

Operations

How California's fast-food bill will impact Chipotle's menu prices

 By Lisa Jennings on Oct. 26, 2023

Company officials say the required wage hike next year will increase labor costs up to 3%. And that cost will be passed on to consumers.

Financing

Restaurant prices keep rising faster than inflation

By Jonathan Maze on Oct. 12, 2023

Food away-from-home prices continue rising faster than grocery prices, even as they are more muted from previous years’ increases.

Financing

Restaurants still look expensive, and consumers are reacting

By Jonathan Maze on Sep. 20, 2023

The Bottom Line: Restaurants have stepped off the pricing gas. But sales are slowing and traffic is weak, and more operators are turning to price promotions.

Operations

Beef inflation pushes average burger price close to $16

By Joe Guszkowski on Sep. 11, 2023

The price of a burger rose about 2% from November to June as beef prices remained stubbornly high, according to data from Toast.

Financing

The restaurant check has grown entirely too complicated

By Jonathan Maze on Aug. 16, 2023

The Bottom Line: Service fees, health care fees, more tipping demands and higher prices have made the process of paying a bill more complex than ever. It may be time to rethink this.

Financing

Fast food chains have a traffic problem

By Jonathan Maze on Aug. 10, 2023

The Bottom Line: Customers are pushing back on higher prices and more brands are looking for ways to get diners to return more often.

Operations

Panera Bread expands Value Duets menu

By Lisa Jennings on Aug. 10, 2023

$10 and under appears to be the price position in fast casual as consumers look for value.

Financing

Did fast-food chains raise their prices too much?

By Jonathan Maze on Aug. 04, 2023

The Bottom Line: Papa Johns CEO Rob Lynch sounds the alarm on overly aggressive price hikes, suggesting the industry got “a little punch drunk” raising prices.

Financing

With less aid to buy groceries, SNAP recipients step up their fast-food spending, study finds

By Peter Romeo on Jul. 11, 2023

A new report shows that grocery inflation made restaurant meals almost as economical as cooking at home.

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