Modern Restaurant Management

NOVEMBER 7, 2022

To answer that question, Revenue Management Solutions (RMS) examined two factors: the impact of price increases on QSR sales performance and consumers’ perception of value. As indicated in the above chart, when price increases surpassed 10-13 percent, traffic started to decline severely, negating some or all of the net sales benefits.

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Perfect Daily Grind

MAY 27, 2022

Colombia’s National Federation of Coffee Growers serves coffee at 2022 World Economic Forum. Brazil’s National Supply Company estimates 2022/23 production down by 2.3 Cup of Excellence Mexico 2022 announces competition winners. A total of thirty coffees scored over 87 points. Mon, 23 May. Starbucks to leave Russia.

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Perfect Daily Grind

JUNE 24, 2022

Coffee Roasters Guild announces Diedrich Roasters Scholarship programme for 2022 CRG Retreat. From each sale of the Colombian coffee, £1 (US $1.23) will be donated to Stonewall. Garavaglia has decided to resign for personal reasons, and will officially leave the company on 31 August 2022. Applications are open until 1 July.

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Modern Restaurant Management

MAY 17, 2023

As one of the largest generations of consumers, they continually influence the ways restaurants innovate, and there are identifiable characteristics that differentiate Gen Z consumers from their older counterparts. Born between 1997 and 2012, Generation Z is a demographic known for being tech-savvy and socially conscious.

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ChefMod

OCTOBER 20, 2021

Pundits predict a surging demand in consumption in 2022 but also shrinking corporate pool as most people work from home. Pundits predict a surging demand in consumption in 2022 but also shrinking corporate pool as most people work from home. They harnessed the power of technology to innovate new solutions to avoid shutting down.

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Modern Restaurant Management

DECEMBER 21, 2023

In 2024, we’re watching for continued and renewed innovation in the creator market that will extend into the on-premise – giving sellers richer options with greater variety that will bring uniqueness and premiumization to on-premise draft programs. Here are some of their insights.

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2023 2024 Insurance Employee Relations 124

Foodable

DECEMBER 23, 2021

Listen to "Digital Consumer Trends 2022" on Spreaker. Three Key Points: It's no secret that consumers drive the trends. Brands will need to continue to enhance their digital business to keep consumers connected in order to create loyalty and drive sales. In fact, keeping up with modern consumer trends has become a necessity.

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Perfect Daily Grind

SEPTEMBER 23, 2022

Kenya’s national coffee auction platform says the country sold 52.58% more 60kg bags of coffee in the 11 months to August 2022, representing an increase in coffee earnings of US $81 million. SIGEP The Dolce World Expo to showcase Italian coffee, pastry, and gelato innovation in Rimini. Nominations close on 3 October.

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Foodable

NOVEMBER 22, 2021

Three Key Points: It's no secret that consumers drive the trends. Brands will need to continue to enhance their digital business to keep consumers connected in order to create loyalty and drive sales. In fact, keeping up with modern consumer trends has become a necessity. Click to learn more about our Foodable.IO

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Perfect Daily Grind

JUNE 4, 2023

When we think of innovation in specialty coffee, many of the countries that first come to mind are often Scandinavian – and rightly so. Places like Australia, New Zealand, Japan, South Korea, Taiwan, and the US have all become pioneering forces in specialty coffee – and continue to drive innovation in the sector.

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The Restaurant Group

SEPTEMBER 16, 2020

The COVID-19 restaurant trends seen now will likely continue well into 2021 and perhaps even 2022. The restaurant industry is nothing if not innovative and resilient. The restaurant industry is nothing if not innovative and resilient. These challenges have been especially taxing on the restaurant industry and its more than 13.5

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Perfect Daily Grind

MAY 10, 2023

Grown by Ethiopian producer Wolde Faye Koricha in the Oromia region, the 74110 variety ranked seventh at the 2022 Cup of Excellence Ethiopia competition. points at last year’s CoE Ethiopia. Last week, as part of a collaboration with musician The Weeknd, Blue Bottle Coffee announced its new Samra Origins range.

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Point of Sale 2006 2023 Advertising 138

EATER

NOVEMBER 3, 2022

Despite the copycat operations out there, these perishable garlands are big business: Edible Arrangements is one of the food businesses that has not only survived the pandemic, but thrived, enjoying a 45 percent increase in its sales , which totaled $500 million from 1,000 franchised stores in 2020. Marylu Herrera /Eater.

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Qu

MARCH 31, 2023

The industry has reached a turning point. It’s ripe for innovation, consolidation, and unification—all in service to greater efficiencies. 1) More predictable digital sales will enable operational efficiency. 1) More predictable digital sales will enable operational efficiency. But there’s good news, too.

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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

JULY 30, 2021

Participants in MyChange with SaverLife receive access to the national SaverLife platform and the opportunity to participate in national savings challenges, access financial education articles, engage in forums and accumulate redeemable points for a chance to win prizes. “We are very excited about our partnership with SaverLife. .

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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?

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The Restaurant Times

JANUARY 31, 2022

According to the American Bakery Association , the bakery is one of the subcategories of the US food industry that is witnessing an uptick in sales during the pandemic. Ways To Boost Bakery Sales Using Health-Focused Foods. This article will briefly discuss ways to use health-focused foods to boost bakery sales in the US in 2022.

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Foodable

NOVEMBER 24, 2021

In this session from Fast Casual Global , host Paul Barron sits down with Atul Sood, Chief Business Officer, of Kitchen United to discuss how understanding third-party delivery will be a key strategy long into the future and how innovators are creating entirely new business sectors in food service today. Learn More Now!

