Modern Restaurant Management

DECEMBER 29, 2023

Shortage of Capital for Restaurant Technology As we marched into 2023, interest rates and uncertain economic conditions continued to impact the withdrawal capital from restaurant technology investments. Investments in venture capital had a massive retreat in 2023, hitting the technology sector very hard.

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Apicbase

DECEMBER 8, 2022

What will customers expect from food and hospitality brands? Predicting trends in the food-service industry is never easy because things change constantly. We can, however, tell you that restaurants will have to be more flexible in 2023 than ever to meet customer demand while running ultra-efficient operations.

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Open for Business

JANUARY 6, 2023

The biggest issue on almost every restaurateur’s mind heading into 2023 is the same as last year: staffing. A restaurant is defined by good quality flavorful food, great service, and good ambiance. Add the stress of rising prices and food shipping snags, and the need to simplify menus became even more pronounced. “We

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Modern Restaurant Management

JANUARY 13, 2023

Available now through the Slice Factory mobile app, the $5 deal includes the original Chicago jumbo pizza slice with a free soft drink included in-store, delivery or with the convenient slice thru. This promotion is just one way Slice Factory exemplifies food and family being at the heart of the brand. Nashville Kick.

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Culinary Cues

JUNE 14, 2022

Let’s begin with some facts about the business of serving food: There are more than 1 million restaurant locations in the United States. Supply chain challenges are not going away as production and logistics catch-up. The independent restaurant of 2023 and beyond must be a place that does what large corporations can’t or won’t do.

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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. A Restaurant Pulse Check by Vericast found that nearly half of consumers plan to spend less on dining out in 2023. billion consumers with restaurants every year.

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Black Box Intelligence

OCTOBER 27, 2022

Restaurant sales, Restaurant traffic, PPA (per person average), Sales per labor hour, Daypart, Beverage versus food sales, and On and off-premise sales. Based on the industry performance of 2022, we’re sharing the current state of restaurant finances as well as the top trends to get ahead of in 2023. Looking Ahead. Our Takeaway.

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Modern Restaurant Management

FEBRUARY 1, 2022

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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Modern Restaurant Management

JANUARY 13, 2023

Since the pandemic, restaurants have endured a plethora of issues ranging from fluctuating dining restrictions to supply chain issues to rising food prices. But arguably no issue has proven to be as constant and bedeviling as the labor shortage.

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Perfect Daily Grind

MARCH 24, 2023

Mon, 20 Mar PRF El Salvador announces winners of 2023 Salvadoran Barista Championship, Salvadoran Brewers Cup, Toddy Cold Brew Coffee Championship, and Global Roasting Contest. The winners of the 2023 Toddy Cold Brew Coffee Championship were Juan Aristizabal from Colombia and Julia Dziadevych from Hungary.

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Modern Restaurant Management

JANUARY 5, 2022

Indoor dining closures, staff shortages and the supply chain are ongoing issues, especially as the Delta and Omicron variants continue to spread. Restaurants that incorporated digital solutions such as contactless ordering and delivery have been able to continue safely serving customers despite closures and shortages.

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Black Box Intelligence

OCTOBER 27, 2022

Restaurant Finance Categories to Monitor Restaurant sales, Restaurant traffic, PPA (per person average), Sales per labor hour, Daypart, Beverage versus food sales, and On and off-premise sales So which categories are the most important? Guests are grappling with what they get in terms of food and experience compared to what they pay.

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Modern Restaurant Management

JANUARY 8, 2024

Vanilla isn’t for everyone In 2023, marketing took a cue from the ice cream parlor, embracing segmentation with the same precision as a sundae artisan. – Matt Elders, EVP, Revenue, Cordial 2023 served up a year of resilience and innovation for restaurants, as they adapted to shifting landscapes and embraced new dining paradigms.

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Modern Restaurant Management

DECEMBER 20, 2023

In 2023, the restaurant industry faced several challenges and made some missteps along the way. As with most other industries, the biggest talking point for restaurants in 2023 has been artificial intelligence. Co-founder, Carbonate Looking back at 2023, I witnessed a significant shift in how restaurants approach loyalty programs.

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Restaurant365

NOVEMBER 23, 2021

Sourcing beef and pork from smaller local producers will alleviate some supply chain headaches. Production took a nosedive during the pandemic, meat processing slowed or stopped completely as packing houses shut down, and now a shortage of truck drivers is delaying deliveries—all tangling the meat supply chain in knots. .

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Marketing4Restaurants

JANUARY 19, 2023

In this episode, we discuss some of the key restaurant trends that we believe will shape 2023 and may even help you boost restaurant profitability. From significant economic changes to smaller changes like food choices that may heal the soul to questions on whether deliveries will still be the same in this relatively post-Covid world?

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Aaron Allen & Associates

AUGUST 15, 2023

In the Middle East, GDP growth forecasts for 2023 are better than pre-pandemic values for Bahrain, Jordan, Kuwait, Oman, Qatar, the KSA, and the UAE. Some of these are: As part of Vision 2030 in Saudi Arabia, $500 billion are being invested in NEOM across 14 sectors including food, tourism, and entertainment & culture.

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The Restaurant Times

JUNE 6, 2023

Restaurant management software revolutionizes food establishments’ operations by providing efficient tools to manage inventory and control costs. By optimizing inventory management, restaurant software empowers businesses to minimize waste, prevent overstocking, and maintain adequate supplies. CAGR from 2023 to 2030.

