Tag: Restaurant Pricing

Tackling unfair trading practices in the food supply chain | European Commission

Tackling unfair trading practices in the food supply chain | European Commission

Will the price of food products increase for consumers? No. There is no reason why this EU legislation should lead to price increases for consumers: in the public con­sultation carried out by the Commission, there was no evidence presented to suggest that the unfair trading practices targeted lead to lower consumer prices or that prohibiting […]

Feedback App Lets Restaurants Pick Their Off-Peak Pricing | The Spoon

Feedback App Lets Restaurants Pick Their Off-Peak Pricing | The Spoon

If you’ve ever been to a restaurant between two and five o’clock, chances are pretty good that you walked into a near-empty establishment, with servers, hosts and kitchen staff waiting around until the dinner rush. Feedback wants to make those off-peak hours more productive by giving restaurants the ability to offer dynamic pricing and discounts […]

Grubhub delivers food for free in Charleston through April | postandcourier.com

Grubhub delivers food for free in Charleston through April | postandcourier.com

Charleston is suddenly being served by a variety of ordering and restaurant delivery companies. Quickfoxes is the original local business that continues to service a large selection of restaurants. UberEats has muscled in with delivery from national chains like McDonald’s and Papa John’s in addition to a large selection of local places. EatStreet is also […]

DoorDash is here to deliver food from more than 1,500 local restaurants | Next Pittsburg

DoorDash is here to deliver food from more than 1,500 local restaurants | Next Pittsburg

Between 11 a.m. and 10 p.m, people in those areas can order from hundreds of local restaurants including Primanti’s, Kaya and Bluebird Kitchen, as well as national chains such as  Houlihan’s, PF Chang’s and Buca di Beppo. “Delivery is something we see as the future of restaurant dining, and we are excited to be a part […]

Pret a Manger’s pricing policy is raising eyebrows when wealth divides are widening | Verdict

Pret a Manger’s pricing policy is raising eyebrows when wealth divides are widening | Verdict

The move could raise awareness of Pret’s (and others) current flat pricing strategy. Pret a Manger has boasted its employees had given away 1.7 million free cups of coffee through its “random acts of kindness” scheme in its 2016 financial report — but the value of a free cup of coffee is not the same […]

EatClub: Celebrity chef Marco Pierre White backs start-up luring diners off sofa | afr.com

EatClub: Celebrity chef Marco Pierre White backs start-up luring diners off sofa | afr.com

A food technology start-up luring diners off their sofas and back into restaurants is on the march in Australia and eyeing expansion overseas with the help of celebrity chef and shareholder Marco Pierre White. In the space of five months EatClub, a dynamic pricing platform that enables restaurants to offer last-minute deals to attract diners […]

Fast food is coming to your doorstep, but it can cost more | StarTribune.com

Fast food is coming to your doorstep, but it can cost more | StarTribune.com

FEES WITH THOSE FRIES Many apps charge delivery fees, and the amount can differ widely depending on the city you live and app you’re using. Online ordering apps charged fees ranging from $1 to as much as $11, according to a report last month from analysts at investment bank Mizuho. Typically, the app will tell […]

Pricer’s Points: Is dynamic pricing good for restaurants and hotels? | Linchi Kwok

Pricer’s Points: Is dynamic pricing good for restaurants and hotels? | Linchi Kwok

According to the theories in classical economics, an equilibrium price of a product will be reached in a free market when supplies meet demands. When supplies remain stable, an increase in demands will result in a higher selling price for the product. Restaurants and hotels offer service products that are perishable in nature (e.g., restaurant […]

MultiBrief: Is dynamic pricing good for restaurants and hotels? | MultiBriefs

MultiBrief: Is dynamic pricing good for restaurants and hotels? | MultiBriefs

Does dynamic pricing really work? Referring back to the case of Bob Bob Ricard, a follow-up NPR report suggests that dynamic pricing works well for the restaurant. Ever since the restaurant implemented the new strategy, store traffic during the “normal” quietest times has nearly doubled. While the average check for two guests in the restaurant […]

New app that lets you spin to choose restaurants debuting in Lynchburg | WSET

New app that lets you spin to choose restaurants debuting in Lynchburg | WSET

LYNCHBURG, Va. (WSET) – A new app, called Spotluck, is debuting in Lynchburg and developers hopes it will bring dynamic pricing to the restaurant industry with a “gamified spin.” The app pioneers real-time discounts that fluctuate based on day, time, weather and other factors that impact restaurant occupancy. Their software yields higher discounts on rainy […]