Tag: Restaurant Pricing

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 […]

McDonald’s rebounds with Easterbrook’s low-price McPick strategy | Crain’s Chicago Business

McDonald’s rebounds with Easterbrook’s low-price McPick strategy | Crain’s Chicago Business

Sounds a lot like the formula behind McDonald’s last great turnaround. Its Dollar Menu lifted the chain out of a slump in the early 2000s and enabled the Oak Brook company to outpace rivals in comparable-store sales from 2004 through 2011. Along the way, McDonald’s trotted out salads and other healthier menu offerings, as well […]

For McDonald’s, tax-inclusive prices have worked well: Seema Arora Nambiar | DNA India

For McDonald’s, tax-inclusive prices have worked well: Seema Arora Nambiar | DNA India

How is the tax-inclusive pricing strategy post the implementation of goods and services tax (GST) working for your restaurants? Consumers’ response has been very encouraging and they are liking the fact that they are paying the same price that is showing on the menu. It was a brave move and we were debating whether to […]

Spanish hegemony in organic greenhouse vegetables | Fresh Plaza

Spanish hegemony in organic greenhouse vegetables | Fresh Plaza

“Price-wise, growing is much more efficient in Spain,” Job mentions. “When push comes to shove, price is of overriding importance more often than the country of origin for large retailers, except for local organic shops.” Job emphasises that, as long as the quality of the Spanish product isn’t inferior to the Dutch, Spain will quickly […]

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 […]

Weak pound keeps foodservice price inflation high at 8.8% in June | The Caterer

Weak pound keeps foodservice price inflation high at 8.8% in June | The Caterer

In the ambient hot categories, inflation ran at 12% in June, thanks to rising coffee and tea prices. Inflation in fruit, a category particularly dependent on imports and vulnerable to exchange rates, stood at 13.6%. One bright spot was the sugars, preserves and confectionary category, where prices in June 2017 were 5.1% lower than in June 2016. […]

After creating a monopoly in Thailand, will Eatigo’s ‘never pay full price’ model wow India?  | YourStory

After creating a monopoly in Thailand, will Eatigo’s ‘never pay full price’ model wow India?  | YourStory

It’s legit. The discounts on your restaurant bill are not a bait, and are definitely a permanent feature. Here’s the utterly interesting technique through which the Bangkok-headquartered platform pulls this off. When I heard Eatigo’s claims that one will never have to pay full price for meals at restaurants again, no strings attached, the quintessential Indian consumer in […]

How to Better Manage Food Costs and Menu Pricing | Restaurant Engine

How to Better Manage Food Costs and Menu Pricing | Restaurant Engine

The best way to balance your menu is to know what items are more prone to price fluctuations and surround them on your menu with the more stable menu items. Know How to Price Your Menu Menu pricing is an art and to do it right, you have to know the food costs. Knowing how […]