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7 Tips to Reduce Food Waste & Increase Profit Margins

Cheetah

Taking advantage of the growing trend of reducing food waste is a great way to achieve both. By taking a few simple actions to reduce food waste, operators can position themselves as a conscious business that appeals to the heart of their patrons. The Food Waste Pandemic. Covid-19 Boosts Food Waste Reduction Trend.

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Supermarket Food Waste Is a Big Problem. Is Dynamic Pricing the Solution?

EATER

Dynamic pricing is not new; for decades, the airline, fashion, and hospitality industries have all found that dynamic pricing — the incremental adjustments to prices to reflect inventory, demand, and supply — has helped companies cut waste and save money. All of this food waste — 35 percent of the U.S. A recent study from U.C.

Waste 124
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Restaurant Experts’ 2021 Outlook, Part One

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. Operators will need to be creative in finding ways to counter the increased restaurant costs and the waste being produced. In 2021, the digitization of the restaurant industry will increase exponentially.

2021 193
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MRM Research Roundup: End-of-February 2021 Edition

Modern Restaurant Management

Among the top 25 largest markets in the country, Orlando, FL and Raleigh, NC were the leaders in restaurant guest satisfaction during January. For major markets with the lowest restaurant guest sentiment during January we find some that have been among the most hurt by the sales downturn in recent months. The differences were also 12.3

2021 186
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MRM Research Roundup: Mid-September 2021 Edition

Modern Restaurant Management

Uncovering consumer confidence and preferences in an ever-shifting market as a result of COVID-19 restrictions, Restaurants Canada is shining a light on what restaurateurs and chefs can expect with the release of the 2021 Discerning Diner Report. Sales velocity is now -1 percent vs August 28, 2021. Dining Trends in Canada.

2021 176
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Kimpton’s 2021 Culinary & Cocktail Trend Forecast (Infographic)

Modern Restaurant Management

Comfort food, outdoor dining, Riesling and streamlined menus were top trends for 2020, according to Kimpton Hotels & Restaurants ' seventh annual Culinary & Cocktail Trend Forecast for 2021. Culinary: 2021 Predictions. Cocktail/Beverage: 2021 Predictions. Dining Experience: 2021 Predictions. Is Carob a Carb?

2021 186
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MRM Research Roundup: Mid-August 2021 Edition

Modern Restaurant Management

Consumer spending at restaurants was up +32 percent in the April-May-June 2021 quarter compared to the same quarter last year, and for a pre-pandemic view, flat compared to the same quarter in 2019. As of June 2021, food service and drinking places employed 11.3 million as of June 2021, 97 percent of the 151.1 percent overall.

2021 178