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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Numbers can give us insights into everything from profits and losses to average customer spend to how often employees cycle through. Employee turnover rate. For fine dining, around 30 percent. Labor cost includes all labor-related categories: Employees, both hourly wages and salaries. Employee Turnover Rate.

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MRM Research Roundup: End-of-February 2020 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the National Restaurant Association's State of the Indusrty Report, food industry pressures, foodservice opportunities, influencer marketing, foot traffic analysis and the dining-out dollar. percent between 2015 and 2018, compared with a 2.5

2020 481
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MRM Research Roundup: Mid-April 2020 Edition

Modern Restaurant Management

Fine dining and upscale casual were the worst performing segments during March based on same-store sales growth. Family dining was another segment that was hit hard, which includes many buffet-based concepts. The top factor influencing the choice to buy alcoholic drinks with take out/delivery relates to ease and safety.

2020 491
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The Restaurant World Still Has a Child Care Problem

EATER

Some days he’s fine. Just recently, KNEAD Hospitality + Design , which operates more than a dozen restaurants in the DC area, introduced reimbursement of childcare costs — up to $1,800 per quarter — for salaried employees, which comprise 110 of their 920 staff members. My son has special needs. Some days all hell breaks loose.

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The Stages of Gentrification, as Told by Restaurant Openings

EATER

Today, Pilsen is one of the hippest areas in Chicago, with a thriving arts scene, fine dining options, and quaint cafes that continue to entice wealthier transplants to the area as working-class Mexicans who have lived there for years are displaced. Between 2000 and 2010, the Latinx population declined 26 percent.

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

We would like to thank Derek Jones and all of the employees at Smart Foodservice for their dedication in building a highly differentiated business in the cash and carry industry, and we know the company will be in great hands with its new owners.” SpotOn Secures $50M Funding. SpotOn Transact, Inc.,

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The 15 most profitable restaurant businesses to start in 2024

Clover - Restaurants

The coffee industry’s total economic impact has grown astronomically between 2015-2023, by 52.4% Full Service Restaurants (FSRs) Full Service Restaurants typically consist of dining establishments that offer a complete dining experience with table service, a robust menu, and often a bar, setting them apart from other restaurant models.

2024 52