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Culinary and Cocktail Trend Forecasts Kimpton is returning with its annual Culinary + Cocktail Trend Forecast highlighting predictions from its global team of restaurant and beverage talent. Freeze-Dried Fruit & Veggie Powders Freeze drying fruits or vegetables enhances both flavor and texture in beverages.
How rising import taxes may reshape menus, pricing, and sourcing in the restaurant industry. These policies, which will affect a wide range of imported goods, could ripple across the food and beverage industry in the form of higher prices, tighter margins, and evolving menus. With new U.S.
02, 2025 Facebook Twitter LinkedIn Wholesale egg prices have fallen 67% since their March peak. The 2,000-unit breakfast chain on Monday announced that it has lifted its 50-cent per-egg surcharge, which it instituted in February to help manage sky-high egg prices. By Joe Guszkowski on Jul. Thanks for understanding!”
These chefs might know how to source the finest ingredients, but no one’s taught them how to negotiate the price of those ingredients or keep suppliers from quietly eating away at their profits. Sales reps may come back with a price comparison guide that shows lower prices on specific items. Be wary of common tactics.
In 2024, restaurant traffic slowed while price sensitivity grew. Moreover, three out of four respondents believe restaurant prices are higher and high prices are the primary reason for cutting back on restaurant spending. Sustained loyalty is the goal in this highly competitive, price-driven market. Continued trepidation.
While they might look like simple menu swaps, they’re one of the most strategic components in a restaurant’s recipe for success. Whether due to timing or space, some standout items that don’t quite fit the core menu will sometimes make a return. That’s the real recipe for successful menu innovation.
Todays consumers are very knowledgeable about ingredients, and theyre looking to beverages to conveniently manage their health. Spins sales data found that 39% of beverage sales are dedicated to products that promote health and wellness. Hermanowicz recommends starting with iced tea as it has long-time roots on restaurant menus.
The unfortunate answer is price increases in general for both food and drink and narrower margins than already experienced by restauranteurs. Most of these increases in costs will be passed on to the consumer by higher menuprices. Tariffs on agave products from Mexico could see significant prices increases.
In response to rising food costs, 56 percent of respondents said they planned to increase menuprices, down from 61 percent earlier in the year, and 18 percent said they doubled down on inventory and waste tracking, up two percentage points. Baked Goods and N/A Beverages saw growth in 2025.
Adding pressure, price perceptions remain high. Almost four out of five RMS respondents feel restaurant and grocery prices have increased compared to the previous month. Bureau of Labor Statistics shows restaurant price increases continue to outpace grocery inflation. That doesn't always mean lower prices.
Integrating Bitter Into Beverages and Beyond In beverage programs, bitter ingredients have long had a foothold. Educating patrons on how bitterness can actually enhance enjoyment — just as salt sharpens sweetness — requires thoughtful menu language and trained front-of-house staff.
Fast-casual Condado Tacos—which prefers calling itself “next-gen casual”—has long had a bar program with a selection of conventional margaritas and beers to go with its Mexican-style menu and vibe. But those same margaritas had been on the menu since 2014 when the bar, so to speak, was set a bit lower.
Tracking it correctly will: Reveal accurate profit margins Help set profitable menuprices Flag operational problems Support better budgeting Help you stay competitive Yet, despite its importance and the advantages of using it, many operators don’t calculate it regularly or aren’t confident they’re doing it correctly.
The chain has kept its menuprices lower than inflation, and it has invested in other limited-time specials, such as its popular Never-Ending Pasta Bowl, in an effort to appeal to price-conscious consumers. It plans to keep prices down while also adding more lower-priced items to the menu. “If
A Dilemma of “Super Size” Proportions Amid rising food prices and shifting consumer preferences, the restaurant industry is facing a dilemma of “super size” proportions. percent menu-price inflation rate. Red Robin climbs 3 percent to 78 thanks in large part to its focus on menu and food.
When you decided to open a restaurant, you probably didnt picture yourself glued to spreadsheets or tracking the price of eggs, but keeping an eye on the numbers is how you stay open year after year. That includes the ingredients and packaging for your menu items, but not things like rent and payroll. added up to $60,000.
29, 2025 Facebook Twitter LinkedIn The Farmstand Fresh & Affordable Menu offers six Dipping Boxes, starting at $9.99 | Photos courtesy of Farmer Boys Combo meals are a dime a dozen these days, as chains strive to deliver the value cash-strapped consumers are demanding. There are six combo meal boxes, with prices starting at $9.99.
This desire is fueling a surge in food and beverage brand partnerships and collaborations. Consumers are increasingly looking for convenience, ingredient transparency, nostalgia, and brand familiarity, particularly in food and beverage categories. What current retail trends are influencing licensing strategies in the F&B industry?
Knowing the true cost per serving means you’re not guessing where to set menuprices. When done correctly, dish costing helps you control food costs, reduce food waste, and price items in a way that supports your restaurant’s financial health without alienating guests. Every smart pricing move starts here.
Segments like the College and University sector are attempting to plan budget for FY 2026 and are not able to get reliable pricing from their partners across the supply-chain. ” Higher tariffs will certainly cause prices to rise for U.S. ” Higher tariffs will certainly cause prices to rise for U.S.
According to a Gallup poll, guests only look at your menu for 109 seconds before ordering. Menu engineering uses real data to show you which items are the most profitable and should be your main focus. See how your menu items are performing with our free menu engineering worksheet. What is menu engineering?
McDonald’s sales have been sluggish over the past year, driven largely by the economic environment and consumer frustration over prices. The company has been using a combination of value offers, notably the McValue Menu, and marketing to get customers in the door. and internationally. and internationally. and internationally.
