7 Shifts

JULY 27, 2022

They've been up north since the 90s, and in 2019, they embarked on a digital transformation. The team started by importing about a year's worth of sales data from their Xilnex point-of-sale into 7shifts to get the ball rolling on projections. “We And those sales forecasts came within 10% accuracy. Region: Canada.

Point of Sale 195

Point of Sale Franchise Franchising 2005 195

Modern Restaurant Management

JANUARY 12, 2022

71 percent rely on delivery for 11 percent or more of sales. 33 percent rely on delivery for more than 20 percent of sales. 65 percent rely on mobile ordering for 11 percent or more of sales. 25 percent rely on mobile ordering for more than 20 percent of sales. Investment in delivery and mobile ordering pays off.

2022 215

2022 Mobile Ordering Guest Recovery Point of Sale 215

Modern Restaurant Management

JULY 20, 2021

Total restaurant visits were down -6 percent in May 2021 compared to May 2019 but were up +23 percent from a year ago, recovering from a -23 percent decline in May 2020. Snack were up this May +8 percent compared to May 2019 and up +3 percent compared to two years ago. Falling outlets, rising sales. " Remarkable Resiliency.

2021 189

2021 Guest Recovery Online Ordering Point of Sale 189

Modern Restaurant Management

FEBRUARY 3, 2022

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

Loyalty Program 194

Loyalty Program Online Ordering Cash Management Point of Sale 194

Modern Restaurant Management

DECEMBER 30, 2020

At-home meal kits increased 13x in 2020 from 2019, with some of the most popular options including NYC-based I CHIRAN’s Take-Home Ramen Kit and New England Lobster’s Lobster Roll Kit in San Francisco. This edition of MRM Research Roundup features top trends for 2020, how 2020 changed food and the year's top wines.

2020 211

2020 Merchandise Retail Point of Sale 211

Lavu

JUNE 3, 2019

Restaurants see a 26% uptick in sales with seasonal menus and a 23% increase in average ticket size. . Restaurants see a 26% uptick in sales with seasonal menus and a 23% increase in average ticket size. . After all, 2019 is the summer of the smoky cocktail (see below). In other words, it’s party time! Smoke Your Drinks.

2019 60

2019 Seasonal Menu Compost Point of Sale 60

Cheetah

MAY 17, 2021

All food & beverage businesses for whom at least one third of their income is from onsite sales are eligible to apply. We know that government paperwork isn’t everyone’s cup-of-tea. Who Manages the Restaurant Revitalization Fund? billion dollar COVID-19 RRF to small food and beverage businesses. Who Can Apply?

Webinar 143

Webinar Point of Sale Food Truck Government 143

Modern Restaurant Management

DECEMBER 20, 2021

Restaurants have endless third-party ordering app options, but those do come with a price, approximately five-twenty percent of each sale. Contactless payment eliminates a potential hurdle between you and more sales. The pandemic forced restaurants to adapt to not only a new, leaner business model but also to new consumer behavior.

Mobile Ordering 227

Mobile Ordering Online Ordering Consumer Goods Customer Experience 227

Modern Restaurant Management

APRIL 13, 2022

To combat these obstacles among countless others, leaning on point-of-sale (POS) solutions can empower restaurants to quickly leverage new features to maximize profits in a fluctuating service economy. billion combined revenue from April to September 2020, more than twice as much as their combined revenue in 2019.

POS 215

POS Food Supply Mobile Ordering Point of Sale 215

Modern Restaurant Management

MARCH 9, 2023

Patrick’s Day weekend in 2019, 63 percent of car-related fatalities involved drunk drivers, and in 2018, 33 percent of pedestrians killed in car crashes over the holiday were intoxicated with a BAC over 0.08. Spirit sales are 153 percent higher than usual over the holiday weekend, and it’s the number one beer drinking holiday.

Bar 180

Bar Insurance Restaurant Law Point of Sale 180

Modern Restaurant Management

JUNE 22, 2020

In January of 2020, Impossible Foods, a leader in plant-based meat alternatives, primarily focused sales on the restaurant trade, selling to less than 200 supermarkets; by May of 2020, the company was selling its line of plant-based products in more than 3,000 retail markets and grocery stores.

Point of Sale 179

Point of Sale 2019 Food Supply Restaurant Law 179

Black Box Intelligence

DECEMBER 16, 2022

Best and worst performing region, segment and cuisine is based on same-store sales growth. Restaurant Sales & Traffic Growth Softening Again, Likely Signaling Tougher Times Ahead. However, when looking more granularly at the data, same-store sales growth was -3.4% percentage point drop. year over year in November.

Fast Casual 78

Fast Casual Point of Sale Front of House Fine Dining 78

Chowly

FEBRUARY 23, 2024

While restaurant sales are predicted to rise in 2024, high operational costs will limit profit margins. Sales and Economic Forecast Independent restaurants bore the brunt of the pandemic, with approximately 10% closing in 2020 compared to 2.5% Sales are projected to rise, but the higher cost of doing business will challenge margins.

