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Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. Ghost kitchen and virtual brands are prime strategies for this growth strategy, both of which require a thoughtful approach to menu design, production and fulfillment.
With the post-pandemic return-to-office, business catering is in full swing. But business catering is a different beast requiring different menus, operations, and technology. What are the primary differences in business catering vs. party catering? Business catering is complex and high stakes.
While the restaurant industry has been focused on value meals so far this summer, Pumpkin Spice Latte (PSL) season has snuck up on us with independent restaurants leading the orange-colored way. billion by 2031, operators are hoping an early PSL season will drive additional revenue after a consumer pullback in spending. "Call
In this edition of MRM Research Roundup, we feature news about an influx of catering orders, the topic of tipping, the rise of kiosks and affordable Michelin restaurants. Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022. Total tips averaged 18.9
Nearly two-thirds (65 percent) say they plan to increase their number of locations in 2025, and 74 percent plan to expand their menu offerings, leaning into new experiences and experimentation to power their growth. The fully cooked product heats quickly, enabling c-store operators to easily add bacon to a host of their menu options.
In this column, Modern Restaurant Management (MRM) magazine looks at newly introduced menu items from top brands. Visit your local Dickey’s and let our experienced pitmaster help you pick out your fan-favorite BBQ menu items for your Big Yellow Box. Three family-sized sides. 12 slices of buttery Texas Toast. Nashville Kick.
In a State of the Restaurant industry report, the Natiional Restaurant Association sees a return to normal with predicted sales growth in 2023. million by the end of 2023. Competition is heating up : In 2023, 47 percent of operators expect competition to be more intense than last year. "The
Ninety-five percent of those surveyed reported using some form of AI in their restaurant, with the most common being AI-assisted inventory management (35 percent), AI menu optimization (35 percent) and AI reservations/bookings (32 percent). AI usage has also skyrocketed, primarily in the back-of-house. Nearly 29 percent of U.S. population.
During peak seasons, considering outsourcing certain services becomes a practical solution to ensure seamless operations. As the trend of digital nomadism continues to rise in the future, catering to this growing demographic becomes increasingly important. Not Quite Cyndi Lauper, but Brands Just Wanna Have Fun!
In this edition of MRM Research Roundup, we feature pizza predictions, Valentine's Day menu trends and lots about loyalty. Valentine's Menu Trends Restaurant guests heavily favor tasting menus this Valentine’s season, according to Lightspeed. percent dip in overall gratuities.
Eating and Drinking Place Summer Employment Forecast According to the National Restaurant Association’s annual Eating and Drinking Place Summer Employment Forecast, restaurant operators will add 525,000 jobs for the summer season. This is the first time on record that demand has reached this level two summers in a row.
In fact, restaurants and bars saw a summer spending surge from May to July 2023— sales jumped 11.8% Refresh Your Menu Summer is all about light, fresh, and flavorful foods. Refresh Your Menu Summer is all about light, fresh, and flavorful foods. Catering Options: Advertise your catering services for larger events.
Sporting the home team colors, Alex Martin, a human resources professional and a KC Current season ticket holder, and her parents, who were visiting from Texas, found their way to Joe’s Kansas City Bar-B-Q stand. Local, seasonal dishes from Room 39, a restaurant run by three-time James Beard semifinalist Ted Habiger.
The first establishment opened by restaurateur Andrew Tarlow, it was instrumental in popularizing deeply seasonal farm-to-table dining in New York City, and it still endures as both a damn good restaurant and a reminder of how far the city’s dining has come. Diner reads like a scene report from the restaurant.
A 2023 study by Toast found that 30 percent of staff in the restaurant industry are at risk of leaving in the next two years, highlighting an equally concerning high turnover rate within this sector. From 2023, consumer spending has been steadily increasing and is set to continue into 2025. Economic Uncertainty (52 percent) 3.
Platt, who is in charge of sustainability initiatives at Andina, did the only thing he could: He and his staff took salmon off Andina’s menu. All of this makes it harder to keep menu prices consistent and run a profitable business. Salmon is just one of the menu problems Platt has had to deal with recently. Citrus is another.
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. Three Knoxville locations are slated to open in Fall 2022 and Winter 2023. Biscuit Belly Signs First Multi-Unit Deals.
Ria Osborne How to throw the ultimate restaurant wedding — plus, how one restaurant couple is doing it right For the couple who loves food, having a wedding in a restaurant makes sense: The food, the drinks, and the ambience are all right there, without having to roll the dice on an unknown caterer.
But Num says the exercise isn’t about gathering enough eggs to fill out a menu. Utilizing seasonal, traditional ingredients — mountain crabs, boba pearl-like mushrooms, sour forest mangoes, mole crickets — his sophisticated-yet-unpretentious dishes are upending stubborn perceptions. “The Chef Num at work. Torching ant eggs.
million worldwide, and in 2023, there were about 749,404 restaurants in the United States alone. Some uses for a poster include promoting a new item on your menu, hosting an event, or offering a "buy one, take one" promotion. This doesn't mean, however, that you have to increase the price of your menu in-store.
