Remove 2024 Remove Pricing Remove Recruiting Remove Sustainability
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MRM Research Roundup: Super Bowl and Valentine’s Day 2024 Edition

Modern Restaurant Management

Pizza Ordering Predictions HungerRush released the results of a national dining survey on 2024 pizza ordering predictions for The Big Game (February 11) and National Pizza Day (February 9). Restaurateurs are not only investing in AI to address labor challenges – more established automation tools are also on the agenda in 2024.

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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

To give you the full picture of the positives and negatives of what lies ahead for 2024, we combed through dozens of recent industry reports and compiled a list of 93 restaurant industry statistics. Restaurant Industry Stats 2024 – Our Top 10 10 restaurant industry stats for 2024 to keep in mind. Let’s dig in.

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2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

In 2023, we saw sellers increasing throughput utilizing the “experience creates consumption” strategy and we predict an increase in draft program profitability in 2024 as more on-premise professionals embrace the needs of the highly coveted craft beverage loyalists.

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Coffee News Recap, 10 Feb: ICO says coffee prices remained stable during January, Luckin Coffee opened nearly 500 stores last month & other stories

Perfect Daily Grind

International Coffee Organisation says coffee prices remained stable during January 2023. Despite a decline in global exports, the organisation reports that the ICO Composite Indicator Price fell by 0.1% Gruppo Cimbali announces recipients of its SCA Coffee Sustainability Programme scholarship. from December 2022.

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State of the Industry and More Restaurant Research

Modern Restaurant Management

Key findings illustrating the industry's economic conditions include: Growth will continue : The foodservice industry is forecast to reach $997 billion in sales in 2023, driven in part by higher menu prices. Only one in ten operators think recruiting and retaining employees will be easier in 2023 than it was in 2022.

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The 20/20 on 2020: Restaurant Experts Weigh In

Modern Restaurant Management

They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more. Low priced / value perceived / big ticket items brought down to a fixed low price. percent by 2024, and 2020 will be a catalyst year that could drive that number up.

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85+ Restaurant Industry Statistics That Every F&B Operator & Manager Needs to Know in 2023

Apicbase

To combat inflation in 2022, 39% of restaurants started tracking the price of key ingredients; 22% adjusted the number of vendors; 36% increased menu prices. In 2022, operators faced a myriad of macroeconomic issues — labour shortages and high wholesale food prices — that have made turning a profit difficult. from 2021).

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