2021 Back of House BOH POS 
7 Shifts
NOVEMBER 3, 2021
According to data from IBM , in 2021 the average cost of a data breach in restaurants cost $3.03 This means access to things like: Unauthorized access to POS data. The most important ones for restaurateurs and operators to be aware of are: POS Data. Table of Contents. The cost of restaurant cybersecurity. million in 2020 alone.
The Restaurant Times
SEPTEMBER 16, 2021
In turn, it leaves more time and energy to focus on delighting guests with delicious food and new memorable dining experiences, be they in-house or off-premise. The POS systems become the anchor for many of these transformations. percent between 2021 to 2028. billion by 2028. billion by 2028.
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Restaurant365
FEBRUARY 4, 2021
According to payroll experts , half of the states in the US will see minimum wage increases in 2021. Twenty five states will raise the minimum wage during the year, while 21 of these states implemented the increase on January 1, 2021. Washington state has the highest minimum wage for all employers at $13.69.
The Restaurant Times
MARCH 6, 2023
In fact, according to reports , the net profit margins across the restaurant industry decreased from 16% in Q2 2021 to 9.59% in Q2 2022. In fact, according to reports , the net profit margins across the restaurant industry decreased from 16% in Q2 2021 to 9.59% in Q2 2022. Your profit margins should be as high as possible.
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. We’re also likely to see a spike in the demand for data analysts in the back office, those who can help make sense of all the new data coming in from various digital channels. Here are their responses.
Apicbase
FEBRUARY 29, 2024
million in 2021, to $974.9 million tons in 2020 and 12 million tons in 2021. 85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. million tons in 2020 and 12 million tons in 2021. At first glance, some stats might seem to contradict each other.
Apicbase
JANUARY 13, 2023
The average profit margin for US restaurants in 2022 was 10.6% , showing it’s slowly inching back to pre-pandemic levels (12% in 2019). The average profit margin for US restaurants in 2022 was 10.6% , showing it’s slowly inching back to pre-pandemic levels (12% in 2019). Let’s dig in. This trend is expected to continue in 2023.
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