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.

2022 180

2022 Fast Casual Customer Service Food Safety 180

Margin Edge

FEBRUARY 3, 2022

Thanks to having a sales team made up exclusively of former operators, chefs and general managers, with 350+ years’ of collective experience, we’ve picked their brains and come up with a list of six ways restaurants can make a big impact in 2022 based on their experiences and tried-and-true tricks. Track waste. Track key item costs.

2022 98

2022 Food Seasonal Menu Waste 98

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. Danone , a large food corporation, recently made the decision to cut waste by incorporating wasted fruits into its yoghurt products.

2022 75

2022 Outdoor Beverage Waste 75

Modern Restaurant Management

MAY 19, 2022

The prices of goods and services have increased 8.5 percent from March 2021 to March 2022, accounting for the highest inflation rate since December 1981. Rebounding demand, supply chain issues, and labor shortages are mostly to blame for driving prices to an all-time high. Track Food Waste. Take Advantage of QR Codes.

Waste 187

Waste Food Supply Point of Sale Inventory 187

Modern Restaurant Management

MAY 2, 2022

Soaring prices, continued supply chain disruptions, and ongoing staffing shortages are creating a perfect storm for restaurants. 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.

Food Safety 218

Food Safety Food Supply Waste Sustainability 218

Perfect Daily Grind

JUNE 10, 2022

Robusta prices drop as Brazil continues 2022/23 harvest. Between 29 April and 31 May, robusta prices dropped by 10.57% to BRL 708.25 Caffè Culture Show 2022 to host two UK National Coffee Championships. Arabica prices hit three-month high following on from Brazil’s drought concerns. per 60kg bag (US 149.07

Pricing 126

Pricing Webinar 2022 Recycling 126

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.

2022 78

2022 Cash Management Point of Sale Inventory 78

Marketing4Restaurants

JANUARY 5, 2022

Rebranding and rethinking culture, values, vision, and mission I think we’re gonna be seeing a lot more of these mission-focused restaurants in 2022 and the trend is also a great sign for other restaurant owners to consider rebranding and rethinking their culture, values, vision, and mission.

2022 52

2022 Front of House Back of House Food Supply 52

Marketing4Restaurants

MAY 23, 2022

Rebranding and rethinking culture, values, vision, and mission I think we’re gonna be seeing a lot more of these mission-focused restaurants in 2022 and the trend is also a great sign for other restaurant owners to consider rebranding and rethinking their culture, values, vision, and mission.

2022 52

2022 Hiring Front of House Back of House 52

Modern Restaurant Management

JANUARY 20, 2023

As consumers watch food prices continue to rise, the demand for cost-effective meal solutions are prompting c-stores, full-service, and quick-service restaurants to increase their offerings. These occurrences can lead to increased waste, ultimately driving up costs that your business must eat.

Food 167

Food Food Supply Waste Food Safety 167

Modern Restaurant Management

DECEMBER 28, 2023

Over one-third (36 percent) of respondents reported more customers in 2023 than 2022, almost half (47 percent) reported higher check averages in 2023, a slight majority (51 percent) reported tracking better or the same as 2019, and almost three-quarters (72 percent) reporting increasing menu prices by 10-25 percent in the last year.

2024 189

2024 2023 Food Order 2013 189

Modern Restaurant Management

OCTOBER 16, 2023

In 2022, there were about 631,000 restaurants in the United States. Nearly a third of restaurants (29 percent) are considering raising prices. However, 88 percent of consumers say they’d understand if their favorite local business raised its prices due to inflation and rising costs of goods. including restaurants.

Fast Casual 212

Fast Casual Fine Dining 2023 Casual 212

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.

2022 129

2022 Events Recycling Café 129

Perfect Daily Grind

MAY 5, 2023

Mon, 1 May Westrock Coffee publishes 2022 Sustainability Progress Report. compared to the same period in 2022. million 60kg bags – largely attributed to higher rainfall levels and lower fertiliser application because of higher prices. ICO Composite price reaches highest level since September 2022. million lbs.

