Modern Restaurant Management

DECEMBER 21, 2023

This may make sense in terms of distributor strategy, but BrewLogix is raising a cautionary flag for 2024 as it relates to the on-premise product mix. As it relates to technology, there’s no question more and more tap rooms, bars and restaurants are embracing technology. Here are some of their insights.

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2023 2024 Insurance Employee Relations 122

Black Box Intelligence

MARCH 8, 2022

If you’re heading into 2022 with cautious optimism, that’s understandable. Here are the restaurant trends for 2022. . With those evolving restaurant trends in mind, let’s take a closer look at the state of the industry at the beginning of 2022. Restaurant industry trends 2022. Here’s our restaurant forecast for 2022. .

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2022 Guest Recovery Point of Sale 2021 52

Black Box Intelligence

SEPTEMBER 16, 2022

Restaurant Sales Growth Rebounds – Posting Best Month Since March 2022 . Best and worst performing region, segment and cuisine is based on same-store sales growth. How did the restaurant industry perform in August 2022? High Prices, Large Check Growth Fuels Increase in Sales Despite Declines in Traffic .

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Fast Casual Point of Sale Front of House Fine Dining 68

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

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. percentage points compared to last month.

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Fast Casual Fine Dining Point of Sale Casual 89

Lavu

NOVEMBER 10, 2022

The 2022 State of the Restaurant Industry found that 70% of operators do not have enough employees to support customer demand. The 2022 State of the Restaurant Industry found that 70% of operators do not have enough employees to support customer demand. What Is Restaurant Automation?

Employee Relations 78

Employee Relations Inventory Fast Casual Point of Sale 78

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.

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Retail Employee Relations Hotels 2022 78

Aaron Allen & Associates

OCTOBER 4, 2022

Restaurant labor costs are usually the largest cost foodservice establishments have in their P&L, averaging around 30% of sales. per hour (as of July 2022) — an increase in labor cost of 33% in the last five years Much of the restaurant employment is part time, with employees working an average 25.5 In the U.S., In the U.S.,

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Point of Sale Employee Relations 2022 Mobile Ordering 98

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.

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2024 2023 Food Order 2013 188

Touch Bistro

AUGUST 11, 2021

Planned increase on January 1, 2022. Planned increase on January 1, 2022. hour for businesses with 4 or more employees. hour for businesses with 25 or fewer employees and $14.00 for businesses with 26 or more employees (several cities also have their own minimum wage laws). Planned increase on January 1, 2022.

2021 98

2021 Restaurant Law 2022 Seasonal Menu 98

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

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.

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Online Ordering Delivery Point of Sale Customer Service 148

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

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

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.

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Design Food Supply 2001 Employee Relations 135

Foodable

MARCH 29, 2022

Instacart still could be overvalued relative to DASH, however, as its revenue growth, last year was less than a third of DoorDash’s, 21% versus 69%, while its price-to-sales ratio is more than 50% higher at 13x compared to DASH’s 7.5x. March 18, 2022)). Has Private Equity Money Dried up for Restaurants?" on Spreaker. Nusret Miami (No.

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Fast Casual Employee Relations 2021 Point of Sale 105

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

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.

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2023 Fast Casual Point of Sale Employee Relations 52

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 201

Franchise Franchising Fast Casual Point of Sale 201

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

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. percentage points compared to last month.

Fast Casual 40

Fast Casual Fine Dining Point of Sale Casual 40

The Restaurant Times

JANUARY 11, 2023

According to National Restaurant Association statistics, the US boasts of around one million restaurant locations with nearly 15 million working employees, all set to generate sales worth $898 billion in 2022. . Can a Foreigner Open a Restaurant in the US? Here is a list of all the broad requirements that you need to consider.

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License Restaurant Law Point of Sale Employee Relations 52

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.

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Food Safety Food Retail Small Business 103

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.

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Point of Sale FOH Fine Dining Online Ordering 78

Get Beyond

OCTOBER 24, 2023

It’s a massive day for making sales. In 2022, an estimated 51 million shoppers participated in the event. Eye up your inventory You can’t beat all your sales goals if you don’t have the inventory ready. Look at your books and track sales for the past few months or up to a year if you have it.

Small Business 52

Small Business 2023 Social Media Customer Experience 52

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.

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2022 Food Supply Mobile Ordering Customer Experience 188

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 88

Point of Sale Employee Relations Social Media Hiring 88

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

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.

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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. billion in 2022 and is expected to reach $80.9 decline from 2022.

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2024 Operations 2023 Loyalty Program 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.

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2023 2022 Consumer Goods Point of Sale 201

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.

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2022 Workshop Certification Café 166

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 100

Food Supply Kitchen Safety Cash Management Food Safety 100

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

SEPTEMBER 10, 2021

Eight months after the acquisition by Capriotti’s, Wing Zone is rolling out a brand refresh which features technology upgrades, a revamped menu, an energized restaurant design and experience, a new logo and other assets designed to further position the brand as one of the undisputed leaders in the chicken wing category.

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Franchise Franchising Food Fast Casual 186