Last week, we published a report based on data provided by Intouch Insight regarding mystery shops at 12 different pizza purveyors. In that report, we looked at Overall Satisfaction by Brand, Satisfaction with Speed of Service by Brand, and Total Time by Brand:

Data out today from the U.S. Census shows that restaurants’ market share (with grocery stores/supermarkets making up the other component) was 55.6% in February 2025. This is -90 basis points below the all-time high, set in November 2024. The February 2025 data also shows a -40 basis-point sequential decline in market share from January 2025.

The latest Consumer Price Index (CPI) data shows that prices for food-at-home (grocery stores and supermarkets) rose by +1.9% in February — sequentially the same as January’s +1.9%. This +1.9% number compares with price for food-away-from-home (restaurants) that increased by +3.7% year-over-year in February (sequentially up by +30 basis points from January’s +3.4%). This marks the 23rd month in a row for which restaurant pricing is outpacing grocery/supermarket pricing. We would also note that the +30 basis-point sequential gain for restaurant pricing is the largest such sequential gain since a +40 basis-point move back in March 2023.