by Emilee Wentland | May 20, 2025 | News
Restaurant operators can be scared to raise prices. Sure, it can make up for labor costs and inflation, but how will it impact consumer trends in the long term? To keep customers loyal to a brand, operators might go longer than they should without increasing menu...
by Bernadette Heier | May 11, 2023 | News Briefs
Chicago-based Chowly, a digital ordering platform using POS systems, has launched Smart Pricing, a solution aimed to help small and medium-sized restaurants maximize digital ordering probability. The new feature equips restaurants with the ability to optimize their...
by Beth Ewen | May 10, 2023 | Finance, News, Top Stories
Dynamic pricing is the rage among restaurants, but it’s difficult to pull off especially as inflation may be starting to ease. “Everybody seems to get into it at the late end of the cycle. When it gets to the late part of the cycle, people make bad...
by Tom Kaiser | Jan 19, 2023 | News, Top Stories
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...
by Bernadette Heier | Dec 1, 2022 | Briefs, Finance, News
When it comes to pricing, it’s the “topic on every restaurant, every company, and every CEO’s mind,” said Dylan Bolden, managing director and senior partner at Boston Consulting Group. Moderated by Alan Hickok of Boston Consulting Group,...