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MRM EXCLUSIVE: Restaurants’ Lockdown Lessons Are Key to Coping with Soaring Costs

Modern Restaurant Management

Food prices are soaring amidst supply chain disruptions, increasing labor costs, and processing plant shutdowns. Poultry prices are up 15 percent to 18 percent ; the cost of eggs has risen 73 percent. The food service industry is scrambling to keep up with these new costs, pushing the price of a restaurant meal to a 40-year high.

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A Guide to Conducting Precise Restaurant Sales Forecasts

Modern Restaurant Management

All in all, you can’t rely on things like an average ecommerce conversion rate when forecasting sales for a restaurant. Assuming that 80 percent of seats are filled for both sittings and that each customer orders something of average price, Chloe can establish a rough baseline calculation for a day’s trading.

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Access to Local Food Vendors, Artisan Products, and Delicious Possibilities in Cheetah’s New “Marketplace”

Cheetah

But access to these trending food items, with fair pricing and reasonable logistics, has been a nightmare – until now. . Unbeatable pricing – Because all the 3,000+ restaurants that Cheetah supplies gain access to these boutique vendors together, we are able to offer wholesale pricing for specialty and local food products.

Food 148
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Unlock the Power of Shopify Loyalty Program: Retaining Customers and Driving Revenue

Bingage

The Importance of Loyalty Programs for Shopify Stores A Loyalty Program holds immense significance for your ecommerce business. Consistency across all aspects of your business, be it pricing, product quality, or customer service, plays a pivotal role in earning and maintaining loyalty. Do you have an Ecommerce Store on Shopify?

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Bottom Line Shrinking? Five Ways Retailers Can Optimize Labor to Minimize Costs

Hot Schedules

T he return of in-person shopping has happened at varying rates depending on local lockdown restrictions, but the universal truth for most retail stores has been the massive shift to ecommerce —an estimated jump of $183 billion — cutting into brick and mortar profits. As a result, managers have had to minimize costs wherever possible.

Retail 148
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How has technology helped to democratise green coffee trading?

Perfect Daily Grind

These includes market prices for coffee. Furthermore, the growing number of green coffee ecommerce platforms has made the trade of coffee much more accessible. Ross Nicholson is the Ecommerce and Marketing Manager at Covoya Europe. This ranges from how to choose and source your green coffee to how to roast, brew, and serve it.”

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How can coffee roasters attract new wholesale customers?

Perfect Daily Grind

Although a large majority of a roaster’s sales come from ecommerce platforms and in-store purchases of retail coffees, many roasters also have partnerships with wholesale clients who buy larger volumes of roasted coffee. To start with, never agree on a price that isn’t sustainable for you in the long-term.