The good news is that food price inflation is not expected to outpace the quantum leap it made in 2011. The bad news is it’s not supposed to retreat much, either. That means no rest for the weary purchasing officials still challenged by volatile commodity costs and the need to maintain margins. And even as operators wrestle with food price volatility, they also are continuing to battle the consumers’ seemingly intractable focus on menu price, leaving little room for ...
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