Commodity inflation has roared back this year for key staples like beef, dairy and coffee, reigniting restaurants’ need to take price increases judiciously and balance them with other initiatives to keep their value perception with consumers. Even for brands tracking their profitability from positions of strength, like Chipotle Mexican Grill and Starbucks, the expected pressure on food costs will likely lead them to consider menu price increases. Leaders of other chains said they ...
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Contact: Desiree Torres Desiree.Torres@penton.com