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The Tech Revolution Reshaping the Restaurant Experience

Modern Restaurant Management

A well-designed QSR that emphasizes workflow optimization and smart customer flow is poised to stay ahead in a market that surpassed $382 million in 2022, up from the previous year's total of $322.05 There's also a growing momentum towards zero-waste operations that are both environment-friendly and economically sensible.

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MRM EXCLUSIVE: Consumer Data Analytics Reveal Dining Patterns to Attract Customers 

Modern Restaurant Management

In 2022, there were about 631,000 restaurants in the United States. When we asked about fast food: 29 percent said they eat fast food frequently. 46 percent said they occasionally dine at a fast-food restaurant. Only five percent said they never eat fast food. 29 percent said they rarely ate at casual restaurants.

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What Trends Are You Seeing and What Can We Expect to See More of in 2022?

Modern Restaurant Management

With current supply chain issues and these brands already operating under thin margins, we expect operators to be strategic when it comes to menu sizes, limited offerings and daypart offerings to limit waste, cut costs, and maximize profitability. Six key predictions for 2022 include: A focus on building an agile, resilient supply chain.

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‘Everything Matters’ – Experts Discuss 2022 Restaurant Outlook

Modern Restaurant Management

"Like so many industries, full-service and fast-casual restaurants are feeling the impact that inflation is having on their business and guest count. These regulations vary by state and restaurant owners should be sure they are aware of their state’s policy before adding service fees to customer tickets.”

2022 178
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Roadmap to Sustainability

Modern Restaurant Management

That’s much more money than I ever had to spend on marketing but a drop in the bucket compared to what other fast casual brands spend for much less impactful results. Actions like waste reduction are actually cost savers. Lastly, reduce waste by cross utilization of ingredients and cooking a la minute.

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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

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.

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??Widespread Slowdown of YoY Sales and Traffic Growth Continues for all Restaurant Segments

Black Box Intelligence

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.