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2. Labor cost is the elephant in the room for restaurant chains ...

   www.aol.com/finance/labor-cost-elephant-room...

   While the price of groceries rose by 1.3%, the cost of food away from home (restaurants) increased by 5.2%. Now food chains are in crunch time to combat the impact of higher wages as April 1 ...

3. California restaurant owner claims the state's fast food wage ...

   www.aol.com/finance/california-restaurant-owner...

   California's new minimum wage legislation is now in force. As of April 1, the Golden State has raised the minimum wage for employees at fast food restaurants to $20 an hour, aiming to improve the ...

4. Inflation: Cost of eating out continues to rise, a potential ...

   www.aol.com/finance/inflation-cost-eating...

   The cost of dining out in January was up 5.1% year over year and up 0.5% compared to the previous month, according to the latest inflation data from the Bureau of Labor Statistics. On the other ...

5. Menu cost - Wikipedia

   en.wikipedia.org/wiki/Menu_cost

   Menu costs are the costs incurred by the business when it changes the prices it offers customers. A typical example is a restaurant that has to reprint the new menu when it needs to change the prices of its in-store goods. So, menu costs are one factor that can contribute to nominal rigidity. Firms are faced with the decision to alter prices ...

6. Food prices - Wikipedia

   en.wikipedia.org/wiki/Food_prices

   It is rare for price spikes to hit all major foods in most countries at once, but food prices suffered all-time peaks in 2008 and 2011, posting a 15% and 12% deflated increase year-over-year, representing prices higher than any data collected. [38] One reason for the increase in food prices may be the increase in oil prices at the same time ...

7. United States restaurant industry - Wikipedia

   en.wikipedia.org/wiki/United_States_restaurant...

   The United States restaurant industry was projected at $899 billion in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [ 1 ] [ 2 ] An estimated 99% of companies in the industry are family-owned small businesses with fewer than 50 employees. [ 3 ]