2023 140

2023 Airlines Certification Seminar 140

Restaurant365

MARCH 23, 2022

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

Food Waste Inventory Food Order 78

Restaurant Engine

NOVEMBER 24, 2021

Food prices are rising across the board, and this affects restaurants just like yours. As a food service entrepreneur, you want to control your costs as much as possible, so you don’t have to drastically increase menu prices and pass them on to your customers. Manage your food costs and watch your restaurant grow and thrive.

Food 118

Food Management Management Website Management 118

Modern Restaurant Management

OCTOBER 20, 2021

So how do operators plan for 2022? Why Takeout Still Reigns (And How Operators Should Price). “But now it’s a normal course of business and should have its own strategy that drives everything from menu to staffing to pricing.” Commodities are in demand, but supply is short.

2021 215

2021 Dine-in Customer Service Casual 215

Modern Restaurant Management

DECEMBER 21, 2021

While supply chain issues will likely decrease over the course of 2022, wage inflation represents a new status quo on the bottom line. Waste reduction will drive significant cost savings for most brands, while having the additional benefit of addressing sustainability targets.

Point of Sale 196

Point of Sale Supplies Back of House Customer Experience 196

Modern Restaurant Management

MAY 17, 2023

According to the National Restaurant Industry’s 2022 State of the Restaurant Industry , 85 percent of Gen Zers use third-party platforms like DoorDash, Grubhub, or UberEats. Dynamic pricing on these platforms might be necessary to combat some of the lost revenue due to fees.

Loyalty Program 189

Loyalty Program Mobile Ordering Social Media Customer Experience 189

Modern Restaurant Management

APRIL 21, 2022

The National Restaurant Association, summarizing its 2022 State of the Industry Report , notes that 30 percent of surveyed consumers would “likely choose a restaurant offering food grown in an environmentally-friendly way or raised organically over one that doesn’t.” In January 2022 alone, the cost of vegetable oil rose 4.2

Sustainability 117

Sustainability Food Truck Equipment Consumer Goods 117

The Restaurant Times

JUNE 6, 2023

By optimizing inventory management, restaurant software empowers businesses to minimize waste, prevent overstocking, and maintain adequate supplies. million in 2022. With this information readily available, you can make informed decisions regarding pricing and menu engineering to maximize profitability. CAGR from 2023 to 2030.

Inventory 52

Inventory Management Management Loyalty Program 52

Modern Restaurant Management

OCTOBER 18, 2022

The EV market experienced explosive growth in 2021, which is projected to continue into 2022. Historically high gas prices are pushing consumers towards EV options. Are you minimizing waste (and associated costs)? In January, Tesla reported $5.5 The spike in EV sales is due to a few key factors.

Audits 189

Audits 2040 Food Safety Consumer Goods 189

Open for Business

JANUARY 6, 2023

Add the stress of rising prices and food shipping snags, and the need to simplify menus became even more pronounced. “We Pricing became a flashpoint as well. Pricing became a flashpoint as well. Menu prices rose by 8.5% between November 2021 and November 2022, according to the National Restaurant Association. “We

2023 109

2023 Compost Recycling Waste 109

Modern Restaurant Management

DECEMBER 21, 2022

Reduce portion sizes slightly to maintain menu prices but account for increased costs. Don’t be afraid to increase price. Don’t be afraid to increase price. The key question is whether or not dining-out traffic will hold up long enough for restaurants to recover the profits they lost in 2022. and the U.K.,

2023 197

2023 Loyalty Program Mobile Ordering Customer Experience 197

MadMobile

AUGUST 5, 2022

In early 2022, gas prices skyrocketed. In mid-2022, inflation rose by 8% from the previous year. With food inflation and insecurity being at an all-time high, restaurants have a financial incentive and a duty to reduce food costs and waste. Labeling stored items are key to limiting waste. You need to be proactive.

