This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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!”
But it goes beyond figuring out how to source the freshest ingredients at the best price. Extreme Weather: By 2035, experts predict that higher temperatures alone will push up worldwide food prices by between 0.9 Negotiate Strategically : Don't be afraid to negotiate on price, payment terms, and delivery schedules.
Maybe hosting an event could pump some new life into your restaurant. We searched high and low for every restaurant event idea out there, then boiled them down to what we believe are the most exciting and effective restaurant events to keep regulars ecstatic and new customers talking.
While there was a brief dip in consumer awareness of menu price increases in late 2024, the spring of 2025 has seen a moderate rise, affecting dining habits and consumer perceptions of value. “With rising prices tied to eggs and imported goods, restaurants will need to think creatively about their menus,” Fink said.
The demand for earlier reservations provides restaurants the opportunity to get creative when it comes to driving traffic for second and third seating’s with memorable experiences, dynamic pricing, or late-night specials. Restaurants have an opportunity to offer premium, value-add experiences that justify higher price points.
From eyebrow-raising splurges and quirky simple essentials to cultural events and TikTok trends that pushed consumers to hit “add to cart,” I thought this would be of interest to you and your readers! This includes the desire for high-quality ingredients, as a result of increased awareness and global food knowledge.
By scanning this type of QR code, customers can opt-in to receive upcoming event details, promotional drops, happy hours and more–and should they choose an event of interest, they can even add it to their own personal calendars, ensuring they never miss out on the fun.
The chain has kept its menu prices 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
It just goes to show how important drink pricing and cost management are to maximizing profits. Bar profit margin and pour cost Some high-performing bars can reach higher margins by optimizing their costs and pricing strategies. Keep in mind that certain drinks can be priced higher due to their popularity or unique ingredients.
Aside from improving restaurant customer experience , market research also helps you make informed decisions about location, pricing, and marketing strategies. increase in average wholesale food prices compared to last year, you might want to update your pricing strategy. With the 4.5%
Creates a sense of exclusivity : Special perks make customers feel like VIPs, strengthening their connection to your brand. Limited-time offers like happy hour, seasonal specials, and holiday-inspired promotions tap into a persons fear of missing out (FOMO) and encourage immediate action. to drive spontaneous visits.
At the same time, economic uncertainty, consumer price sensitivity, and limited resources remain pressing concerns. In an era where price-conscious diners seek value more than ever, restaurant loyalty programs are becoming indispensable. Start small by choosing technology that connects easily.
Holidays provide restaurants with the opportunity to capitalize on the special moment by offering specials, events, and so much more exclusive to the holiday. With delectable pre-selected courses, the meal can feel more upscale and thus create an event that feels more special and memorable. Host a Party or Event.
Understanding your target market is the foundation of making smart decisions for your menu, pricing, and overall guest experience. Meanwhile, a fine-dining steakhouse targeting business professionals will prioritize a refined menu, premium pricing, and marketing efforts that focus on corporate events and high-end experiences.
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
Managing special occasion promotions is easier than ever with the best POS system features and integrated online ordering. Key Features to Consider in the Best POS System Promotion Management : Tools like automated scheduling to handle discounts for events like birthdays or anniversaries.
This "Super" special edition of Modern Restaurant Management (MRM) magazine's Research Roundup has a Super Bowl theme. 11, 2024, comparing it to the average Sunday in 2024 and found that: Wings win MVP with an 87 percent increase in sales The average price of wings ordered increased 18 percent.
Premium Emerging Brands Olive & Finch lets diners dictate how they want to experience the brand This growing premium fast casual out of Denver is expanding with an all-day menu priced no higher than $20. Part of the value offering is giving guests options for how they use the concept.
How do you prepare your team for specialevents or holiday rushes? Can you give an example of how you’ve managed a large event or special occasion at a restaurant? As a restaurant manager, how do you prepare your team for specialevents or holiday rushes? Clear communication is also key.
As a restaurant, you’ve got the opportunity to feed into that joyful excitement with specialevents for the season, so grab the chance before the winter holidays takeover! Serve Special (Spooky) Food and Drinks. Half the fun of Halloween is dressing up in something special. Incentivize.
Yes, when customers sign up for a loyalty program that offers benefits like discounts, or the opportunity to earn points, they are more likely to take interest in other ongoing or upcoming events and special offers in your company. However, competing based on price is not always the best way to win the race.
In the future, Kahn and the team are working on food pairing suggestions for the drinks, tequila tasting events and possibly, tequila subscriptions. “We Now the menu starts with Condado’s dips, which are followed by the beverage selections; tacos, burritos and other food options are on the other side of the menu. “It
Leverage a Local Event. Connect with the community and its residents by creating a promotion in line with an upcoming event. For example, if there is a music event or movie screening planned, offer take-out dinner boxes or pre-show happy hour snacks and cocktails at a specialprice. Reward Return Customers.
Restaurants, wineries, and hotels now need to offer more than just standard reservations – they need to sell premium experiences like chef's counters, wine tastings, cocktail classes, and specialevents alongside traditional bookings. This innovation remains central to our identity.
