Modern Restaurant Management

DECEMBER 1, 2021

In October, the USDA reported year-to-date averages, noting that food-at-home (grocery store) prices have increased 2.5 percent and food-away-from-home (restaurant) prices have increased 3.6 percent, and food-away-from-home prices are expected to increase between 3 and 4 percent. If current projections from the U.S.

Loyalty Program 212

Loyalty Program Pricing Menu Mobile Ordering 212

Perfect Daily Grind

SEPTEMBER 9, 2022

European Sensory Summit 2022 takes place Zurich, Switzerland. by end of 2022. Colombian coffee production increases 4% in August 2022. However, exports in August 2022 fell by 23% to 872,000 60kg bags, compared to more than 1.1 However, exports in August 2022 fell by 23% to 872,000 60kg bags, compared to more than 1.1

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2022 Pricing 2023 Events 133

Perfect Daily Grind

JANUARY 31, 2023

For the most part, both the price of arabica and robusta rely on futures contracts. These are legal agreements to buy or sell a particular commodity at a predetermined price on a set date. Fluctuations in the market can influence prices paid by roasters and consumers and prices paid to farmers, as well as their production costs.

Pricing 172

Pricing Influencer Workshop 2022 172

Modern Restaurant Management

MARCH 15, 2024

billion in sales in February 2022. Many processors offer different deals, technology, pricing and other unique options. Interchange Plus – the pricing adds a markup of a set percentage above the interchange rate to each transaction, having the processor take the markup as its payment.

Equipment 196

Equipment Small Business Customer Service Pricing 196

Future Food

NOVEMBER 7, 2021

The Trends to Watch in 2022 & Beyond The changing face of Food & Hospitality. With the pandemic starting to ease in some parts of the country and lockdowns becoming a thing of the past (hopefully), 2022 brings some cautious optimism to the industry as businesses start to see light at the end of the tunnel. Robot Technology.

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2022 Food Supply Entertainment Hospitality 148

The Restaurant Group

OCTOBER 21, 2022

2022’s Restaurant Industry. When the pandemic in 2022 struck, every restaurant in the food industry was affected by numerous challenges such as coping with social distancing and food service restrictions. Labor and inflation were two of the biggest challenges faced by restaurants in 2022. Labor Shortage and Inflation Woes.

2022 88

2022 Back of House Food Supply Government 88

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.

Catering 52

Catering 2022 Pricing Food Supply 52

Modern Restaurant Management

JULY 27, 2022

Most notably, consumer spending at restaurants appears to be holding-up relatively well this summer despite aggressive menu-price increases in the first-half of the year." Consumer spending at restaurants appears to be holding-up relatively well this summer despite aggressive menu-price increases in the first-half of the year.

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2022 Fast Casual Customer Service Food Safety 180

Perfect Daily Grind

APRIL 17, 2023

From the increasing reliance on technology to a growing emphasis on sustainability , there have been significant developments across all areas of the supply chain. However, thanks to the growing prevalence of technology and online platforms in the coffee industry, it is now easier and more streamlined than ever to buy green coffee.

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Technology Transportation Online Ordering Small Business 114

Modern Restaurant Management

DECEMBER 18, 2023

A Look Back at 2023 To gauge the state of the restaurant industry, including the industry’s most pertinent worries around food and labor costs, Restaurant365 conducted a survey of over 730 customers representing 14,000+ locations in December 2022 and again in September 2023.

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2024 2023 Back of House 2022 202

Perfect Daily Grind

OCTOBER 1, 2022

Nestlé Professional to host Nescafé Plan 2030 webinar on 5 October 2022. The organisation launched a fundraiser ahead of International Coffee Day on 1 October 2022. World Coffee Alliance to host final digital traceability webinar on 12 October 2022. Uganda anticipates record-breaking coffee harvest for 2022/23.

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2022 2023 Point of Sale Webinar 135

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. Logistics challenges and labor shortages have fueled rising food prices at the wholesale level. Data from the Bureau of Labor Statistics showed the November Producer Price Index, a measure of wholesale prices, up 9.6% from a year ago.

Inventory 148

Inventory Pricing Management Management 148

Modern Restaurant Management

FEBRUARY 17, 2023

Restaurant operators have scrambled to launch loyalty programs and subscription services in recent years – capitalizing on new technology to keep that “old” customer, often 16x more valuable than a new one. Move value menus from low-price to abundance. Lean on technology. Hint: rewards help.

