How Restaurants Can ‘Deliver’ on Revenue During Times of Inflation

Inflation is dominating the conversation in every industry today and according to the Bureau of Labor Statistics prices rose 7.7 percent for the year ending in October. Despite inflation taking its toll, many people are continuing to prioritize and enjoy the convenience of takeaway and food delivery with recent Deliverect data revealing that more people are purchasing delivery orders today than they were before the recent increase in the cost of living. The survey found that in the U.S., 44 percent of consumers are now purchasing up to three takeaways per week, in comparison to 42 percent prior to the increase in inflation. 

Undoubtedly people are becoming more conscious of where they’re spending as we witness a rise in inflation and the research reveals that while people are putting more thought behind how they spend their money, food delivery remains a priority. Consumers are more likely to cut back on other activities outside of food delivery and spending such as buying…