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0 0.00028694404591099 0.00286944045911051 0.00143472022955516 -0.000573888091822184 0.00172166427546635 0.00114777618364416 -0.00343758967001429
Stock impact report

‘Appetizer economy': Food inflation is on restaurant table as diners go smaller with menu choices [CNBC]

Albertsons Companies, Inc. Class A (ACI) 
US:NYSE Investor Relations: investor.archcoal.com
Company Research Source: CNBC
However, even consumers who are dining out are cutting back and prioritizing appetizers in their menu selections. Sales of mozzarella sticks, pickle chips and cheese curds to restaurant operators are all up over 30% year over year, according to food service supply chain data company Buyers Edge. Nelea Reazanteva | Istock | Getty Images Consumers are still dining out, but instead of higher-priced entrees, many are ordering more appetizers. As food inflation and affordability dominates the conversation about the U.S. consumer, new restaurant purchasing data shows even among Americans who are going to restaurants, many are in the mindset of cutting back. “Appetizer orders are up 20% year over year, even as entrees and desserts are largely flat or declining,” said Jim Pazzanese, executive vice president of global strategic procurement of Buyers Edge Platform , which tracks supply chain data within the food service industry. “The shift is visible at the item level,” he said, wit Show less Read more
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