Remove 2019 Remove Employee Relations Remove Fast Casual Remove Pricing
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. Fast-casual: 28.9%.

article thumbnail

MRM Research Roundup: End-of-September 2021 Edition

Modern Restaurant Management

The data further signaled that price increases have had a significant impact on consumer restaurant habits. Nearly two-thirds (63 percent) of participants indicated they have ordered or visited less due to higher prices. Inflation and Pricing Concerns. · 63 percent of customers are impacted by recent price increases.

2021 171
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

MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

While restaurant sales were lower for November of 2018, November of 2019 did not include the same holiday headwinds. The best performing segments during November were those whose sales are the most negatively affected by Thanksgiving: fast casual, upscale casual and casual dining. First, at 2.1

2019 128
article thumbnail

Consumer Confidence Bolsters Restaurant Sales & Traffic Growth in August 

Black Box Intelligence

A drop in gas prices combined with a more positive short-term outlook for income, business, and the labor market were all contributing factors. High Prices, Large Check Growth Fuels Increase in Sales Despite Declines in Traffic . On average, each restaurant was operated by 4 fewer front-of-house, non-management employees.

article thumbnail

Has Private Equity Money Dried up for Restaurants?

Foodable

Instacart still could be overvalued relative to DASH, however, as its revenue growth, last year was less than a third of DoorDash’s, 21% versus 69%, while its price-to-sales ratio is more than 50% higher at 13x compared to DASH’s 7.5x. Fast Casual Drive-Thru? Will this move continue to help the stock price ?

article thumbnail

??Widespread Slowdown of YoY Sales and Traffic Growth Continues for all Restaurant Segments

Black Box Intelligence

July’s top performing segments based on sales growth were Family Dining and Fast Casual. The industry’s worst performing segments – those posting negative YoY same-store sales growth – were Casual Dining and Fine Dining. But it’s not just about price. Pay Adjustments Key to Reducing Employee Turnover In Restaurants.

article thumbnail

A Guide to Black Box Intelligence Data: How to See Current Trends Broken Down by Restaurant Category

Black Box Intelligence

These are fast-changing times for all types of restaurants. Quick-service and fast casual restaurants fall under the limited-service umbrella. Fine dining, upscale, casual family dining and casual dining restaurants fall under this category. Another trend we’re watching is pricing. Fast casual restaurants.