Modern Restaurant Management

DECEMBER 17, 2020

Looking ahead to 2021, there are three trends we see defining the restaurant and hospitality industry. The newest innovations we observe are restaurants investing in ghost kitchens to service larger geographic areas and building out outdoor dining tents which increasingly resemble indoor dining.

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Modern Restaurant Management

JUNE 1, 2021

Now, orders are still being placed via phone, but calls have been swapped out for texts, mobile apps or online, cash registers have been upgraded to more robust technology systems, and contactless payment options are all the rage. In order to truly leverage the digital ordering transformation, an innovative, branded website will be clutch.

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Modern Restaurant Management

DECEMBER 31, 2024

Expect to see functional plants like burdock, angelica, and osha root popping up more frequently, adding a fresh, innovative twist to dishes. The findings provide industry partners with exclusive data on emerging consumer preferences and innovation areas poised to differentiate brands in a highly-competitive marketplace.

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Modern Restaurant Management

MARCH 25, 2021

This digital innovation has been helpful for small business, with roughly 20 percent of all transaction volume for Clover restaurants running through online ordering. Now, Clover is working with their restaurant to enable touchless payment capabilities as they prepare to begin hosting more dine-in customers again in 2021.

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Mobile Ordering Online Ordering Small Business Customer Experience 614

Modern Restaurant Management

MAY 5, 2021

The study also uncovers consumers’ QSR competitive positioning, brand preferences, delivery trends, and use of new technology. Sales velocity is now -5 percent vs April 10, 2021. Sales velocity is now -3 percent vs April 10, 2021. Sales velocity is now -7 percent vs April 10, 2021. California.

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Modern Restaurant Management

MAY 19, 2021

QSRs entered 2021 looking much different than they did a year ago, after having made significant and creative changes to their business models in the wake of the pandemic. It is critical to also look at how these technologies will support you in the future. Logistics to Implementation. Is this addition scalable?

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Mobile Ordering Technology Online Ordering Customer Service 491

Goliath Consulting

DECEMBER 6, 2020

Now that 2021 is only weeks away, we are making predictions on what the new year will bring. Here are our top 5 food and restaurant trend predictions for 2021 and beyond. In 2021, that market will grow as meal kits provide all-in-one solutions for families staying at home and wanting easy, healthy and delicious meals.

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2021 Mobile Ordering Food Guest Recovery 286

7 Shifts

FEBRUARY 18, 2021

In 2021, we are looking ahead with an eye towards growth, and evolution. We sat down with 7shifts' very own Preston Junger to chat about opportunities for restaurants and how restaurant technology is evolving for the inaugural episode of our interview podcast. For restaurants, 2020 was a year full of challenges.

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Technology Back of House Consumer Goods Online Ordering 370

Modern Restaurant Management

FEBRUARY 1, 2022

Additonally, ninety-six percent of operators experienced supply delays or shortages of key food or beverage items in 2021 – and these challenges will likely continue in 2022. Off-Premises Dining Enhanced by Improved Technology. Help (Still) Wanted Throughout the Restaurant Industry.

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Modern Restaurant Management

DECEMBER 8, 2021

Operations, told analysts in April 2021 that more than 90 percent of their business was generated from their drive-thrus. According to data from the NPD Group, fast-food chains dominated the restaurant market for 12 months ending in March 2021, gaining 7.1 Restaurants have turned to technology to fill the gap.

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Modern Restaurant Management

AUGUST 20, 2020

Many restaurants and dining establishments are looking to implement new innovations heading into 2021. One trend gaining traction is touchless technology. Auto-flush toilets – Using sensory technology, the toilet automatically flushes shortly after you stand up from the toilet seat.

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Cash Management Equipment 2012 Technology 520

Modern Restaurant Management

DECEMBER 14, 2021

A survey by RTi Research found that of the 30 percent of consumers who used contactless payment for the first time during the pandemic, 70 percent reported they plan to continue using this technology. Food and beverage sales in the restaurant and foodservice industry are projected to total $789 billion in 2021, up 19.7

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Modern Restaurant Management

AUGUST 10, 2022

Restaurants must keep innovating to elevate the diner experience. During the pandemic, restaurants of all kinds embraced new technologies and innovative business models to deliver elevated service, curbside convenience, and a digitized consumer experience. It’s a tough time to be in the restaurant business.

