Independent restaurant operators are optimistic as they look ahead to 2025, with 63% reporting profit growth and a focus on cost management over consumer price hikes, according to a new survey. The industry anticipates further expansion, too.
Data from the Toast digital restaurant platform show eating out at quick-service restaurants (QSRs) for lunch in the second quarter got more expensive, with prices up more than 4% from last year. And though hourly …
According to a new survey, many restaurant operators view changing macroeconomic conditions, labor challenges, and evolving guest demands among their top current pain points. Earlier this year, Toast polled 847 restaurant decision-makers for its annual …
Domestic beef prices continue to reach new highs. Retail beef prices hit another record high in August, with the Bureau of Labor Statistics reporting a price of $8.31 per lb., according to Wells Fargo analysis …
A slowdown in venture capital funding and growing prospects for a recession has restaurant tech firms tightening their belts.
