Modern Restaurant Management

DECEMBER 20, 2021

Restaurants have endless third-party ordering app options, but those do come with a price, approximately five-twenty percent of each sale. Contactless payment eliminates a potential hurdle between you and more sales. It is safe to say that the future of restaurants has been altered forever. What Is Contactless Dining?

Mobile Ordering 227

Mobile Ordering Online Ordering Consumer Goods Customer Experience 227

Chowly

FEBRUARY 23, 2024

However, challenges persist with rising prices across various categories, potentially impacting household budgets. While restaurant sales are predicted to rise in 2024, high operational costs will limit profit margins. Sales are projected to rise, but the higher cost of doing business will challenge margins.

2024 96

2024 Loyalty Program 2023 Point of Sale 96

Modern Restaurant Management

OCTOBER 26, 2022

A Federal Reserve Bank of San Francisco Diary of Consumer Payment Choice report further revealed that consumers continued to use credit cards and debit cards for most of their payments, accounting for 57 percent of total payments in 2021 compared to 55 percent in 2020 and 54 percent in 2019. According to a PYMNTS survey of 3,250 U.S.

Consumer Goods 179

Consumer Goods Restaurant Law Audits Customer Service 179

Modern Restaurant Management

DECEMBER 30, 2020

At-home meal kits increased 13x in 2020 from 2019, with some of the most popular options including NYC-based I CHIRAN’s Take-Home Ramen Kit and New England Lobster’s Lobster Roll Kit in San Francisco. This edition of MRM Research Roundup features top trends for 2020, how 2020 changed food and the year's top wines.

2020 211

2020 Merchandise Retail Point of Sale 211

Lavu

JUNE 3, 2019

Restaurants see a 26% uptick in sales with seasonal menus and a 23% increase in average ticket size. . Restaurants see a 26% uptick in sales with seasonal menus and a 23% increase in average ticket size. . After all, 2019 is the summer of the smoky cocktail (see below). In other words, it’s party time! Smoke Your Drinks.

2019 60

2019 Seasonal Menu Compost Point of Sale 60

Modern Restaurant Management

JUNE 22, 2020

In January of 2020, Impossible Foods, a leader in plant-based meat alternatives, primarily focused sales on the restaurant trade, selling to less than 200 supermarkets; by May of 2020, the company was selling its line of plant-based products in more than 3,000 retail markets and grocery stores. agriculture supply chain are felt.

Point of Sale 179

Point of Sale 2019 Food Supply Restaurant Law 179

EATER

FEBRUARY 27, 2024

. | Elijah Nouvelage/Getty Images Earlier this week, the FTC filed a lawsuit alleging that the deal would eliminate competition and raise grocery prices It’s likely that the place you shop for groceries every week is owned by one of two companies — Kroger, or Albertsons. billion merger. antitrust concerns” over the merger.

Restaurant Law 78

Restaurant Law 2023 Consumer Goods Back of House 78

Black Box Intelligence

AUGUST 20, 2022

Best and worst performing region, segment and cuisine is based on same-store sales growth. Sales and traffic growth face difficult laps from 2021’s release of pent-up demand and stimulus. Sales and traffic growth face difficult laps from 2021’s release of pent-up demand and stimulus. percentage points compared to last month.

Fast Casual 89

Fast Casual Fine Dining Point of Sale Casual 89

Black Box Intelligence

MAY 23, 2023

Best and worst performing region, segment and cuisine is based on same-store sales growth. Restaurant Sales Growth Weakest Since July Restaurants saw their year-over-year same-store sales and traffic growth fall for the third consecutive month in April. Same-store sales growth was 1.3% Same-store sales growth was 1.3%

Webinar 52

Webinar Point of Sale 2022 Front of House 52

Black Box Intelligence

SEPTEMBER 16, 2022

Restaurant Sales Growth Rebounds – Posting Best Month Since March 2022 . Best and worst performing region, segment and cuisine is based on same-store sales growth. Restaurant sales and traffic growth rebounded this month thanks in large part to an increase in consumer confidence. Restaurant same-store sales growth was +5.3%

Fast Casual 68

Fast Casual Point of Sale Front of House Fine Dining 68

7 Shifts

NOVEMBER 29, 2022

There are 101 ways to dole out restaurant tips - from percentages to points to whether kitchen staff gets a share. Honestly, that's more of a point of pride for them.It Everything was built into the menu price. Kelly Phillips - Founder and Hospitality Director @ Destination Unknown Restaurants in Washington, D.C. The Panelists.

BOH 195

BOH Restaurant Law Back of House Front of House 195

Sante

JANUARY 14, 2020

And Rob McMillan’s authoritative 2019 Silicon Valley Bank wine report says the industry is over-producing and under-consuming, in part because Millennials aren’t drinking as much as their elders or are else drinking something else. And I think the wine trade has fixated too much on how much wine sales grow each year in the U.S.

