Business
Toast Launches Menu Price Monitor, Offering Insights into Restaurant Pricing Trends
BOSTON, May 13, 2025--Toast launches menu price monitor, offering insights into restaurant pricing trends.
About this update from Toast, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":270,"url":"https://media.zenfs.com/en/business-wire.com/ec1406f322cc5ac554e4df38239213c4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/44Wa4Bp25RbHJSHQ3P1n_g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/ec1406f322cc5ac554e4df38239213c4","width":480,"height":270}},"lazy":false},{"type":"text","content":"BOSTON, May 13, 2025--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one digital technology platform for restaurants, has launched its new Menu Price Monitor, a powerful tool that provides monthly insights into menu pricing trends across the restaurant industry in the United States. Utilizing data from the Toast platform, which has over 140,000 restaurant locations as of March 31, 2025, this tracker offers a unique look at how prices on menus at restaurants change over time.","length":480,"tagName":"p"},{"type":"text","content":"Toast’s Menu Price Monitor tracks price fluctuations for key food and beverage items, including beer, burgers, burritos, chicken wings, cold brew coffee, and regular coffee. Data is presented by median, 25th percentile, and 75th percentile pricing per item, along with year-over-year percentage increases, offering a view of menu pricing dynamics from restaurants in the United States.","length":385,"tagName":"p"},{"type":"text","content":"This data is powered by Toast Benchmarking, which leverages an AI-based classification tool to categorize menu items.","length":117,"tagName":"p"},{"type":"text","content":""The extensive network of restaurants on Toast's platform makes us uniquely positioned to provide a wide range of insights and to create tools that leverage data to help customers improve their business, such as Toast Benchmarking," said Steve Fredette, Co-founder and President of Toast. "From menu price trends to shifting consumer trends, the new Menu Price Monitor and our Restaurant Trends Reports offer unique views into the restaurant community in an ever-changing landscape. We look forward to sharing this monthly data going forward, and we hope it provides useful insight into the state of the restaurant industry."","length":649,"tagName":"p"},{"type":"text","content":"Key Takea...