How to Calculate Cost of Goods Sold for a Restaurant
Learn how to calculate restaurant cost of goods using inventory, purchases, COGS percentage, variance reviews, and regular tracking for profitability.
Aug 31, 2026
Learn how to calculate restaurant cost of goods using inventory, purchases, COGS percentage, variance reviews, and regular tracking for profitability.
Aug 31, 2026
Explore restaurant technology trends in 2026, including AI, automation, digital ordering, workforce tools, connected kitchens, personalization, and profitability strategies today.
Aug 28, 2026
Understand how to evaluate a Kiosk system using key criteria including features, POS integration, hardware, pricing, customer experience, and support.
Aug 31, 2026
Learn the startup costs of opening an ice cream shop, including rent, equipment, renovations, permits, inventory, labor, marketing, and reserves.
Aug 28, 2026
A restaurant P&L statement reveals sales, expenses, and profits, helping owners manage costs, improve margins, and plan finances more effectively.
Aug 26, 2026
RaceTrac has appointed Jill Pemberton as chief financial officer, succeeding Karla Ahlert, who moves into the newly created role of chief administrative officer.
Aug 26, 2026
Learn practical ways to reduce labour costs through smarter scheduling, forecasting, productivity, cross-training, automation, overtime control, and performance monitoring strategies.
Aug 26, 2026
A payroll advance policy helps restaurant owners define eligibility, limits, repayment, documentation, approval procedures, and compliance requirements for employee advances.
Aug 24, 2026
Create a practical restaurant marketing plan by setting goals, targeting customers, choosing channels, budgeting wisely, scheduling campaigns, and measuring results.
Aug 24, 2026
Levain Bakery appoints Lorna Sommerville and Taya Stenson as co-CEOs, blending operational and marketing expertise to power national expansion and innovation while staying rooted in its brand values.
Aug 25, 2026
Unlock Exclusive Access To Webinars, Events, And The Latest News For Free!
Explore how KFC and Taco Bell use Limited Time Offers (LTOs) and menu innovation to cater to consumer nostalgia, drive sales, and enhance brand reputation.
Photo by Hybrid Storytellers
Photo by Hybrid Storytellers
Both KFC and Taco Bell have embraced the concept of Limited Time Offers (LTOs) as a key menu development strategy. LTOs allow these brands to create excitement and urgency among customers by introducing unique and temporary menu items. Taco Bell's reintroduction of Mexican Pizzas, which later became a permanent menu item after a successful LTO run, showcases the power of LTOs in driving both sales and customer loyalty.
Photo by Hybrid Storytellers
KFC's strategic move to bring back fan-favorite items like Potato Wedges and Hot & Spicy Wings after years of absence demonstrates the brand's focus on consumer nostalgia to enhance its operations. By tapping into customers' fond memories associated with these menu items, KFC aims to reignite interest in its offerings and reconnect with its audience on a nostalgic level.
In addition to leveraging consumer nostalgia, both KFC and Taco Bell continually innovate their menus to stay relevant in the competitive fast-food industry. Taco Bell's success in menu innovation, evidenced by the introduction of new value deals and seasonal offerings, reflects the brand's commitment to diversifying its menu to cater to evolving consumer preferences.
Photo by Hybrid Storytellers
Despite their menu development efforts, KFC has faced challenges in its home market, posting negative or flat quarterly comps and losing market share to competitors like Raising Cane’s and Wingstop. These market dynamics highlight the importance of not only menu innovation but also strategic pricing and marketing initiatives to stay competitive and appeal to price-sensitive consumers.
Photo by Hybrid Storytellers
The leadership changes within KFC, such as appointing new executives like Tiffany Furman and Scott Mezvinsky, signify the brand's commitment to realigning its strategies for success. By testing innovative concepts like the Saucy in Florida and Kwench by KFC in the UK and Australia, KFC aims to gauge customer interest in potential menu additions, signaling a proactive approach to menu development and expansion.