Trends for 2022: Re-engaging with Food in a Design Led World

Future Food

Trends for 2022 Re-engaging with Food in a Design Led World. 2022, then, is shaping up as a really interesting year. Given this backdrop, there are a number of key trends that we are looking at as we move into 2022. These are some of our thoughts on what 2022 might hold.

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Bytes to Eat: Online Ordering Solutions for Pizzerias

Thrive POS

predicts that food delivery sales, which now represents roughly $43 billion, or 8% of all restaurant sales, will increase by 12%, or $76 billion, by the year 2022. As any good comedian will tell you, delivery is everything. And when it comes to food delivery apps and services, the same rules apply. More and more customers are regularly using online ordering platforms to get restaurant food delivered to their home or office.

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Trending Sources

The 2020 James Beard Awards Are Effectively Cancelled

EATER

The Foundation seemingly agrees, but is already begun planning for a return to a more traditional awards format in 2022. Perhaps, 2022 will bring an answer to the question of whether ethical restaurant awards are actually possible. • James Beard Foundation.

2020 98

Delivery Dominance Starts with a Few Simple Questions

Modern Restaurant Management

According to William Blair , delivery is projected to have a 25 percent CAGR over four years, growing from about $25 billion in 2018 to $62 billion in 2022.

Boost Your Restaurant Brand with Social Media

Modern Restaurant Management

With annual digital coupon redemptions set to hit a staggering $91 billion by 2022 , sending discounts to your social media followers could be a huge hit. Every day, more than 3.5 billion people sign onto social media to check what’s going on in the world. That’s about 45 percent of the global population, all tapping into the social sphere to see who’s going where and what businesses like yours have to offer.

Would Delivery Work for My Concept?

Modern Restaurant Management

restaurant delivery revenues are expected to reach nearly $80 Billion by 2022 and digital ordering and delivery has grown 300 percent faster than dine-in traffic since 2014. This edition of MRM's "Ask the Expert” features advice from EZ-Chow Inc. Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Q: Would delivery work for my concept?

Senior Analyst Michael Halen on the State of Restaurant Industry

Restaurant Engine

“A lot of sell-side analysts are looking through 2022 to be a wash, or even to be down significantly.” “Social distancing measures, primarily the dining room closures, have really hurt restaurant sales throughout late March through May,” said Bloomberg restaurant analyst Michael Halen today on national radio. “In May, we could see casual dining, same-store sales down still in the 40% to 60% range.”

Restaurants Have Lost $120B, Losses to Double by Year End

Restaurant Engine

Bloomberg restaurant analyst Michael Halen does not predict a full recovery for restaurant industry revenues until 2022. The U.S restaurant industry has lost $120 billion of revenues from March to May this year due to the coronavirus, according to a definitive National Restaurant Association survey of 3,800 restaurant operators. Founded a century ago , the National Restaurant Association’s flagship survey is widely considered second only to government statistics.

The Federal COVID-19 Relief Package: What it Means for YOUR Restaurant

Restaurant365

Social Security payroll tax will be due on December 31, 2021, and the remaining half will be due on December 31, 2022. Late Wednesday night, the Senate approved the heftiest economic rescue bill in modern history, providing $2 trillion to help Americans, hospitals and businesses withstand the consequences of the coronavirus.

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Surviving Disruption: How New COVID-19 Legislation Can Assist the Restaurant Industry

Modern Restaurant Management

31, 2022. Consequently, restaurateurs could face a very hefty tax bill in both 2021 and 2022 if these tax payments are deferred. While businesses coast to coast reel from the financial and emotional impact of the COVID-19 coronavirus pandemic, few have been affected more adversely than restaurants. Uncertainty in the restaurant industry could endure for months, maybe longer.

How Restaurateurs Benefit From the U.S CARES Act

7 Shifts

Social security payroll tax payments deferral Restaurant owners can defer the payment of their share of the SOcial Security Payroll taxes until the end of 2022. The US Congress has recently passed the CARES Act (Coronavirus Aid, Relief, and Economic Security) which is designed to alleviate some of the economic and medical impact put on American people and businesses during the COVID-19 health crisis.

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What the Stimulus Bill Means for Restaurants

Modern Restaurant Management

Half of this deferred amount is due on December 31, 2021 and the other half is due on December 31, 2022. On Friday, March 26, 2020, the president signed the CARES Act, the largest stimulus legislation in U.S. history, into law. The act provides some relief for restaurant owners in forgivable paycheck protection loans and tax relief. The measures in the act are designed to incentivize keeping workers employed and businesses continuing to invest in business infrastructure and improvements.

