Casual restaurants coming out of the recession are down, and the cost of food along with energy and healthcare is up. How are those companies going to provide shareholder value? It looks like through massive discounting campaigns to drive traffic counts.
Surge Pricing is not Price Gouging - An interesting concept - applying the Uber model to restaurant pricing. With the advent of table top tablets and digital menu boards, the ability to shift pricing according to demand will soon be easy and widely available. Can this be used to a restaurant's advantage to drive traffic during off peak times? UMaine's quiet approach to waste reduction - As a company that recently enacted zero sort recycling, the next step is composting of food waste. Kudos to UMaine dining for a great start to a program that will hopefully be something we can make happen soon.
Wal-Mart raises healthcare costs, cuts benefits for some part-timers - Get ready, folks. The full effect of the Affordable Care Act will be upon us in the next few months as companies get ready for 2015. The cost to businesses to provide "affordable" health plans will be enormous. Shareholders will demand that these costs be passed on to consumers through price increases, or demand that businesses do more to lesson their exposure to fines, and they will do so by employing more part time workers.
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