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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