Consumer Goods 130

Consumer Goods Point of Sale Vineyard 2019 130

Modern Restaurant Management

JANUARY 13, 2020

Now that the new year is here, it’s the perfect time for restaurant operators to review their 2019 performance and identify areas that can be improved in 2020. Pricing events for happy hours and special occasions. Mobile phone manager alerts for voids and pricing event approvals. Employee time-off requests.

2020 189

2020 Website Management Online Ordering Point of Sale 189

Black Box Intelligence

OCTOBER 27, 2022

Restaurant sales, Restaurant traffic, PPA (per person average), Sales per labor hour, Daypart, Beverage versus food sales, and On and off-premise sales. Restaurant sales, Restaurant traffic, PPA (per person average), Sales per labor hour, Daypart, Beverage versus food sales, and On and off-premise sales.

2023 68

2023 Point of Sale 2022 Consumer Goods 68

Modern Restaurant Management

JULY 15, 2020

According to the latest Financial Trends Insights from Black Box Financial Intelligence™ , based on data from the week ending June 28, restaurants sales continue improving. See the latest sales and traffic results here: Sales Improve but Restaurants Should Brace Themselves for Challenges Ahead. Financial Trends Insights.

2020 195

2020 Mobile Ordering Point of Sale Fast Casual 195

Modern Restaurant Management

JULY 5, 2022

If, you were doing great in 2019 with a full staff, we need to look at the model that made you successful. Today we are all so shorthanded, we know that guests hate to see empty tables, and we feel the pressure to seat those stations to the point where our servers are now trying to handle 10 tables.

Seating 187

Seating Training Customer Service Point of Sale 187

Black Box Intelligence

DECEMBER 16, 2022

Best and worst performing region, segment and cuisine is based on same-store sales growth. However, when looking more granularly at the data, same-store sales growth was -3.4% When comparing November against the growth rate reported for both September and October, sales took a 1.8 percentage point drop.

Fast Casual 40

Fast Casual Point of Sale Front of House Fine Dining 40

Hot Schedules

DECEMBER 7, 2021

While diners and other service consumers may be willing to shell out more for an experience, the nature of retail purchases mean consumers know of price hikes before even selecting an item. Most research into the phenomenon points back to one factor — pay. Rethinking Pay Norms: How Retailers Can Attract Exceptional Talent. million U.S.

Retail 78

Retail Employee Relations Hotels 2022 78

Black Box Intelligence

MARCH 24, 2023

Best and worst performing region, segment and cuisine is based on same-store sales growth. As was expected, once the upward boost created by the easier comparisons due to Omicron started to fade in February, restaurant same-store sales and traffic growth started moderating back to where they were at the end of last year.

Point of Sale 79

Point of Sale 2022 2023 Hiring 79

Lavu

FEBRUARY 12, 2020

Gourmet and artisanal ice cream prevailed in 2016, globally-inspired ice cream flavors influenced 2017 shop owners, wacky ice cream flavors were trending in 2018, and in 2019, creative ice cream vessels appear to be the new hot trend (like Booyah’s ice cream taco ). Track the Best-Selling Flavors.

Point of Sale 78

Point of Sale Employee Relations Customer Service Loyalty Program 78

EATER

MARCH 24, 2023

The coalition insists that this merger is an obvious monopoly that will lead to “store closures, thousands of lost jobs, and higher food prices.” How the Kroger-Albertsons merger would affect customers If the Kroger-Albertsons merger is completed, its critics say that grocery prices will increase due to diminished competition.

Restaurant Law 120

Restaurant Law Back of House Front of House Consumer Goods 120

Black Box Intelligence

JULY 26, 2022

New data from Black Box Intelligence confirms fewer price hikes positively impacts intent to return; leads to increase in guest traffic and sales. Best and worst performing region, segment and cuisine is based on same-store sales growth. Same-Store Sales Growth Lowest Since February 2021. Traffic growth was -4.8%

Fast Casual 78

Fast Casual Point of Sale 2022 Fine Dining 78

BNG Point of Sale

JULY 16, 2021

In the year 2019, the average restaurant revenue for a new restaurant in the US was $111,860.70. To make the most of restaurants or catering businesses, you’ll need to answer some vital questions and know how much volume the business can generate in sales as monthly revenue, and at any given time. Average Restaurant Revenue.

Point of Sale 52

Point of Sale Seasonal Menu Cash Management Fine Dining 52

Perfect Daily Grind

OCTOBER 1, 2022

revenue growth in 2021, bolstered by rising Nespresso sales. Nestlé states Nespresso was a significant contributor to overall sales growth. The online event will explore the challenges that farmers and their communities face, as well as OOH coffee operators, and expand on how Nescafé provides support to these supply chain actors.

