Average menu prices in the casual-dining restaurant segment rose only slightly this year despite increased commodity costs and early predictions from restaurant operators that price increases would be necessary to cover escalating expenses and slowed sales. The casual-dining segment’s menu prices increased 1.2 percent this year over last, according to Leslie Kerr, founder of Intellaprice LLC in Boston, which surveys 176 casual-dining restaurants across the nation and maintains a ...
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Contact: Desiree Torres Desiree.Torres@penton.com