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The 2024 Restaurant Industry Trends: A Year in Review

Black Box Intelligence

We will be issuing updates to these projections on our next quarterly Restaurant Industry Snapshot webinar. If brands have no choice but to raise prices, their focus should shift to delivering other parts of the value equation. Balancing Price and Value to Reach Success October 2024 marked a pivotal month for the restaurant industry.

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BJ's Restaurants promotes President Lyle Tick to CEO

Restaurant Business

I look forward to building on the foundations we have laid and continuing to work with Brad, the Board, the leadership team and our team members around the country as we execute on our strategies to position BJ’s for sustainable long-term success.” Houdek had been with the chain since 2019. Premium Financing Is Chilis as cheap as McDonalds?

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Restaurant Industry in Review: Trends from May 2025

Black Box Intelligence

Meanwhile, New England and the Midwest have had strong, sustained performance. Meanwhile, New England and the Midwest have had strong, sustained performance. When prices rise rapidly, trade-downs to lower price options, offered by LSR, and trade-outs towards grocery accelerate.

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How to Lower Restaurant Labor Costs and Boost Profitability: Quick Wins and Long-Term Solutions

ChowNow

In a recent webinar from ChowNow and 7shifts , experts from both sides addressed some quick wins and long-term plays that can help restaurants meet these challenges. As Sukh Singh from 7shifts emphasized during the webinar, gaining insight into your labor costs can help you make informed decisions about resource allocation.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Don't miss this brand new webinar! Save your seat today!

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10 Tips to Reduce Restaurant Food and Operating Costs

ChowNow

With inflation driving up the prices of ingredients, utilities, and labor, it’s become increasingly difficult to maintain profitability. Implementing cost-saving measures not only helps in sustaining business operations but also ensures long-term success by improving financial stability and resilience.

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Top 3 Takeaways from Black Box Intelligence’s State of the Industry Webinar

Black Box Intelligence

Every quarter, Black Box Intelligence has the privilege of hosting executives from the top restaurant chains in the country for our State of the Industry (SOTI) webinar where we reveal the latest trends and insights driving today’s restaurant experience.