NRN editors discuss menu price increases, inflation, hospitality, NFTs and Andy Wiederhorn’s fraud investigation

February 25, 2022 00:46:42
NRN editors discuss menu price increases, inflation, hospitality, NFTs and Andy Wiederhorn’s fraud investigation
Extra Serving
NRN editors discuss menu price increases, inflation, hospitality, NFTs and Andy Wiederhorn’s fraud investigation

Hosted By

Holly Petre Sam Oches

Show Notes

This week on the Extra Serving podcast, a production of Nation’s Restaurant News’ Last Bite Network, NRN editors Holly Petre, Sam Oches and Joanna Fantozzi discussed earnings season, which brought on a slew of menu price increases. 

Restaurant chains from Burger King to Noodles and Company to Texas Roadhouse to Shake Shack all announced menu price increases during their quarterly earnings during this earnings season. The NRN editors discussed how customers will react and what it means for the industry.

This week, Black Box Intelligence also reported that guest check growth set a record in the month of January, but that traffic is slowing down. The team talks about what that means and what restaurant operators can expect from those results in terms of automation versus hospitality.

Lastly, the team discussed the news that the CEO of Fat Brands, Andy Wiederhorn, is under investigation for fraud by federal prosecutors. What does this mean for the epic growth that Fat Brands experienced in 2021?

This week’s interview is Zak Omar, CEO of New York-based regional chain Atomic Wings, which is beginning to expand outside the NYC area and introducing thigh wings.

Episode Transcript

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