The Consumer Price Index report for February increased 2.8% year-over-year, compared to 3% in January, showing signs of cooling and driven largely by a 4% drop in airline fares. Despite significant ...
Data from the BLS, Toast, and YouGov reveals that some menu items at restaurants are increasing in price more quickly than others. Ingredients like beef and coffee have been hit especially hard, ...
The fast food spot's dynamic pricing is similar to how ride-share apps like Uber increase prices during heightened demand Sabrina Weiss is the Editorial Assistant of PEOPLE's food department. She ...
After complaints about rising menu prices post-pandemic, McDonald’s is rolling out the 'McValue 2.0' initiative, which features a revamped value menu featuring new discounts and budget-friendly meals.
The company plans to introduce dynamic pricing as early as 2025 along with digital menu boards that would reflect price changes, Wendy’s chief executive said during a February earnings call. By Lola ...
Noodles & Company’s third quarter earnings showed progress from a challenged second quarter in which customers pushed back against aggressive price hikes. During the previous quarter, for instance, ...
Data from more than 150,000 restaurants makes it clear that even small monthly bumps can reshape your bill, pushing up the price of familiar items like burgers, wings, and coffee. After two years of ...
Cracker Barrel Old Country Store's stock has fallen over 20% in the past year, but a rebound is possible if management takes corrective action. Increasing menu prices is the biggest lever for ...
One issue that is part of the restaurant industry dialogue these days is “customer price resistance.” Anyone who’s dined out recently has certainly felt the impact of restaurant price inflation.