Taking a Bite Out of the Restaurant Industry
Sanford Bernstein’s Sara Senatore discusses the drought’s effect on restaurants. She speaks with Alix Steel and Pimm Fox on Bloomberg…
Tag: restaurant prices
U.S. Drought Threatens Restaurants With Higher Food Costs
The nationwide drought is threatening restaurants with higher food costs, but many chains say negotiating decent supply contracts, cutting other…
Restaurants Resist Price Hikes to Keep Cost-Conscious Consumers Loyal
The restaurant industry has taken quite a beating over the past several years as cost-conscious, recession-weary consumers pulled back on…
Restaurants fear rising fuel costs could jeopardize recovery
Two years after getting back on their feet, metro Atlanta restaurateurs are increasingly worried that rising commodities prices — especially…
Cash-Strapped Americans Largely Swallow Price Hikes During Holidays
The way Americans are chomping Big Macs, lacing up pricey sneakers and gulping peppermint mochas in this economy, you’d think…
Get Ready for Higher Restaurant Prices
Restaurants are poised to raise prices as Americans become accustomed to more expensive food at grocery stores. U.S. consumers paid…
Texas Roadhouse To Raise Prices 1% In July To Combat Higher Costs
Texas Roadhouse Inc. is raising its menu prices by about 1% in July, as the country steakhouse battles higher food…
Price increases are on the menu at restaurants
John Argentieri thought the $10.50 check for his pulled pork sandwich combo at Dickey’s Barbecue Pit in Oviedo seemed a…
Higher ingredient prices financially squeeze restaurants
Rising food and utility costs are putting a financial squeeze on restaurants, which are reluctant to pass the costs on…
Fuel costs cut into restaurants’ thin profit margins
After battling three years of declining sales as recession-wary consumers cut back on dining out, the trend line stabilized and…
Families May Be Dining Out More, But They’re Ordering Less
Cocktails might be trendy, but water is increasingly the beverage of choice for consumers dining out. A recent survey by…
Many restaurants expecting to raise prices
The cost of beef has gone through the roof, coffee prices are at a 13-year high, and even produce grown…
Leaving Profit on the Restaurant Table
Even the food industry’s most powerful players are accepting a spoonful of inflation. Shares of Sysco fell 6% Monday after…
With costs rising, restaurants debate price increases
It’s hard out there for restaurateurs. In what is — they hope — the tail end of the worst slump…
Rising costs send up prices at McDonald’s China
McDonald’s Corp raised menu prices in mainland China to offset higher food costs in the world’s fastest-growing major economy. The…