EATER

APRIL 10, 2024

Caviar, of course, was purchased by competitor DoorDash in 2019, ending that air of exclusivity.) As it does with other partners, Wonder offered him a cash payment plus equity in the company to sign on, a compensation structure that’s common in tech startups but not in restaurants. Wonder has managed to raise a whopping $1.5

Delivery 135

Delivery Cash Management Point of Sale Back of House 135

Modern Restaurant Management

JULY 20, 2021

Total restaurant visits were down -6 percent in May 2021 compared to May 2019 but were up +23 percent from a year ago, recovering from a -23 percent decline in May 2020. Snack were up this May +8 percent compared to May 2019 and up +3 percent compared to two years ago. Each daypart — morning meal, lunch, dinner, and P.M.

2021 186

2021 Guest Recovery Online Ordering Point of Sale 186

MBB Hospitality

SEPTEMBER 12, 2019

Is restaurant franchising on the rise in 2019? According to the International Franchise Association’s latest report which was in 2018, the overall franchise industry is expected to continue to do well all throughout 2019. Focus on Restaurant Technology. Keep eye on cash flow. appeared first on MBB Management.

Franchise 40

Franchise Franchising 2019 Cash Management 40

Deliverect

DECEMBER 7, 2020

Restaurants either embraced technology and survived, or didn’t. Some full-service restaurants managed to pivot and find a way to offer their multi-course meals for delivery. Technologies like digital menus, QR codes , contactless ordering, and payment at the table suddenly became the norm. Takeout is king.

Online Ordering 148

Online Ordering 2021 Delivery Ordering 148

Deliverect

DECEMBER 7, 2020

Restaurants either embraced technology and survived, or didn’t. Some full-service restaurants managed to pivot and find a way to offer their multi-course meals for delivery. Technologies like digital menus, QR codes , contactless ordering, and payment at the table suddenly became the norm. Takeout is king.

Online Ordering 146

Online Ordering 2021 Delivery Ordering 146

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash. Smart Foodservice had 2019 revenues of approximately $1.1

Bar 133

Bar Cash Management Loyalty Program Point of Sale 133

Rocket Fuel

JANUARY 26, 2024

And with delivery channel growth up 1,343% since 2019, delivery doesn’t seem to be going anywhere. In this guide, we’ll cover everything from understanding delivery losses to manual recovery methods and the benefits of leveraging technology for automated recovery. That’s a lot of time spent retrieving your hard-earned cash!

Delivery 52

Delivery Back of House Customer Service Technology 52

Modern Restaurant Management

JANUARY 12, 2022

The pandemic has permanently altered the consumer-restaurant relationship with operators investing in technology and real estate to align with changing consumer preferences, according to the 2021 Restaurant Franchise Pulse survey, conducted by TD Bank. The Pandemic Has Permanently Altered the Consumer-Restaurant Relationships.

2022 212

2022 Mobile Ordering Guest Recovery Point of Sale 212

Modern Restaurant Management

AUGUST 31, 2021

The comparable week last year (to August 22 2020), while in recovery compared to the height of restrictions, was still lower than the same week in 2019. However, velocity remains strongly positive versus last year (+43 percent) and 2019 (+20 percent). Sales velocity is now +20 percent vs August 24, 2019.

2021 142

2021 Point of Sale White Paper 2019 142

EATER

NOVEMBER 1, 2022

As a server my job was not only to prepare drinks and run food, but to assist customers in navigating the technology, troubleshooting when it didn’t work, and explaining, repeatedly, why exactly our restaurant did things that way — and I didn’t exactly have a good answer. Handing Over Our Agency to Machines.

Mobile Ordering 116

Mobile Ordering Customer Service Food Order Online Ordering 116

Rocket Fuel

MARCH 2, 2022

Delaget and RASI became API partners and started their mission together in 2019 to increase operational value and efficiency to growth-focused restaurateurs looking to streamline their process and scale by insights. The duos’ automation of accounts payable data has resulted in both time and financial gains for operators across the country. .

Cash Management 98

Cash Management Operations Consumer Goods Inventory 98

Modern Restaurant Management

SEPTEMBER 15, 2021

Convenience is key when it comes to technological innovations, especially when appealing to younger audiences. “We’ve seen restaurants completely pivot their business model, market to completely new demographics with great success and implement new technology that streamlines efficiency.” California.

