Modern Restaurant Management

FEBRUARY 1, 2021

This edition of MRM Research Roundup features the latest restaurant sales stats, brand loyalty, Valentine's Day spending plans and more. Same-Store Sales Fall. The fourth quarter was not good for restaurant sales; each month posted worse same-store sales growth than the previous month, according to Black Box Guest Intelligence.

2021 129

2021 Point of Sale Guest Recovery Travel 129

Restaurant365

DECEMBER 4, 2020

Other restaurants had to shift operations to a limited-capacity model, adjusting labor and food costs to match new sales levels. No one knows exactly what will happen in 2021, but if you are a restaurant owner or operator, it’s certain you are thinking ahead to what’s next for your business.

2021 78

2021 Operations Mobile Ordering Social Media 78

Restaurant365

OCTOBER 27, 2021

October 25, 2021 by Martita Mestey. It has been estimated that each year, more than 100 billion pounds of food is wasted in the United States. The waste of food is not only a waste of money and bad for the environment, but it is also making vulnerable populations even more vulnerable.

Waste 78

Waste Food Leadership Online Ordering 78

Modern Restaurant Management

MAY 19, 2022

percent from March 2021 to March 2022, accounting for the highest inflation rate since December 1981. Not only is your menu a key part of the customer experience but consider all major areas of restaurant operations, such as food cost, labor, marketing, accounting, and sales forecasts when making decisions about your menu.

Waste 184

Waste Food Supply Point of Sale Inventory 184

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. 71 percent rely on delivery for 11 percent or more of sales.

2022 212

2022 Mobile Ordering Guest Recovery Point of Sale 212

Modern Restaurant Management

APRIL 13, 2022

At the end of 2021, four out of five restaurants reported facing a staffing shortage due to reduced operating hours and dining capacity. To combat these obstacles among countless others, leaning on point-of-sale (POS) solutions can empower restaurants to quickly leverage new features to maximize profits in a fluctuating service economy.

POS 211

POS Food Supply Mobile Ordering Point of Sale 211

Modern Restaurant Management

MARCH 9, 2022

This can happen at any point in the food preparation process, including the packing of meals for takeaway and delivery. According to Future Market Insights, since 2021, online food delivery services market is growing at over 9.5% Delivery of cold food leads to loss of customer.

Compost 204

Compost Sustainability Online Ordering Kitchen Safety 204

Modern Restaurant Management

OCTOBER 18, 2019

Winnow Raises $20M to Fight Food Waste. The company, with US offices located in Iowa City, has recently made headlines in the country, having been selected as a food waste innovator and recipient of the Zero Hunger | Zero Waste Kroger Foundation Grant. 63 million tons of food is wasted every year. ” Marc Zornes.

Waste 91

Waste Food Franchise Franchising 91

Modern Restaurant Management

FEBRUARY 3, 2022

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.

Loyalty Program 189

Loyalty Program Online Ordering Cash Management Point of Sale 189

7 Shifts

FEBRUARY 5, 2021

The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. Inventory management software is one great resource to help cut down on food waste, food cost and ensure that everything in your back-of-house is streamlined for transparency and profitability.

Social Media 370

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

Culinary Cues

DECEMBER 17, 2020

A reduction in restaurant business leads to crop waste, unplanted land, and serious cash flow problems for farmers. There are a number of reasons why restaurants fail – some are predictable and avoidable, while others can catch a business off guard. None, however, are as devastatingly out of the operators control as this pandemic.

Uniforms 470

Uniforms Cash Management Brewery Consumer Goods 470

Apicbase

FEBRUARY 29, 2024

Restaurant sales in the US grew from $842.3 million in 2021, to $974.9 It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 million tons in 2020 and 12 million tons in 2021. It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15

2024 52

2024 Operations 2023 Loyalty Program 52

Modern Restaurant Management

APRIL 19, 2021

Online sales, curbside pickup, and delivery skyrocketed as restaurants scrambled to adapt. Many operators are trying to compensate for losses in 2021 and want to find ways to improve their profitability. Rather than rely on manager estimates, you can harness your data and get optimized schedules based on your forecasted sales.

