Culinary Cues

JANUARY 20, 2024

There’s a reactionary movement that I keep seeing in restaurants; a movement that assumes the answer to the restaurant bottom line is to take more and give less or give too much to justify raising prices. A menu should thus be designed and priced to make those items seem essential.

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Xtra Chef

FEBRUARY 5, 2020

Menu pricing can seem daunting. To start, it’s a numbers game that involves calculating plate cost and a target menu price. But successful menu pricing is so much more than this. In this post, you’ll learn how to price a menu by considering all factors that determine your position on a price continuum.

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Cheetah

DECEMBER 10, 2021

Cooking oil prices reached an all time high this October. Cooking Oil Prices Triple amidst Global Shortages. The first years of the pandemic came after nearly 6 years of low vegetable and crude oil prices. Now, economies and restaurants are accelerating activity, but shortages are causing cooking oil prices to skyrocket.

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Perfect Daily Grind

FEBRUARY 25, 2020

And businesses that don’t serve these risk losing out to competitors. But which cold and sparkling drinks should you be serving? Why Serve Cold & Sparkling Drinks? Serving nitro coffee on tap. Which Drinks Should You Serve? And how can you do this profitably and efficiently? Let’s take a look. Menu Variety.

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Culinary Cues

AUGUST 21, 2023

Food was only surpassed by the breadth of wine lists and depth of distilled beverages, high priced art on the walls, enormously expensive glassware, Italian bone china plates, and custom sterling flatware. The entire experience was elevated and so were prices. In some form, this will return. This will, in some form, return.

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Culinary Cues

APRIL 29, 2024

Reactionary approaches involve increasing rates of pay, dumbing down menus, reducing hours of operation or levels of service to limit the number of employees needed, raising prices to compensate for higher rates of pay, reducing portion sizes while raising prices, or even looking at automation and technology to “right the ship.”

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Sling

NOVEMBER 3, 2022

One of the keys to running a successful business is choosing the right retail price strategy. If you set your price too low, you may have a hard time turning a profit. If you set your price too high, you might lose market share. Retail pricing defined. What goes into choosing the right retail price strategy?

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Culinary Cues

MAY 20, 2024

He would not have been opposed to raising prices if the experience had proven value and wowed the guest. He would not have been opposed to raising prices if the experience had proven value and wowed the guest. PLAN BETTER – TRAIN HARDER “We are ladies and gentlemen serving ladies and gentlemen.”

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Modern Restaurant Management

MAY 21, 2024

In its place, we’ve seen an explosion of specialty beverages that serve as enticing add–ons or stand-alone orders. While three in four survey respondents believe restaurant prices are higher, other factors, such as flavor, outweigh price when ordering specialty beverages, particularly in the full-service segment.

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The Restaurant Times

FEBRUARY 7, 2023

Menu pricing is one of the most underestimated aspects of restaurant management. If your customers don’t think the prices on your menu are reasonable, how great your concept or your food is won’t matter much. This is where the concept of dynamic pricing comes in to help restaurants! What Is Dynamic Menu Pricing?

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Perfect Daily Grind

APRIL 21, 2023

However, experts remain unsure of the effect this may have on annual contract prices, including for coffee. The new board includes Bill Koschak, who currently serves as CFO at Calyxt, a plant-based synthetic biotechnology company. Expo Café Uruguay 2023 to be held on 12 and 13 August.

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Evergreen

FEBRUARY 8, 2024

A restaurant website serves as a virtual storefront, providing potential customers with a glimpse into the dining experience they can […] The post Restaurant Website Design Price: Everything You Need to Know appeared first on Evergreen.

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Evergreen

FEBRUARY 8, 2024

A restaurant website serves as a virtual storefront, providing potential customers with a glimpse into the dining experience they can […] The post Restaurant Website Design Price: Everything You Need to Know appeared first on Evergreen.

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Perfect Daily Grind

MARCH 18, 2022

Starbucks also announced it will relaunch the automatic single-serve Clover brewing system in its US stores. Robusta prices rise in Brazil as a result of decreasing arabica production. Global coffee prices continue to increase over 17 consecutive months, despite the Russian invasion of Ukraine. US cents/lb in February 2022.

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7 Shifts

MAY 23, 2024

During this time, your customers scan the menu, go through the descriptions, and review the prices before deciding. Offer smaller portions as options Large and generous food servings are usually welcomed by customers who love a good deal, as they can get more food by paying less. This is according to a study by Toast.

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Cheetah

SEPTEMBER 30, 2021

But the root cause of the current food chain crisis and rising food prices runs deeper than that. Learn how this affects your business, from restaurant suppliers struggling to keep up, to rising food prices led by labor shortages and increased consumer demand for quick, cheap food. Energy prices are very high right now too.

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Touch Bistro

JUNE 16, 2021

Running a restaurant is no different, and if you want to be profitable and succeed over the long term, your restaurant menu pricing needs to be accurate. But, how do you accurately price your menu items? Restaurant Menu Pricing Based on Ideal Food Cost Percentage. An Example of Pricing a Menu Based on Ideal Food Cost Percentage.

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Culinary Cues

APRIL 22, 2024

Shrinkflation” is a descriptor for reducing the size of packaged goods while either keeping selling prices where they were or raising prices while portions are being reduced. Grocery stores try to eliminate cashier positions (yes, I know how hard it is to find help) and opt for self-check-out but do so without lowering prices.

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Apicbase

OCTOBER 28, 2022

If CoGs and overheads rise due to inflation, your menu prices should follow. That way, you can keep price increases minimal. In normal circumstances, when menu prices have to be adjusted, it is usually done strategically and with great caution. Drastic price hikes are the last resort for restaurants. You can’t guess.

