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Around 33 to 40 percent of food goes to waste each year. A large chunk of that comes down to complex problems in global foodsupply chain management that most restaurants have little control over. What restaurants can do, however, is re-think how their direct foodsupply is managed – from transport to inventory control.
egg industry is grappling with a crisis that has sent shockwaves through the foodsupply chain. poultry industry has faced recurring waves of infection, causing drastic fluctuations in egg supply. Supply and Demand Imbalance : With fewer hens laying eggs and production costs soaring, the supply chain struggles to meet demand.
Minimizing Menu Price Increases : Just because diners are still eating out and ordering in, does not mean they are happy about higher menu prices. Restaurant operators should limit significant menu price increases, explore value menus when possible, and avoid implementing any sneaky service charges.
In this column, Modern Restaurant Management (MRM) magazine looks at newly introduced menu items from top brands. Sweetgreen launched Green January, an opportunity for customers to jumpstart a healthy routine in the new year through real, fresh food. SONIC® Drive-In is introducing a new Under $2 Craves menu. Golden Menu.
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. We initiated our bottomless brunch menu on weekends, which actually helped us finish our weeks stronger than before.
Closures, supply chain problems, labor shortages, technology, and inflation are just a few of the challenges operators have faced in recent years. Here are six things I see coming in 2023: Labor pressure is easing, but operators are still looking for labor management. The worst of the labor problem is beginning to ease.
Everything from decreasing food waste to exploring how automation can increase revenue for small business restaurants is related to BOH procedures. So, which back of office trends should restaurant ownership and management be concerned with heading into 2023? Here are some back of office trends to watch for in 2023.
Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. In 2023, we can anticipate businesses really focusing in on value and doing what they can to attract and retain both employees and guests. For part one, click here.
Only 14 percent of respondents described business performance as poor/very poor, which was down from 23 percent in 2023. Revenue growth in 2024 was largely driven by menu price adjustments. Most increases were between 5 percent and 10 percent—on average a less significant increase than in 2023.
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.
Between supply chain issues, staffing challenges and increasing operation costs, restaurants have had to re-examine roles and responsibilities for employees and lean into technology to increase operational efficiency. As restaurants expand and add new locations, many have had to adapt to navigate these uncertain economic conditions.
Restaurant operators searching for something versatile that will cross the dayparts need to look no further than their breakfast menu as waffles have been breaking out of the morning. Profitability: Waffles are a low-cost, center-of-the-plate item and one of the most profitable breakfast item menu offerings. Waffles saw a 15.4
With food and overall costs climbing, owners and managers are finding creative ways to reduce expenses and manage their spending more efficiently. A new report highlights the need to assess this spending, with operators spending 34 percent more on food than last year. Restaurants nationwide are facing growing uncertainty.
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.
Rising food costs are the number one issue of concern for chefs heading into 2023, according to the survey, with 44 percent of respondents ranking it as their top worry. Rising labor costs, the inability to find staff to hire, and rising non-food costs (utilities, containers, furniture, etc.)
In this column, Modern Restaurant Management (MRM) magazine looks at newly introduced menu items from top brands. This promotion is just one way Slice Factory exemplifies food and family being at the heart of the brand. Currently, Jumbo Slices range from $6.49 to $7.49, and soft drinks are $2.75. Nashville Kick.
The most accurate measure of land or CO2 “saved” by ordering a PLNT Burger is only attained if every purchase were originally intended to be for a fast-food beef burger instead. Nor has eating plant-based meat even made a significant impact on beef production, according to a 2023 report. Congratulations. So he took action.
We offered tables in air-controlled domes, sophisticated negative ion air cleaners, waiter-less counter pick-up, even QR Code menus to eliminate touching menus that had been handled by others. Eventually we figured it out (to some degree) but in the process lost an enormous number of restaurants from 2020 2023.
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.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.
expect to be less profitable in 2023. Rising food, labor and energy/utility costs pose significant challenges heading into 2023. business leaders anticipate a recession in 2023, according to JPMorgan Chase’s 2023 annual Business Leaders Outlook survey. The majority of small and midsize U.S.
Experiential dining, plant-based menus and sustainability were hot topics in the Les Dames d’Escoffier International (LDEI) 2023 Trends Report. The discussion included food, beverage, nutrition, lifestyle and unique aspects of boutique and high volume foodservice.
Since the pandemic, restaurants have endured a plethora of issues ranging from fluctuating dining restrictions to supply chain issues to rising food prices. True AI is able to learn the entire online ordering menu, so phone-in customers can customize orders just as they would if they were in store or talking to an employee.
