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Food prices a Christmas concern in Ireland

Food Safety News

A total of 62 percent of respondents identified the cost of food as their biggest concern as they plan Christmas dinner. Another survey by the Food Standards Agency also found people were worried about food prices. This is an increase compared to 55 percent in 2022. In 2022, only 26 percent made such a move.

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What value looks like to today’s restaurant guests

Restobiz

Inflation and food prices remain high on the list of concerns for consumers, and focusing on value is one way that restaurants can get guests’ attention and capture more business.

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Going lean – how hospitality can overcome the challenges of food price inflation and record energy bills

Hospitality Net

Hospitality has been a driving force for the UK and European economies for years, employing 3.2 million people before the pandemic and generating £38 billion in tax revenue for the UK government.

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The Ozempic Effect, How to Make Groceries Affordable Again + More

Food + Tech Connect

The rise of weight-loss drugs like Ozempic is causing ripples throughout the food industry, with nearly 7% of the population expected to use such medications by 2035, potentially transforming the way we approach nutrition. Big food companies and investors are watching as these drugs upend America’s diet industry.

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The Top 5 Bar and Restaurant Trends 2023

Sculpture Hospitality

Throw into the mix rising wages, skyrocketing food prices, staffing shortages, inflation and a difficult economy and the hospitality industry is no doubt set for a difficult year. Inventory management is a critical aspect of running a successful restaurant or bar business, but strategies are constantly evolving.

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FSA survey finds most consumer views stable

Food Safety News

Many consumer behaviors have remained the same, but concern about food prices has risen, according to an analysis of a multi-year survey. The Food Standards Agency (FSA) uses the survey done twice a year to monitor consumers’ self-reported knowledge, attitudes, and behaviors regarding food safety and other related issues.

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How Is Inflation Affecting Restaurants?

Modern Restaurant Management

Consider options such as food-delivery services to attract and retain new customers, QR codes to reduce menu costs and expedite orders, using social media and other potentially low-cost digital ways to attract customers, and online business checking accounts that cut out unnecessary fees are all great ways to proactively manage costs.