Tag: pricing

A $1 minimum wage increase raises closure likelihood 14% for a 3.5-star restaurant while having no measurable effect on 5-star establishments — understanding why is the key to surviving the wage environment.

TGI Fridays drove a 5% same-store sales increase through data-driven menu redesign without changing a single price — and advanced optimization methods consistently deliver 15%+ profitability improvements by targeting the items customers actually buy.