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2022: A Year of Transition for Restaurants

Modern Restaurant Management

More than half of restaurant operators said it would be a year or more before businesses conditions return to normal with food, labor, and occupancy costs are expected to remain elevated, and continue to impact restaurant profit margins in 2022, according to the National Restaurant Association's 2022 State of the Restaurant Industry report.

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Five Common Seasonal Hiring Mistakes and How to Avoid Them

Modern Restaurant Management

Managers and owners must develop strategic hiring plans through the end of 2022 and into 2023 to protect staff from long hours and burnout. However, limited budgets and resources necessitate thoughtful hiring decisions in order to reduce wasted time and costs on advertising positions or training new hires. How to avoid.

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2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

Research from 2022 found that 60 percent of employees wanted access to wages daily. 4 to 7 vendors in the restaurant space between recruiting and payroll are too many to be sustainable. The idea that companies should wait for employees to request EWA assumes employees already know about the benefit but don’t want it.

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Experts Weigh In: What Are Key Challenges Restaurants Will Face in 2022?

Modern Restaurant Management

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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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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New & Notable: TEAM Schostak Celebrates 40, AI in Food Service and Beachy Tech

Modern Restaurant Management

These changes go into effect in October for the launch of the 2022 call for entry period. Module 4: Recruitment and Onboarding. The James Beard Foundation announces changes to its Awards centered around the organization’s mission to celebrate, support, and elevate the people behind America’s food culture.

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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. For 62% of restaurants , automation could help fill critical gaps in managing orders. This trend is expected to continue in 2023.

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