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Top stories of the week Mon, 14 Jul – US drive-thru chain Scooter’s Coffee reportedly exploring US $1bn sale. The Omaha-based roaster and retailer hired advisers to evaluate a potential sale or merger of its roughly 445 outlets across the Midwest, seeking capital for further expansion amid intensifying competition.
With the acquisition of Johnny Rockets, FAT Brands will have more than 700 franchised and company owned restaurants around the globe with annual system-wide sales exceeding $700 million. The Main Course. "We always viewed a podcast as a natural extension of the MRM brand," said Executive Editor Barbara Castiglia. "When Brands Inc.
over the years, our family has always made a point of eating at CPK. . over the years, our family has always made a point of eating at CPK. As part of its accelerated global growth focus, CPK intends to further expand in Canada, including to Vancouver, British Columbia and Toronto, Ontario. Giorgio Minardi and Naheed Shariff.
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. Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022. Total tips averaged 18.9 Tips on Sundays averaged 18.73
Organised by Perfect Daily Grind, this world leading coffee event is aimed at bringing international markets together by advising attendees on how to improve sales, access new markets, generate valuable relationships, and foster knowledge-sharing and mentorship. . Credit: Ricardo Montalvo . Russia’s Past Relationship With Coffee.
Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. More Tropical in Colorado. Tropical Smoothie Cafe signed two multi-unit franchise agreements to develop 38 new cafes across the state of Colorado, including a 27-unit deal and an 11-unit deal.
This edition of MRM News Bites features NLRB, IHOP, Fourth, Ordermark, Chica’s Tacos, Thanx, Chowly and EZCater, Corner Bakery, Fountainhead Taproom and PourMyBeer and Epson America. NLRB Approves McDonald's Settlements. The Board concluded that the settlements will provide a full remedy for all alleged substantive violations.
" Macaluso added that the sales lifts from upgrading to a newer, smaller and more efficient prototype have been unlike others he has seen in his 25-year QSR career. The brand has rebuilt nine restaurants since 2018, generating first year-over-year comp sales ranging from +29.8 Krystal Eyes Refranchising. percent to +107.5
the current federal minimum hourly wage is $7.25, and has remained unchanged since 2009. When your business is located in an affected region, the federal minimum wage takes a back seat to the state or city rate. hour for employers grossing <$110,000 in annual sales and not covered by FLSA). In the U.S., Georgia: $7.25/hour
When you’re running a restaurant, choosing a point-of-sale (POS) system can make or break the business. If your restaurant offers delivery, choosing one of our integrated point-of-sale suppliers means you’ll be able to sync with the biggest meal delivery services around the world. Lightspeed (for restaurants).
since July 2009. Your labor cost is one of your biggest expenses, but it can be difficult to track, since sales and labor needs may fluctuate by the day, week, and quarter. Looking at the cost of labor as a percentage of sales shows how your employee labor hours are matching with customer demand (sales).
A few highlights of our findings: In the last decade, independent pizzerias in America have lost 21 percent market share in terms of sales and 19 percent market share in terms of units to chains. Domino’s get’s three-quarters of sales from online channels; for independents, this is only 20%.
After two years of only being able to order takeout and having to wear a mask when not at the table, restaurants are poised to bounce back in 2022. The National Restaurant Association projects restaurant sales will hit $898 billion this year -more than $200 billion more than in 2021. For your restaurant, that means competition.
In 1991 she was promoted to Accounting Manager and in 2009 to Director of Accounting. New & Notable spotlights the latest news restaurateurs need to know. TEAM Schostak Family Celebrates Anniversary and Employees. “This milestone is significant and we could not be prouder for the contributions our team has made to our success. .”
Rather than writing about him, the book is made of people talking about him, openly and freely, and the result is subtle and penetrating, sad and festive — like a literary wake, with people floating out and back in again, telling jokes, rethinking old grievances, remembering sad moments.
The US roaster visited the White House as part of President Biden’s promotion of small business growth in the US. points out of a possible 200 for several of its business practices, including a direct trade model and environmentally-friendly initiatives. Mon, 2 May. Lost Sock Coffee Roasters meets with US President Joe Biden.
7010 – Paycheck Protection Program (PP) Flexibility Act of 2020 which extends provisions of the act to give more time to both use and pay back the funds. For new loans, the pay back term for non-forgiven debt is extended to five years from two. PPP Goes Flexible. President Trump signed H.R.7010
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features dismal restaurant sales traffic, best foodie cities , top breakfast foods in America, food fraud and why Brits love chicken shops. For the first time in two years, growth was negative during the third quarter of 2019 with same-store sales growth of -0.4
It’s easy using trivia tablets for bars and restaurants – and the perfect way to kick off a year of weird holiday promotions… January 12: Kiss a Ginger Day Created by a British redhead (not Prince Harry) in 2009, this pro-ginger day is just begging to be made into weird holiday promotions. Of course, give redheads a special discount.
Apart from being Texas’ capital city, Austin is also the “live music capital” of the world. You can catch live performances every day in Austin at bars, restaurants, coffee shops, and even the airport. Austin’s unofficial motto is “Keep Austin Weird,” alluding to its creative and alternative appeal. Multiple Locations Visit Website.
From pop-up designer clothing sales to some of the best dining in NYC, Park Slope should always be on your list of must-see neighborhoods in New York. Union Hall Blueprint High Dive Skylark Brookvin Ginger’s Bar Park Slope Ale House The Owl Farm The Sackett The Double Windsor The Gate Greenwood Park Black Horse Pub Dram Shop Barbès.
Kabob House was established in 2009 with a modest 600-square-foot restaurant in Yakima, Washington, and a commitment to offering delicious and health-conscious Mediterranean cuisine at a reasonable price. There’s nothing like business success to highlight the weaknesses inherent in manual processes and point solutions.
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