2024 96

2024 Loyalty Program 2023 Point of Sale 96

Modern Restaurant Management

APRIL 23, 2021

The program will allow eligible restaurants and other food establishments to access the RRF application or data they need to fill out the application through their point-of-sale (POS) service providers. “The SBA must be as entrepreneurial as the entrepreneurs we serve.

Point of Sale 128

Point of Sale Webinar Small Business Customer Service 128

Modern Restaurant Management

DECEMBER 20, 2022

Technomic is forecasting that the industry’s total value will only be 90 percent of 2019’s value in real terms. While sales have in many cases, rebounded, operators faced ongoing struggles from inflationary pressure on food costs, hiring and retaining staff, along with supply chain issues and availability of key items.

2022 197

2022 Food Supply Point of Sale Dietary Restrictions 197

7 Shifts

SEPTEMBER 14, 2020

Ultimately, The Human Bean decided to partner with 7shifts – and has seen booming sales, controlled labor cost percentages, and a measurably more efficient scheduling process across their corporate-owned locations ever since.

Management 195

Management Management Point of Sale Franchise 195

Modern Restaurant Management

JULY 15, 2020

According to the latest Financial Trends Insights from Black Box Financial Intelligence™ , based on data from the week ending June 28, restaurants sales continue improving. See the latest sales and traffic results here: Sales Improve but Restaurants Should Brace Themselves for Challenges Ahead. Financial Trends Insights.

2020 195

2020 Mobile Ordering Point of Sale Fast Casual 195

Modern Restaurant Management

APRIL 28, 2020

According to The NPD Group, take-out and delivery accounted for nearly 50 percent of all restaurant spend in 2019. According to The NPD Group, take-out and delivery accounted for nearly 50 percent of all restaurant spend in 2019. Restaurants Doubling Down on Drive-Thru, Curbside and Delivery. Restaurants in New Spaces and Places.

Operations 185

Operations Point of Sale Customer Service Mobile Ordering 185

Modern Restaurant Management

OCTOBER 26, 2022

A Federal Reserve Bank of San Francisco Diary of Consumer Payment Choice report further revealed that consumers continued to use credit cards and debit cards for most of their payments, accounting for 57 percent of total payments in 2021 compared to 55 percent in 2020 and 54 percent in 2019. According to a PYMNTS survey of 3,250 U.S.

Consumer Goods 179

Consumer Goods Restaurant Law Audits Customer Service 179

Modern Restaurant Management

APRIL 7, 2023

Point-of-sale financing is becoming more popular and is expected to make up 13-15 percent of lending products in 2023. Point-of-sale financing is becoming more popular and is expected to make up 13-15 percent of lending products in 2023. In 2019, Lending Express conducted a survey where 7.5

Cash Management 100

Cash Management Equipment Front of House Small Business 100

Modern Restaurant Management

JANUARY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features a gloomy start to the new year, dining trends for 2020, the importance of discounts, holiday gift card sales results, delivery frustrations, soda curiosity and a consumer culture report. Same-store sales growth was -2.1

2020 110

2020 Point of Sale Online Ordering Consumer Goods 110

Lavu

MAY 31, 2019

If you have too little in stock, you’ll lose sales and end up with dissatisfied customers. The first point of inventory management begins at the purchase order. Order quantities should correlate to sales and, therefore, should include exact quantities. Do you dread taking bar inventory? You’re not alone.

Inventory 61

Inventory 2019 Waste Point of Sale 61

Foodable

APRIL 12, 2022

Mobile payment app Strike has partnered with Shopify, alternative payment provider Blackhawk Network, and point-of-sale supplier NCR to create a new US payment system that allows merchants to quickly receive payments in dollars after people pay with crypto. What this means for companies like a Starbucks whose sales are $24.6

Point of Sale 115

Point of Sale 2019 Technology Marketing 115

Modern Restaurant Management

JULY 30, 2020

Orders from online channels and delivery partners had to be manually entered into its previous Point-of-Sale (POS) system, and manually delivered to the kitchen. Panino Giusto is embracing technology, including Oracle MICROS Simphony Point-of-Sale to help pivot and deliver a safer, pleasurable experience to customers.

Technology 153

Technology Operations Loyalty Program Point of Sale 153

EATER

APRIL 10, 2024

It’s the same selling point as the early days of delivery app Caviar, when it offered a premium product — takeout from higher-end restaurants — in a marketplace that’s otherwise about unlimited options, not curation. It’s called Bankside, with a menu that includes peel-and-eat shrimp, clam chowder, crispy cod sandwiches, and a lobster roll.