2022 135

2022 2023 Point of Sale Webinar 135

Modern Restaurant Management

JANUARY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features a gloomy start to the new year, dining trends for 2020, the importance of discounts, holiday gift card sales results, delivery frustrations, soda curiosity and a consumer culture report. Same-store sales growth was -2.1

2020 110

2020 Point of Sale Online Ordering Consumer Goods 110

Restaurant365

APRIL 4, 2022

Businesses in most industries spend about 6% to 7% of annual sales on various technology to help make them better at what they do. Today, the industry, Smith said, spends anywhere from one to one-and-a-half percentage points more than it did on technology a decade ago. The State of Sales, Staffing, and Food Costs.

Point of Sale 78

Point of Sale Technology Customer Experience Mobile Ordering 78

BNG Point of Sale

AUGUST 27, 2021

With 1 million in annual sales, you can expect to earn $150K from pre-tax profits! . billion (about $140 per person in the US) worth of pizza was sold in 2019. And that figure only represents pizza consumption in 2019 alone! And that figure only represents pizza consumption in 2019 alone!

Point of Sale 52

Point of Sale Franchise Franchising Small Business 52

Margin Edge

JULY 10, 2019

Yet that is how much of a chef or restaurateur’s time is spent: manually entering invoices, taking inventory counts with paper and a clipboard or reviewing sales results from a point-of-sale system and trying to reconcile them with the purchasing and food cost data kept separately on spreadsheets. 2) Maximizes Profits Per Plate.

Management 49

Management Management Point of Sale 2019 49

Modern Restaurant Management

JANUARY 3, 2024

The conventional approach of utilizing points-based reward systems is making way for a more personalized and gratifying model. I anticipate an array of tailored incentives for patrons, moving beyond predictable points. I anticipate an array of tailored incentives for patrons, moving beyond predictable points.

2024 132

2024 Loyalty Program Customer Experience Customer Service 132

Foodable

MARCH 29, 2022

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. Will this move continue to help the stock price ? on Spreaker. Fast Casual Drive-Thru?

Fast Casual 105

Fast Casual Employee Relations 2021 Point of Sale 105

Modern Restaurant Management

FEBRUARY 10, 2020

broadline foodservice sales of plant-based meat have grown 37 percent in the past year. Del Taco was recognized for adding multiple Beyond Meat items to its menu in 2019 and for heavily advertising these offerings to meat-lovers, vegetarians, and vegans alike. Despite skyrocketing demand for plant-based food across the U.S.,

Hospitality 183

Hospitality Food Consumer Goods Point of Sale 183

Restaurant365

JULY 21, 2021

If your point of sale (POS) system is integrated with your inventory management software, you can use your sales information to automatically track theoretical inventory. End-to-end inventory management can automate multiple steps, like uploading invoices, tracking recipes, and auto-updating item prices.

Inventory 78

Inventory Management Management Waste 78

BNG Point of Sale

NOVEMBER 20, 2020

Today’s online ordering systems for restaurants ensure you get the most for your restaurant dollar at a price that fits your budget, and online ordering systems are a crucial way to increase sales volume. What is a restaurant ordering system? Today’s platforms make ordering and obtaining payments faster and more efficient than ever.

POS 98

POS Ordering Mobile Ordering Online Ordering 98

EATER

AUGUST 16, 2023

After launching and then closing Proteau just three years after it hit the market, John deBary has come to realize that sales aren’t the only way to measure success Recently I’ve been thinking a lot about failure. In 2017 I was at an inflection point in my career. And it was exhilarating.

Point of Sale 90

Point of Sale Front of House Back of House Online Ordering 90

Modern Restaurant Management

JUNE 18, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features recovery data, POS performance and shifting habits of diners. On the Road to Recovery. New Zealand was the first to record a strong trend towards recovery, in correlation to its success in containing the spread of the virus to date. Return to on-premise.

2020 184

2020 Guest Recovery Kitchen Safety Online Ordering 184

Restaurant365

NOVEMBER 20, 2020

After implementing weekly inventories, Eli’s was generating the data needed to monitor whether menu items were priced correctly. The easy reporting in Restaurant365 allowed Mr. Steinbach to quickly pull food costs and cross-examine menu prices. Background. “What should I charge for this? ” he listed.

Demo 148

Demo Point of Sale Cash Management Waste 148

BNG Point of Sale

SEPTEMBER 2, 2021

A 1.4 % increase was recorded in the bar and nightclub industry in 2019. In terms of sales volume, there is no business with higher margins than bars and grills, in the restaurant industry. Average Profit Margin for A Bar and Grill Restaurant. Average Profit Margin for A Bar and Grill . With a market size of $27.1

Bar 52

Bar Point of Sale SEO Customer Service 52