2021 176

2021 Loyalty Program Retail Online Ordering 176

Perfect Daily Grind

FEBRUARY 10, 2023

The new headquarters also includes a Hemro Innovation & Technology campus. The US Department of Labor says the businesses “illegally allowed managers to keep a portion of the tips earned by workers”, which violated the Fair Labor Standards Act. from December 2022. The Opus will be available later this month.

2023 122

2023 Pricing White Paper 2022 122

Modern Restaurant Management

FEBRUARY 4, 2022

This instability will push operators to trim costs by shortening menus and investing in labor-saving technology to free up cash for wage increases. A short menu can slim down the food costs through streamlined inventory management, as well as reduced food waste. Delivery Options.

2022 216

2022 Customer Service Online Ordering Website Management 216

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.

Food Safety 207

Food Safety Mobile Ordering Online Ordering Kitchen Safety 207

Restaurant365

FEBRUARY 8, 2022

It provides your managers with the data they need to help run the business. It also helps prevent overstaffing to prevent cash flow bleeding. You want to prevent inventory sitting on shelves because that affects cash flow. Some operators are using 2019 as a benchmark. Store-level manager accountability.

2022 78

2022 Cash Management Point of Sale Inventory 78

Qu

SEPTEMBER 16, 2022

… but it IS vastly: Different / Changed Evolving Struggling Misunderstood (it’s not about Hardware) Under-served (from a Technology & Innovation standpoint) At Qu we’ve been all about going “Beyond POS” since we rebranded using that tagline in 2018. That paper was published in fall 0f 2019.

POS 52

POS White Paper Point of Sale Cash Management 52

Modern Restaurant Management

MARCH 16, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features some surveys surrounding Coronavirus and the restaurant industry, the best locations for chefs, online payment fraud and top trends for QSRs. analyzed daily traffic from February 26 through March 7 and compared it to the equivalent period in 2019.

Mobile Ordering 108

Mobile Ordering Online Ordering Point of Sale POS 108

Modern Restaurant Management

MAY 27, 2020

Appropriate spatial distancing practices through visual cues, physical alterations and adaptive technology. Investing in and expanding emerging technologies to drive contactless experiences. Available and emerging technology. Redesigning workflows to ensure safe distancing between employees. Motion sensors.

Food Safety 165

Food Safety Kitchen Safety Mobile Ordering Guest Recovery 165

Modern Restaurant Management

DECEMBER 21, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their perspection on 2020: What lessons did you learn and what do you feel the restaurant industry learned this year? This better, smarter use of technology to keep customers informed also helps with ordering and planning. Here are their responses.

2020 166

2020 Online Ordering Point of Sale Fast Casual 166

Modern Restaurant Management

DECEMBER 28, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. Restaurant owners will lean heavily on technology that is intuitive, can be easily integrated with existing systems. Here are their responses. To read part two, click here. generation.

2021 193

2021 Kitchen Safety Food Safety Mobile Ordering 193

Sante

APRIL 13, 2020

Restaurant sales of plant based meat substitutes increased 87% last year, according to Buyer’s Edge Platform , a restaurant supply chain company that helps operators use technology to save money and run their restaurants more efficiently. In 2019 available varieties jumped to 51 items that were available to order.

Sustainability 130

Sustainability Innovation 2019 2018 130

Buzztime Business

FEBRUARY 3, 2021

As of the date of this press release, NTN has received no proposal regarding any potential acquisition or similar transaction from any party, and NTN’s management and board of directors remain focused on closing the proposed merger with Brooklyn and the proposed asset sale to eGames.com.

Specials 60

Specials Cash Management Point of Sale Document 60

The Restaurant Times

JUNE 25, 2021

From a single restaurant in April 2019, it grew to 4 outlets across top locations in Delhi-NCR in just one year and is growing further. The biggest challenge the industry is facing today is poor cash flow. However, when the cash flows dry up and sales drop, restaurants end up with limited working capital.

Customer Experience 72

Customer Experience Dine-in Kitchen Safety Cash Management 72

Modern Restaurant Management

MAY 17, 2021

percent compared to April 2019. percent compared 2019. percent compared to 2019, outpacing their Full-service counterparts (-13.5 And 34 percent have only one month or less left of cash reserves (that’s up 4 percent from April). retail sales excluding automotive and gasoline increased 23.3 Online sales grew 19.9

2021 194

2021 Consumer Goods Small Business Fine Dining 194

Modern Restaurant Management

JUNE 14, 2020

For the 2019 financial year, Grubhub had 23 million active customers, recorded 180 million orders, GMV of $5.9 An easy-to-read dashboard provides managers verification in real-time that employees are following and performing all mandated measures and protocols. We could not be more excited.” billion and revenues of $1.3

Food Safety 148

Food Safety Loyalty Program Kitchen Safety Online Ordering 148

Buzztime Business

MARCH 1, 2021

The NTN board of directors reiterates the following: The negative impact of the COVID-19 pandemic on the restaurant and bar industry was abrupt and substantial, and NTN’s business, cash flows from operations and liquidity has suffered, and continues to suffer, materially as a result.

