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Top Restaurant Tech Trends in 2024

Chowly

While restaurant sales are predicted to rise in 2024, high operational costs will limit profit margins. Sales and Economic Forecast Independent restaurants bore the brunt of the pandemic, with approximately 10% closing in 2020 compared to 2.5% Sales are projected to rise, but the higher cost of doing business will challenge margins.

2024 96
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How to Start a Food Delivery Service for your Business

Lavu

There has been a significant rise in the demand for food delivery since 2019. Next, you should invest in reliable technology, such as a user-friendly website or mobile app, to streamline the ordering process for customers. Food delivery has become a cash cow for restaurants because it’s convenient and easy for customers.

Delivery 166
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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. Topline numbers show robust restaurant sales growth during November. Same-store sales growth was 1.6

2019 105
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Winter 2019 F&B Legal Update

Modern Restaurant Management

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. AB 626 permitted home cooks to make up to 60 meals a week and make up to $50,000 in food sales a year. Legislation. Litigation.

2019 73
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Is Contactless Forever?

Modern Restaurant Management

Restaurants have endless third-party ordering app options, but those do come with a price, approximately five-twenty percent of each sale. POS and restaurant management software have made it easier than ever to set up your own system and cut out the need to reach out to a third-party whenever there are issues.

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MRM Research Roundup: Year-End 2020 Edition

Modern Restaurant Management

spent per order, on average, across restaurant websites. spent per order, on average, across restaurant websites. 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.

2020 206
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MRM Research Roundup: 2022 Restaurant Trends

Modern Restaurant Management

71 percent rely on delivery for 11 percent or more of sales. 33 percent rely on delivery for more than 20 percent of sales. 65 percent rely on mobile ordering for 11 percent or more of sales. 25 percent rely on mobile ordering for more than 20 percent of sales. Investment in delivery and mobile ordering pays off.

2022 212