Food cost

I’m sure you’ve noticed that things are getting more expensive. Whether it’s your weekly grocery bill, fueling up or going out to dinner, one thing is clear. Everything is way more expensive these days in the Garden State. I was walking with my wife on the boardwalk last night andRead More →

U.S. Foods Holding Corp. USFD reported second-quarter FY22 sales growth of 15.2% year-on-year to $8.83 billion, beating consensus of $8.74 billion. The company attributed the growth in net sales to food cost inflation of 15% from the same quarter a year ago. Total checkout volume and independentRead More →

Burgernomics: What the rising cost of fast food in Egypt reveals about inflation Image Credit: Thred When McDonald’s in Egypt released prices for its updated menu in early July, citizens took to social media to express their outrage at the price hike – a 50% increase for some productsRead More →

Eden Prairie’s largest social service provider is among those bearing higher food costs due to inflation. PROP purchases much of the food it provides to local families in need, and various factors, including inflation, have caused its food costs to be 45% over budget for the 2021-22 fiscal year whichRead More →

Corn stocks at a silo during harvest. ©Debra L Ferguson Stock Images Yusuf Khan and Will Horner reported in today’s Wall Street Journal that “Good agricultural weather and the rush of Russian grain ships across the Black Sea dampened global wheat pricesa welcome sign for vulnerable countries struggling with soaringRead More →

Yusuf Khan and Will Horner reported in today’s Wall Street Journal that “Good agricultural weather and the rush of Russian grain ships across the Black Sea dampened global wheat pricesa welcome sign for vulnerable countries struggling with soaring food prices. “The good mix of sun and rain in the UnitedRead More →

As shoppers across the country continue to feel the brunt of soaring food prices, many food aid services supporting the most vulnerable in our community are being hit twice as hard. Not only are they forced to pay extortionate prices for pantry staples, but the public donations they rely onRead More →

Customers are seeing restaurant menu prices rise this summer amid inflationary challenges. “I mean, you come to a restaurant and you see the prices go up maybe two to three dollars, and that affects everything,” Fiaz Ashraf said. Ahead of the busy restaurant season, Zohara Mediterranean Kitchen in West HartfordRead More →

ALABAMA (WTVM) — As gas prices continue to set new records, local farmers and farmers’ markets are being hit hard by rising fuel prices. Pain at the pump is a major concern for all Americans, but one industry also feeling the effects is farmers. “High diesel prices have set usRead More →

DAERA Minister Edwin Poots pledged to continue to pressure senior cabinet ministers to act on rising food prices, energy costs and labor shortages. work. Minister of Agriculture, Environment and Rural Affairs, Edwin Poots, MPP At a meeting in London today (Wednesday), he said our local agri-food sector was under ‘enormousRead More →

LITTLE ROCK, Ark. – The cost of food continues to rise across the country. Healing Waters Outreach Center is a food pantry in Mabelvale that has felt the impact of inflation. Prior to covid they partnered with several different businesses in the community serving approximately 50,000 people in the area.Read More →

LITTLE ROCK, Ark. – The cost of food continues to rise across the country. Healing Waters Outreach Center is a food pantry in Mabelvale that has felt the impact of inflation. Prior to COVID-19, they partnered with several different businesses in the community serving approximately 50,000 people in the area.Read More →

ATLANTA, Ga. (CBS46) – With food prices soaring, DeKalb County leaders are scrambling to help people with a grocery giveaway. County leaders are distributing 5,000 boxes of groceries Saturday morning to eight different DeKalb churches. The boxes contain chicken, eggs and fresh produce. “We do it on the grill. WeRead More →

We might have sometimes or the other expressed our displeasure with our parents over the mundane food preparations, couldn’t we. Recently, a schoolboy wrote an essay for a boring routine breakfast served to him every day. On days when we don’t prefer to have our dabba, what do we do?Read More →

Logo provided. U.S. Foods Holding Corp. improved its first-quarter 2022 results on higher total case volume and food cost inflation compared to the prior year period, according to an earnings report. Highlights include: Net sales decreased from $6.29 billion in the first quarter of 2021 to $7.8 billion for theRead More →

The Global Food cost accounting software The market report offers an overview of the industry including definitions, applications, classifications, and chain structure. The report provides a comprehensive assessment of the market studied, including key trends, historical data, current market scenario, opportunities, growth drivers, potential roadmap, and market players’ strategies. TheRead More →

Rising food costs, rising menu prices and store growth were the big topics highlighted by analysts who cover the restaurant company Chipotle Mexican Grill, Inc. GCM. Here are the main conclusions of the analysts. Chipotle analysts: Morgan Stanley analyst John Glass had an overweight rating and raised the price targetRead More →

Samuel Stebbins, 24/7 Wall St. via The Center Square Inflation is skyrocketing in the United States – largely due to rising food prices. In cities across the country, food is now 8% more expensive on average than it was a year ago, and American families are feeling the pinch. AccordingRead More →

Photo: Matt Cardy / Stringer (Getty Images) A recent $5,000 quesadilla order at Taco Bell that went viral on TikTok redefines what qualifies as “overpriced” in fast food. What was most likely a glitch in a Taco Bell’s system led to a customer nearly being charged $5,919.25 for a beefyRead More →

If it seems like you never have enough money to constantly save some of it for an emergency — steady, regular deposits on every paycheck that go straight into a savings account — maybe it’s be time to consider donating your savings to restaurants, drive-thrus, eateries, and cafes. Think aboutRead More →

Short time, tight budget For dual-income families with children, time becomes a particularly precious commodity. The children are in school as well as all their extracurricular activities. Then there’s church and weekends filled with sports and catch-up to prepare for the next week. You don’t have time to visit everyRead More →

BELLEVUE, Wis. – There is part of Hunter Svoboda’s job as a waitress at Southwest Tucson Bar & Grill this has taken on added importance in recent months. “Communication is key,” Svoboda said as he waited for an order from the kitchen. From supply chain-induced shortages to increases in theRead More →

RALEIGH, NC (WNCN) — Restaurants in the Triangle begin their biannual Restaurant Week event today. Raleigh, Durham, Chapel Hill, Apex, Morrisville, Cary and Holly Springs have restaurants participating in a number of fixed price promotions each day they are open, according to a press release. RELATED: Local Restaurants Hope TriangleRead More →

Most food truck operators are quick to blame the high cost of food on price swings, then the internet spreads misinformation, like the average food cost is expected to be 34%. But both of these ideas are myths for the food truck environment. If you want to cut the costRead More →

Food prices have been rising weekly for almost two decades now. Most restaurateurs quickly attribute the high cost of their food to these price changes. On top of that, the internet echo chamber keeps making the problem worse, giving you bad information such as the average cost of food forRead More →

It’s not every day that a 19-year-old opens a franchise restaurant. It’s also rare that the first franchisees of a new restaurant brand find themselves building their first stores just as the pandemic has started to shut down the world around them. For Florida-based Bahia Bowls, unexpected challenges have beenRead More →

Are you looking for proven catering solutions to lower your food costs? I bet you are since food costs are skyrocketing with COVID-19. Lower sales, higher costs. It’s crazy. But I have a set of three catering solutions that can cut your food cost by 2-3% overnight. The cost ofRead More →