A new Restaurant Trends Report from Toast provides an interesting look at dining and delivery habits as the industry moves further beyond the challenges presented by three years of pandemic adjustments. Notably, only Kansas City and Charleston, South Carolina,...
Portillo’s CEO Michael Osanloo says his fast-casual brand is sitting pretty in a tenuous economy thanks to a three-part strategy exploiting the efficiency of multi-lane drive-thrus, luring “hero dads” inside the restaurants and doubling down on its most concentrated...
As economic headwinds persist, consumers across generations are adjusting their restaurant purchasing behaviors amid rising prices. A December study by PYMTS surveyed over 2,300 consumers who regularly purchase food from restaurants. It found that 88 percent of...
Amid so much economic upheaval, some restaurants are discovering the pitfalls of following the herd or relying on gut-level intuition to make critical pricing and menu decisions. One pricing expert with decades of experience argues that previous data and methods are...
Prices consumers paid for food away from home (meals from restaurants) increased 8.5 percent year-over-year in November, according to the final Consumer Price Index (CPI) report of 2022. The data remains almost unchanged to the prior month’s 8.6 percent index....
