Remove 2007 Remove Dine-in Remove Online Ordering
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Nasdaq Crashes, Restaurants Scramble – How the Hospitality Industry Reacts to Stock Market Downturns

Paper Chase Accountancy

Looking back at the most recent recession, dining out dropped 8.8% in December 2007–June 2009, relative to pre-recession period levels. In times of economic uncertainty, the hospitality industry is affected by equity-market downturns that can create revenue-crushing reactions – hurting both consumers and operators alike.

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4 Ways to Pivot Your Restaurant’s Business Model During COVID-19

7 Shifts

With dine-in officially off the menu, we’re sharing a few options for restaurants to consider to pivot their business model during COVID-19. The meal kit industry, which has been around since 2007, hit $5 billion in annual revenue in 2019—but growth in the industry was slow pre-COVID-19. Offer meal kits ?? Carmen Hamm Owner, Picaro.

FOH 364
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MRM Franchise Feed: Opportunity is Barking and the Spirit of BBQ

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. PJ's Hopes to Open 187 Locations Throughout Florida in Next 10 Years. “For many Floridians, their weekend getaways to New Orleans are the only time they get to enjoy PJ’s Coffee.

Franchise 414
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MRM Franchise Feed: Wing Zone Revitalization and Real Food BK

Modern Restaurant Management

” In order to commit to an effective rollout system-wide, Wing Zone will introduce the new brand at five corporate locations in Las Vegas before implementing at other locations across the country. . ” Ike's Loves Bangin' Buns. ” Ike's Loves Bangin' Buns. . ” Ike's Loves Bangin' Buns.

Franchise 471
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MRM Franchise Feed: CPK in Canada and Real Famous BBQ

Modern Restaurant Management

We look forward to a successful partnership with the Shariffs and to welcoming our Canadian guests to dine with us in Edmonton in the coming months.” Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. CPK Heads North.

Franchise 383
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MRM Franchise Feed: Greek from Greece Grows and Hearts Afire for Mac & Cheese

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. BWW Franchisee Acquisition Completed. DRH’s common stockholders received $1.05 per share in cash.

Franchise 364
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MRM Research Roundup: Catering, Kiosks, Tipping and Dry January

Modern Restaurant Management

In this edition of MRM Research Roundup, we feature news about an influx of catering orders, the topic of tipping, the rise of kiosks and affordable Michelin restaurants. Of that increase, 30 percent came through Catering Online Ordering, which launched in Q3 2023. On average, catering orders ticket sizes in Q4 2023 were $160.

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