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On the Road to Relief: Restaurant Trends and Opportunities to Watch

Modern Restaurant Management

Restaurant operators have faced stiff headwinds since 2020, with a near-constant swirl of inflation, supply chain and labor challenges. According to September 2023 numbers from the National Restaurant Association , 49 percent of restaurants reported year-over-year increases in same-store sales. Coffee in 2023.

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2022 Reflections: The Year That Was for Restaurants

Modern Restaurant Management

The restaurant industry once again proved its resilience in 2022 as it dealt with ongoing obstacles like inflation, supply chain, labor shortages and more. Inflation has hidden the dramatic decreases in guest traffic and we anticipate this becoming a bigger issue with investors in 2023." Here are some of their insights.

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Our Wage Models are Broken

7 Shifts

The practice has proven to increase instances of sexual harassment , reliance on food stamps , and continues to uphold the financial instability of so many employees in our industry. This is often based on a points model, calculated using the job category and hours worked. This isn’t an easy conversation to have.

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Coffee News Recap, 4 Nov: PRF to return to Colombia in 2023, more than a third of UK hospitality businesses at risk of closure due to rising costs & other stories

Perfect Daily Grind

The survey found that that 35% of respondents were expecting to be operating at a loss or face closure by the end of the year, with 96% of businesses also experiencing higher energy costs and 93% facing food price inflation. PRF to return to Colombia on 6 and 7 July 2023. Go Get Em Tiger launches new weekly beverage subscription.

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Your Guide to the 2024 National Restaurant Association Show

SpotOn

If you work in the food service industry, the National Restaurant Association Show is the place to be. According to the NRA, there will be over 35,000 decision-makers from all parts of the food service industry. Navy (2023 Attendees) 15% - Dealers and Distributors Boelter, Clark Association Inc., We'll help you do that.

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7 Restaurant Trends To Watch In 2023

Apicbase

But despite the aftermath, the sector has gradually recovered by 2022 – to a point where a new sense of normality has set in. What will customers expect from food and hospitality brands? Predicting trends in the food-service industry is never easy because things change constantly. Value for money is key.

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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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