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Supermarket Food Waste Is a Big Problem. Is Dynamic Pricing the Solution?

EATER

In the bread aisle, you see two loaves identically wrapped; both are perfectly edible, but one is a day older and costs half the price. This is a business practice called dynamic pricing, and it may be coming soon to a supermarket near you. The price is changing throughout the [time] horizon.” Which do you choose?

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Chefs speak: 4 major issues for restaurants in 2023

Open for Business

The biggest issues that are top of mind for many chefs right now are the labor crisis , making menu changes that reflect the new normal, finding the right restaurant technology , and deciding which pandemic pivots are now permanent. Pricing became a flashpoint as well. Pricing became a flashpoint as well. Menu prices rose by 8.5%

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Hospitality trends restaurants should know in 2023

Open for Business

No one would have guessed that so many people would be working remotely in 2023, or that TikTok would become the next social media powerhouse. As guest preferences change and new developments in technology come out, keeping up to date can help you in several key ways. Some restaurants are literally bringing the farm to guests’ tables.

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Coffee News Recap, 9 Sep: US coffee shop sales to grow by 10.5% in 2022, August robusta prices increase by 9.2% & other stories

Perfect Daily Grind

Specialty Coffee Association announces 2023 UK Latte Art and Coffee in Good Spirits champions. Both competitors will represent the UK at the 2023 World Coffee Championships in Taipei in November 2023. Robusta prices increase by 9.2% CoffeeB says its products are compostable and will break down within four weeks.

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Coffee News Recap, 5 Aug: Brazilian arabica could rebound in 2023/24, September futures fall & other stories

Perfect Daily Grind

The September price fell 1.84% on Monday in spite of supply concerns brought on by extended dry spells in Brazil’s Minas Gerais. Brazil’s arabica production could rebound in 2023/24 season. Nestlé hikes prices over first half of 2022 as coffee sales drive recovery. American consumers saw a 9.8% Tue, 2 Aug.

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State of the Industry and More Restaurant Research

Modern Restaurant Management

In a State of the Restaurant industry report, the Natiional Restaurant Association sees a return to normal with predicted sales growth in 2023. million by the end of 2023. Competition is heating up : In 2023, 47 percent of operators expect competition to be more intense than last year. "The

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Coffee News Recap, 7 Apr: Coffee is still the US’ favourite beverage, 2024 World Brewers Cup & Cup Tasters Championship to be held in Chicago & other stories

Perfect Daily Grind

Mon, 3 Apr SCA announces 2023 UK Barista Champion. Ian Kissick of Formative Coffee in London placed first, and will represent the UK at the 2023 World Barista Championship in Athens, Greece from 21 to 24 June. This year’s High Density event to take place on 16 November 2023. SCA announces 2023 German Brewers Cup Champion.

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