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Culinary Cues

FEBRUARY 2, 2024

Changing how we view our concepts, menus, pricing structure, our staff, marketing, and the list goes on has never been more critical. That they are to present themselves as ladies and gentlemen, serving ladies and gentlemen (The Ritz Carlton Credo). Yes, I have been preaching the need for change in restaurants.

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Perfect Daily Grind

JULY 22, 2022

Brazil’s arabica prices highest since 1997/98 crop year. Arabica prices reached BRL 1,325.65 (around US $241.07) per 60kg bag for the 2021/22 season – representing more than a 65% price increase per bag compared to the previous crop season. US cents/lb earlier this month, while robusta prices rose by 3.6%

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Indoor Media

JULY 26, 2018

Fast-serve restaurants are quite a force in the food industry and don’t appear to be dwindling. Even during difficult economic times, people still enjoy the convenience and the lower price of fast-serve restaurants compared to more formal full-service restaurants. Then, customize it to fit your unique business and price points.

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EATER

MARCH 21, 2022

District of Columbia Attorney General Karl Racine is suing Grubhub for deceptive business practices, saying its food delivery app covertly inflates prices for diners who order through it. consumers expect that the menu prices listed on Grubhub are the same prices offered at the restaurant or on the restaurant’s website,” it says.

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Bingage

JANUARY 23, 2023

McDonald’s has been serving burgers and beverages for roughly three-quarters of a century. You and your wife sit down to think of affordable options for a birthday treat, and suddenly on TV, the daily soap serial on Starplus breaks into ads, the very first ad you see was the Happy price menu from McDonald’s Ads. shared, Pandey.

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Apicbase

JUNE 2, 2022

But… there’s another side to the restaurant profitability equation — menu pricing. What is menu pricing? Menu pricing is the process of assigning a sales price to your menu items. Unfortunately, in its strive for efficiency and leanness, the restaurant industry is still sleeping on data-driven menu pricing.

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7 Shifts

JUNE 4, 2021

Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. It also plays a key factor in pricing your menu. For table turnover rate, you need the following information: Number of parties served in a given period. Employee turnover rate.

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Restaurant Clicks

FEBRUARY 6, 2020

The restaurant, which serves quick-serve, build-your-own burritos, tacos, and salads, is located at 212 Market Street in the heart of Old City, Philadelphia. . Burrito Bonito joins the ranks of other quick-serve burrito joints like Chipotle and Qdoba. Their guacamole is made fresh in-house daily.

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Restaurant Clicks

APRIL 28, 2021

You can now head to certain movie theatres that serve alcohol and watch the big screen with different drinks and food. You can’t pre-book for movies here as it runs on a first-come/first-served basis. However, this gives you plenty of time to enjoy their low-priced meals and beverages for a unique theater experience.

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Restaurant Clicks

FEBRUARY 6, 2020

The restaurant, which serves quick-serve, build-your-own burritos, tacos, and salads, is located at 212 Market Street in the heart of Old City, Philadelphia. . Burrito Bonito joins the ranks of other quick-serve burrito joints like Chipotle and Qdoba. Their guacamole is made fresh in-house daily.

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Serving Seasonal Menu Online Ordering Customer Experience 78

Culinary Cues

AUGUST 19, 2023

Prohibition and the Speakeasy: Prohibition from 1920-1933 made it illegal to produce, distribute, serve, or consume alcoholic beverages except as a sacrament in the church and for medicinal purposes prescribed by doctors. Speakeasies did oftentimes serve food, but it was not the centerpiece of their existence.

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The Restaurant Group

SEPTEMBER 21, 2019

. Menu Pricing: Getting the Food and Drinks Pricing Right: The Difference Between Succeeding and Going Under. . Yes, having good quality food and drinks is the key to success, but so is the pricing. Always Be On the Lookout for Better Prices. Have an Idea of the Formula Commonly Used to Calculate Prices.

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7 Shifts

MAY 23, 2024

Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. For example, if you notice that some of your customers don't eat the vegetables you serve as a "side dish" for your meals, you can make it optional or an add-on.

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Perfect Daily Grind

JUNE 10, 2022

Robusta prices drop as Brazil continues 2022/23 harvest. Between 29 April and 31 May, robusta prices dropped by 10.57% to BRL 708.25 Arabica prices hit three-month high following on from Brazil’s drought concerns. Charlesworth has previously served as the chain’s Chief Financial Officer and Chief Operating Officer.

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Modern Restaurant Management

FEBRUARY 14, 2022

Menu and Price Points. This includes places that may be a price point above or below yours. Closely related to the menu and price point is the quality of food your competitors are serving. If they are charging high prices for mediocre food, your restaurant could charge higher prices for better. Food Quality.

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ChowNow

MAY 22, 2024

Running a profitable restaurant isn’t just about selling more food or serving more diners; it’s also about efficient inventory management. Prices of ingredients, supplies, and packaging fluctuate all the time, while impacting the bottom line. Here’s what the experts shared with us.

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The Restaurant Times

SEPTEMBER 4, 2020

Pricing menu items for your restaurant business is one of the most challenging yet essential tasks. There are multiple ways of pricing the restaurant menu correctly. Or, serve meals at lower prices than your competitors. You can also work around your margins and quote a price that covers the essential cost.

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Modern Restaurant Management

MAY 8, 2024

Prices for real estate, inventory, and labor are rising. Whereas most global consumers think it’s acceptable for QSRs to automate ordering, checkout, serving, and even sanitation tasks, the majority do not find this acceptable for table service. What should restaurant operators take away from these results?

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