Tag: Menu Pricing

Luxury London Restaurant Will Tailor Pricing According to Customer Demand | Eater London

Luxury London Restaurant Will Tailor Pricing According to Customer Demand | Eater London

It’s a bold move from an institution clearly aware of its status, willing to compromise something of its exclusivity, as owner Leonid Shutov notes: “To stay competitive, we need to be able to serve people a fantastic lunch without charging ridiculous prices … One of the ways of doing that is ensuring a more even […]

Red Robin Makes Nationwide Announcement On All 570 Locations — Direct Result of Failed Liberal Policies | Your Daily Breifing

Red Robin Makes Nationwide Announcement On All 570 Locations — Direct Result of Failed Liberal Policies | Your Daily Breifing

On Monday, the national restaurant chain Red Robin announced it would eliminate busboys at all of its 570 restaurants, as the company expects it will save $8 million in 2018 by doing so. Red Robin’s chief financial officer Guy Constant told attendees at the ICR retail conference, “We need to do that to address the […]

Companies divided on raising prices or slashing benefits to handle wage hike | 680 NEWS

Companies divided on raising prices or slashing benefits to handle wage hike | 680 NEWS

TORONTO – Signs announcing price increases and letters to employees slashing benefits have grown rampant in Ontario, revealing two very different approaches businesses have gravitated toward in the wake of province’s minimum wage hike. Some Tim Hortons franchises have faced significant backlash after cutting paid breaks and forcing workers to cover some of their dental […]

Forget Subway’s $5 Footlong, It’s $4.99 (For Now) | CMO Strategy – AdAge

Forget Subway’s $5 Footlong, It’s $4.99 (For Now) | CMO Strategy – AdAge

Subway has tried a variety of campaigns from a variety of agencies in the past few years aimed at getting customers to stop thinking about its $5 Footlong sub sandwich. Now it’s shaving a penny off that abandoned price point and hyping the price in the hopes of getting people to think about visiting the […]

In this Chennai restaurant – the food is served hot – by robots | Moneycontrol.com

In this Chennai restaurant – the food is served hot – by robots | Moneycontrol.com

To add to the cool factor, the restaurant has a selfie corner outside for people who want to take one with the robots. Besides the unique theme, the pricing strategy also seems to work for the restaurant. As per The Hindu report, the average cost for a table of two is Rs 1000. The duo […]

Business Lessons Any Entrepreneur Can Learn From a Failed Restaurant | AllBusiness.com

Business Lessons Any Entrepreneur Can Learn From a Failed Restaurant | AllBusiness.com

This is a good idea for any new business owner: Do a test run of your business idea. Do a proof of concept. Start small and see if you can make money first on a small scale, before you go all in on starting a new business and making bigger investments and taking bigger risks. […]

Fiesta CEO: Hurricanes to blame for Q3 declines | Fast Casual

Fiesta CEO: Hurricanes to blame for Q3 declines | Fast Casual

Managing capital and financial discipline Based on research and financial modeling, the company has introduced a tiered menu pricing strategy across both brands in October. According to the company, other accomplishments in this area are below: Nine Pollo Tropical Company-owned restaurants have been remodeled this year and one Taco Cabana restaurant will be remodeled by […]

New app solves local dining debate with luck | Newark Post

New app solves local dining debate with luck | Newark Post

Cherian Thomas could notice a trend on the horizon: dynamic pricing was helping some of the internet age’s biggest companies swallow up market share. But he was troubled when some of those best practices weren’t being applied to one of the most common choices that customers make: where to eat. “When you look at Priceline, […]

More Bang For Your Buck: Save money at local restaurants with Sp | NBC12 – WWBT

More Bang For Your Buck: Save money at local restaurants with Sp | NBC12 – WWBT

RICHMOND, VA (WWBT) – Richmond’s restaurants have put us on the map as one of the top places in the world to travel for food. There’s a new way for you try some of the RVA’s hottest spots without paying full price. It’s the age old question, where do you want to eat? Spotluck has […]

Comment: Battle of the brunches | HotelierMiddleEast.com

Comment: Battle of the brunches | HotelierMiddleEast.com

Brunch is a weekly tradition in Dubai and competition is fierce with venues slashing prices and offerings. However, at what point does the discounted offering impact on the quality of the experience? At Zero Gravity, our Saturday brunch concept — SuperNatural — is attracting record figures. Every week the queue starts at 9am and we […]