Food 52

Food Mobile Ordering Inventory Food Supply 52

EATER

OCTOBER 28, 2022

short Vancouver’s old(er) guard of fine dining restaurants were left by the roadside last night at a Michelin Guide ceremony where only eight one-star awards and 23 Bib Gourmands (the guide’s ‘great food at a great price’ category) were handed out. Here’s the full list: Vancouver’s 2022 Michelin Stars.

Fine Dining 99

Fine Dining Casual Back of House Social Media 99

Modern Restaurant Management

NOVEMBER 12, 2021

You’re also hostage to other rising costs and supply chain delays, and want to deliver the experiences your diners expect, now and into 2022. As prices rise, and supply chain delays continue, it’s especially important to stay on top of equipment issues now.

Equipment 197

Equipment Kitchen Safety Food Supply Food Safety 197

QSR Automations

JANUARY 22, 2024

She joined the QSR Automations marketing team in June of 2022 and has been hard at work improving their social media and content ever since. Spirit-Free Cocktails Ascend to Royalty Many of the younger generation are in their “sober era,” as they call it.

2024 52

2024 Social Media Demo Front of House 52

Modern Restaurant Management

MAY 11, 2022

Cooking oil prices are skyrocketing. As the demand for petroleum alternatives like biofuel intensifies, so does demand for the ingredients that make this fuel – most notably, the price of used cooking oil. If you are a restaurant owner or manager, you may have noticed the price of frying oil skyrocketing over the last year.

Employee Relations 172

Employee Relations Pricing Food Order 2022 172

Black Box Intelligence

AUGUST 20, 2022

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.

Fast Casual 89

Fast Casual Fine Dining Point of Sale Casual 89

Aaron Allen & Associates

JULY 14, 2022

Already in 2019, restaurants were not able to pass inflationary costs on to consumers (back then, the average restaurant price increase was 3.1% As of May 2022, the YOY growth in restaurant prices reached a record 7.4%, but labor costs grew by 10.1% It is an impossibility to simply price your way out of inflationary pressures.

Innovation 59

Innovation 2022 Pricing Food Supply 59

Modern Restaurant Management

DECEMBER 19, 2022

So, whether you’re looking to open a new restaurant and bar or are responsible for ensuring your existing bar offerings stay up to date and relevant for your guests, let’s look at what trend-forward locations were doing in 2022 that can highlight opportunities heading into 2023. New and Unique Flavors. Time to Sparkle.

Bar 189

Bar 2023 Back of House Coaching 189

Future Food

SEPTEMBER 6, 2023

Whether owning or renting, the combination of 12 interest rate increases since May 2022, looming fixed rate mortgage cliff and predictions of one more rate increase before year end – interest rate impacts will continue to dominate cost of living pressures. During the last year of the pandemic, costs grew faster than prices rose.

Hospitality 78

Hospitality Loyalty Program Retail Food 78

Future Food

SEPTEMBER 4, 2023

Whether owning or renting, the combination of 12 interest rate increases since May 2022, looming fixed rate mortgage cliff and predictions of one more rate increase before year end – interest rate impacts will continue to dominate cost of living pressures. During the last year of the pandemic, costs grew faster than prices rose.

Hospitality 78

Hospitality Loyalty Program Fast Casual Food 78

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.

2022 189

2022 Food Supply Mobile Ordering Customer Experience 189

Marketing4Restaurants

MAY 23, 2022

Rebranding and rethinking culture, values, vision, and mission I think we’re gonna be seeing a lot more of these mission-focused restaurants in 2022 and the trend is also a great sign for other restaurant owners to consider rebranding and rethinking their culture, values, vision, and mission.

Hiring 52

Hiring Front of House Back of House Food Supply 52

Aaron Allen & Associates

JULY 29, 2022

Already in 2019, restaurants were not able to pass inflationary costs on to consumers (back then, the average restaurant price increase was 3.1% And in 2021 restaurant price increases were 4.5% Bear Robotics closed an $81M Series B funding round in March 2022, led by IMM Investment Corp. while labor cost was growing at 3.8%

Front of House 64

Front of House Back of House 2022 Kitchen Safety 64