Guest Recovery 186

Guest Recovery Point of Sale Inventory Back of House 186

EATER

APRIL 26, 2024

. | Photo courtesy of Tivoli Mushrooms As demand flourishes, managing the waste from the growing process (known as substrate) poses some problems but brings solutions that could ensure a sustainable future for the market This story originally appeared on Civil Eats. said Avery Stempel, Collar City’s co-founder, as we gazed upon the pile.

Compost 107

Compost Waste 2022 Point of Sale 107

Modern Restaurant Management

DECEMBER 7, 2022

The National Restaurant Association’s 2021 State of the Industry report showed only 83% of Gen Z consumers wanted to return to restaurants. Make it a point of differentiation for your brand in this highly competitive environment by continuing to-go liquor sales while the option is still available in your jurisdiction.

Mobile Ordering 199

Mobile Ordering Social Media Online Ordering Point of Sale 199

Restaurant365

AUGUST 6, 2021

Restaurant forecasting leverages historical revenue data, information about current conditions, and knowledge of external events to help project future sales levels. With restaurant restrictions and shifting customer behaviors, restaurants in 2020 and much of 2021 faced fluctuating sales and revenue levels.

Point of Sale 78

Point of Sale Inventory 2021 Waste 78

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. The result was a 25% percent spike in sales in just two months. The result was a 25% percent spike in sales in just two months.

Online Ordering 192

Online Ordering Point of Sale Website Management Inventory 192

Modern Restaurant Management

JUNE 15, 2021

Restaurants have responded to capture more off-premises sales by improving digital menus, whether found in-app, through a Google search or on store screens. About 88 percent say they will consider moving from paper to digital menus this year, according to Square’s Future of Restaurant 2021 Report.

Technology 199

Technology Loyalty Program Front of House Online Ordering 199

Perfect Daily Grind

OCTOBER 1, 2022

revenue growth in 2021, bolstered by rising Nespresso sales. revenue growth in 2021, bolstered by rising Nespresso sales. Total 2021 revenue for the UK branch of the multinational was £1.93 Nestlé states Nespresso was a significant contributor to overall sales growth. Registration is now open.

2022 135

2022 2023 Point of Sale Webinar 135

Modern Restaurant Management

AUGUST 25, 2021

Throughout the paused activity of 2020 and 2021, people everywhere were reminded of the delicate ecosystem that exists between individuals and their communities, as well as between people and their planet. Often, the resulting waste was not only the food but also the associated costs and energy spent on more waste management.

Operations 190

Operations Ordering Sustainability Food Supply 190

Restaurant365

JANUARY 4, 2022

For example, these common restaurant ingredients rose significantly in mid-December 2021 over the same period in 2020: Refined sugar – 31%. Your team must still take manual inventory by hand to account for spoilage, improper portioning, and waste. from a year ago. Food-grade oak flakes – 61%. Semolina (pasta flour) – 140%.

Inventory 148

Inventory Pricing Management Management 148

Modern Restaurant Management

DECEMBER 20, 2021

Restaurants have endless third-party ordering app options, but those do come with a price, approximately five-twenty percent of each sale. Contactless payment eliminates a potential hurdle between you and more sales. The pandemic forced restaurants to adapt to not only a new, leaner business model but also to new consumer behavior.

Mobile Ordering 226

Mobile Ordering Online Ordering Consumer Goods Customer Experience 226

Apicbase

JANUARY 13, 2023

With smart food ordering — meaning leveraging tech for inventory management and vendor selection — operators can cut down on food waste by 80%. The F&B industry grew in 2022… and it will keep growing in 2023. However, we’re seeing some major shifts around menu creation, procurement, and dining habits of guests.

2023 52

2023 Operations Management Management 52

Touch Bistro

MARCH 23, 2021

At this point, you’re probably overwhelmed by the many tax incentives and relief programs available for your restaurant, and how they will affect your 2020 taxes – not to mention all the time spent hunting for last-minute restaurant tax deductions. Important Deadlines for Restaurant Taxes in 2021. May 17, 2021. But don’t panic.

2021 52

2021 Cash Management Employee Relations 2020 52

Perfect Daily Grind

MARCH 13, 2023

Research from QSR Magazine found that between April 2021 and April 2022, orders of cold brew at quick-service restaurants alone increased by 27% in the US. Danny Pang is the Asia-Pacific Sales and Technical Manager at Marco Beverage Systems. In coffee shops around the world, cold brew is one of the most popular beverages.

