article thumbnail

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. Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. Employee Turnover Rate.

article thumbnail

Restaurant Industry Suppliers: Time to Retool and Realign

Aaron Allen & Associates

Between 2015 and 2017, Chipotle had a series of foodborne illness outbreaks related to compromised food safety. As a result, between September 2015 and January 2016, the company lost $10.5B Restaurants’ purchasing power also affects what they can get from suppliers and the prices they can get. in market cap.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

10 Alternative Foodservice Formats Impacting the Restaurant Industry

Aaron Allen & Associates

Since 2015, this segment has more than doubled its footprint, and interest in the format — which alleviates some operational risks and costs for operators — is not expected to slow down. Food Halls Food halls are expanding at a rate 16x as fast as restaurants in the U.S., There were some 180 food halls in the U.S. In the U.S.,

article thumbnail

Marrickville’s most Unpretentious Gin Hall and how they use Kounta in their Day-to-Day

Kounta

The guys over at Poor Toms Gin Hall in Marrickville have been distilling their own spirits locally since 2015. We only have seven employees in the company, so everyone does a little bit of everything. it’s smart & simple, and the price is really competitive. You’re the brand ambassador and the venue manager, right?

article thumbnail

German Restaurants Are Expanding: 57 Concepts You Should Know

Apicbase

Founded in 1982, in May 2015 Kamps was acquired by Groupe Le Duff, a French global operator in the Café and Bakery space. What makes them unique, however, is the in-house academy (called the Suniversity), where they train employees to exceed guests’ expectations.

article thumbnail

P.F. Chang’s To Go and Wing Squad Delivers

Modern Restaurant Management

.” The reduction of traditional labor and overhead costs are slashed by utilizing existing restaurants and delivery services, meaning Wing Squad is able to provide a superior product to consumers (Wing Squad's wings have no antibiotics or preservatives), at an affordable price. New Branding for Fish City Grill.

article thumbnail

47 Scaling Restaurants In Scandinavia To Keep An Eye On (Because They Are Awesome)

Apicbase

When they opened their first outlet in 2017, they knew that Halifax’s concept didn’t have to be just about serving delicious burgers in an informal environment, but also about taking care of their employees with summer parties and fun team building events. ” Gorm’s. 14 Outlets. Alen Mansour’s LinkedIn Profile.