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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. Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. Inventory turnover ratio.

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Coffee News Recap, 24 Mar: Winners of first-ever Global Coffee Awards announced at PRF El Salvador, Starbucks welcomes new CEO as workers strike at over 100 US locations & other stories

Perfect Daily Grind

The UK roaster says its acquisition of Bottleshot will allow it to expand into grocery and RTD coffee markets. The two will work together to promote locally-grown coffee on the international market. Thu, 16 Mar – Crop losses during 2022/23 Brazilian coffee harvest raised domestic prices higher than export values.

2023 140
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MRM Research Roundup: Mid-September 2021 Edition

Modern Restaurant Management

In a survey of 4,079 small business owners conducted from 8/15 to 9/13/21, 66 percent reported having a "very difficult" time finding the right employees to fill open roles, many of which are necessary to help them drive revenue and rebound. In July, 47 percent couldn't hire enough employees. Dining Trends in Canada.

2021 164
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How Restaurant CEO Priorities are Evolving in 2020

Aaron Allen & Associates

Pershing Square Capital, led by Bill Ackman, made an investment in Chipotle (NYSE: CMG) in 2016. so implementing other purely cost-cutting strategies would lead to cutting bone and ultimately undermining both the guest and employee experience. A 2% increase in sales is equivalent to a 10% reduction in cost.

2020 98
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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 in market cap. Restaurants’ purchasing power also affects what they can get from suppliers and the prices they can get.

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

Modern Restaurant Management

This edition of MRM News Bites features Boston Market, Danu Partners, P.F. New CEO at Boston Market. Boston Market® named Eric Wyatt as Chief Executive Officer. Boston Market® named Eric Wyatt as Chief Executive Officer. “Most importantly, there is a robust game plan in place to take the brand forward.

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MRM Research Roundup: Mid-December 2020 Edition

Modern Restaurant Management

Service-related mentions became more positive by 6.0 Specifically, Orlando, FL topped the list of major markets with the most positive restaurant sentiment, as was the norm before the pandemic. The markets with the highest ambiance sentiment during November were Los Angeles, Phoenix, Orlando, Minneapolis and Washington DC.

2020 164