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What the Families First and CARES Acts Mean for Restaurateurs

Modern Restaurant Management

percent employers’ portion of social security taxes each quarter, most employers should have the option of delaying 50 percent of the payments until December of 2021 and the remainder until December 2022. The restaurant industry is facing unprecedented change and challenges in the face of COVID-19. Some forecasts predict industry losses of $225 billion and five-to-seven million jobs over the next three months.

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Bar Rescue’s Jonathan Taffer on COVID-19 Restaurant Changes

Restaurant Engine

Does Taffer believe the restaurant industry will achieve a full recovery by 2022, as forecasted by senior analyst Michael Halen ? “I have great confidence in the restaurant business. We’ve been dealing with invisible enemies since our inception. We’ve called it bacteria. Bars and restaurants deal with bacteria every day,” says Jonathan Taffer, the host of the television show Bar Rescue which premiered in 2011 and is entering its 12th season with Paramount Network.

2022 51

Pros and Cons: Should restaurants accept contactless payments?

Lavu

Kearney estimates that by 2022, 56% of the cards in the US market will be contactless. Contactless payment systems launched in 2007 , yet they are only recently viewed as serious alternatives to cash or cards in the United States. Since more and more consumers are setting up contactless payment options though, it only makes sense that businesses start adapting them too. . The concept is simple: Customers simply wave or tap their card or device over a POS system to make a payment.

Digital Marketing Trends 2020

50 Mistakes

55% of households are expected to own smart speaker devices by 2022, therefore optimising your content for voice search needs to be a priority in 2020. Neil Wood-Mitchell When it comes to digital marketing, it’s important to be ahead of the game, but with ever-changing trends and new technologies, this can be easier said than done.

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7 Issues that Threaten the Franchisor and Franchisee Relationship

7 Shifts

McDonald’s is already taking steps to address the concerns of their franchisees, such as allowing remodeling to be completed dates as late as 2022 rather than 2020. A strong franchisor-franchisee relationship can be a thing of beauty. Clever marketing and strong branding from a restaurant’s corporate offices can boost sales for franchised restaurants. In turn, this gives franchisors more money from royalty fees, which creates a mutually beneficial cycle for restaurant success.

2019 95

The Federal COVID-19 Relief Package: What it Means for YOUR Restaurant

Restaurant365

Social Security payroll tax will be due on December 31, 2021, and the remaining half will be due on December 31, 2022. Late Wednesday night, the Senate approved the heftiest economic rescue bill in modern history, providing $2 trillion to help Americans, hospitals and businesses withstand the consequences of the coronavirus.

2022 60

The Federal COVID-19 Relief Package: What it Means for YOUR Restaurant

Restaurant365

Social Security payroll tax will be due on December 31, 2021, and the remaining half will be due on December 31, 2022. Late Wednesday night, the Senate approved the heftiest economic rescue bill in modern history, providing $2 trillion to help Americans, hospitals and businesses withstand the consequences of the coronavirus.

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COVID-19 Legislative Actions: What to Know Now

Hot Schedules

Businesses may defer payment of employer payroll taxes imposed between the enactment of this law and December 31, 2020 , with half of the deferred taxes due by December 31, 2021 and the rest due by December 31, 2022. COVID-19 Legislative Actions: What to Know Now. Our team of payroll and HR experts will provide a regular summary of how the changing legislation around COVID-19 impacts you and your business.

2022 81

Time Out Market Chicago Announces Nov. 21 Opening Date And Reveals Final Additions to its Stellar Culinary Lineup, an Exciting Beverage Program and Cultural Activations

Sante

Time Out Market is also set to come to Dubai (2020), London-Waterloo (2021) and Prague (2022). Dubai will follow in 2020, London-Waterloo in 2021 and Prague in 2022 (the sites in Montréal, Dubai and Prague are the Group’s first management agreements) – all featuring the cities’ best and most celebrated chefs, restaurateurs, drinks and cultural experiences.

How to Maximize Profits with Online Ordering & Delivery Services

Restaurant Logic

Online delivery is expected to account for 30% of the total restaurant industry growth by 2022. As a restaurant operator in 2019, you’re probably being bombarded with the latest and greatest online ordering and delivery platforms. While they make promises of increasing your business, they’re also wanting 25%+ commissions. You might be thinking “25%? That’s my whole profit margin.no, thank you!”

AI Food Intelligence and Now Serving Democracy

Modern Restaurant Management

By 2022, it’s expected to more than double to $11.6 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.

Upcoming Compliance Labor Laws in Chicago

7 Shifts

Starting July 1, 2022, schedules must be shared at least 14 days in advance. Disclaimer: The information contained in this article is general in nature and businesses should consider whether the information is appropriate to their needs. Legal and other matters referred to in this article are based on 7shifts' interpretation of laws existing at the time and should not be relied on in place of professional legal advice.

