article thumbnail

How Staffing and Recruitment Futureproofs F&B Growth

Modern Restaurant Management

Here is the problem, though: Owners and F&B professionals severely underestimated the impact of – according to the National Restaurant Association – losing more than two million jobs and $240 billion in food-service sales. The linchpin, however, is connecting food experiences to the promise of restaurant marketing.

article thumbnail

How Delivery Services Are  Impacting Restaurant Supply Chains 

Modern Restaurant Management

The revolution of delivery services is making a substantial impact on the restaurant industry. While food delivery is nothing new, breakout services like Uber Eats and DoorDash have capitalized on what customers want most: convenience.

Supplies 217
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Leveraging POS Systems to Future-Proof Your Restaurant and Maximize Profits

Modern Restaurant Management

A fragmented supply chain is also increasing ingredient costs, leading restaurants to balance staff churn with a changing menu to keep revenue consistent. Monitoring Supply Can Curb Waste and Loss. To set your business apart when it comes to recruiting and retaining staff, look to payroll and benefits technology.

POS 215
article thumbnail

2022: A Year of Transition for Restaurants

Modern Restaurant Management

More than half of restaurant operators said it would be a year or more before businesses conditions return to normal with food, labor, and occupancy costs are expected to remain elevated, and continue to impact restaurant profit margins in 2022, according to the National Restaurant Association's 2022 State of the Restaurant Industry report.

2022 207
article thumbnail

2023 Restaurant Technology Trends: Consolidation, Experience, and Fees

Modern Restaurant Management

Closures, supply chain problems, labor shortages, technology, and inflation are just a few of the challenges operators have faced in recent years. Labor will remain competitive, but the relentless recruiting cycle and wage pressure has begun slowing down. Operators will continue incentivizing in-house delivery and in-app purchases.

2023 212
article thumbnail

Pandemic Effects on Funding, Growth and People – Plus Predictions for 2024

Modern Restaurant Management

As we look back, there was a long-overdue flood of tech investment into our industry, largely as the result of the boon of food delivery during the pandemic. As delivery dropped back down to more normal levels, we saw a number of delivery start-ups and tech dying on the vine. In 2013, the average turnover rate was 62.4%.

2024 123
article thumbnail

Hungry for Growth: The Restaurant Industry in 2022

Modern Restaurant Management

According to the National Restaurant Association’s State of the Industry report, 68 percent of customers say they are more likely to purchase takeout or delivery of food than they were before the pandemic. Food and beverage sales in the restaurant and foodservice industry are projected to total $789 billion in 2021, up 19.7

2022 203