Sentences with phrase «restaurant food inflation»

It's likely Ontario's restaurant food inflation will continue to rise, he said, as price - sensitive restaurateurs realize they did not increase prices enough initially or learn they did not account for the costs of other new legislation, including new rules around vacation and holiday pay.

Not exact matches

One of America's largest restaurant owners says food price inflation and minimum wage hikes will mean a bigger bill at the end of your next meal out.

Higher prices paid to farmers, combined with lower imports, may increase grocery and restaurant costs for baked goods and cereals as much as 4 percent next year, the U.S. Department of Agriculture said Tuesday in its first forecast of food - price inflation for 2018.

Restaurants are often laggards when it comes to adopting new technology, but rising labor costs due to higher minimum wage and labor shortages coupled with food inflation has some looking to solutions that can provide some relief from the increased pressure on already tight margins.

Ontario restaurants hiking menu prices after the province raised its minimum wage this year were likely responsible for pushing January food inflation to its highest annualized increase in nearly two years.

Now with those same - restaurant sales assumptions and accelerated new restaurant growth, we expect meaningfully stronger earnings growth in fiscal 2013 than we had in fiscal 2012, and that's because we were burdened in 2012 with food cost inflation headwinds that we don't anticipate in 2013.

The NRA reported that the general state of the economy made it difficult for many restaurants to build and maintain sales volumes, while wholesale food price inflation reached its highest rate — 8 percent — in 30 years.

-- A new report says the average household in Canada will spend $ 8,631 on groceries and restaurant meals next year, up by $ 345 because of food inflation.

Food distributor Sysco (SYY), which reported 5.9 % food inflation in the latest quarter, has passed commodity price increases on to restauraFood distributor Sysco (SYY), which reported 5.9 % food inflation in the latest quarter, has passed commodity price increases on to restaurafood inflation in the latest quarter, has passed commodity price increases on to restaurants.

Discounters, warehouse clubs and supermarkets are benefiting from inflation on food prices (see story on p. 20), On the flip side, restaurants are hurting, said Craig Macnab, chairman and CEO of National Retail Properties, Inc., an Orlando, Fla. - based single - tenant retail REIT.