Remove 12 24 the-life-we-have
article thumbnail

MRM Research Roundup: Mid-July 2021 Edition

Modern Restaurant Management

restaurant industry has shown remarkable resiliency, having lost as much as 35 percent of visits at the beginning of the pandemic, but still has a ways to go to get back to pre-pandemic levels, reports The NPD Group. Visits at the dinner daypart were down -5 percent in May 2021 from a year ago and -12 percent from two years ago.

2021 190
article thumbnail

MRM Research Roundup: 2022 Restaurant Trends

Modern Restaurant Management

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 216
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

Attrition Rate: Definition, Benefits, And Calculation

Sling

In this article, we discuss attrition rate in all its glory and provide a step-by-step guide to crunching the numbers for yourself. Some departures may have been employees who were pulling the rest of the team down (e.g., Trimming the fat,” so to speak, can have a wide range of positive effects across your entire company.

article thumbnail

MRM Franchise Feed: Franchising for Heroes and Shaq-a-Roni for Charity

Modern Restaurant Management

Apple American Group LLC (AAG), a wholly-owned subsidiary of Flynn Restaurant Group LP (FRG), was named the 2021 Abe Gustin Franchisee of the Year by Applebee’s Neighborhood Grill + Bar. The award was presented during the 2021 Applebee’s Business Meeting, which was held in Scottsdale on November 16, top photo.

Franchise 178
article thumbnail

Lower Middle Market Foodservice: Ideas with High Potential

Aaron Allen & Associates

As long as industry experts are involved to point the investor in the right direction in terms of categories, cuisines, and formats, investing in lower middle market restaurant chains can have a large upside with reduced risk. Where should lower middle market investors look for investments?

article thumbnail

In West Bengal, Date Palm Jaggery Is a Winter Delicacy. It’s Also in Danger of Extinction.

EATER

Before daybreak Mistry repeats this exercise on 12 date palm trees. This,” Mistry explains, “is how we make nolen gur, the most premium version of date palm jaggery.”. This,” Mistry explains, “is how we make nolen gur, the most premium version of date palm jaggery.”. Cha Pornea.

article thumbnail

Restaurant SPAC-ilicious: What Is a SPAC, and How They May Impact the Foodservice Industry

Aaron Allen & Associates

This seems like a lot, but it’s distributed across all industries (and there have been a handful specifically for restaurants and foodservice). There are currently (as of January 2021) 283 SPACs seeking a target. You’ve probably been hearing a lot about SPACs. In the U.S., $42 When that happens, the SPAC sponsors lose millions.