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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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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Perfect Daily Grind

MAY 10, 2023

For this price, the coffee also comes with a collectible booklet featuring original Samra Origins artwork. 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. Read on to find out more.

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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

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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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. Will this move continue to help the stock price ? March 18, 2022)). on Spreaker. Fast Casual Drive-Thru?

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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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Perfect Daily Grind

JANUARY 23, 2023

While competitors can certainly learn a lot from these prominent coffee professionals, they can also charge very high prices as World Barista Championship coaches – making them too financially exclusive for some. The 2022 World Barista Championship took place at the Melbourne International Coffee Expo in September last year. “It

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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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Perfect Daily Grind

MAY 12, 2023

points at 2023 Best of Ka‘ū competition. Union Hand Roasted Coffee releases 2022 annual impact report. Union Hand Roasted Coffee releases 2022 annual impact report. Last year, the UK B Corp says it paid US $3 million above C market price for all coffees sourced, and reduced its carbon emissions throughout the year by 23 tonnes.

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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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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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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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Restaurant365

MAY 30, 2022

Familiar topics were perched on the crowd’s lips: inflation, rising food prices, the labor shortage, rolling waves of Covid. These latest innovations and enhancements will be of great value to our customers as they continue to optimize their post-pandemic operations.” . It’s All About Automation .

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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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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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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

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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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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Perfect Daily Grind

JUNE 9, 2023

New research suggests UK sales of home coffee machines will grow by 4.1% over the past 12 months, and estimates that capsule machine sales, as well as sales of home filter and espresso machines, will continue to grow in 2024. Tue, 6 Jun Two Geshas score over 96 points at 2023 Best of Panama competition.

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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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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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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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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.

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Modern Restaurant Management

DECEMBER 27, 2022

As we close out 2022, food production is at risk. Inflation is causing food prices – and food insecurity – to soar. . Tech tools will be instrumental in helping the food industry innovate to ensure that today’s problems don’t reduce our future food supply. million tons of grain. million tons of grain.

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Modern Restaurant Management

MARCH 8, 2024

Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022. Overall, “large parties,” or a party with eight or more guests, had a +2 percent increase in same-store transactions in Q4 2023 compared to Q4 2022. Total tips averaged 18.9

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Modern Restaurant Management

MARCH 1, 2022

To accurately assess the underlying trends of restaurant performance, RMS compared 2021 sales and traffic to pre-pandemic 2019 data. On average, sales were up 8.1 Compare that to average net price, which was up 7.5 percent, and it’s clear that net sales performance was sustained by average check growth.

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Apicbase

JANUARY 13, 2023

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).

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Modern Restaurant Management

MAY 28, 2021

The brand’s commitment to each guest service experience is the focal point of upcoming menu innovation, value-based choices, and a portfolio of new organic food and beverage educational content. Additional 2020 Award Recipients: Top Delivery Sales : Lance and Blake Condray, Campbell, CA. million guests.

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Perfect Daily Grind

NOVEMBER 18, 2022

points at 2022 Cup of Excellence Brazil. The auction will take place on 1 December 2022. Oatly reports 7% revenue increase in 2022 Q3 despite growth being “below expectations” The oat milk manufacturer downgraded its full-year 2022 revenue forecast by US $100 million.

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Modern Restaurant Management

DECEMBER 15, 2021

Since the labor shortage across the supply chain is likely to persist past the short-term and with other costs also increasing, one of the few ways restaurants can maintain their margins without raising their prices is to find ingredients that have better yields and require less labor to prepare. per portion.

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Aaron Allen & Associates

SEPTEMBER 30, 2022

Whether you are a restaurant chain looking for ways to innovate the menu and bring more frequent or new visits, an investor hedging bets on what plant-based companies will lead the segment, or a supplier looking to sell into restaurants , here are some of the most important plant-based trends impacting the foodservice industry. In the U.S.,

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The Restaurant Times

AUGUST 30, 2022

One such new-age technology is the restaurant point of sale (POS) system. It allows you to manage sales, inventory, supply chain, production, orders, kitchen operations, staff, and customers with the help of a digital interface of the software. What is a Restaurant POS System?

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Aaron Allen & Associates

AUGUST 24, 2022

From online ordering to kitchen automation and pizza delivery with drones, innovation continues to be an essential part of the future of the pizza industry. Domino’s get’s three-quarters of sales from online channels; for independents, this is only 20%. Slice’s total funding to date (as of February 2022) is $125m.

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Rocket Fuel

APRIL 15, 2024

The QSR industry is always evolving, but a lot of the change in the last three years started with the COVID pandemic and the need to quickly evolve their business model and digest the impact of third-party delivery, which introduces complexities in terms of how you serve it, how you price for it, and how you recover losses.

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Modern Restaurant Management

MARCH 11, 2020

US Foods will finance the acquisition primarily with $700 million in fully committed financing from Citigroup and Bank of America and will fund the balance of the purchase price through its existing liquidity resources. US Foods to Acquire Smart Foodservice. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

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Perfect Daily Grind

APRIL 22, 2022

The living income benchmark project will be implemented throughout 2022. and 90 points for its natural and washed arabicas, respectively. and 90 points for its natural and washed arabicas, respectively. points for its natural arabica. World Coffee Research to host annual Think + Drink Virtual 2022 event.

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