Modern Restaurant Management

JULY 27, 2022

Most notably, consumer spending at restaurants appears to be holding-up relatively well this summer despite aggressive menu-price increases in the first-half of the year." Consumer spending at restaurants appears to be holding-up relatively well this summer despite aggressive menu-price increases in the first-half of the year.

2022 180

2022 Fast Casual Customer Service Food Safety 180

Modern Restaurant Management

APRIL 26, 2023

At a high level, the findings indicated that reported usage across restaurant segments and revenue channels has fallen compared to Q4 2022. On the bright side, sales continue to perform positively compared to last year, primarily driven by price increases throughout 2022. percent YOY) exceeded Food-At-Home prices (+8.4

2023 159

2023 Fast Casual 2022 Pricing 159

Modern Restaurant Management

JULY 21, 2022

In May 2022, the annual rate was 8.6 Come June, the Labor Department's Consumer Price Index saw that annual rate climb even further to 9.1 Come June, the Labor Department's Consumer Price Index saw that annual rate climb even further to 9.1 Consumers see a drop in gas prices , bringing them back to drive-thrus.

2022 179

2022 2005 Fast Casual Consumer Goods 179

Modern Restaurant Management

DECEMBER 22, 2022

Chefs are expressing optimism and anticipate a return to “normal,” according to the 2022 James Beard Foundation Fall Industry Survey. What were common menu items where prices were raised? . Sixty-seven percent of respondents raised prices throughout their entire menu, and 25 percent on a few items.

Food Supply 190

Food Supply 2023 Fast Casual Fine Dining 190

Modern Restaurant Management

FEBRUARY 21, 2022

Nowadays, vegan food is becoming normal in restaurants and fast food joints. Bn at an impressive 22 percent CAGR in 2022. Plant-based eating was previously limited to some selected restaurants and casual cafes. percent CAGR between 2022 and 2032, and Plant-Based Milk sales will grow ~ 2x by 2032, says Future Market Insights.

Fine Dining 221

Fine Dining Fast Casual Food Supply 2022 221

Modern Restaurant Management

JANUARY 26, 2023

There is a widespread new appreciation for restaurants, an encouraging sign for the future, according to The Bank of America 2022 State of the Restaurant Industry report. How would you characterize 2022 for restaurants? In 2021, restaurants saw a rebound, leading many to approach 2022 with rose colored glasses.

2023 190

2023 Franchise Franchising Employee Relations 190

Modern Restaurant Management

FEBRUARY 5, 2024

Yelp’s engaged community of locals who share their opinions and reviews is what enables its community to connect with great local and affordable businesses – more than 85% of the businesses on the list are priced under 30 dollars per person. The Bureau of Labor Statistics reported that fast-food prices jumped 6.2

2024 197

2024 Loyalty Program Food Order 2030 197

Black Box Intelligence

OCTOBER 27, 2022

Steep declines in gas prices and the moderation of inflation rates appear to be the reason behind the bolstered sales growth numbers. from August 2022. in June and July (a sliver of a silver lining) – this is the seventh month in a row (since March 2022) that same-store traffic growth numbers have been negative.

2022 40

2022 Point of Sale Fast Casual Fine Dining 40

Black Box Intelligence

JUNE 23, 2022

Data through the week ending June 12, 2022. Highest Performers include: Fine-Dining, Fast Casual, and Upscale Casual (based on sales growth). Lowest Performers include: Quick-Service and Casual Dining (based on sales growth). Casual Dining is a newcomer to the low performer category. Segment Performance.

2022 52

2022 Fast Casual Fine Dining Casual 52

Black Box Intelligence

DECEMBER 16, 2022

Inflation began its decline in late summer, the short term increase in gas prices has since subsided, and the impact of those economic trends can be seen in consumer spending at restaurants. . The restaurant industry has been a primary casualty of the 2022 labor shortage—and guests haven’t been forgiving. year over year in November.

Fast Casual 78

Fast Casual Point of Sale Front of House Fine Dining 78

Black Box Intelligence

AUGUST 20, 2022

Same-store traffic experienced negative YoY growth for the five-month period ending in July 2022. July’s top performing segments based on sales growth were Family Dining and Fast Casual. The industry’s worst performing segments – those posting negative YoY same-store sales growth – were Casual Dining and Fine Dining.

Fast Casual 89

Fast Casual Fine Dining Point of Sale Casual 89

EATER

MAY 5, 2023

A growing number of fast food chains are experimenting with seatless locations with only takeout or drive-thru options. Getty Images/iStockphoto As diners increasingly turn to delivery, the future of fast food may be one with no human interaction at all. People just aren’t hanging out at fast food joints the way they used to.

