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Emerging Brands

How Angie's Food Concepts aims to become the Walmart of restaurants

 By Lisa Jennings on Aug. 27, 2024

Fast food has an affordability problem and Tony Christofellis, who co-founded the Salad and Go chain, believes he knows how to fix it.

Technology

Dynamic pricing is a case of right place, wrong time

 By Joe Guszkowski on Aug. 27, 2024

Tech Check: Consumers are too on edge right now for restaurants to mess with pricing. It’s a shame, because the industry could use the boost.

Technology

Tech startup Juicer ends dynamic pricing product

By Joe Guszkowski on Aug. 27, 2024

The company said demand for its technology took a hit after Wendy’s “surge pricing” backlash earlier this year. It is shifting its focus to pricing intelligence.

Financing

Inflation-weary consumers are trading down, up and over to Cava

By Lisa Jennings on Aug. 22, 2024

For the second quarter, the Mediterranean chain reported industry-busting traffic growth of 9.5%. Why? It's perceived as a good value.

Technology

Politicians are accusing grocers of price gouging. Will restaurants be the next targets?

By Peter Romeo on Aug. 16, 2024

Reality Check: Supermarkets are suspected of exploiting tech to boost prices. You know, like the capabilities that are as common as napkins in the restaurant business.

Financing

Menu prices rise at double the inflation rate for groceries in July

By Peter Romeo on Aug. 14, 2024

New federal data shows restaurant prices running 4.1% higher than a year ago, compared with supermarket's 1.1%.

Financing

Potbelly finds sweet spot with $7.99 combo meal

By Lisa Jennings on Aug. 12, 2024

CEO Bob Wright is not a fan of more aggressive discounting but he wants to stop guests from trading down to their own refrigerators.

Financing

First Watch sees fewer visits but little trading down

By Peter Romeo on Aug. 06, 2024

Meanwhile, its aggressive expansion plan remains in place, with 130 development projects underway.

Consumer Trends

Fast food has lost its reputation as a cheap meal

By Joe Guszkowski on Jul. 22, 2024

Years of price hikes are driving consumers to grocery stores and even full-service restaurants, which are now viewed by some as a better deal.

Marketing

McDonald's will extend its $5 meal deal in most markets

By Jonathan Maze on Jul. 22, 2024

Most of the fast-food giant’s markets have agreed to extend the discounted deal past its one-month limit. But the approval came after a heavy dose of politicking.

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