QSR: Historic Wing Prices Wreak Havoc on Restaurants

Chicken wing prices are soaring, creating an issue for wing-centric restaurant chains like Buffalo Wings & Rings.

Read the original at 1851 Franchise
QSR: Historic Wing Prices Wreak Havoc on Restaurants

TL;DR

Chicken wing prices are soaring, creating an issue for wing-centric restaurant chains like Buffalo Wings & Rings. The chain has created a task force to deal with the issue and find ways to offset and handle the increased costs for their franchisees.

Chicken wing prices are soaring, and that's creating an issue for wing-centric restaurant chains like Cincinnati-based elevated sports restaurant franchise Buffalo Wings & Rings . According to a recent article that ran in QSR Magazine and FSR Magazine, the average price of wings was more than $2 per pound in the August report from Mizuho Restaurant and Proteins Analyst Jeremey Scott. That's more than 60 cents per pound above the running 10-year average.

Buffalo Wings & Rings created a task force to deal with the issue and find ways to offset and handle the increased costs for their franchisees across more than 70 restaurants.

“Our first push is to say there are already some other options out there,” Tom Jenkins, Director of Franchise Operations for Buffalo Wings & Rings, told QSR and FSR. “There’s not a lot of wing places like us that have a hand-pattied ground chuck and brisket blended burger.” BW&R will also be pushing a boneless wing promotion and is exploring some options using other parts of the bird in the R&D lab.

Brian Jaeger is a Vice President of Media Relations at No Limit Agency. Brian joined No Limit Agency after seven years working for local television news stations in Florida, four years at WCJB in Gainesville and three years at Bay News 9, the 24-hour local news station in the Tampa Bay area. Brian is a graduate of the University of Florida, where he studied journalism and telecommunications.

He brings a journalist’s viewpoint to the public relations field, and when he’s not busy telling the stories of No Limit Agency's brands, you can find him writing, on a karaoke stage, or cheering on the Gators.

In this story

This story was originally published in 1851 Franchise on September 21, 2017. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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