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Consumer Trends

3 anvils hanging over restaurateurs' heads

 By Peter Romeo on Dec. 20, 2023

Crystal balls tend to be hazy. Here are some what-ifs that may be difficult to tune in.

Financing

Restaurant menu prices keep rising faster than inflation

 By Jonathan Maze on Dec. 13, 2023

Limited-service restaurants raised prices 0.4% last month and 6% over the past year, even as grocery inflation continued to ease.

Financing

National Restaurant Association takes aim at FTC's proposal to kill add-on fees

By Peter Romeo on Dec. 07, 2023

The association wants operators to speak out against a ban on service fees, which have become increasingly popular at restaurants.

Food

Beef prices are soaring. It won't get better anytime soon

By Patricia Cobe on Dec. 07, 2023

With beef inflation expected to stick around for the next few years, steakhouses and meat-focused concepts are creating strategies to manage sourcing and the menu. It's all about being flexible.

Operations

Restaurants will need to tamp down menu price hikes over the next couple years, says BJ's Restaurant CEO

By Lisa Jennings on Nov. 30, 2023

At the Barclays Eat Sleep Play conference, Greg Levin said consumers remember prices from four years ago and have yet to adjust to the higher cost of dining out.

Financing

Why customers increasingly think restaurants aren't worth it

By Jonathan Maze on Nov. 29, 2023

A Deeper Dive: Consumer strategist and author Lisa Miller joins the podcast to talk about how consumers think about restaurants’ overall value.

Consumer Trends

Lower grocery inflation is pulling consumers away from restaurants, study finds

By Timothy Inklebarger on Nov. 20, 2023

About 25% of shoppers cooked for themselves or purchased ready-to-eat supermarket items during 2023, compared with a 17% rate last year.

Financing

Fast-food chain customers are getting sticker shock

By Jonathan Maze on Nov. 17, 2023

Limited-service prices continue to rise faster than inflation and are up 30% since 2019. That has more customers thinking their fast-food visit isn’t worth it.

Workforce

D.C. restaurants reel from a triple dose of woes

By Peter Romeo on Nov. 16, 2023

Eating places are closing at the rate of one per week because of the one-two-three combination.

Operations

Inflation eases, but not at fast-food restaurants

By Jonathan Maze on Nov. 14, 2023

Limited-service menu prices rose 6.2% over the past year, according to new federal data, and continue to rise at a rate much faster than overall inflation.

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