Food
The impact of rising commodity prices on franchise restaurants
A major topic of conversation in the restaurant industry over the past 18 months has been the continued rise in commodity prices, especially for proteins. In 2012, beef prices rose 9.9 percent and chicken prices had a double-digit increase. These trends have continued in 2013, with the beef price pressure continuing a trend that started in 2010.
Food quality isn’t all-important at restaurants, new study finds
Other attributes rank higher than food quality when it comes to how much consumers will pay at restaurants, the research shows.