Managing volatile food cost has been a common industry challenge. Restaurant brands are relying on technology to lessen losses to volatile food costs. Research also supports the use of pricing and menu strategies to tackle the issue. Discover how to take control of your menu to improve profits and keep customers pleased.
From wheat and cheese to the gas that fires pizza ovens and powers delivery vehicles, all major pizza commodity prices took dives last week. The bad news is that a similar drop also hit at least two of the major publicly traded U.S. pizza brands.
The ghosts and ghouls weren't the only ones moaning last week as Halloween week wrapped up the month of October. They had company from the folks at Pizza Hut parent, Yum brands, which closed the week of scares with one of its own -- a drop of nearly $10 in its stock value.
Pizzeria operators probably suspected those lower gas prices wouldn't last. Now tight supplies are pushing auto fuel prices up, while wheat prices also rose last week. The same could not be said for Papa John's, which was the only pizza brand monitored here to lose value last week.
While gas prices prove to be the pizzeria's "gift that keeps on giving" -- thanks to plentiful supply, despite equally plentiful demand -- there are signs emerging of potential instability in domestic cheese markets.
While stock values on the big brands played out their drama on the trading floor last week, crude production soared to levels not seen in nearly two years, potentially signaling saner gas prices this summer to deliver those ever-increasing numbers of pizza orders
There may never have been a more contentious time for restaurant brands when it comes to their dependence on single-use packaging. Read on for news about what the Virginia-based Foodservice Packaging Institute found about the issue in its annual report.
Inventory and problem-spotting as you go, massive time and money savings, and just maybe a restaurant staff mood-improving makeover: These are some of the benefits the right supply chain app can bring to your pizza brand.
There was plenty to be jolly about in last week's commodity prices for pizza operators, including under-$2 gas in nine states. But that same cheer failed to spread across brands monitored by Pizza Marketplace, with only half increasing in value in trading over the short week.