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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. It also plays a key factor in pricing your menu. in 2016, compared to just 42% for the whole labor force. Employee turnover rate. Table turnover rate. Sales per labor hour.

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3 Ways Restaurants Can be Philanthropic

Lavu

Food waste in the United States is a growing issue. In 2016, 72 billion tons of edible food were thrown out, and that number has increased over the last few years. A restaurant POS is designed to help you avoid wasting inventory, but leftover food is still to be expected from most restaurants. Prepare Meals for the Homeless.

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The Future of Restaurants Depends on Universal Healthcare

EATER

Ray’s seminal book The Ethnic Restaurateur , published in 2016, reveals the changing tastes of the American diner, as seen through the cuisines they eat and the livelihoods of the immigrant restaurateurs that make those dishes. But I’m pessimistic about others,” Ray said in a 2016 interview with the Washington Post.

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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

From beer made from rejected cereal pieces to containers made from organic mushroom waste, food waste will lead the way for more sustainable consumption and innovation. Global food prices are rising worldwide. Twenty-six countries in the index report food price inflation of 5 percent or higher in the past year.

2019 128
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What’s Next in Wine Preservation and Wine Service for By-The-Glass?

Bermar America

2016 will be remembered as a year marked by higher expectations. Wine savvy, taste curious, and price aware guests will embrace the holiday festivities with an intention to enjoy quality sparkling wines especially by-the-glass. Building momentum on the launch of our new product range was one of the key highlights of 2016.

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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. Traditional Cost-Cutting Isn’t Cutting It Any More The low-hanging fruit has already been harvested across many restaurant systems (think reducing food waste, cutting labor hours, etc.), When Arex disclosed an 8.5%

2020 98
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Restaurant Robotics: How Robots Are Changing Foodservice

Aaron Allen & Associates

Already in 2019, restaurants were not able to pass inflationary costs on to consumers (back then, the average restaurant price increase was 3.1% And in 2021 restaurant price increases were 4.5% Royal Caribbean Has Robotic Arms Prepping Cocktails Royal Caribbean has been employing Makr Shakr in its Bionic Bar since 2016.