It’s similar to the rise in non-alcoholic beverages—people still want the taste of a great beer but may prefer one with low or no alcohol. Thus, finding the right balance between maintaining high quality and keeping prices reasonable is crucial.
Operators would see increased prices in their supply chain, resulting in rising costs to their guests as well. Depending on a guest’s allergies or dietary preferences, AI can suggest personal picks from a restaurant’s menu, for example. They're seeking value without compromising on quality or experience.
per share in cash, a 65% premium on the company’s share price as of April 30, before media reports suggested the company was for sale. The company’s stock price has fallen by more than 72% since that IPO, even after a recent uptick brought on by the sale reports. Olo shareholders will receive $10.25
From elevated comfort food to trending global flavors, operators are using Philly in inventive ways that bring signature flavor and premium texture to the menu. 09, 2025 Facebook Twitter LinkedIn Kraft Heinz Versatile, consistent, and built for culinary creativity, Philadelphia Cream Cheese is The Original that chefs trust to do it all.
Everyone deserves a drink at a bar, even if that beverage does not include alcohol. Let's dive into the mocktail trend, looking at how it differs from typical non-alcoholic drinks like a virgin Mojito, and the best ways for a bar to include mocktails on their menu. Ask any bartender and they'll say the same exact thing.
Menupricing is a delicate dance. Just when you've found the ideal menu item price, the cost of eggs skyrockets and you're back to square one. To make up for these prime costs, most restaurants add a "markup" to their menuprices. Food cost percentage pricing strategy 1.
Food Costs (COGS) Your food costs, or cost of goods sold (COGS), include everything that goes into producing your menu items, including: Recipe ingredients Beverages Condiments Disposables, like to-go containers, straws, and napkins Tracking your food costs percentage helps you understand how much of your revenue is being spent on your menu.
This set the precedent for future astonishing auction prices, which have since surpassed US $10,000/kg. With the 2025 BoP auction scheduled for 6 August, all eyes will be on the bidders of the 97- and 98-point coffees, as many eagerly anticipate the extent of the prices they’re willing to pay. in the year-ago period.
The of-the-moment menu updates are part of sweeping rebrands at the two chains under owner Ascent Hospitality Management. With the new identity set, Ascent then turned to the chain’s menu. It ultimately changed about 50% of the dinner menu, adding new appetizers and handhelds as well as more complex flavors and modern ingredients.
Below are key strategies to help improve your happy hour menu and boost sales. Surveying customers or analyzing sales data can help pinpoint which changes to the happy hour menu could spark interest. READ: Why you should consider adding tiny cocktails to your restaurant bar menu 3.
Financial restaurant KPIs give you visibility into your costs, pricing, and ultimately, your profitability. Cost of Goods Sold (COGS) Cost of Goods Sold tells you how much it actually costs to make the food and beverage sales you sell. This includes kitchen ingredients, beverages, and packagingbasically, all of your raw materials.
The research found that businesses worldwide – particularly restaurants – intend to experiment more in 2025, especially with customer retention programs like loyalty, as they face the triple challenge of sustained high inflation, shrinking consumer wallets and the need to raise prices across the board.
Editor’s note In the days leading up to the 2025 Best of Panama auction, many in the industry placed their bets on a new world record price for coffee. While it may seem impossible for a kilogram of coffee, even Gesha, to sell for such an unbelievable price, these predictions came true.
You’re juggling food costs, quality standards, and timely deliveries, all while trying to keep your menu profitable and your customers happy. But with the stakes so high, you can’t afford to lose out on better pricing or better terms. Negotiate Beyond Price: Don’t just focus on price.
With rising ingredient prices and tight profit margins, understanding the food cost formula can make the difference between financial success and failure. By accurately calculating food costs, restaurant owners can set the right menuprices, reduce waste, and maximize their profits. Whole Wheat Bun $0.30 Avocado(1/4) $1.20
price point. Meanwhile, on Tuesday the Detroit-based Little Caesars announced a “More for $9.99” menu, allowing customers to choose from a selection of bundled value offers. The offers come two weeks after Pizza Hut introduced a line of premium Hut Lover’s Pizzas, each priced at $12.99. By Jonathan Maze on Jul.
Continue to Site >>> Menu Forget coffee. Wishnow, a former Dunkin’ and Taco Bell franchisee, tapped menu consultants and brand builders The Culinary Edge to design a menu that falls somewhere between Salad and Go and Sweetgreen, price-wise. The way Greenlane prices its menu has evolved since the first unit opened in 2023.
The casual-dining chain is introducing two new menu categories, bowls and bites, featuring a selection of items ranging in price from under $10 to $16. During an earnings call Tuesday, executives said the new options essentially amount to a price cut, a nod to customers who may be looking to save some money.
Foot traffic or heat mapping, menu item engagement, or consumer demographics by time of day. ” Value-Driven Dining for the Modern Consumer – In a time when consumers seek out both quality and quantity, L&L continues to provide substantial portions at an accessible price point.
And the idea is to give guests more choices, while giving them control over the experience and price. stores, and the menu will evolve as they see what works. The menu also includes boba, fruit teas and other drink options. People then were reluctant to share communal pots of broth, but now Gen Z guests love a shared experience.
Examples include: Food and beverage costs Hourly wages for staff Takeout packaging and containers Credit card and online processing fees These costs are usually the easiest to adjust and optimize in real time. Most restaurants food cost percentage should fall somewhere between 28%-35% , depending on your concept and pricing strategy.
Homegrown rivals like Luckin and Cotti are outperforming the coffee giant, offering consumers similar quality drinks at a fraction of the price. In a bid to compete, Starbucks announced its first-ever price drop in China in mid-June, lowering the price of selected drinks by an average of 5 yuan – although it denied a price-war strategy.
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