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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.
in December 2007–June 2009, relative to pre-recession period levels. In reaction to the tariff announcement, the Dow Jones Industrial Average dropped over 4,000 points over two days in April 2025, marking a 9.48% decline. Looking back at the most recent recession, dining out dropped 8.8% decline over 88 trading days.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the dismal March restaurant sales, security, loyalty, trends and teen consumer behaviors. March Sales Decline. Same-store sales for restaurants dropped by 28.3 Same-store sales for restaurants dropped by 28.3 percent in March.
Square’s point-of-sale system is used by millions of small businesses. Smith Collection/Gado/Getty Images The point-of-sale system has experienced widespread disruptions to multiple services On Thursday, the payment processing company Square experienced a widespread outage.
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.
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 OnlineOrdering, which launched in Q3 2023. On average, catering orders ticket sizes in Q4 2023 were $160.
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.
On special appeal, the Board vacated the judge’s order, and remanded the case to the judge with instructions to approve the settlement agreements. 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.
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.
" 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
Having identified a growing demand for quality food at reasonable prices in the home delivery segment, KLC developed virtual restaurants to satisfy the online market demand. He has been a former partner at Talabat, one of the largest online food delivery platforms in the MENA region.
When you’re running a restaurant, choosing a point-of-sale (POS) system can make or break the business. Pick the right one and you can streamline all your restaurant operations, from orders and payments to staff and inventory management. Key features include table management, coursing, menu management and sales reporting.
From onlineordering to kitchen automation and pizza delivery with drones, innovation continues to be an essential part of the future of the pizza industry. Digital and onlineordering is growing 300 percent faster than dine-in ordering (again, this means billions of dollars in the U.S.
retailer Let’s Pizza, founded in 2009, introduced one of the first pizza vending machines. Pizza Promotion Taking a Political Stance Texas pizza chain, Pizza Patron, took a unique approach to pizza marketing when they offered customers a free pizza if they placed their orders entirely in Spanish. Using Technology to Generate Buzz U.S.
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. Online Restaurants Advertising Ideas.
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. .”
Key findings from the report include: Direct onlineordering booms as restaurants recognize the need to bypass third-party marketplaces : Average monthly onlineorder volume grew 250x since the COVID-19 pandemic began, with $59.18 spent per order, on average, across restaurant websites. Top Restaurant Trends.
To accurately assess the underlying trends of restaurant performance, RMS compared 2021 sales and traffic to pre-pandemic 2019 data. On average, sales were up 8.1 In short, consumers are ordering more food, and for larger parties. percent, and it’s clear that net sales performance was sustained by average check growth.
The online survey of 1,000 Americans was fielded by in September 2019 by Edelman Intelligence for Lightlife to measure perspectives on the plant-based category. Lime Venue Portfolio recently released research on how event buyers are more inclined to offer plant-based menus as they become more common and popular among guests.
In this edition of MRM News Bites, we feature the latest on PPP loans and newest tech and products to help restaurants on the road to recovery. PPP Goes Flexible. President Trump signed H.R.7010 Key takeaways include: Borrowers now have 24 weeks to use the funds instead of eight. 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.
Any pizza you order at Home Slice will be your instant favorite. 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. the University of Texas at Austin, not to mention four other colleges.
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. You’ll find the local scene is filled with artists, creatives, and young professionals. When visiting Park Slope, you’ll find plenty to see and do. Best Bars in Park Slope. Make a Reservation.
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