Black Box Intelligence

MARCH 29, 2022

As you forge ahead into 2022, making sure that you are tracking the right restaurant KPIs in order to set you up for deploying the most strategic and achievable restaurant goals. What to Track: As a baseline metric, CFOs should track comparable sales and traffic at both the market and internal levels.

2022 52

2022 Point of Sale Consumer Goods Food Supply 52

Modern Restaurant Management

DECEMBER 28, 2023

Since our founding 10 years ago, we’re proud to have facilitated 5 billion consumer orders, driven over $100 billion in sales for merchants, and helped Dashers ​​earn over $35 billion through the platform. Restaurant industry insiders offer their insights on F&B trends we can expect to see in 2024.

2024 189

2024 2023 Food Order 2013 189

Hot Schedules

DECEMBER 7, 2021

Reducing Employee Turnover. Yet, the costs of doing nothing to address employee turnover are catastrophic. Between lost productivity, rehiring costs, onboarding, and training requirements, employee turnover quickly eats into margins. Most research into the phenomenon points back to one factor — pay. million U.S.

Retail 78

Retail Employee Relations Hotels 2022 78

EATER

DECEMBER 8, 2023

The Kikkoman soy sauce bottle in its many iterations. Photos by Nippon & Co, lottaocean , modemedia , and irokk. The famous Kikkoman soy sauce dispenser litters tabletops in countless Japanese restaurants across the United States. According to Kikkoman, the company has sold over 400 million of these utilitarian bottles since their inception.

Design 133

Design Food Supply 2001 Employee Relations 133

Modern Restaurant Management

JULY 30, 2021

It’s one more way we can show how much we care about our employees. “We’re thrilled to partner with the KFC Foundation to provide KFC restaurant employees with the tools they need to quickly build emergency savings funds and establish long-term saving habits,” said Leigh Phillips, President and CEO, SaverLife.

Franchise 203

Franchise Franchising Fast Casual Point of Sale 203

The Restaurant Group

SEPTEMBER 16, 2020

million employees (as of 2019), both of which have been especially hard hit by the necessary restrictions. The COVID-19 restaurant trends seen now will likely continue well into 2021 and perhaps even 2022. Whatever the reason, likely a combination of these, it is unlikely that this shift will reverse before 2022.

Online Ordering 148

Online Ordering Delivery Point of Sale Customer Service 148

Black Box Intelligence

SEPTEMBER 15, 2022

Restaurant Sales Growth Rebounds – Posting Best Month Since March 2022 All growth numbers are year over year unless specified. Best and worst performing region, segment and cuisine is based on same-store sales growth. How did the restaurant industry perform in August 2022? percentage points over July 2022’s growth rate.

Fast Casual 40

Fast Casual Point of Sale Front of House Fine Dining 40

Foodable

MARCH 29, 2022

After more than a year of a bear market in innovation stocks that are not part of broad-based public equity benchmarks, we believe Instacart’s move marks the first major publicly announced valuation cut by a private startup. March 18, 2022)). Has Private Equity Money Dried up for Restaurants?" on Spreaker. Fast Casual Drive-Thru?

Fast Casual 105

Fast Casual Employee Relations 2021 Point of Sale 105

Black Box Intelligence

JULY 26, 2022

New data from Black Box Intelligence confirms fewer price hikes positively impacts intent to return; leads to increase in guest traffic and sales. Best and worst performing region, segment and cuisine is based on same-store sales growth. Same-Store Sales Growth Lowest Since February 2021. Same-store sales growth was +1.6%

Fast Casual 78

Fast Casual Point of Sale 2022 Fine Dining 78

The Restaurant Times

MARCH 6, 2023

It is well known that the hospitality sector has lower profit margins than other market segments. 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. Simply subtract your total sales from your cost of goods sold (CoGS) over a certain period.

Food Truck 52

Food Truck Point of Sale Employee Relations Equipment 52

Qu

MARCH 31, 2023

The industry has reached a turning point. 1) More predictable digital sales will enable operational efficiency. 1) More predictable digital sales will enable operational efficiency. Off-premises sales are finally starting to settle into a predictable rhythm. For the most in-depth analysis, download the full report.

2023 52

2023 Fast Casual Point of Sale Employee Relations 52

Restaurant365

JANUARY 4, 2022

Many analysts see the rising inflation trend lasting minimally through the first half of the year, with rates not expected to moderate or improve until the second half of 2022. With integration, your inventory system can also automatically pull sales information to track theoretical inventory. from a year ago. More about this later.).