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Loyalty Program Mobile Ordering Customer Service 2022 188

Modern Restaurant Management

MAY 9, 2022

In our April 2022 monthly industry impact report, QSR sales in the US are flat at 0.2 percent in Q1 2022 compared to the same quarter last year. And as we examine Q1 2022, we see that QSR performance continues to lag. In March 2022, traffic was down -8.5 percent in the first three months of 2022.

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2022 Loyalty Program Point of Sale 2021 189

Perfect Daily Grind

DECEMBER 9, 2022

Australian and Thai competitor Jibbi Little wins 2022 World AeroPress Championship. Price of coffee dropped by 12.3% In its latest monthly report, the organisation says that while average prices for all group indicators decreased in November, the ICO Composite Indicator Price stabilised around US 160 cents/lb last month.

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2022 2023 Webinar Workshop 156

The Restaurant Times

JANUARY 13, 2022

F oodies and F&B experts share their predictions for the food industry trends that will likely emerge in 2022 in the weeks and months to come. 5 F&B Industry Trends One Must Not Miss In 2022. Technology To Flourish. Plant-Based Meals. Source: Inhabitat.

2022 75

2022 Outdoor Beverage Waste 75

Modern Restaurant Management

NOVEMBER 1, 2022

Restaurant guests in cost-saving mode are eating out less and more conscious of menu prices, according to Restaurants: Consumer Trends Fall 2022/Winter 2023 a report produced by Provoke Insights in collaboration with Modern Restaurant Management (MRM) magazine. The study was in-field from Autumn 2022.

Fine Dining 189

Fine Dining Seasonal Menu Social Media 2022 189

Modern Restaurant Management

JANUARY 26, 2023

There is a widespread new appreciation for restaurants, an encouraging sign for the future, according to The Bank of America 2022 State of the Restaurant Industry report. How would you characterize 2022 for restaurants? In 2021, restaurants saw a rebound, leading many to approach 2022 with rose colored glasses.

2023 189

2023 Franchise Franchising Employee Relations 189

Future Food

NOVEMBER 30, 2021

The Commercial Catering ‘shake up’ is here and been brewing for a while What 2022 holds. At the same time Delaware North has lost the SCG to Merivale, Melbourne has also seen a changing of the guard at the MCG with Delaware replacing Spotless as the caterer at the grounds with a 7 year contract starting in April 2022.

Catering 146

Catering 2022 Customer Experience Customer Service 146

Perfect Daily Grind

JULY 1, 2022

Specialty Coffee Association announces winners of several 2022 World Coffee Championships. Bandung West Java Coffee & Tea Expo 2022 takes place in Indonesia. The event was held as part of the 2022 Bandung West Java Food & Beverage Expo. USDA estimates 2022/23 coffee production will increase by 7.8 Mon, 27 Jun.

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2022 Café Webinar Education 127

Marketing4Restaurants

DECEMBER 29, 2021

We analyse the big trends along with changes in technology, changes within the restaurant customer base and just as importantly – your team. We put all these together to discuss what the big trends will be for Restaurants in 2022 and how you can benefit from them. What are the trends we’re seeing in 2022? ●

2022 52

2022 Front of House Food Truck Back of House 52

Modern Restaurant Management

NOVEMBER 24, 2021

Restaurants have faced labor shortages, supply and equipment shortages, and climbing food prices, with no past playbook on how to navigate the crisis. To help operators move forward, let’s take a look at some of the challenges the industry has experienced in 2021 and how they can come out on top in 2022 and beyond.

2021 189

2021 Food Supply Food Truck Supplies 189

Restaurant365

FEBRUARY 8, 2022

Restaurant forecasting is so critical, especially now when 2022 could possibly be as unpredictable as 2020 and 2021. Part 1 covers why 2022 may not be like forecasting in any other year and ways you can work around year-over-year forecasting. Restaurant forecasting for 2022. Workarounds for budgeting in 2022.

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2022 Cash Management Point of Sale Inventory 78

Modern Restaurant Management

DECEMBER 21, 2022

In terms of trends, it is clear that in 2023 technology will continue to shape and enhance the restaurant industry and we will see operators adopting new technologies to create an even more seamless and frictionless experience for guests, while still maintaining unique and engaging dining experiences. For part one, click here.

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2023 Loyalty Program Mobile Ordering Customer Experience 197

Modern Restaurant Management

MAY 18, 2022

Second, employers will need to spend more on technology to meet employee needs. In recent years, medical technology has been driving trend, but in today’s economic environment, medical providers are raising prices. percent in 2022, down from 7.0%. More Technology.

