article thumbnail

How Restaurants Can Drive Profits and Growth During a Perfect Storm

Modern Restaurant Management

Food and labor costs are elevated and expected to remain high in 2022 , negatively impacting restaurants’ profit margins. To maximize your existing resources: Reduce food waste. With prices skyrocketing, restaurants should focus on eliminating food waste. safety, quality, inventory, predictive ordering, etc.)

article thumbnail

How Solar Power Can Help a Restaurant’s Bottom Line

Modern Restaurant Management

Each year, food waste in the restaurant industry reaches losses that are in the billions. And, while there are multiple points of waste throughout the food supply chain, imagine if it were possible to limit losses due to power outages. The savings from batteries has the potential of being huge toward your bottom line.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

10 Restaurant Strategies for Controlling Food Costs

Restaurant365

And most operators don’t expect profitability to improve in 2022. One in three expect to be less profitable in 2022. Accounting for potential areas of inventory loss such as wait staff errors, kitchen waste, or incorrect preparation can be time consuming, but necessary. Use inventory tracking to reduce waste.

Food 78
article thumbnail

??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. However, when looking at 2021 vs. 2022 segment performance, the trailing impact of the pandemic is a factor and important in the context of positive or negative segment growth. But it’s not just about price.

article thumbnail

Restaurant Inflation: You Can’t Save Your Way to Success?

Aaron Allen & Associates

As of May 2022, the YOY growth in restaurant prices reached a record 7.4%, but labor costs grew by 10.1% in 2022 in only four months) while restaurant inflation (menu price increases) averaged 6.8%. What types of inventory management systems should we introduce to reduce waste? while labor cost was growing at 3.8% Read More ».

article thumbnail

MRM Franchise Feed: Church’s Goes Hybrid and Curry Up Incentives Now

Modern Restaurant Management

The new model will launch in 2022 and enables the company to advance work-life-balance for employees, while enhancing the workability and connectivity of the Restaurant Support Center teams. Founded in 2006, Just Salad is the fast-casual restaurant industry’s leading proponent of zero-waste practices. and Canada.

Franchise 204
article thumbnail

??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. However, when looking at 2021 vs. 2022 segment performance, the trailing impact of the pandemic is a factor and important in the context of positive or negative segment growth. But it’s not just about price.