DENVER — From lower tips to the kinds of milk people order in their coffee, Coloradans' restaurant habits are changing. New data from Square shows recent trends and how they're impacting the industry.
You may have noticed fast food prices starting to dip, in some cases back to their pre-pandemic levels. Ming-Tai Huh, the head of food and beverage at Square, said there are two main reasons behind this decision. First, he said the high prices were driving people away. And second, people are tightening their budgets.
"They're really seeking as much value for their money as possible," Huh said.
Huh also said online ordering is becoming much more common. Nearly 80% of restaurant owners said the biggest portion of their sales come from online ordering, but doing so costs customers and busin