prices

As some commodity costs ease, should more restaurants lower prices?

By Lori Rakoczy on Mar. 13, 2023

Technomic's Take: Restaurants need to rethink their pricing strategy. While that may not mean lowering menu prices, there is one operator doing just that.

Financing

Restaurant menu price inflation is showing little sign of slowing

By Jonathan Maze on Feb. 14, 2023

The cost of a night out continued to grow last month as the gap between restaurants and grocery stores narrowed.

Food

Velvet Taco targets the college crowd

By Patricia Cobe on Jan. 25, 2023

Seven tacos and sides and a lineup of Happy Hour specials are on tap for students and locals seeking wallet-friendly food and drink.

Financing

How younger consumers are adapting to inflation

By Jonathan Maze on Jan. 25, 2023

A Deeper Dive: Lori Rakoczy, associate principal with Technomic, joins the Restaurant Business podcast to discuss the impact inflation is having on restaurant customers.

Financing

Here is how inflation is affecting Gen Z’s restaurant use

By Lori Rakoczy on Jan. 17, 2023

Technomic's Take: Younger consumers are not cutting back because of higher prices. But they are looking for the right deal. Here's how operators should respond.

Financing

Restaurant menu prices slowed in December

By Jonathan Maze on Jan. 12, 2023

Prices for restaurant meals rose 8.3% year over year in December as full-service operators slowed their price increases. Inflation as a whole also slowed down in the month.

Financing