Beverage 149

Beverage Equipment Waste Point of Sale 149

Black Box Intelligence

AUGUST 20, 2022

Best and worst performing region, segment and cuisine is based on same-store sales growth. Sales and traffic growth face difficult laps from 2021’s release of pent-up demand and stimulus. Sales and traffic growth face difficult laps from 2021’s release of pent-up demand and stimulus. Traffic growth was -5.1%

Fast Casual 89

Fast Casual Fine Dining Point of Sale Casual 89

Modern Restaurant Management

SEPTEMBER 23, 2020

These include marketing, website development, omnichannel payments and point-of-sale (POS) solutions. "We're In this edition of MRM News Bites, we feature real-time data on consumer behavior and the move to #cutoutcutlery. SpotOn Secures $60M Funding. SpotOn Transact, Inc. secured $60 million in Series C funding.

Serving 199

Serving White Paper Food Recycling 199

Cheetah

NOVEMBER 23, 2021

The busy season is underway, and for caterers and restaurants it is the biggest opportunity in the past two years to boost sales and make a hefty profit. Most travel and social distancing restrictions have been lifted and supplier indications point to a record breaking catering season. 2021’s Massive Holiday Catering Opportunity.

Catering 148

Catering Food Supply Seasonal Menu Supplies 148

Modern Restaurant Management

JULY 30, 2021

Participants in MyChange with SaverLife receive access to the national SaverLife platform and the opportunity to participate in national savings challenges, access financial education articles, engage in forums and accumulate redeemable points for a chance to win prizes. “We are very excited about our partnership with SaverLife. .

Franchise 199

Franchise Franchising Fast Casual Point of Sale 199

Perfect Daily Grind

MAY 6, 2022

Lost Sock opened its first brick and mortar store in 2021. points out of a possible 200 for several of its business practices, including a direct trade model and environmentally-friendly initiatives. Mon, 2 May. Beans Coffee Club becomes official coffee partner for electronics retailer Currys. Union Hand Roasted Coffee becomes B Corp.

2022 127

2022 Compost Sustainability 2021 127

Perfect Daily Grind

MAY 27, 2022

In partnership with convenience retailer Circle K, the project has resold coffee that would otherwise be disposed of as waste. Reasons for the decline include frost and drought in the country during 2021. The highest-scoring coffee was a natural Gesha from Finca Santa Cruz in Chiapas, receiving 93 points. Mon, 23 May.

2022 115

2022 Webinar Point of Sale 2021 115

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. However, since the start of 2021, Randy’s has seen a wave of interest from both domestic and international franchisees. In total, 165 stores are set to open.

Franchise 168

Franchise Franchising Sustainability Fast Casual 168

Restaurant365

SEPTEMBER 9, 2021

September 8, 2021 by Morgan Harris, Restaurant365 Chief Customer Advocate & Co-Founder . Restaurant profit margin is determined by two high-level components: sales and expenses. While increasing top-line sales is important, to increase bottom-line revenue, it’s also key to control costs.

Food 60

Food Point of Sale Inventory Waste 60

Restaurant365

APRIL 16, 2021

To be certain, your restaurant profit margin in 2020 and 2021 probably look significantly different than past years. As a whole, restaurant profit margins are much lower than other industries, due to perishable item waste, staff turnover, seasonality, and other factors. It’s time to focus on getting back to pre-COVID profit margins.

Loyalty Program 88

Loyalty Program Point of Sale Guest Recovery Seasonal Menu 88

Cheetah

FEBRUARY 2, 2021

While it affects our bottom line, let’s not forget the effects of food waste on our environment and our communities in general. While it affects our bottom line, let’s not forget the effects of food waste on our environment and our communities in general. Let’s begin with a key question: what is demand planning?

Small Business 78

Small Business Food Supply Point of Sale Inventory 78

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.

Food Truck 52

Food Truck Point of Sale Employee Relations Equipment 52

Perfect Daily Grind

APRIL 25, 2022

Convenience and growing quality are the biggest driving forces behind capsule sales, but a rising awareness of environmental impact is becoming an increasingly important purchasing factor. Waste is one of the biggest concerns for coffee capsule consumers, leading some single-serve coffee manufacturers to start offering a number of solutions.

Compost 130

Compost Sustainability Waste Consumer Goods 130