While it’s certainly possible to work with an agent who’s either a friend or family member, it may be advisable to look for an agent who has specialized knowledge in the food service industry and the unique risks and challenges that come with it. What Carriers Do You Represent that Specialize in the Food-Service Industry?
price point. The offers come two weeks after Pizza Hut introduced a line of premium Hut Lover’s Pizzas, each priced at $12.99. Traditional pizza chains have long competed on price, because consumers generally have little brand loyalty. deals this week as fast-food pizza chains work to reverse stubbornly weak sales.
Make a Special Menu, Don't Include Everyday Things. To do that, you can collaborate with your chef to come up with some happy hour specials that are both delicious and unique. Don't forget that the happy hour crowd is a price-sensitive bunch. Change Up Happy Hour Specials Every Week.
Idea #1: Host a Charity Event. Restaurant owners or managers can contact a local charity to coordinate a day where the restaurant will donate a percentage of sales to the organization, then both can work together to promote the event within their networks. Restaurants can also consider hosting a canned food drive or winter coat drive.
Restaurant guests in cost-saving mode are eating out less and more conscious of menu prices, according to Restaurants: Consumer Trends Fall 2022/Winter 2023 a report produced by Provoke Insights in collaboration with Modern Restaurant Management (MRM) magazine. The study was in-field from Autumn 2022.
Google also pulls in data like price range, categories ( like “brunch” or “outdoor patio”), your star rating, busy times, and snippets from reviews. price range, and star rating with number of reviews. family-friendly,” “vegetarian options”) 2. To read your reviews, customers click on the “reviews” tab in the toolbar.
Offering Bento Packs for individually portioned meals and a la carte buffet-style trays for customizable group settings, L&L’s catering options bring Hawaiian-style comfort food to events large and small throughout our locations nationwide. In what ways can operators enhance the dining experience while still providing value?
Halloween Specials and Menu Ideas for Restaurants and Bars ????? New spooky food and drink specials Unique, Halloween-themed food and drink specials are one of the most common ways bars and restaurants can spookify their business. Here are a few ideas for Halloween restaurant specials to offer this holiday season.
Convenience (66%) drives the majority of foodservice sales at convenience stores, but promotions and discounts (11%), taste (7%) and price (6%) are also driving sales that might otherwise go to a fast-food restaurant. Most c-store diners opt to eat in the car, either while parked or while driving.
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.
What price points are they comfortable with? Look at their pricing, menu offerings, branding, and customer reviews. Instagram and TikTok are great for visually appealing dishes and behind-the-scenes content, while Facebook is useful for updates, events, and engaging with local communities. Implement a rewards program.
David Portalatin, NPD Food Industry Advisor and author of Eating Patterns in America, said there are three ways consumers are responding higher menu prices: they trade down to lower-priced items; cut back on the number of items ordered; or reduce restaurant visits altogether. Increase in specials and promos.
Keep Your Hours Up to Date, Including Holiday Hours Your business hours should be accurate and up-to-date, especially during special hours or holidays. Keep it short and conversational; highlight what makes your restaurant special, your approach to food, or your story. A blurry menu photo from 2018 isn’t a good look.
Since we can’t get away from rising prices and supply chain bottlenecks, we can look for new approaches that can help manage the impact. Many restaurants are doing this by raising prices, cutting costs, taking items off the menu, and making do with lean crews. When is the season for the produce I want to work with?
Offer them a special deal for a later time. Maybe you already provide them with free rooms or a discounted price, but you can go above and beyond to thank them. Many business events and conferences are now canceled. That said, many of these clients will search for deals and offers to re-book their event this fall.
Instead of promoting items according to price or margin, promote what your customers love. Provide Free Meals on Special Occasions. Nothing creates loyal customers like remembering their special days and offering them free meals on those days. This strategy helps in creating a special bond between the customer and the outlet.
There are a few things restaurants can do to get ready for the Super Bowl: Stock up on supplies: Make sure you have enough food, drinks, and utensils to accommodate the increase in customers.Think of what's most likely to sell out first: finger foods, wings, pizza, kegs, napkins, special items, etc. Offer discounts and specials.
Oftentimes these properties boast a few a ’la carte restaurants, room service, special property events, banquets, weddings, buffets, and three meals a day in at least one of their outlets. The ability to execute events of more than 500 persons helps to build competence, speed, efficiency, and confidence.
This makes the day the perfect occasion for restaurants to offer special menus or wine pairings and to celebrate romance with their customers. Restaurants can make Valentine’s Day a profitable holiday by offering special menus and promotions that cater to couples celebrating a first date or an anniversary. Have a special for kids.
Continue to Site >>> Menu Panera Bread brings in a transformation strategist to aid its turnaround Newsletter Search Restaurant Business Search Login Subscribe Newsletter Login Subscribe Topics Consumer Trends Food Beverage Emerging Brands Operations Technology Marketing Workforce Leadership Financing Data Top 500 Chains Top 100 Independents Future (..)
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content