Restaurants Grapple with Rising Chicken Prices
Chicken is not as cheap as it used to be. USDA reported prices for skinned boneless chicken breasts in the Northeast region were ranging between $3.30 and $3.35 per lb. on May 4. Food Institute …
Tag: menu prices
Foodservice Distributors Face Challenges Despite Better 2022 Outlook
Although the 2022 prospects for foodservice distributors are on the rise, the industry still faces several challenges, according to Technomic Principal Wade Hanson. Hanson, speaking on a webinar hosted by the International Foodservice Distributors Association …
Food Industry Financials: Don’t be surprised to spend an extra $6K on food this year
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: grocery inflation, menu price hikes, cost saving ideas, and more. Don’t be surprised …