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egg industry is grappling with a crisis that has sent shockwaves through the foodsupply chain. Prices have surged to unprecedented levels, driven by a combination of disease outbreaks, increased production costs, and regulatory changes. Since the outbreak began in 2022, the U.S.
Experts have deemed recovery from the pandemic “complete ,” but a new set of challenges has emerged for restaurants: labor shortages, disrupted supply chains, and extreme weather. Amid these potential disruptions, operators need a fresh approach to managing food costs. percent annually.
Steady Online Ordering Brings Food Waste, Donations to the Forefront of Priorities Ordering food online increases restaurant sales, but it also can potentially increase wasted food if proactive measures aren’t taken – for both the business and consumers at home.
How rising import taxes may reshape menus, pricing, and sourcing in the restaurant industry. The restaurant experience isnt just about great service and ambianceits deeply tied to ingredient sourcing and food costs. Supplier and Menu Shifts Some restaurants may respond by sourcing more ingredients domestically.
Menu pricing isnt just about covering costsits about finding that sweet spot where profitability, customer perception, and operational reality meet. Set prices too low, and youre leaving money on the table. Somewhere in between is the number that makes sense for your food costs, your market, and your restaurants unique position.
From labor to supply chain to utility bills, restaurant operators are feeling the pressure. That level of control has helped us reduce waste by nearly 75 percent during slower periods, in addition to serving our guests the freshest food possible. Rising costs are a reality in our industry.
While the cost of food waste isn’t a secret , you probably overlook it, considering it a part of doing business in this industry. It can help you fix discrepancies in ordering and inventory management , minimizing food shrink. The consumer price index for restaurant food costs increased by 7.7%
Everyone in the food industry is feeling the pinch of the economy with reduced consumer patronage in restaurants and even a reduction of produce consumption in the winter months. There are many areas where we have seen food service operators benefit! This makes business tight causing a hard look at any extra costs.
” “The volatile policy environment and the supply-chain effect is causing the entire food-away-from-home ecosystem to determine the impact on their financials. ” Higher tariffs will certainly cause prices to rise for U.S. ” Higher tariffs will certainly cause prices to rise for U.S.
The most accurate measure of land or CO2 “saved” by ordering a PLNT Burger is only attained if every purchase were originally intended to be for a fast-food beef burger instead. On its website, the restaurant describes itself as a place that “strives to source local, sustainable and organic when possible,” and lists its farmers on the menu.
It’s the foundation of knowing your actual food cost. Knowing the true cost per serving means you’re not guessing where to set menu prices. 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.
A bar is a profitable business option if you’re looking to enter the food industry. It just goes to show how important drink pricing and cost management are to maximizing profits. Start by tracking all the income your bar generates, including sales from drinks, food, and any additional services.
According to Mastercard Contactless Consumer Polling, more than half of Americans are now using some form of contactless payment, and several sources state that adoption rate is accelerating amongst younger consumers. That's why we instituted lower-priced lunch specials and made other adjustments.
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.
Every day, youre juggling staff, food quality, inventory, customer service, purchasing, and moreall while trying to cultivate a dining experience that wows your customers enough to keep them coming back. Customer Service and Experience Great food and drink is only truly enjoyed when its coupled with a great service experience.
Diners are increasingly conscious of the environmental impact of their meals, not just in terms of ingredients, but also how their food is packaged. The fear is understandable: rising costs, supply inconsistencies, and confusion about materials can make the change feel overwhelming.
Traditional coffeehouses have long outnumbered specialty coffee shops and roasters, and historic regulations have kept espresso prices unrealistically low. Simultaneously, many Italians conflate specialty coffee with unreasonably high prices. The Italian coffee sector is quite resistant to critique and change.”
Strong demand from the EU and US markets has driven this growth, despite persistent logistical bottlenecks and global supply shortages. As the C price dips to multi-month lows, this challenge may become easier to achieve. cents/lb – the lowest price since late January. London September ICE robusta futures fell by 6.4%
The restaurant industry has traditionally been riddled with waste, high energy and water usage, and deep ties to our intricate, often unsustainable, food system. The restaurant industry is known for razor-thin margins and is highly sensitive to shifts in the supply chain, agriculture and broader economic pressures.
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. Continue to Site >>> Menu Forget coffee.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.
In 2024, restaurants across the country saw an average five percent increase in transactions and an average eight percent increase in profits with only four percent caused by price hikes. In recent years, the food service industry has undergone a rapid transformation of automation and increased technology usage.
When you think of baseball stadium food , youre probably thinking of the classics: hot dogs wrapped in foil, buttery popcorn, a crinkly bag of Cracker Jack. One of the most important factors to consider, however, is that new menu items are hand-held or easily enjoyable finger foods. Heres how they got there.
High and volatile green coffee prices , along with increasing operational costs, are creating a more competitive market. Arabica prices reached all-time highs in February 2025 , prompting coffee businesses across the supply chain to reassess their sourcing strategies to secure more cost-effective coffees while maintaining quality standards.
