Remove 2022 Remove Franchising Remove Recruiting
article thumbnail

MRM Franchise Feed: Bad Ass Gets Bigger and New Prototype for Bagel Boss

Modern Restaurant Management

MRM's Franchise Feed provides the latest news in restaurant and MUFSO franchising. Subway® announced significant expansion in India, Sri Lanka and Bangladesh, as the company signed a master franchise agreement with Everstone Group (Everstone), a South Asia focused leading private investment firm.

Franchise 450
article thumbnail

Turning Restaurant Staffing Challenges Into Opportunities

Modern Restaurant Management

Of these, one of the biggest challenges facing independent, franchised and fast-casual restaurants is staffing. And with inflation and wage growth driving a majority of the country’s economic discussions, this reality will add to the pressures on restaurant owners and managers to find ways to recruit and retain workers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Four Tactics Restaurant Managers Can Implement Now to Improve Employee Engagement

Modern Restaurant Management

According to the National Restaurant Association’s 2022 State of the Restaurant Industry Report , 50 percent of operators for both full-service and quick-service restaurants said that recruiting and retaining employees was their top challenge. The list of ongoing operational tasks for running a restaurant is extremely complex.

article thumbnail

Restaurant Conferences to Attend in 2022

7 Shifts

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. Restaurant Franchising and Innovation Summit. When: March.

2022 195
article thumbnail

Coffee News Recap, 29 July: Starbucks pushes for growth in Thailand, Saudi Arabian culture ministry signs agreement to develop coffee industry & other stories

Perfect Daily Grind

The event will take place in San José from 11 to 12 August 2022. Store expansion is a result of positive sales growth during the first half of 2022. The acquisition of the roasting and packaging solutions company was first announced in late April 2022, and is valued at CA $150 million (US $117 million). Aaron Davis. Thu, 28 Jul.

2022 171
article thumbnail

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.

2024 52
article thumbnail

85+ Restaurant Industry Statistics That Every F&B Operator & Manager Needs to Know in 2023

Apicbase

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).

2023 52