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How Restaurants Can Remain Competitive in 2021

7 Shifts

million out of work, it was nothing short of devastating. We’re not talking about just surviving the pandemic—but thriving through 2021 and beyond, and setting new standards. We’re not talking about just surviving the pandemic—but thriving through 2021 and beyond, and setting new standards. Embrace Digital Hospitality ??

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Restaurant Forecasting: How To, Formulas, Methods, and More

7 Shifts

Staff scheduling, inventory management, menu analysis , guest satisfaction, profitability, and so much more rest on the shoulders of accurate restaurant forecasting. Factors to Incorporate in Your 2021 Restaurant Forecasting. Restaurant forecasting isn't really a "nice to have" - it's a step all successful restaurateurs have to take.

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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.

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How AI Alleviates Restaurant Pain Points

Modern Restaurant Management

And now as a recession looms on the horizon, eight percent of restaurants are reportedly laying off employees heading into 2023, setting the stage for a tough season as holiday demand puts pressure on already-frustrated staff. Demand for Dining Out Isn’t Going Anywhere. Taking Orders with Artificial Intelligence.

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Restaurants Can Leverage Their POS System to Make the Most Out of Outdoor Dining

Modern Restaurant Management

According to the National Restaurant Association's 2021 State of the Restaurant Industry report , 70 percent of consumers reported they would likely take a table outside if the conditions were right. Actionable Insights Gathered by POS Data. Customized and Tailored Promotions.

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Restaurant Business Trends to Follow in 2021

Goliath Consulting

Here are our best guesses for the business trends of 2021. Meanwhile, Chipotle is testing out new restaurant designs, and now have more than a 100 “Chipotlanes,” drive-thru stores where customers can pick up their digital orders (4). This flexibility will key as the cold season approaches (6). of total sales (4).

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Rising Restaurant Minimum Wage: What to Know for 2021

Touch Bistro

When your business is located in an affected region, the federal minimum wage takes a back seat to the state or city rate. Minimum Wage Rates for 2021 by State. state minimum wage rates for 2021 and the planned increases: Alabama: $7.25/hour This information is current as of August 2021. hour on October 1, 2021.

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