Fast Casual 107

Fast Casual Food Food Order Mobile Ordering 107

Modern Restaurant Management

DECEMBER 21, 2022

Reduce portion sizes slightly to maintain menu prices but account for increased costs. Don’t be afraid to increase price. Don’t be afraid to increase price. Bottom 50 percent of line items produce 3 percent of revenue. – Matt Rinehart, HRI Hospitality’s Vice President of F&B. . "Balancing

2023 198

2023 Loyalty Program Mobile Ordering Customer Experience 198

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. Year-over-year guest counts have now been in a three-month decline (since March 2022), impacting sales and traffic. Upscale Casual also saw a steep decline compared to May 2022.

Fast Casual 78

Fast Casual Point of Sale 2022 Fine Dining 78

Black Box Intelligence

SEPTEMBER 16, 2022

Restaurant Sales Growth Rebounds – Posting Best Month Since March 2022 . How did the restaurant industry perform in August 2022? A drop in gas prices combined with a more positive short-term outlook for income, business, and the labor market were all contributing factors. percentage points over July 2022’s growth rate.

Fast Casual 68

Fast Casual Point of Sale Front of House Fine Dining 68

Modern Restaurant Management

JUNE 3, 2021

In addition to the emergence of indoor dining, it explores rising competition between fast food and fast casual restaurant brands with COVID restrictions loosening. “The data strongly signals long wait times are a vulnerability for fast food restaurants as they compete for customers. . Fast food reigns supreme.

2021 190

2021 Fast Casual Mobile Ordering Guest Recovery 190

Future Food

SEPTEMBER 6, 2023

Whether owning or renting, the combination of 12 interest rate increases since May 2022, looming fixed rate mortgage cliff and predictions of one more rate increase before year end – interest rate impacts will continue to dominate cost of living pressures. During the last year of the pandemic, costs grew faster than prices rose.

Hospitality 78

Hospitality Loyalty Program Retail Food 78

Future Food

SEPTEMBER 4, 2023

Whether owning or renting, the combination of 12 interest rate increases since May 2022, looming fixed rate mortgage cliff and predictions of one more rate increase before year end – interest rate impacts will continue to dominate cost of living pressures. During the last year of the pandemic, costs grew faster than prices rose.

Hospitality 78

Hospitality Loyalty Program Fast Casual Food 78

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. Fast Casual Drive-Thru? Will this move continue to help the stock price ?

Fast Casual 105

Fast Casual Employee Relations 2021 Point of Sale 105

EATER

OCTOBER 18, 2023

| John Greim/LightRocket via Getty Images Once shunned by millennials, “uncool” chains are gearing up for a comeback For years, millennials were blamed for the death of the casual chain restaurant. Applebee’s saw massive sales growth in 2021 and 2022. The same growth is happening at other chains, too.

Casual 118

Casual Fast Casual Fine Dining 2021 118

Black Box Intelligence

DECEMBER 16, 2022

Restaurant Sales & Traffic Growth Softening Again, Likely Signaling Tougher Times Ahead Inflation began its decline in late summer, the short term increase in gas prices has since subsided, and the impact of those economic trends can be seen in consumer spending at restaurants. year over year in November. Yet, staffing levels remain flat.

Fast Casual 40

Fast Casual Point of Sale Front of House Fine Dining 40

The Restaurant Times

JULY 6, 2023

Today, David is responsible for all aspects of franchise development and operations for Capriotti’s, scaling a recently acquired fast-casual concept Wing Zone to new heights. Capriotti’s has received numerous awards, including the Franchise Innovation 2020 Award and being named in the Top 100 Movers and Shakers by Fast Casual.

Franchise 52

Franchise Franchising Fast Casual Casual 52

Black Box Intelligence

MAY 23, 2023

The Omicron-induced sales growth boost enjoyed during the first months of the year is long gone, and the industry is now contending with a harsher reality: sales growth is now weaker than it was at the end of 2022. during the months of Q4 2022. recorded for the Q4 2022 months. reported for the months in Q4 2022.

Webinar 52

Webinar Point of Sale 2022 Front of House 52

7 Shifts

JUNE 1, 2022

With more than 30 speakers and 800 attendees at the 2022 event, the Food Marketing Conference - hosted by Western Michigan University - is the event for restaurateurs hoping to spread the word of their business to the right audiences in the most cost-effective ways. In-Person or Virtual: Both ( In 2022 ). Food Marketing Conference.

2022 195

2022 Fast Casual Website Management Workshop 195

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. How did the restaurant industry perform in August 2022? A drop in gas prices combined with a more positive short-term outlook for income, business, and the labor market were all contributing factors.