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Modern Restaurant Management

APRIL 6, 2022

In an increasingly competitive market, operators can implement useful technologies to ensure success. The Right Technology to Support Your Operation. Whether in a ghost or traditional kitchen, new technologies are key to adapting to the latest trends. Ghost Kitchens Heat Up the Foodservice Industry.

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Modern Restaurant Management

FEBRUARY 25, 2021

More than 90 percent of restaurants have made, or plan to make, investments in kitchen automation technology, according to a report from Square that looks at the future of restaurants and retail. Among the other insights: Restaurants expect 62 percent of their revenue to come from takeout or delivery in 2021.

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Modern Restaurant Management

MAY 22, 2024

Prior to joining IFMA in 2021, he led and managed businesses at Kraft, Jones Dairy Farm, Cargill, and McCormick & Co., Kafarakis also served as President of the Specialty Food Association (SFA) and Chief Innovation and Member Advancement Officer at the National Restaurant Association. What’s next for Subway?

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Modern Restaurant Management

JANUARY 26, 2023

In 2021, restaurants saw a rebound, leading many to approach 2022 with rose colored glasses. Unfortunately, last year took a turn for the worse; the momentum from 2021 was stunted as we embarked on 2022. Restaurants must also learn to operate with fewer employees and rely more on technology. What were major challenges for them?

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Modern Restaurant Management

OCTOBER 26, 2022

Although these fees can be a growth inhibitor, innovative credit card processing software, services and solutions can help drive growth and mitigate the impact of rising interchange fees. merchants in 2021, up from 75.9 According to the Nilson Report, U.S. merchants who accepted credit cards as payment for goods and services paid $105.23

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Consumer Goods Customer Service Restaurant Law Audits 449

Modern Restaurant Management

OCTOBER 30, 2023

In 2021, for example , 36.6 Take Advantage of Technology : In addition to scheduling, QSR technology has grown immensely in scope and capability. Technology is a secret weapon in your staffing arsenal. percent of teens 16-19 had jobs during the summer, dropping to 30.5 percent during the school year.

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Modern Restaurant Management

NOVEMBER 5, 2021

Since then, sales have fluctuated in response to surges of COVID-19 cases, climbing up to $72 billion in August 2021. How Innovative Supply Chain Technology Can Empower Purchase Decisions. Nearly half of supply chain leaders increased spending on innovative technologies in the past year and a half.

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Modern Restaurant Management

MARCH 23, 2022

Over the past decade, the restaurant business has been changing with the innovations in cooking equipment and advent of ghost and cloud kitchen. percent from 2021 to 2027. Expansion of the food service industry, product innovations, and surge in number of quick service restaurants have boosted the growth of the market.

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Modern Restaurant Management

JANUARY 12, 2022

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. Christmas Day delivers second-highest day for check value across 2021.

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2022 Mobile Ordering Guest Recovery Point of Sale 539

Modern Restaurant Management

DECEMBER 16, 2021

This includes raising wages, boosting benefits such as offering early wage access, and leveraging technology to improve scheduling, automate processes and streamline operations, ensuring a seamless shift every time. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education.

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2022 Food Supply Back of House Kitchen Safety 450

Modern Restaurant Management

DECEMBER 14, 2021

Knowing this will continue into 2022, we are continuing to focus on implementing technology that will help on-site team members streamline and efficiently perform their work to the best of their ability. Additionally, I think the industry overall will struggle with labor cost pressures and be forced to either raise prices or innovate.

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Modern Restaurant Management

OCTOBER 18, 2021

When the National Football League (NFL) and universities announced that they’d be returning to full capacity in their stadiums for the 2021 season, many in the foodservice industry believed fans would be quick to get back to the tailgating scene they know and love. Variety of Alcohol Options at Your Fingertips.