Insurance 212

Insurance 2022 2023 Technology 212

Mad Mobile

FEBRUARY 22, 2024

Statistic Detail 46% 46% of adults think technology has a positive impact on their restaurant experience. 47% 47% of operators predict an increased reliance on technology and automation to address labor shortages in their type of restaurants by 2024, including 44% of full-service and 49% of quick-service. trillion in 2024.

2024 40

2024 Technology Customer Experience Dietary Restrictions 40

Cheetah

JANUARY 27, 2022

As 2022 kicks off, operators that wish to stay competitive must upgrade their website and social media presence to keep up with the changing restaurant world. While it’s meant to make our lives easier, restaurant technology can still be time consuming and increasingly complex. Reading Time: 4 minutes. GET STARTED.

Social Media 78

Social Media 2022 Website Management Online Ordering 78

Modern Restaurant Management

JUNE 30, 2023

.” This was both a technology and operational fail due to lack of proper testing/QA and employee training. Own Your Changes In March 2023, restaurants’ food prices were 8.8 percent higher than in March 2022. Own Your Changes In March 2023, restaurants’ food prices were 8.8 percent this year.

Operations 179

Operations Mobile Ordering Customer Experience Online Ordering 179

Modern Restaurant Management

JUNE 2, 2022

But some, such as the popularity of technology enabled dining experiences, are staying strong. As of the spring of 2022, 71 percent of consumers indicated they had used a mobile app to order food from a restaurant. As consumers continue to feel a greater sense of normalcy, many pandemic-related concerns have started to subside.

Mobile Ordering 189

Mobile Ordering Front of House Back of House Consumer Goods 189

Modern Restaurant Management

OCTOBER 20, 2023

2023 brought new challenges to the table for the restaurant industry, from rising food prices due to inflation to continued disruptions in the supply chain. Instead, they need to integrate data insights with marketing functionality using next-generation marketing technology solutions that help identify priority customers.

Marketing 197

Marketing Loyalty Program Email Marketing Coupons 197

Black Box Intelligence

JULY 6, 2022

Restaurant sales are up mainly because of the increase in restaurant prices , which have caused overall sales to increase. The restaurant industry is experiencing a very unique time right now, a time in which the old pricing models and industry trends need not apply.

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2022 Webinar Dine-in Food Supply 84

Modern Restaurant Management

DECEMBER 21, 2023

As it relates to technology, there’s no question more and more tap rooms, bars and restaurants are embracing technology. What we’re seeing, however, is that technology adoption is less about solving “the staffing problem” as much as it is about enhancing the guest experience. That may not be true.

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2023 2024 Insurance Employee Relations 123

Modern Restaurant Management

AUGUST 10, 2022

Food prices are soaring amidst supply chain disruptions, increasing labor costs, and processing plant shutdowns. Poultry prices are up 15 percent to 18 percent ; the cost of eggs has risen 73 percent. The food service industry is scrambling to keep up with these new costs, pushing the price of a restaurant meal to a 40-year high.

Customer Experience 188

Customer Experience Online Ordering Customer Service Mobile Ordering 188

Perfect Daily Grind

JANUARY 3, 2023

You may also like our article on whether coffee roasters should add robusta to blends if arabica prices increase again. On top of this, the Russian government’s invasion of Ukraine has worsened the situation – leading to record gas prices and potentially resulting in high energy and food prices for the next three years.

Equipment 162

Equipment Transportation Sustainability Technology 162

Perfect Daily Grind

AUGUST 5, 2022

Ally Champ Trip 2022 takes place in Brazil. The 2022 Ally Champ Trip participants are visiting several farms in the states of São Paulo and Minas Gerais, including Fazenda Minamihara and Fazenda Bela Época. Nestlé hikes prices over first half of 2022 as coffee sales drive recovery. Here are this week’s stories.

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2023 2022 Compost Events 133

Perfect Daily Grind

MAY 20, 2022

JDE Peet’s to responsibly source 80% of coffee by end of 2022. Events coordinator Italian Exhibition Group reports 2022 first quarter revenue of €38 million (US $40 million). Brazil’s 2022 coffee production estimated to be 55.7 Production of robusta in the Amazon is estimated to increase 10% in 2022.

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2022 Events Recycling Café 129

Modern Restaurant Management

FEBRUARY 21, 2022

Bn at an impressive 22 percent CAGR in 2022. percent CAGR between 2022 and 2032, and Plant-Based Milk sales will grow ~ 2x by 2032, says Future Market Insights. In 2022, restaurant industry or food industry in general is planning to serve an omnivore population who is trying to cut back animal products from their diet.

Fine Dining 221

Fine Dining Fast Casual Food Supply 2022 221