Tag: money

People

The Minimum Wage Is Going Up in Some U.S. States and So Are Menu Prices

11 months ago

Higher wages are good news for employees and smart employers. And customers need to be realistic about prices, for once.

Operations

Spending at Restaurants in the U.S. Sets a New Record

1 year ago

Whether it's increased traffic or people paying more for their meals it's a good sign. But we sincerely hope it's the latter: Too-cheap food is bad for workers and for diners alike.

Operations

Millennials Are the Worst Tippers, Study Says

1 year ago

As multiple U.S. cities argue over the tip credit and minimum wage, both who tips and how they tip should be taken into account as we try to figure out the best way to fairly compensate employees.

Strategy

UK Report Pushes Back on Cash-Free Restaurants and Retail

2 years ago

We looked at this in a Megatrend this year and expect the payment divide to continue to be a dominant issue this year.

Chains

McDonald’s New Dollar Menu Is Already Paying off — in Foot Traffic

2 years ago

We are not math geniuses, but more and more people paying less and less isn't the long-term winning formula franchisees are after.

Independents

Taste Test: New York City’s $50 Cup of Coffee

2 years ago

A $50 cup of coffee may not be worth it for buyers, but it is certainly worth much more than that in terms of marketing.

Chains

Taco Bell Wants You to Know It Has Really Cheap Food Too

2 years ago

We know the value push has a lot to do with the state of the U.S. economy and the vast mass of people who don't make what they deserve. But at the end of the day, a race to the bottom of the $1 barrel is never a great one for any brand to be engaged in.

Chains

McDonald’s Is Starting a New Fast Food Price War With Its Revamped Dollar Menu

2 years ago

In a race to the bottom the winner's prize is just that, the bottom. If they need any insight into this, just have them call the airlines.

Operations

To Better Understand Inflation in the U.S., Look at Prices on Menus

2 years ago

The wrench in this theory, of course, is that there may just be too many restaurants right now.

Food

Truffle Prices Are Giving Chefs and Diners Pause This Season

2 years ago

It's a mistake not to educate diners about the true cost of ingredients. Let them know why the truffles will cost them — and restaurants — more this season.