Expert: Restaurants have room to raise prices

Expert: Restaurants have room to raise prices

Price increases have been modest over past five years, Intellaprice says

Restaurant price increases have generally been modest over the past five years, leaving room for brands to take some pricing this year, consultant Leslie Kerr says.

“The dilemma for operators has been this reliance on deals and the need to promote the fact that it’s not too expensive to eat out,” Kerr, president and founder of Boston-based consultancy Intellaprice, told Nation’s Restaurant News Monday.

Lower gas prices and positive jobs news are

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