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. Leveraging AI throughout all touchpoints and will not only be a trend but a need in 2025.
Rising food costs are putting pressure on restaurant marginsbut theres a smarter way to save. By replacing high-cost ingredients with more affordable, equally effective alternatives, operators can reduce food expenses by up to 30%. Restaurants can reduce food costs by 15-30% using smart ingredient swaps and data-driven tools.
Running a successful restaurant in 2025 means more than just great food—it requires smart financial decisions. With rising ingredient prices, labor shortages, and tighter margins, operators must find strategic ways to reduce restaurant costs without compromising quality or customer experience. Food cost control is crucial.
As whispers of an economic slowdown grow louder and fears of rising prices for food and equipment continue to rise, many shared kitchen operators are asking the same question: How can we stay resilient if a recession hits? Pro tip: monitor local and federal programs aimed at food infrastructure or workforce development.)
While working hard to bring customers back into the restaurant is very important for success, it has become more important to figure out the third-party equation in terms of pricing, commissions and fees, and value – which is ultimately the difference between success and failure. These core elements never go out of style.
Running a successful restaurant isn’t just about great food and service—it’s also about smart financial management. You probably joined the industry to make delicious food to serve and create a great environment for your patrons. It includes all the cost incurred on food and beverage, payroll, taxes, and benefits).
As a chef or restaurant owner, keeping food costs down without sacrificing quality can be a challenge. By swapping out expensive ingredients for more affordable alternatives, you can optimize your menu and significantly reduce food costs. This is perfect for testing ingredient swaps or handling seasonal changes in supply.
The lack of power obliterated thousands of dollars in perishable food and supplies at the restaurant, and the Iocovozzis assess the loss of revenue from the closure as approximately $80,000. We all need a place of gathering to enjoy and to relax and to be served and eat good food and feel comforted, Silver says.
Not a good idea unless you want to take the chance of selling a product that is not food safe and being sued! Attend industry trade shows such as the Fancy Foods Show which is in both New York and Las Vegas and coves all food categories both National and International to discover what’s hot on the market and what is over saturated.
Executive teams focused on supply chain strategy, pricing discipline, and consumer segmentation to weather the turbulence. Their playbook is all about keeping the doors open to price-sensitive customers without completely sacrificing margin. Domestic supply chain, menu consistency, steady pricing Texas Roadhouse +3.5%
returned the following response, derived from multiple sources: A couple things to note there: Though Thai-namite gets top billing, the AI doesnt link directly to its website, like it does for the other two restaurants mentioned. Beerline Cafe does not serve Thai food, but gets lumped in anyway for being vegan. Abdow said.
Data Gaps Hinder Pricing Strategies : 73 percent of operators lack full confidence in their pricing strategy, with most relying on gut instinct or competitor pricing instead of real-time cost analysis. In fact, 80 businesses on the list are priced under 30 dollars per person.
These on-again, off-again tariffs are, first of all, creating uncertainty as we try to plan our food and beverage budgets for 2025. Among households earning $50,000 or less a year, dining out is already less attractive because of higher prices, according to TouchBistro's 2025 American Diner Trends Report. Promote Seasonal Menus.
Accra, Ghana) Tue, 15 Jul – Lucky Cup opens 6,000th store amid China price war. Robusta prices fell to their lowest levels since May 2024 after Brazil’s crop reached 69% completion, as improved supply prospects outweighed remaining quality and demand concerns, according to Safras & Mercado.
Meanwhile, according to consumers, here are some opportunities for restaurants: Packaging : 90 percent say they’d order a greater variety of items if the food maintained on-premises quality during delivery; over half would pay more for premium packaging that supported quality during transport. percent for Starbucks, 4.3
Editor’s note For the first time since December 2024, the C price has fallen below US $3/lb. Accelerated selling in an effort to capitalise on high prices has also helped drive the C market down. illycafé CEO Cristina Socchia recently told Bloomberg that prices will continue to fall before levelling out between US $2 to $2.50/lb
According to CivicScience data, consumers say they’re likely to cut back on restaurant spending if tariffs lead to higher prices. For practical advice for restaurant operators, Modern Restaurant Management (MRM) magazine reached out to Phil Kafarakis, CEO of IFMA, The Food Away From Home Association.
But there is also kitchen art that pays homage to the many foods and beverages you love, or scenes that evoke places of culinary importance; happily cluttered cafe tables, bustling fish markets, and romantic still life oil paintings are all fare fodder for souping up your kitchens ambiance.
As economic pressures and fluctuating food costs persist, these technologies will be critical for maintaining profitability and ensuring long-term sustainability. Restaurants will respond by cutting back portion sizes and adjusting prices accordingly—something we haven’t seen in decades.
Unemployment remained low throughout the tightening cycle and wage growth is helping consumer purchasing power catch up to prices which today are rising more slowly. • The Global Supply Chain : The global supply chain today is functioning better than it was several years ago as we emerged from the pandemic.
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