QSR’s Are Struggling to Cope with Record High Food Costs While Maintaining High Quality
The chicken wing shortage from earlier this summer continues to impact the food & beverage industry, leaving suppliers and restaurants scrambling to respond. This could only be the tip of the iceberg, though, in long-term impacts to the food supply chain.
Food prices are hitting record highs, and because of the compounding issues squeezing farmers, producers, packers and grocers, there is no clear sign as to how long this price hike will last. How are the QSR’s and lower-priced restaurants that rely on appealing to a consumer’s wallet going to be able to adjust?
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