Whether you’re eating in or dining out, food prices are on the rise. But compared with the cost of groceries, the cost of food-away-from-home (which includes meals at restaurants, catered events, and other venues) has increased significantly. The current round of prolonged inflation has caused prices for finished food products and consumer prices to rise at an unprecedented rate.
To read the article, see “Revenue growth management: Unlocking value in foodservice,” March 29, 2022.