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2025 Restaurant Payment Trends and Predictions

Modern Restaurant Management

billion in 2021 and the meal delivery market is expected to reach more than 192 million users by 2029. Mobile payment solutions such as apps like Apple Pay, Google Pay, and other mobile wallets will become even more commonplace in restaurants, allowing customers to pay via their smartphones or wearable devices.

2025 447
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MRM Research Roundup: End-of-April 2021 Edition

Modern Restaurant Management

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. Sales velocity is now -7 percent vs April 10, 2021. Sales velocity is now -4 percent vs April 10, 2021. California.

2021 490
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The State of Full Service Restaurants

Modern Restaurant Management

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

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The New Normal: How Technology Can Help Streamline Restaurant Operations

Modern Restaurant Management

Reservation processing. According to the 2021 State of the Restaurant Industry Mid-Year Update , more than 3 in 4 restaurant operators struggle with recruitment and retention, despite an increase in employment. In addition, operators can use a digital system to take orders instead of writing them down. Reservation Processing.

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The 5 Biggest Restaurant Food Trends to Watch in 2021

Goliath Consulting

Through stay-at-home orders and extended shutdowns, restauranteurs had to be nimble and creative, relentlessly searching for new business avenues and strategies to keep their businesses afloat. Now that 2021 is only weeks away, we are making predictions on what the new year will bring. Mobile Apps and Data. Mobile Apps and Data.

2021 286
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Ultimate Restaurant Payroll Guide 2021

7 Shifts

Ultimate Restaurant Payroll Guide 2021 for retirement savings plans, such as a 401(k). This is usually reserved for high-level salaried employees such as a GM or executive chef. Here are a few simple steps to make sure you do in order to prevent any tax issues when it comes to doing your payroll. Make sure you are tax compliant.

2021 370
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How Loyalty Programs Give Customers the Biggest Bang for Their Buck

Modern Restaurant Management

The popularity of online ordering is motivating big fast-food chains to use rewards programs to hold onto new mobile app customers. The COVID-19 pandemic prompted chains to create, improve upon and increase mobile app and loyalty program adoptions, aligning customers’ shifting preferences toward safety. Long Live Loyalty.