According to new research from the National Restaurant Association, 72 percent of people want a restaurant gift card this holiday season. Given that the 2019 holiday season is shorter than last year, brands will need strong gift card promotions throughout December to optimize their overall sales. Go with a Restaurant Gift Card.
The majority choose to dine solo mainly when traveling Whether a solo diner is new to eating alone or a seasoned pro, one thing many have in common is that they’re from out of town. Cater to this group by customizing your floor plan to include bar seating or a chef’s counter. Even a communal table can invite connection.
While happy hour isn't season-specific, summer is a great time to put a little extra effort into guest traffic. From the happy hour menu to deals to special events and marketing, here are some ideas to attract a crowd and ensure everyone leaves happy (and comes back soon). Prioritize simple cocktails for your happy hour menu.
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Current figures from ABS report a low point, from June 2022 to June 2023 there has been a 12.7% Pacific Square in Maroubrah has developed an on-point program called ‘Savour Saturday’, running from July to November 2023 as part of a live cooking show and demonstration.
Current figures from ABS report a low point, from June 2022 to June 2023 there has been a 12.7% Mini Gun Pacific Square in Maroubrah has developed an on-point program called ‘Savour Saturday’, running from July to November 2023 as part of a live cooking show and demonstration.
They include a variety of formats such as fast food restaurants, food trucks, and smoothie bars, each catering to specific consumer needs with a focus on quick preparation and minimal wait times. With nearly a 16% increase in growth going into 2023, interest and demand for food trucks does not seem to be slowing down.
Rise of AI Artificial Intelligence (AI) was the breakout star of 2023; from ChatGPT to AI art controversies, it can seem from the news that AI is a passing fad, but it can streamline your restaurant by translating recipes, keeping a digital stock list, and more. This blog was updated on December 22nd, 2023 for updated information and clarity.
We’re near entering 2023, where we can expect more digitalization than ever. Not to mention the delivery channel grew by X% from 2020 to 2021, and it’s expected to climb higher in 2023 and beyond. A good online ordering system will allow customers to view the complete menu on the website and place an order through the same website.
Wages have risen roughly 13 percent since early 2023, leveling out at $13.62 Running a successful restaurant isn’t measured solely by what’s on the menu anymore. Running a successful restaurant isn’t measured solely by what’s on the menu anymore. as of December 2024, according to Homebase payroll data.
It also zooms in on current challenges faced by owners/operators, menu prices and inflation, and tech/AI implementation. COGS Are Key as Hiring Pressures Decline In 2024, 16 percent of operators say analyzing and managing the cost of goods and services and supplier and vendor management are top pain pointscompared to 12 percent in 2023.
Vallarta Supermarkets For Mexican restaurants and supermarkets, the holidays mean one thing: Tamal season is here It wasnt until I moved to New York City for college that I realized how much I took the tamales of my childhood holidays for granted. I tell her, Okay, Mara, its Goldbelly season.
Additionally, menu prices at casual dining establishments rose by an average of 9 percent year over year from 2021. Making this problem more cogent is the fact that inflation isn’t forecast to ease until late next year, where it is predicted to fall to 3-to-4 percent by the end of 2023, according to economic projections by Kiplinger.
Among the highlights: Online Ordering sales of pizza (+9 percent), burgers (+10 percent), and fried chicken (+5 percent) were up from last year, but the largest trend in online ordering was sandwiches and wraps as guests give up on slapping bread together at home and restaurants pivot to menu items that travel well.
As more meatless options become popular throughout the hospitality scene, Tripleseat released three popular menu options trending this holiday season as restaurants prepare for dinner parties. "We can anticipate more meatless menu trends in 2020 as chefs experiment with additional foods to replace animal products."
National Restaurant Association Survey on Top Menu Trends. “Aside from a great menu, restaurants must add something extra in their marketing recipe to stand out from the crowd and appeal to consumers,” said Michelle Skupin, senior director of retail insights at RetailMeNot. percent decline in cards sold, but only a.62
Diners in 2023 are both old-fashioned and upscale, omnivore and vegan-friendly, 24-hour and breakfast-only. They cater to LGBTQ+ communities and also to the blue-collar worker in need of a chili dog , the Route 66 road-tripper, and the underaged kid scooping up forkfuls of banana cream pie purchased with their last $5 after a concert.
Catering is still a promising source of revenue for restaurants, hotels and venues to continue to capitalize on. One in three respondents shared that they still plan to host their event at home, with 51 percent of those respondents stating they will be catering their at-home event. Spending habits are positiv e.
Lucia offers seasonal appetizer and entree menu options. Although this restaurant’s menu isn’t as large as our previous entries, there are plenty of a la carte dishes to sample. My go-to menu choices are their Toddfather sandwich, Texas Trinity platter, Hatch Chili & Cheese Sausages, and Pork Ribs.
The brand has been able to create an entirely new category of menu items, transforming the familiar comfort food of chicken and waffles into its photo-worthy and on-the-go staple. Its concise, yet scalable menu, does not necessitate the need for large retail space, allowing for creative opportunities to grow and innovate into the future.
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