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MRM Research Roundup: Year-End 2020 Edition

Modern Restaurant Management

Key findings from the report include: Direct online ordering booms as restaurants recognize the need to bypass third-party marketplaces : Average monthly online order volume grew 250x since the COVID-19 pandemic began, with $59.18 spent per order, on average, across restaurant websites. Top Restaurant Trends.

2020 211
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MRM Research Roundup: Mid-April 2020 Edition

Modern Restaurant Management

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.

2020 196
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MRM Research Roundup: Mid-December 2020 Edition

Modern Restaurant Management

A new survey from Oracle Food and Beverage found that 60 percent of respondents plan to stay at home during the holidays, and 42 percent are considering ordering their holiday meals from a local restaurant. When it came to ordering take-out, Gen Z led with 28 percent. . Diners Show Holiday Spirit. Hassle-free holiday meals.

2020 167
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Entering China’s Emerging Coffee Market

Perfect Daily Grind

million tons of tea in 2018, and currently accounts for almost 40% of the world’s total tea consumption. At this point, the specialty coffee scene was still a long way from becoming established. Between 2017 and 2018 their revenue almost doubled, and it’s estimated that a new Starbucks store opens every 15 hours in the country.

Marketing 138
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Why Opening A Takeaway Restaurant In India Is Easier Now

The Restaurant Times

Since 2018, the takeaway business in India has grown by approximately 17% every four months. By this point, you would have certainly thought of the basics like location, uniform design, a logo, a beautiful menu, kitchen staff and the equipment required, and marketing in general. Marketing Of Your Takeaway Restaurant. Fire License.

License 52
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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. You made a 6% profit margin—or just shy of the 2018 industry average of 6.1%. In 2018, Wendy’s saw a profit margin of 15.9%. So, why do it? Why run a restaurant at all?

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. You made a 6% profit margin—or just shy of the 2018 industry average of 6.1%. In 2018, Wendy’s saw a profit margin of 15.9%. So, why do it? Why run a restaurant at all?