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prices

Financing

First Watch's traffic slides in Q1, but don't expect price-off specials to follow

 By Peter Romeo on May 07, 2024

Management at the daytime dining chain said it will focus instead on bringing back strong customer lures from the past.

Food

Chili's takes shot at the Big Mac with new Big Smasher burger

 By Joe Guszkowski on Apr. 29, 2024

The burger mirrors McDonald’s signature sandwich in almost every way and continues Chili’s efforts to steal share from fast-food chains.

Marketing

Meet the restaurant industry's new government adversary

By Peter Romeo on Apr. 29, 2024

Reality Check: The FTC wants the business to change several longstanding operating conventions. Has it heard why that's a bad idea?

Operations

Casual-dining restaurants have a value problem

By Joe Guszkowski on Apr. 15, 2024

Consumers say they’re getting less bang for their buck at sit-down places. Operators are working to change that while still protecting their margins.

Financing

High restaurant menu prices mean high customer expectations

By Jonathan Maze on Apr. 12, 2024

The Bottom Line: Diners are paying high prices to eat out at all kinds of restaurants these days. And they’re picking winners and losers.

Financing

Restaurant menu prices show signs of easing

By Jonathan Maze on Apr. 10, 2024

Prices at restaurants increased slower than the overall rate of inflation in March. But they still increased faster than they did at the grocery store.

Technology

Dynamic pricing startup Juicer raises $5.3M

By Joe Guszkowski on Apr. 09, 2024

The company uses AI and historical sales data to adjust restaurants' menu prices in real time.

Food

Matchbox lowers menu prices to get back to the concept's roots

By Patricia Cobe on Apr. 08, 2024

A value proposition is core to this metro Washington, D.C.-based casual-dining concept, and the new menu builds guest volume with affordable, chef-inspired food.

Financing

California throws a wrench into restaurants' value strategies

By Jonathan Maze on Apr. 01, 2024

The Bottom Line: The restaurant industry has a traffic problem and consumers are fretting about prices. But the $20 fast-food wage in California makes it difficult to market any kind of value.

Financing

Big Macs aren't McDonald's real inflation story. Instead, look to the Cheeseburger

By Jonathan Maze on Mar. 29, 2024

While the focus on restaurant menu price inflation has centered on premium items like the Big Mac, it’s in the smaller items, with fewer deals available, where prices have increased most.

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