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The Restaurant Times

OCTOBER 24, 2021

Thus, COVID-19 has accelerated the adoption of cloud kitchens in the food and beverage (F&B) industry. . Commercial kitchens designed solely for delivery are known as ghost kitchens, dark kitchens, or cloud kitchens. billion by 2023. . Rebel Foods became a unicorn as it raised $175 million in its latest round at a $1.4-billion

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The Food Corridor

MARCH 27, 2023

And more and more often, whether we realize it or not, it’s also where we’re ordering our food. Introducing cloud kitchens , commercial facilities purpose-built to produce food specifically for delivery. Food delivery is nothing new, of course. Food delivery is nothing new, of course.

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Apicbase

NOVEMBER 28, 2022

Food traceability is compulsory for many food companies in the US, Europe, and the UK. These businesses are accountable for any safety issues in their supply chain and must have information on traceability for the goods they grow, distribute, and sell. But that’s not the only reason why food traceability has gone mainstream.

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Sling

JUNE 14, 2023

In contrast, others may struggle to break even due to high overhead costs, such as rent, food, and labor. Fast-food restaurants tend to have higher profit margins because they serve lower-cost items, while more upscale restaurants typically have lower margins since their overhead expenses are often higher.

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The Restaurant Times

MAY 14, 2021

The KaaS market in the UAE was worth USD 70 million when 2020 ended and is anticipated to reach USD 225 million by 2023 , owing to the increasing interest of restaurateurs to use common kitchens for different brands and set up cloud kitchens. . The cloud kitchen should serve food that meets the tastes and preferences of a particular locality.

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The Restaurant Times

MAY 25, 2020

Across the world, the trend of online food delivery is picking up like never before. With a shift towards the online delivery model, the market share of cloud kitchens, also known as dark kitchens, ghost kitchens, virtual restaurant, and delivery-only restaurant, has been steadily growing. Singapore is no exception.

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Future Food

JULY 13, 2021

The elevation of F&B in the Hotel industry Capturing market share through the delivery of “High Street” quality F&B. Future Food are leaders in Food & Hospitality Consulting to the hotel industry, partnering with developers and hotel operators around the world to maximise the benefit food and beverage can bring to their property.

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Apicbase

MARCH 17, 2023

High inflation, labour shortages, supply chain problems and changing consumer demands are black clouds on a sunny day. They make it hard for food businesses to remain competitive and turn a healthy profit. Recommended read: 85+ Restaurant Industry Statistics That Every F&B Operator & Manager Needs to Know in 2023 Here we go!

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Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. – Chris Adams, VP of Strategy, Oracle Food and Beverage. "As Development will be deliberate and strategic as supply chain will remain a challenge in the new year."

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Aaron Allen & Associates

AUGUST 24, 2023

Even with a new CEO in 2019 and new menu, delivery, and some digital investments, the medicine has not been strong enough to improve the patient’s health. In the end, Roark acquired the chain in August 2023. They will look for synergies in purchasing and supply chain and will wield that power to improve margins.

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Perfect Daily Grind

JUNE 10, 2022

Howard Schultz to remain as interim Starbucks CEO until March 2023. The competitions took place at the three-day 2022 Seoul Food expo, and were livestreamed via the SCA Korea chapter’s YouTube channel. Applicants need to have worked in the specialty coffee industry for the previous six months at any level of the supply chain.

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Modern Restaurant Management

DECEMBER 27, 2022

As we close out 2022, food production is at risk. We’re still facing product shortages, exacerbated by ongoing supply chain interruptions and the Russian-Ukrainian war stalling food shipments – including 9.5 Inflation is causing food prices – and food insecurity – to soar. . Focus on Sustainable Food Production.

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Modern Restaurant Management

DECEMBER 16, 2019

In their Q3 2019 Food Sector Retail Index, Placer.ai, the world’s most advanced foot traffic analytics platform, looks at ten of the biggest QSR brands to see who came out on top this quarter. consumers by Vixxo found that two in three Americans still prefer dining in restaurants (62 percent) over takeout or delivery (34 percent).

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Apicbase

JANUARY 13, 2023

The F&B industry grew in 2022… and it will keep growing in 2023. This 85+ item list of food service statistics results from meticulous combing through dozens of industry reports. 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. Let’s dig in.

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Apicbase

FEBRUARY 29, 2024

2023 has been a challenging year for restaurant operators, caught as they were between rising food costs and labour shortages. In a 2023 survey, 29% of operators said they are very likely to open new locations in 2024. Most operators raised their menu prices in 2023, but fewer expect to do so in 2024. billion by 2030.

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Modern Restaurant Management

MARCH 8, 2024

Q4 Restaurant Trends Toast released its Q4 2023 Restaurant Trends report that examined catering activity around the holidays, large events, cold-weather food and alcohol preferences, and weekly tipping trends. Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022.

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Perfect Daily Grind

OCTOBER 21, 2022

World of Coffee to return to Dubai in January 2023. The Specialty Coffee Association’s (SCA) flagship event will return to the Middle East for a second time, and is set to take place from 11 to 13 January 2023. WOC Dubai will also host the 2023 UAE National Coffee Championships.

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Perfect Daily Grind

NOVEMBER 25, 2022

PRF El Salvador will take place on 16 and 17 March 2023 in San Salvador. Coffee and food-to-go chain LEON plans to double the number of its UK self-serve kiosks. The company aims to open 200 kiosks by the end of January 2023, most of which are currently operating in EG Group petrol station forecourts and Asda supermarket stores.

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7 Shifts

JUNE 1, 2022

BITAC Food and Beverage. Website: BITAC Food and Beverage. Spanning three days in one of the world's most renowned food destinations, this conference has something for everyone, with courses for independent owners and multi-unit operators. Food Marketing Conference. Website: Food Marketing Conference. When: March.

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