With so much talk in the media about inflation and rising food costs, many restaurants have increased their menu prices to try and offset their costs. Just how much have prices gone up for consumers as operators have raised rates to try and recoup some of the losses felt over the last few years? According […]
Many restaurants are looking for creative ways to maximize profits, reaching outside of their regular offerings to appeal to more guests and step away from the competition. While some restaurants are decreasing their hours to accommodate labor challenges, others are headed in the opposite direction, adding late-night options instead. RELATED: Shifting consumer spending and its […]
Consumers are cutting back on discretionary spending as they prepare for a possible recession, but have those cutbacks meant less revenue for restaurants? Are Canadians limiting their restaurant visits as inflation continues to soar? According to a recent study by Capterra, 85 per cent of consumers are worried about the looming recession, and nine out […]
We’ve spent a lot of time in recent months looking back at the last few years, analyzing the journey, but now it’s time to look at how far we’ve come and ahead to a bright future. With the continued challenges of persistent inflation and labour shortages, it’s important for restaurateurs to get to know their […]
The ever-increasing food prices are affecting Canadian households across the board, from grocery shopping to family celebrations. Going into Thanksgiving, Canadians were looking at this year’s holiday a little differently, with 88 per cent expecting to be impacted by inflation and 18 per cent expecting to spend less than last year. From turkey to sides, […]
By Makayla Dewit Imagine that you sit down at a restaurant, examine the menu, and see these two choices listed: low-fat vegan pasta and lemon-pesto rotini with fried capers. Which sounds more appetizing to you? It is almost certainly the second one. This example highlights the importance of thoughtfully labelling food and menu items to […]
As Canada’s food costs continue to rise with no end in sight and rumours of an impending recession, consumers are looking at ways to best stretch their dollars. In the last 12 months, three out of four Canadians have changed the way they buy food to try and offset the increased costs. The recently […]
New reports have assessed the impacts of soaring gas prices in America on the cost of food and the levels of spending in restaurants. While the data focuses on the U.S. specifically, much of it can be applied to Canada, where the price of fuel has also jumped in recent months due to factors including […]
By Asad Amin I am a devout foodie. My weekend plans, at times, revolved around which new restaurants had opened in the city or which old haunt I had been craving for a while. Over the past year-and-a-half, that shifted to takeout, delivery, and very few dine-in occasions. As soon as my family and I […]
The Fifteen Group’s David Hopkins gives reason for Canadian foodservice to be optimistic in 2021, even if more help is still needed