BORDEAUX’S CRUS BOURGEOIS DU MÉDOC SET ANNOUNCEMENT DATE FOR NEW THREE TIER 2020 CLASSIFICATION

Sante

Crus Bourgeois du Médoc to support global launch with new brand identity and communications campaign. The Crus Bourgeois du Médoc, one of the oldest and most prestigious classifications in Bordeaux, will publish their new, highly anticipated three tier 2020 Crus Bourgeois du Médoc Classification on February 2, 2020.

2020 100

How the James Beard Foundation Failed the Most Prestigious Restaurant Awards in the Country

EATER

Then, in late August, the James Beard Foundation abruptly announced that it was effectively canceling its Restaurant and Chef Awards, widely considered the most prestigious accolades in the American restaurant industry, not just this year, but until 2022.

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Winter 2019 F&B Legal Update

Modern Restaurant Management

This bill will ban the production and sale of foie gras throughout the city, and will go into effect in January 2022. Pooja S. Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. Legislation.

2019 72

MRM Franchise Feed: Frictionless QDOBA and Crisp & Greens Goes National

Modern Restaurant Management

The program’s goal is to create 100 Black-owned franchise restaurants by the end of 2022 and to continue growing that number. Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment.

5 Ways America’s Restaurant Industry Has Changed Over the Last Decade

Single Platform

food home delivery over the next 5 years, an increase from $43 billion in 2017 to $76 billion by 2022. The concept of evolution doesn’t only apply to Darwinian theory. The restaurant industry has continued to transform and adapt since the first known dining establishment opened its doors in 18th century France. We’re not going to delve that deep into the history of dining out, but we’ll explore 5 ways the U.S. restaurant industry has changed in the last ten years. Fluctuation in the U.S.

2018 28

30 Disruptive Meal-Kit Service Statistics in 2020

2ndKitchen

Meal-Kit Service Industry Statistics The meal-kit industry is worth an estimated $5 billion ( Packaged Facts ) The meal-kit industry grew 333% from 2016 to 2017 (Packaged Facts) By 2022, the fresh-food meal-kit delivery market value is estimated to be 11.6 The food industry has undergone a transformation in the past ten years. From the rise of online ordering to the surge in third-party food delivery apps , the late 2010’s will go down as the age of innovation for food-tech disruption.

National Restaurant Show Canceled, Dog Haus Absolute, Pickup Pods and Melt It Forward

Modern Restaurant Management

The company has no debt maturing until fiscal 2022 and is actively working to explore additional financing opportunities if needed. This edition of MRM News Bites features the National Restaurant Association, Absolute Brands, Bacardi, Tito's Vodka, Yum! Brands, Mount Franklin Foods, US Foods, Melt Shop, FoodMaven, Nathan's Famous, Island's Fine Burgers & Drinks, Checkers & Rally’s, Lineage Logistics and Minnow. National Restaurant Association Show Canceled.

The James Beard Foundation Announces Some Awards, After Announcing It Wouldn’t Announce Any Awards

EATER

James Beard Foundation [official photo]. I’m confused In late August, the James Beard Foundation announced that no Restaurant and Chef Awards would be handed out during the organization’s highly anticipated September 25 ceremony.

2022 62

Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

GFCO companies will have until 2022 to completely adopt the new mark on packaging. This edition of MRM News Bites features a double dose from US Foods, SpotOn Transact, DoorDash Kitchens, Virtual Restaurant Consulting, Tripleseat and Gather, wagamama, Toast, The Gluten Intolerance Group, Instawork and StaffMate Online, Procurant and Yellofin, Sift, 7shifts, ParTech, Revel Systems and Como, Kabbage, Bluecrew and Cuboh. US Foods to Acquire Smart Foodservice.

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MRM Research Roundup: End-of-January 2020 Super Bowl Edition

Modern Restaurant Management

These services will account for 70 percent of all delivery orders by 2022, with the user base expected to increase 53 percent by 2024. This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features an economic report from Yelp, super Super Bowl stats, delivery trends, megatrends, best cities for BBQ and top venues. Yelponomics. Yelp released its first-ever annual Yelp Economic Average? YEA) report, a benchmark of local economic strength in the U.S.

2020 110

PPP Flexibility, Free Reopening Resources and HungerForce

Modern Restaurant Management

Just Salad is also committing to adding plant-based cheese options, which have a lower carbon footprint than their animal-based counterparts, to its menu by 2022 or earlier, after successfully introducing plant-based Beyond Beef? In this edition of MRM News Bites, we feature the latest on PPP loans and newest tech and products to help restaurants on the road to recovery. PPP Goes Flexible.