Modern Restaurant Management
OCTOBER 20, 2023
Take a look at your customer loyalty programs, email lists, website management and analytics tools and restaurant management systems, such as POS data, inventory management, CRM or reservation system. Some of the most valuable insights for restaurants are found in general operations data, customer data and website data.
Rocket Fuel
MAY 1, 2023
However, 2022 saw a resurgence in counter sales, reaching 14.44%, a 51.9% Here are some of the most important learnings from 2022: Delivery channel growth: The delivery channel has grown by a staggering 1,343% since 2019. In 2022, delivery checks were 63% higher than drive-thru and counter checks on average.
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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. This data should be easily accessible from your restaurant’s point-of-sale (POS) system. It is well known that the hospitality sector has lower profit margins than other market segments.
Restaurant365
JULY 8, 2021
Chang’s has opened eight of its To Go concepts and plans to have more than 50 To Go units in its network by 2022 to meet the increased demand for takeout and delivery. If you are successful at attracting customers back to your dining room, you need to have the right FOH and BOH team to support increased sales levels.
Apicbase
FEBRUARY 29, 2024
Food costs increased in 2023: according to one survey, 60% of operators reported that all or most suppliers raised their prices , up from 50% in 2022. million in 2022, to $1,087 million in 2023. It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 decline from 2022.
Apicbase
JANUARY 13, 2023
The F&B industry grew in 2022… and it will keep growing in 2023. OUR TOP 10 In 2022, 31% of restaurants cut the number of menu items on offer to deal with the inflation and rising food costs. The average profit margin for US restaurants in 2022 was 10.6% , showing it’s slowly inching back to pre-pandemic levels (12% in 2019).
Restaurant365
MAY 3, 2022
between February 2021 and February 2022. Similarly, by training new FOH employees in all FOH roles and all new BOH employees in all BOH roles when they first join the company helps them develop an understanding of how the restaurant functions. Restaurant labor cost is increasing at an unprecedented rate. Cross-train your staff.
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