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Financing

A look at rising menu price inflation

Prices hit a 40-year high again in June. But overall inflation has been worse.

Financing

Restaurant menu prices hit another 40-year high in June

Prices for full-service restaurants rose 8.9% on an annual basis while fast-food meals increased 7.4% as overall inflation rose at its highest rate since 1981.

Marketing Bites: No, it’s not an April Fool’s joke; plus, White Castle pushes late night, Nando’s celebrates its South African heritage and more marketing news of the week.

The Asian bao chain is starting with 50 kiosks this week in Florida and Georgia through a partnership with Automated Retail Technologies.

The restaurant franchise operator also named Lynne Collier a new independent director. Ed Rensi, the company’s former chairman, will become vice chairman.

A Deeper Dive: Pat Cobe, senior menu editor for Restaurant Business, joins this week’s podcast to discuss the new “Subway Series” menu change and whether it will generate sales.

She has worked with the California-based juice chain for the past 11 years and will oversee operations.

The Bottom Line: The fast-growing cookie chain has been filing lawsuits against companies over mimicking its business ideas. It goes to the heart of one of its biggest risks.

The wing chain said the bot will make the kitchen more efficient, freeing up workers to wait tables.

Restaurant Rewind: Whew—we're not seeing another Herb The Nerd or a Soviet Fashion Show.

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