Delivery 140

Delivery Cash Management Point of Sale Back of House 140

Black Box Intelligence

NOVEMBER 17, 2022

Best and worst performing region, segment and cuisine is based on same-store sales growth. After experiencing the softest sales growth results in over a year during this past June and July, the restaurant industry has since enjoyed a strong rebound in its sales that started in August and has extended into October.

Front of House 74

Front of House Fast Casual Back of House Fine Dining 74

SpotOn

APRIL 30, 2024

2018 $9.25 $13.875 2019 $9.45 $14.175 2020 $9.65 $14.475 2021 $9.65 $14.475 2022 $9.87 $14.805 2023 $10.10 $15.15 With so many labor laws and an ocean of paperwork, it can get tricky to remember how much a minimum wage employee should earn in Michigan. While Michigan recently increased its minimum rate in 2024 to $10.33 2017 $8.90 $13.35

2024 52

2024 2025 Restaurant Law 2014 52

EATER

FEBRUARY 10, 2022

The company says that the amount a restaurant is eligible to borrow is based on its sales history with DoorDash, and that repayments for the cash advance will be deducted from the restaurant’s sales on a regular basis. As Bloomberg points out , DoorDash isn’t the first digital restaurant platform to implement this kind of program.

Cash Management 104

Cash Management Point of Sale Online Ordering Advertising 104

Black Box Intelligence

MAY 23, 2023

Best and worst performing region, segment and cuisine is based on same-store sales growth. Restaurant Sales Growth Weakest Since July Restaurants saw their year-over-year same-store sales and traffic growth fall for the third consecutive month in April. Same-store sales growth was 1.3% Same-store sales growth was 1.3%

Webinar 52

Webinar Point of Sale 2022 Front of House 52

Modern Restaurant Management

FEBRUARY 10, 2020

broadline foodservice sales of plant-based meat have grown 37 percent in the past year. Del Taco was recognized for adding multiple Beyond Meat items to its menu in 2019 and for heavily advertising these offerings to meat-lovers, vegetarians, and vegans alike. Despite skyrocketing demand for plant-based food across the U.S.,

Hospitality 183

Hospitality Food Consumer Goods Point of Sale 183

Black Box Intelligence

SEPTEMBER 16, 2022

Restaurant Sales Growth Rebounds – Posting Best Month Since March 2022 . Best and worst performing region, segment and cuisine is based on same-store sales growth. Restaurant sales and traffic growth rebounded this month thanks in large part to an increase in consumer confidence. Restaurant same-store sales growth was +5.3%

Fast Casual 68

Fast Casual Point of Sale Front of House Fine Dining 68

Modern Restaurant Management

JUNE 8, 2021

The good news is that many of the technological developments needed to promote accessibility have already been implemented across the industry to improve other aspects of the business such as boosting sales and complying with new contactless methods of service. Embracing Innovation. How AI Can Advance Inclusivity.

Technology 224

Technology Innovation Restaurant Law Customer Service 224

Modern Restaurant Management

DECEMBER 2, 2019

Global e-gift card sales are expected to reach $300 billion in 2019 , with most of those sales occurring during the fourth quarter, and customers who opt to purchase gift cards will spend an average of $44.83 By 2024, global digital gift card sales are projected to hit $698.2 They were derided as lazy and impersonal.

Point of Sale 177

Point of Sale Loyalty Program Email Marketing Mobile Ordering 177

Modern Restaurant Management

APRIL 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the dismal March restaurant sales, security, loyalty, trends and teen consumer behaviors. March Sales Decline. Same-store sales for restaurants dropped by 28.3 Same-store sales for restaurants dropped by 28.3 percent in March.

2020 196

2020 Fast Casual Point of Sale Online Ordering 196

BNG Point of Sale

AUGUST 27, 2021

With 1 million in annual sales, you can expect to earn $150K from pre-tax profits! . billion (about $140 per person in the US) worth of pizza was sold in 2019. And that figure only represents pizza consumption in 2019 alone! And that figure only represents pizza consumption in 2019 alone!

Point of Sale 52

Point of Sale Franchise Franchising Small Business 52

BNG Point of Sale

SEPTEMBER 2, 2021

Restaurant Revenue Per Square Foot: What Are Your Sales? . The sale per square foot of your restaurant is a good indicator of how much money you will make. The sale per square foot of your restaurant is a good indicator of how much money you will make. Sales Per Square Foot = Annual Sales/Square Foot .

Fast Casual 52

Fast Casual Point of Sale Franchise Franchising 52

BNG Point of Sale

MAY 16, 2019

On January 30, 2019, the investigation determined that an unauthorized party was able to deploy malware to some of North Country’s business partners restaurants between January 3, 2019, and January 24, 2019, that collected credit and debit card information.” ( [link] ). “On 1 Security starts with employees.

Retail 74

Retail Point of Sale POS Small Business 74