Cash Management 60

Cash Management Point of Sale Document Employee Relations 60

Cheetah

APRIL 13, 2021

Just five years after Cheetah was founded, we’ve managed to process over 350,000 orders, supply over 1,000,000 products, and service over 3,000 restaurants. Legacy broadline distributors like Sysco and US Foods lacked price transparency and a convenient way for small business owners to search for inventory and manage their daily purchasing.

Operations 78

Operations Food Truck Food Supply Small Business 78

Modern Restaurant Management

FEBRUARY 18, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry movers and shakers: "What do you feel is going to cause disruption in the restaurant industry over the next decade?” Restaurants can prepare for this disruption by investing in agile technology platforms that connect every restaurant touchpoint to work seamlessly.

Mobile Ordering 212

Mobile Ordering Front of House Fast Casual Customer Service 212

Modern Restaurant Management

NOVEMBER 2, 2020

This study is based on two surveys of restaurant customers from December 2019 and June 2020, as well as interviews with executives from quick service restaurants (QSR), fast casual and casual dining brands. From April 2019 to March 2020 – when U.S. From April 2019 to March 2020 – when U.S. Restaurant Satisfaction.

2020 219

2020 Mobile Ordering Hotels Food Safety 219

Aaron Allen & Associates

JUNE 23, 2021

The foodservice industry can be a great source of targets with high growth rates, steady cash flows, and moderate risk. Among the fastest-growing lower middle market restaurant chains, the fastest-growing categories in the last three years (to 2019) included bowls and salads and Mexican, surpassing a 10% sales CAGR.

Marketing 59

Marketing Point of Sale 2019 2016 59

Modern Restaurant Management

DECEMBER 14, 2020

The company has also added a Deep Cleaning Checklist and guiding principles for Managing Indoor Air. a restaurant management cloud-software company based in Rhode Island and a Vista Equity Partners portfolio company. "Combining " Lightspeed Acquires Upserve. Lightspeed POS Inc. acquired Upserve Inc. ,

Webinar 186

Webinar Customer Experience Mobile Ordering Customer Service 186

Touch Bistro

MARCH 23, 2021

Restaurant accounting and tax specialists have navigated many operators through millions of dollars in relief and helped them become cash flow positive through the pandemic. This article will also cover: Important restaurant tax deadlines for 2021 5 steps you need to take to increase cash flow during tax season. payroll costs.

2021 52

2021 Cash Management Employee Relations 2020 52

Apicbase

FEBRUARY 29, 2024

54% of restaurants plan to spend more on technology in 2024. Square , 2024) Get started : Restaurant Inventory Management Software for Multi-Unit Restaurants and Large-scale Catering Operations. It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 However, there is still a 2.6%

2024 52

2024 Operations 2023 Loyalty Program 52

Modern Restaurant Management

DECEMBER 27, 2019

This edition of MRM News Bites features NCR, Bloom Intelligence, The American Food Association, The Dinex Group, Performance Food Group Company, Appetize and Restaurant365, Snackpass, PAR Technology, Net Element, Sensory, GRIF, Picnic and El Pollo Loco. based Zynstra, a provider of edge virtualization technology. NCR Acquires Zynstra.

Mobile Ordering 107

Mobile Ordering Customer Service Point of Sale Customer Experience 107

Modern Restaurant Management

MAY 5, 2021

The study also uncovers consumers’ QSR competitive positioning, brand preferences, delivery trends, and use of new technology. Reassuringly, On Premise velocity is showing positive signs of nearly reaching levels seen in 2019. The impact of COVID-19 on customer behavior was experienced swiftly f by all industries.

2021 192

2021 Loyalty Program Coupons Fast Casual 192

Modern Restaurant Management

DECEMBER 31, 2019

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education. Plant-based Menu Items.

2020 136

2020 Kitchen Safety Consumer Goods Point of Sale 136