Tag Archive | food cost

Food Cost Control and What You Need to Know

Food Cost Control and What You Need to Know

If you want to control your food cost, first you need to know what food cost is. It’s described as “the percentage of total restaurant sales spent on food product.” Successful restaurants try to keep their food costs at 30% or less. So why is food cost so important? Because it’s one […]

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10 Restaurants Struggling with High Food Prices

10 Restaurants Struggling with High Food Prices

During the 1980s and 1990s, many restaurant chains set their sights on the middle class, offering reasonably priced meals that entire families could enjoy and afford. But as the middle class shrinks and inequality becomes more of an issue, these chains are hemorrhaging customers, and it’s ultimately going to doom […]

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Eight Tips and Tricks for Controlling Holiday Ingredient Costs

Eight Tips and Tricks for Controlling Holiday Ingredient Costs

Restaurant operators looking to reduce their supply chain costs during the holiday season should plan early for their LTO and traditional menu ingredients, according to Wade Winters, vice president, supply chain, with Consolidated Concepts. Additionally, operators should think about having a holiday-themed LTO provided the menu items fall in line […]

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ConsumerAffairs Serves Up the Ultimate Bacon Guide

ConsumerAffairs Serves Up the Ultimate Bacon Guide

Hot off the griddle, this guide has everything consumers need to buy the best bacon Hail! That most mighty of meats, and rejoice all who eat it!  ConsumerAffairs.com, a national leader in online consumer news and reviews, today released the ultimate bacon guide, available exclusively at http://www.consumeraffairs.com/food/bacon/. According to the […]

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Why Expensive Steaks Are Here to Stay

Why Expensive Steaks Are Here to Stay

From burger meat to prime steaks, the rising cost of beef from Canada shows no signs of easing anytime soon. To understand why, look no further than ranchers like Shawn Freimark who can’t afford to feed their cattle. A drought has parched pastureland throughout the biggest beef-producing provinces and left […]

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Awesome Ways to Control Food Costs

Awesome Ways to Control Food Costs

It’s no secret that food costs are hard to manage. Whether it’s from waste, theft, or simply not keeping track of stock, food costs can eat away at your restaurant’s profits. So what can you do to keep your food costs under control? Here are a few ideas to keep […]

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The Rising Cost of Food Prices and What's Ahead

The Rising Cost of Food Prices and What’s Ahead

You’ve probably observed the rising cost of the food you order for your restaurant. It would be hard not to notice—the price change hasn’t exactly been subtle! The USDA reports that meat prices are at record highs, and they’re only expected to get higher. Just this year, pork prices rose […]

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Bacon Prices Go Hog Wild

Bacon Prices Go Hog Wild

Inflation has increased the costs of food across the board, but some foods are creeping up in price faster than the rest. Tasty bacon brightens up burgers and desserts alike. Expect to pay more than ever for some thick slabs of pork belly due to the continuing drought in California. […]

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What Strategies Some Bars are Using to Increase Prices

What Strategies Some Bars are Using to Increase Prices

You may think that lower prices are always a good thing. After all, aren’t your customers looking for a deal? If you can offer them the cheapest drinks, doesn’t it follow that you’ll have customers to flocking to your bar? Not necessarily! The truth is, lower prices aren’t always better […]

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Food Trend: Pork Prices on the Rise

Pulled pork, pork tenderloin, and bacon on everything…pork is popular on most menus, and for good reason. It’s delicious, versatile, and most meat-eaters love it. But you may have noticed something not so awesome about pork recently…rising prices. You’re not imagining it! Pork prices have gone up about 4.5%, while […]

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For Restaurants, Composting Is a Welcome but Complex Task

When Mayor Michael R. Bloomberg’s administration revealed this week that he was rolling out a plan to make New York City residents separate their food scraps for composting, chefs and restaurateurs with an interest in sustainability welcomed the news. Composting can help the city manage its huge trash output, and […]

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Sonic CEO Cliff Hudson on Menu Strategy and Promotion

Cliff Hudson, chief executive officer of Sonic Corp., talks about the company’s menu expansion and growth strategy. He speaks with Sara Eisen and Tom Keene on Bloomberg Television’s “Surveillance.”

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Sonic CEO Cliff Hudson on Price Pressures

Cliff Hudson, Sonic Chairman & CEO, offers the real story on price pressures from the front-line. Sonic is the country’s largest chain of drive-in restaurants. Visit msnbc.com for breaking news, world news, and news about the economy

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Bennigan’s CEO on Rising Food Prices

Bennigan’s CEO Paul Mangiamele on the rising costs of food and its impact on sales.

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