In 2023, the restaurant industry experienced a remarkable transformation, driven by the rapid integration of advanced technologies. Technology Integration – Restaurants leveraged AI, IoT, 5G, and quantum computing to optimize operations, enhance inventory management, streamline supply chains, improve food safety, and more.
Modernized Comfort Food, Low Waste Menus, and Mindful Proteins are among the trends identified inUnilever Food Solutions’ first-ever global foodservice trends report. The Future Menu Trends Report 2023 reveals eight global menu trends predicted to impact the restaurant industry in the years to come.
Learn how the foodservice industry can stay competitive and fresh amid widespread food and labor shortages. 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.
The year 2024 promises a journey of adaptation and fierce competition for the restaurant industry as it manages stronger-than-expected economic data and slowing inflation while dealing with the headwinds of short labor supply, more demanding customers and an uncertain political environment. The key lesson both establishments teach?
The of-the-moment menu updates are part of sweeping rebrands at the two chains under owner Ascent Hospitality Management. The Atlanta-based company is hoping that more modern food and restaurants will help its brands break through with younger consumers. That means you can now get boba at Perkins. By Joe Guszkowski on Jun.
There has been an avalanche of commentary and analysis on how automation and AI have collectively helped restaurants cope with now all-too-familiar challenges: labor, supply, inflation. ” In a restaurant setting, personalization often lies in making informed menu recommendations – something automation excels at.
Supply chain disruptions and labor shortages required operators to rethink everything – leaner menus, smarter kitchens, and more efficient operations became the new standard. In addition, the state carved out a special 45 percent increase to $20 per hour for fast-food employees. per hour difference.
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.
When supply infrastructure falters due to climate change, chefs and restaurant owners need to get creative This story was produced in collaboration with Civil Eats. 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. Here in the U.S.,
Since the war between Ukraine and Russia started, there has been intensified supply chain problems with food and other items. 1 Since this supply chain has been disrupted, the US, UK, Indonesia, Germany, Netherlands, and India have faced significant difficulties locating sunflower and vegetable oils. Grain Shortage.
Led by business and life partners Silver and Cherry Iocovozzi, the Filipinx restaurant has garnered many accolades: It was a 2023 James Beard finalist for Best New Restaurant, one of Bon Appetit s 2023 Best New Restaurants, and in 2024, was named a USA Today Restaurant of the Year.
With more than 25-years of experience, Secor previously served as senior vice president of operations and training at GoTo Foods. He joined the restaurant in 2023 after working in Washington, D.C. By Restaurant Business Staff on Jun. At Taco John’s, she will oversee restaurant operations, technology and training.
Additionally, restaurants should make sure they have enough food and drink to meet the demand on this busy day. Super Bowl 2023 Promotion Ideas for Bars and Restaurants 1. So stock up on all-purpose cleaners and check your soap dispensers and other supplies to get back to your regular schedule. Offer discounts and specials.
The food was great,” we say, “but.” That the price of food feels high is an issue acknowledged at even the top level of politics. When I am pricing our food, I generally take the highest-cost ingredients, and multiply that by a factor of three and a half to four and a half, and that usually captures my labor costs.
Just because food is grown locally doesn’t mean it’s climate-friendly. are preparing for the dwindling of food in the coming winter. are preparing for the dwindling of food in the coming winter. In doing so, they’re also recognizing that chefs can play a larger role in building food systems able to survive long into the future.
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.
With grocery prices up nearly 13 percent compared to last year, many low-income Americans receiving food assistance are going hungry This story was originally published on Civil Eats. Even with her Supplemental Nutrition Assistance Program (SNAP) allotment, she couldn’t afford all this food. Spencer Platt/Getty Images.
Real-time inventory systems help restaurants cut food waste , save money, and improve operations. Integrate with POS Systems : Sync with sales data to refine menu choices and track high-waste items. Tracking Stock Levels in Real Time With real-time inventory tracking, restaurants can keep a close eye on their ingredients and supplies.
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. And because our food travels so well, guests never have to choose between quality and convenience."
In its 2023 State of the Industry report, the National Restaurant Association found that exactly half of all operators expect to be less profitable as compared with the previous year. Improved visibility and reporting in real time let restaurant operators quickly analyze data and isolate any issues with numbers, locations or menu items.
Martha Cheng Hy’s Steakhouse was synonymous with Calgary dining in the 1950s, but as Canadian tastes have changed over the decades, a Waikīkī offshoot has become a time capsule of the iconic original It wasn’t long after opening in downtown Calgary in 1955 that Hy’s Steakhouse became synonymous with Alberta food culture.
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