Fast Casual 40

Fast Casual Point of Sale Front of House Fine Dining 40

Black Box Intelligence

AUGUST 20, 2022

Same-store traffic experienced negative YoY growth for the five-month period ending in July 2022. July’s top performing segments based on sales growth were Family Dining and Fast Casual. The industry’s worst performing segments – those posting negative YoY same-store sales growth – were Casual Dining and Fine Dining.

Fast Casual 40

Fast Casual Fine Dining Point of Sale Casual 40

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. Upscale Casual also saw a steep decline compared to May 2022. Industry-wide price increases have driven up check performance.

Fast Casual 40

Fast Casual Point of Sale 2022 Fine Dining 40

Goliath Consulting

NOVEMBER 3, 2022

However, in 2022, this number might have just increased a bit more since 2011. According to the Los Angeles Times , poultry prices have increased up to 17% from a year ago. It is an opportunity for all sectors of the restaurant business including quick service, fast casual, casual dining, and fine dining.

2011 78

2011 Fast Casual Fine Dining Dine-in 78

Aaron Allen & Associates

JULY 29, 2022

Already in 2019, restaurants were not able to pass inflationary costs on to consumers (back then, the average restaurant price increase was 3.1% And in 2021 restaurant price increases were 4.5% BellaBot from Pudu Robotics In today’s fast-paced world, efficiency is key. Restaurant margins have been under pressure for years.

Front of House 64

Front of House Back of House 2022 Kitchen Safety 64

Qu

MARCH 31, 2023

But between third-party delivery integration headaches, order fulfillment complications, and inconsistent customer experiences across channels, fast casual and quick-service restaurants (QSRs) are now faced with many technology-related inefficiencies. But there’s good news, too. AI and ML improve the efficiency of many operations.

2023 52

2023 Fast Casual Point of Sale Employee Relations 52

EATER

OCTOBER 26, 2023

In 2022, 9 million tourists visited Thailand’s largest island (down from 15 million in 2018) in search of white-sand beaches, clear waters, and palm trees. In the last decade, tourist-oriented restaurants, cheesy cafes, and fast food have moved into the town’s Chinese Portuguese shophouses. Rooms start at $220 during the high season.

Seasonal Menu 113

Seasonal Menu Hotels Back of House Front of House 113

Future Food

OCTOBER 19, 2022

My wife and I were exceptionally lucky with our first born, as we could essentially take him anywhere - breakfast, lunch or dinner - from a busy café to a smart casual restaurant, and enjoy a meal out without a gripe. The verdict on this is that there must be a balance across amenity, quality, service delivery and price.

Customer Experience 78

Customer Experience Brewery Customer Service Fine Dining 78

Foodable

MARCH 22, 2022

Rowe Price, Lone Pine Capital and XN. Chippy will be helping with staff shortages and combating inflation as we see more and more tech use with fast-casual concepts. In 2022, 51% of the population has listened to a podcast and roughly 78% are familiar with the medium. Podcast listeners increased by 29.5%

Recruiting 52

Recruiting Fast Casual Franchise Franchising 52

The Restaurant Group

SEPTEMBER 16, 2020

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. Unprecedented challenges must be met with flexibility as restaurants adapt to the “new normal.” Restaurant Industry Trends.

Online Ordering 148

Online Ordering Delivery Point of Sale Customer Service 148

Margin Edge

DECEMBER 14, 2022

Not making the list at all, whole turkey costs thankfully ( ba-dum tss ) played nice this November, increasing only 7% compared to October 2022's prices. With that in mind, sales broken down by segment show Full Service at 3% higher than November 2021, and Fast Casual at 6%.

Fast Casual 82

Fast Casual 2022 2023 Casual 82

Modern Restaurant Management

OCTOBER 22, 2020

The fast-casual brand continues to grow amid the pandemic and is on track to open more than 30 restaurants this year. The program’s goal is to create 100 Black-owned franchise restaurants by the end of 2022 and to continue growing that number. With drive-thru equipped buildouts as low as 1,200 sq. Holsom by Yogurtland.

Franchise 154

Franchise Franchising Loyalty Program Kitchen Safety 154

Modern Restaurant Management

DECEMBER 20, 2023

. – Andrew Glantz, GiftAMeal Founder/CEO 2022 marked a pivotal period of societal adaptation to touchless interactions, accelerated by the challenges posed by the pandemic. Restaurants had all independently decided to increase platform pricing, tentatively at first and then more boldly when consumers didn’t push back.

2023 197

2023 Loyalty Program Mobile Ordering Consumer Goods 197