Inventory 148

Inventory Pricing Management Management 148

Lavu

SEPTEMBER 28, 2022

Unlike a loan that charges interest, merchants agree to pay a portion of future sales in exchange for receiving fast and efficient funding, all for one low, flat capital fee based on the cash advance amount. Payment is automated on a set pay schedule and is based on a percentage of sales through Lavu determined prior to accepting the capital.

Cash Management 78

Cash Management Point of Sale Small Business Mobile Ordering 78

EATER

JANUARY 3, 2023

They put the word out on social media to reach other Black butchers and began hosting monthly Zoom calls in early 2022 with butchers of color from all over the world: America, Ghana, Australia. He came across the profile page of Norman Nesby Jr., a professional butcher two decades his senior, who is Black.

Point of Sale 95

Point of Sale Employee Relations Social Media Hiring 95

Restaurant365

JULY 8, 2021

But while off-premise demand has grown, in-person sales are coming back as more regions open up again. For restaurant owners and operators, how do you balance between maintaining off-premise business and rebuilding in-restaurant sales—at the same time? However, in the era of social distancing, these burgeoning trends took off.

Point of Sale 78

Point of Sale FOH Fine Dining Online Ordering 78

EATER

APRIL 20, 2022

The commissioner points to the fact that Black people in the U.S. face increased rates of several diet-related health disparities, including hypertension , heart disease , and diabetes. “There are 70 dollar stores, and more than half — 41 — are in my district,” says Cochran-Johnson, who took her oath in 2019.

Food Safety 103

Food Safety Food Retail Small Business 103

Black Box Intelligence

FEBRUARY 22, 2022

Restaurant Guest Satisfaction Snapshot™ – January, 2022. A restaurant sales downturn that began in December continued into January. The industry posted negative sales growth for the first month since February of 2021. Sales growth was –0.9% percentage points compared to the December growth rate. in January, down 6.2

Point of Sale 40

Point of Sale Beverage 2021 Food Supply 40

Modern Restaurant Management

DECEMBER 14, 2021

Modern Restaurant Manaagement (MRM) magazine asked restaurant industry insiders to discuss the key challenges they believe restaurants will face in 2022. The challenges our teams have faced over the last two years specifically has made us value our employees now more than ever. A drop in employee retention & difficulty in hiring.

2022 189

2022 Food Supply Mobile Ordering Customer Experience 189

Black Box Intelligence

JULY 26, 2022

New data from Black Box Intelligence confirms fewer price hikes positively impacts intent to return; leads to increase in guest traffic and sales All growth numbers are year over year unless specified. Best and worst performing region, segment and cuisine is based on same-store sales growth. Same-store sales growth was +1.6%

Fast Casual 40

Fast Casual Point of Sale 2022 Fine Dining 40

Black Box Intelligence

JUNE 1, 2022

Sales Growth Softens To Lowest Level Since Late March. Data through the week ending May 22, 2022. Restaurant sales growth fell during the week, with the industry seeing its worst results since week ending March 20. The segment with softest sales growth was quick service, followed by casual dining.

2022 52

2022 Point of Sale Fine Dining Employee Relations 52

Modern Restaurant Management

MARCH 3, 2023

In a State of the Restaurant industry report, the Natiional Restaurant Association sees a return to normal with predicted sales growth in 2023. Other top research lists how impactful the Super Bowl was for restaurants, the state of gift cards and top pizza cities. million by the end of 2023.

2023 203

2023 2022 Consumer Goods Point of Sale 203

Perfect Daily Grind

SEPTEMBER 16, 2022

Agnieszka Rojewska wins 2022 Polish Brewers Cup. Rojewska, who is a former World Barista Champion and the 2022 World Coffee in Good Spirits Champion, will represent Poland at this year’s World Brewers Cup in Melbourne, Australia from 27 to 30 September 2022. in 2022, despite 2.5% Tue, 13 Sep.

2022 139

2022 Café Seminar 2023 139

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. Restaurant sales in the US grew from $842.3 million in 2022, to $1,087 million in 2023. The global foodservice market size reached $2,989.5 decline from 2022.

2024 52

2024 Operations 2023 Loyalty Program 52

Perfect Daily Grind

NOVEMBER 25, 2022

Proceeds of sales of Ayantu’s coffee will be used to fund the project. Ethiopia’s Tracon Trading wins the 2022 Ernesto illy International Coffee Award. The auction will include 16 coffees, with score points ranging from 86 to 89.25. PRF El Salvador will take place on 16 and 17 March 2023 in San Salvador. Tue, 22 Nov.

