---
title: "Franchise Times: Restaurants Adjust Operations as Food Costs Rise"
url: https://burnaze.com/article/3205c4ce-1ba9-4f8f-ae20-6bb7cffb35a5
source: "1851 Franchise"
original_url: https://1851franchise.com/franchise-times-restaurants-adjust-operations-as-food-costs-rise-2719937
category: "Restaurants"
industry: "Restaurants"
topics: ["Operations"]
published: 2022-10-10T21:16:44.000Z
modified: 2026-11-01T02:11:37.549Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/01a6153eababf74d1204220c0624cd786651.jpg
---

# Franchise Times: Restaurants Adjust Operations as Food Costs Rise

**TL;DR:** Restaurants are adjusting operations as food costs rise, with some franchises raising prices to maintain profitability. Famous Toastery CEO Robert Maynard says they will have to raise prices due to rising food costs.

*originally published in 1851 Franchise on 2022-10-10. [Read the original](https://1851franchise.com/franchise-times-restaurants-adjust-operations-as-food-costs-rise-2719937).*

## Story

According to the U.S. Department of Agriculture, restaurants' consumer price index increased by 7.7 percent from June 2021 to 2022. Due to rising food prices, restaurants need to raise menu prices.

“You can’t double your menu, so it’s become this situation where you want to be fair as possible to the people who’re buying from you, and at the same time, you have to be able to make money while doing it,” said Robert Maynard, CEO of Famous Toastery. “We’ve really avoided the big price hikes up until now, but we’re going to have no choice but to raise prices.”

Despite these issues that all restaurants are currently facing, Maynard remains confident in the industry, believing there are times of ups and downs in every business.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- menu pricing (topic)
- restaurant operations (topic)
- Famous Toastery (company)
- food costs (topic)
- U.S. Department of Agriculture (regulator)

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Originally reported by 1851 Franchise (https://1851franchise.com/franchise-times-restaurants-adjust-operations-as-food-costs-rise-2719937). Summarized by Burnaze (https://burnaze.com/article/3205c4ce-1ba9-4f8f-ae20-6bb7cffb35a5).