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Perfect Daily Grind

MAY 12, 2023

points at 2023 Best of Ka‘ū competition. Union Hand Roasted Coffee releases 2022 annual impact report. Anaerobic natural Red Bourbon coffee receives top score of 87.23 National Federation of Colombian Coffee Growers receives 750 lots in eighth Land of Diversity competition.

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Aaron Allen & Associates

AUGUST 15, 2023

Economic Growth Will Continue to Shape the Middle East HORECA Landscape Economic Indicators Encourage Hotel/Restaurant/Catering Sales Generally, the HORECA industry grows at the pace of GDP growth, population, inflation, and share of discretionary income. Hotel sales grew 23% over 2022, and Restaurants & Cafés grew by 17%.

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Qu

SEPTEMBER 16, 2022

. … but it IS vastly: Different / Changed Evolving Struggling Misunderstood (it’s not about Hardware) Under-served (from a Technology & Innovation standpoint) At Qu we’ve been all about going “Beyond POS” since we rebranded using that tagline in 2018. It’s moved over and is a side dish to the main course.

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Perfect Daily Grind

JANUARY 23, 2023

The 2022 World Barista Championship took place at the Melbourne International Coffee Expo in September last year. “It There are a number of competitions in specialty coffee designed to test the skills and knowledge of industry professionals. You may also like our article on whether the World Barista Championship needs to change.

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Perfect Daily Grind

APRIL 4, 2023

Forging connection to origin: a specialty “special” One of the main selling points of specialty coffee is that it is more sustainable, traceable, and transparent than commodity-grade coffee. Kosta Kallivrousis is the Sales Manager at Algrano in the US. This includes processing method, variety, altitude, and terroir.

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Restaurant365

MAY 30, 2022

But there was also excitement as the NRA predicted restaurant sales this year to climb higher than ever , long-isolated colleagues had the chance to reconnect, and Nathan’s Famous kept the hot dogs coming throughout the four-day affair. . It’s All About Automation . The most interesting of which came from Israel’s Yo!

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Foodable

JANUARY 14, 2021

Check out the Restaurant Recovery Resource to keep up to date on the latest innovations and ideas to help your business recover from the crisis. Three Key Points: Do not expect normalcy to return until 2022. Tweetable Quotes: “Look at your facility as a sales-per-square-foot feature.

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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. Restaurants will continue to grapple with labor shortages and supply chain disruptions throughout 2022. Supply chain : Supply chain issues will be a key challenge in 2022.

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Apicbase

AUGUST 25, 2023

Mastering new technological skills is, indeed, a crucial part of digital transformation, as highlighted by Tsedal Neeley and Paul Leonardi in their May 2022 Harvard Business Review article, Developing a Digital Mindset. Historically, restaurant operators have (often) been resistant to change. Hospitality is expanding through technology.

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Cash Management Technology Front of House Allergens 52

Mad Mobile

FEBRUARY 22, 2024

It’s clear that embracing technological innovation is no longer optional for restaurant owners and entrepreneurs; it’s essential for survival and success. Statistic Detail 46% 46% of adults think technology has a positive impact on their restaurant experience. 65% 65% of customers prefer self-service kiosks. trillion in 2024.

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Foodable

MARCH 4, 2021

Three Key Points: Food away from restaurants is expected to reach 58 percent—a $1.3 Connect the dots, read between the lines, build innovative strategies, become a thought leader, get the inside scoop on trends and open your eyes to the full vision of restaurant and hospitality with The Barron Report.

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Point of Sale Consumer Goods 2023 2022 52

Modern Restaurant Management

OCTOBER 22, 2020

“The concepts are designed with our consumer in mind and position our stores to grow sales within and outside the four walls, while reducing buildout costs for franchisees.” ” Many of the concepts are designed to grow off-premise sales, including ghost kitchen formats and smaller takeout footprints as low as 1,000 sq.

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The Rail

JULY 19, 2022

This kind of thinking often causes employees to resist or frustrate attempts at introducing technological innovations in their restaurants. By Katie Sullivan, Contributor The restaurant industry has changed dramatically over the past few years largely due to factors like new technology, external influences (e.g. 1 - Technology.

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Online Ordering Front of House Food Supply Back of House 52

Modern Restaurant Management

JUNE 3, 2021

This edition of MRM Research Roundup features What Feeds Us, top delivery apps, popular drinks and who is winning the chicken wars. The State of What Feeds Us. Bluedot released the fourth installment of its State of What Feeds Us report which has kept tabs on consumer behavior and restaurant habits throughout the course of the pandemic. Drive-Thrus.

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Modern Restaurant Management

DECEMBER 20, 2023

As with most other industries, the biggest talking point for restaurants in 2023 has been artificial intelligence. Each year, Modern Restaurant Management (MRM) magazine asks experts for their views on the state of the industry. Here are some of their insights. Click here for the first part.

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Modern Restaurant Management

MARCH 11, 2022

There are several related practices that I think we’re going to see prevail as dining brands look for innovative ways to not just survive but thrive. Increased Emphasis on Online Ordering. The increased cost of goods due to supply chain issues and economic inflation is causing brands to look for other ways to increase margins.

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Mad Mobile

FEBRUARY 16, 2024

A 2022 Deloitte Study found that consumers spend an incredible 20% more when ordering through technology like tableside ordering , online menus, and handheld POS devices. Welcome to the digital age of dining, where QR codes are becoming the cornerstone of a modern, efficient, and engaging restaurant experience. What is a QR code?

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Ordering Loyalty Program Social Media Mobile Ordering 40

The Food Corridor

MARCH 27, 2023

It’s certainly a model with extraordinary potential as evidenced by virtual restaurant brand MrBeast Burger which generated $100 million in revenue in 2022. This article is a good starting point to learn the cloud kitchen basics. Food delivery is nothing new, of course. What are the potential challenges with ghost kitchens?

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