2022 166

2022 Workshop Certification Café 166

Modern Restaurant Management

SEPTEMBER 10, 2021

Ike’s Love & Sandwiches made a strategic investment in Los Angeles phenomenon Bangin’ Buns with plans to expand the young concept across Southern California and bring the brand to new markets. ” Ike's Loves Bangin' Buns.

Franchise 188

Franchise Franchising Food Fast Casual 188

Modern Restaurant Management

MARCH 24, 2020

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. New Level of Hot Dog.

Food Supply 101

Food Supply Kitchen Safety Cash Management Food Safety 101

Modern Restaurant Management

DECEMBER 19, 2023

We are also confident in our small-footprint concept that we’ve mastered over the last 35 years, and believe it positions us well when it comes to real estate site selection, which can be a true pain point for companies. Each year, Modern Restaurant Management (MRM) magazine asks experts for their views on the state of the industry.

2023 117

2023 Front of House Customer Experience Customer Service 117

Modern Restaurant Management

SEPTEMBER 14, 2021

TEAM Schostak Family Celebrates Anniversary and Employees. TEAM Schostak Family Restaurants (TSFR) is celebrating its 40th anniversary along with the anniversaries of employees that have been with the company for 20 years or more. New & Notable spotlights the latest news restaurateurs need to know.

Food 173

Food Tip Distribution Guest Recovery Food Safety 173

Perfect Daily Grind

APRIL 29, 2022

Dalla Corte debuts in US market. Uwera has also led projects on sustainable solutions, advocacy, technical capacity-building, and improving market access and digital financial solutions for small and medium enterprises – including coffee businesses. Coca-Cola reports 27% increase in coffee category sales in 2022 first quarter.

2022 124

2022 Point of Sale 2021 Café 124

Restaurant365

JANUARY 4, 2022

Many analysts see the rising inflation trend lasting minimally through the first half of the year, with rates not expected to moderate or improve until the second half of 2022. With integration, your inventory system can also automatically pull sales information to track theoretical inventory. from a year ago. More about this later.).

Inventory 15

Inventory Management Management Food 15

Modern Restaurant Management

MARCH 11, 2020

” Derek Jones, President of Smart Foodservice, commented, “The management team at Smart Foodservice very much looks forward to working with the team at US Foods in accelerating our growth in the attractive cash and carry foodservice market. .” US Foods to Acquire Smart Foodservice.

Bar 154

Bar Cash Management Loyalty Program Point of Sale 154

Modern Restaurant Management

DECEMBER 14, 2020

" The platform will continue to house a variety of helpful COVID-related materials as well as evolving resources to address new and emerging challenges. " The platform will continue to house a variety of helpful COVID-related materials as well as evolving resources to address new and emerging challenges. Make it This Winter.

Webinar 189

Webinar Customer Experience Mobile Ordering Customer Service 189

Restaurant365

MAY 3, 2022

According to the National Restaurant Association, hourly wages for restaurant employees grew by 12.1% between February 2021 and February 2022. Driven by the hiring crisis, many restaurant groups are trying to woo employees with higher wages and benefits for hourly employees – both mostly unheard of prior to the pandemic.

FOH 78

FOH BOH Employee Relations Tip Distribution 78

Modern Restaurant Management

SEPTEMBER 23, 2020

These include marketing, website development, omnichannel payments and point-of-sale (POS) solutions. "We're “We will continue to create innovative products and further our go-to-market approach to ensure merchants nationwide have access to the tools they need to run their businesses. SpotOn Transact, Inc.

Serving 207

Serving White Paper Food Recycling 207

EATER

AUGUST 22, 2022

It was April 2017, a seventh season of the show would air in a couple of months, and a friend had come to Chicago to attend this dinner with me, not because we loved Game of Thrones — neither of us had watched for years at that point — but because the idea of a fannish dinner was exciting. This version was dyed with squid ink.)

Fine Dining 101

Fine Dining 2012 Reference Social Media 101

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 133

2021 Point of Sale Guest Recovery Travel 133

Modern Restaurant Management

JUNE 8, 2020

… “Our focus will now shift toward achieving similar bipartisan results in the Senate because enacting these PPP changes will help restaurants get the relief they need to get employees back to work and the industry on the path to recovery.” PPP Goes Flexible. President Trump signed H.R.7010 President Trump signed H.R.7010

Guest Recovery 154

Guest Recovery Food Safety Employee Relations Mobile Ordering 154