Restaurant News Roundup, 08/14/2024

While restaurant prices continued to outpace grocery prices last month, the increase has slowed according to the latest CPI report by the U.S. Bureau of Labor Statistics.  Read more here: https://www.nrn.com/finance/restaurant-menu-prices-decelerate-continue-outpace-grocery-prices   The new incoming CEO of Starbucks, Brian Niccol, has a short time window to turn around the faltering […]

Restaurant News Roundup, 03/16/2023

The latest U.S. Labor Department figures show restaurant menu prices continue to outpace inflation at supermarkets and other food outlets, rising by 8.4% year over year in February.  Read more here: https://www.restaurantbusinessonline.com/financing/restaurant-menu-price-inflation-not-slowing   Starbucks and McDonald’s continue to be the world’s most valuable restaurant brands, according to a new report […]

Restaurant News Roundup, 03/01/2023

Higher menu prices and continued pent-up demand will drive up food industry sales by over 6% in 2023, according to a forecast by the National Restaurant Association.  Read more here: https://www.nrn.com/operations/foodservice-sales-hit-997-billion-2023-national-restaurant-association-forecasts   McDonald’s CEO has lashed out against regulatory efforts at the state and federal levels that he says could […]

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