The cost of restaurant ingredients changes regularly, as the price of produce fluctuates with the seasons and you find different sources for essential items. It's prudent to calculate food costs ...

Though much of the social media buzz can be attributed to the public conflation of dynamic pricing with surge pricing, there is no doubt that variable menu prices — whether they are affected by ...

In a full-service restaurant, the number of tables and how many times they are occupied, or turned over, is used to figure average revenue. Both new and established restaurants use average revenue ...

Evolution in technology is spurring innovation for the restaurant industry, including ways to optimize revenue with carefully determined prices. Known as dynamic pricing—aka surge pricing—it’s a ...

TAMPA — Rising costs of beef, labor and health care mean tight times for fast-food restaurant owners. To maintain profits, many have resorted to revising menus and tweaking prices. Enter Tom ...

From minimizing food waste and developing smarter menus to choosing the ideal location, read on for nine ways chefs and operators are using AI in restaurants.

Editor’s note: This is part four of a five-part series on menu pricing. Read part one here, part two here, and part three here. In the next and final article, we’ll talk about pricing for delivery and ...

Last time, we looked at the design and construction process. This instalment looks at how to figure out prices for the menu.

As external inflationary pressures continue to impact the restaurant industry, operators have to get creative to balance customer needs with keeping costs down. Dallas-based Korean fried chicken ...

It’s not just beef that has gotten more expensive. The prices of other restaurant staples like coffee, eggs and cocoa have also ratcheted higher at various points this year.

A restaurant in Beijing, China makes customers find out the prices by solving trigonometry equations.