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Loyalty Program Online Ordering Mobile Ordering Beverage 493

Modern Restaurant Management

NOVEMBER 7, 2022

To determine the impact of price increases on sales performance, RMS analyzed in-store price increases by percentages year over year (Q2 2022 vs. Q2 2021) for 25,000 QSR locations in the US across numerous brands. Incorporate menu innovation into your value meal. Have We Hit a Price Ceiling?

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Modern Restaurant Management

JUNE 20, 2022

During the Great Resignation of late 2021, staggering numbers of employees left their jobs in search of new opportunities. For example, maybe an employee wants to test out delivery driving or move into managing technology. Amongst those who left their workplace, one-fourth of those were in the hospitality industry.

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Goliath Consulting

FEBRUARY 8, 2022

The restaurant industry has been slowly adopting new innovative technology and digital solutions as of recent. Since 2020, this has led to an increase of new technology systems for restaurants and helped them adapt to a new digital reality. Recently, restaurants have been using QR codes to innovate their ordering systems.

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2022 Technology Online Ordering Customer Service 195

Modern Restaurant Management

FEBRUARY 21, 2022

Bn in sales in 2021, while Meat Alternative Market experienced a year-on-year growth of 5.2 percent in 2021. Since organic produce cost more, restaurant owners are becoming innovative and are developing recipes and cooking techniques where optimum utilization of produce takes place. Plant Based Protein accounted for US$ 11.3

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Modern Restaurant Management

MAY 7, 2021

However, since the start of 2021, Randy’s has seen a wave of interest from both domestic and international franchisees. The Costa Mesa location, opened in March 2021 and the first in Orange County, sold over 100,000 donuts in its ten days. The company reported a 24 percent same-store sales increase in March 2021. "We

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Modern Restaurant Management

DECEMBER 21, 2022

In terms of trends, it is clear that in 2023 technology will continue to shape and enhance the restaurant industry and we will see operators adopting new technologies to create an even more seamless and frictionless experience for guests, while still maintaining unique and engaging dining experiences. For part one, click here.

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2023 Loyalty Program Mobile Ordering Customer Experience 493

The Rail

SEPTEMBER 9, 2024

For restaurant owners aiming to update their security measures, technology plays a key role — from the value of integrated systems to innovative technology that can help transform CCTV efforts. While a basic camera system is better than nothing at all, camera systems that utilize advanced technology can be a great idea.

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Modern Restaurant Management

SEPTEMBER 23, 2020

Focused on the retail, services and restaurant industries, the SpotOn ecosystem offers powerful technology to small- and medium-sized businesses (SMBs) at a price they can afford. “Our technology connects the dots between billions of food data points across restaurant menus, online recipes and social media. .

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Modern Restaurant Management

APRIL 5, 2022

For instance, Denny's, an American table service diner-style restaurant chain, launched two ghost kitchen brands in 2021 to increase its market share. Postmates' rapid growth and penetration in the virtual kitchen market has attracted so much interest that Uber planned to buy Postmates in late 2021 for $2.65

Online Ordering 491

Online Ordering Website Management Point of Sale Inventory 491

Modern Restaurant Management

MARCH 3, 2023

." Pandemic Pivots Become Permanent The temporary "pivots" developed during the pandemic — expanded delivery services, outdoor dining options, to-go alcohol offerings, and investments in technology — are the foundation of the industry's "new normal." The breakfast and A.M.

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2023 2022 Consumer Goods Point of Sale 508

7 Shifts

FEBRUARY 5, 2021

If the past few years have taught us anything, it’s that restaurant technology is no longer a nice-to-have. The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. Evolving Your Restaurant Technology Stack 1. What is Restaurant Inventory Management Software?

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Social Media Front of House Back of House Point of Sale 370

Modern Restaurant Management

DECEMBER 21, 2020

But most restaurants hadn’t invested in the technology or the processes needed to service the onslaught of digital engagement and transactions they experienced. Operators have been scrambling to fill technological and service gaps to keep up with what appears to be lasting shift to off-premise dining and digital experiences.

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