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On October 1st in Chicago, Meta’s Restaurant Summit brought together more than 100 marketers from some of the most recognizable franchises in the industry for a buffet of diverse programming, discussion, and exploration into the world of restaurants. The proof is, well, in the pudding. Talk about a cherry on top! Meta Study, June 2024.
To combat revenue challenges, 36 percent of leaders said their top investments would be in enhanced sales and marketing technology, promotions, and loyalty programs, alongside 27 percent who are planning staff investments, including enhanced training, salaries, recruitment, and benefits. Franchise 2.0:
MRM's Franchise Feed features news on the restaurant franchise and MUFSO landscape. Along with the technology focus, the brand developed a new logo and restaurant design that will help communicate the brand’s mission and values in a more vibrant and energetic yet approachable way. Wing Zone Refresh.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Clean Juice®, honored its franchise partners during its annual Juicey Awards event. Clean Juice Celebrates Franchisees. million guests. & State Rd. flip'd by IHOP.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. ” Taffer's Tavern Inks Multi-Unit Deal. metro area.
In other encouraging news, franchise operators believe that, although most restaurants are not fully staffed, the labor situation has stabilized. What issues/challenges do you see ahead for restaurants as we head in 2023 and what advice can you offer to help? On the franchise side, what do you foresee in 2023?
With winter behind us and summer approaching, it is time to begin planning for the 2023 benefits plan year. Second, employers will need to spend more on technology to meet employee needs. In recent years, medical technology has been driving trend, but in today’s economic environment, medical providers are raising prices.
The average cost of a data breach in 2023 was almost $4.5 When looking at the franchise threat landscape today, the gaps between the digital haves and have nots are a primary challenge. Restaurant technologies are prime targets for cybercriminals. Attacks are growing more sophisticated and more expensive.
We've reached a point where we're recognizing the value and limits of these technologies. ” – Dean Drako, CEO of Eagle Eye Networks 2023 served up a year of resilience and innovation for restaurants, as they adapted to shifting landscapes and embraced new dining paradigms.
When we spoke to younger customers, we found that Perkins is just not as relevant,” said Ascent CEO James O’Reilly, who joined the company in 2023. And there will be more technology, including self-service ordering kiosks. O’Reilly added that he wants Ascent to become the technology leader in family dining.
This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes. The future of restaurant businesses will likely involve a hybrid approach, combining the efficiency of technology with the warmth and personal touch of human service.
All are company owned and there are no plans to franchise. The way Greenlane prices its menu has evolved since the first unit opened in 2023. Salad is rising as the next drive-thru concept Technology Tech supplier SpotOn launches a mobile app to compete with aggregators Food C-stores are stealing fast-food tactics.
To start 2023 on the right foot, here are four tactics restaurant owners can implement now to improve employee engagement at all levels, and subsequently increase long-term retention rates. #1: Some companies harness technology to give employees the knowledge they need from anywhere at any time. #3:
While it’s promising, it’s not the magic bullet to increase your revenue in 2023. said they planned to utilize some form of AI automation technology. But other technologies exist, and they can fill in the gaps where AI has limitations or isn’t well suited. The numbers are growing among restaurants, too.
” This was both a technology and operational fail due to lack of proper testing/QA and employee training. Own Your Changes In March 2023, restaurants’ food prices were 8.8 Technology Adoption The self-serve generation likes ordering with touchless QR codes, while other diners prefer a physical menu in their hands.
The 2023 WAC finals will take place immediately after this year’s Australian AeroPress Championship, which will be hosted by Fieldwork Coffee. points at 2023 Best of Ka‘ū competition. ZHAW Coffee Excellence Centre opens applications for 2023 Certificate of Advanced Studies. Tim Hortons to launch in South Korea in 2023.
Advertised as a place for “uninterrupted private meetings between decision-makers and solution providers,” BITAC allows for several in-depth conversations between attendees and suppliers of equipment , furnishings, and technology needed to scale and sustain a restaurant business. Topics: Restaurant Equipment and Technology.
Restaurants of today are infused with technology in many new ways, and it’s making a difference. More than just a reservation service, Resy (and its restaurant-facing Resy OS) is an end-to-end restaurant technology solution that majors on guest experience and customer touchpoints. Just be sure to check the results for accuracy!
With more than 79% of the US population now using Facebook, Instagram or Twitter 1 and users projected to increase to 257 million by 2023, restaurants can no longer afford not to invest in their social media presence. Using Instagram, Facebook or Twitter to grow your restaurant business. By Bora Kang.
Mayorga Coffee will sponsor 500 Salvadoran farmers to attend the event, which will be held in San Salvador on 16 and 17 March 2023. Annual New Orleans Coffee Festival to be held on 15 and 16 September 2023. Luckin Coffee plans for rapid franchise expansion in China. billion by 2027, growing by 7.6% year-on-year.
Restaurants of today are infused with technology in many new ways, and it’s making a difference. More than just a reservation service, Resy (and its restaurant-facing Resy OS) is an end-to-end restaurant technology solution that majors on guest experience and customer touchpoints. Just be sure to check the results for accuracy!
Mon, 30 Jan Registration opens for Specialty Coffee Association’s 2023 Re:co Symposium. A total of 63 competitors from six different US Coffee Championships will proceed to the 2023 National US Coffee Championships, which will be held from 21 to 23 April. Indian coffee chain Barista aims to open 50 stores in Sri Lanka in 2023.
Mon, 22 May SCA announces speaker schedule for 2023 Education Summit to take place in Busan, South Korea. The 2023 Education Summit will take place on 31 May & 1 June. The 2023 Education Summit will take place on 31 May & 1 June. USDA anticipates 2% rise in India’s coffee exports in 2023/24 season.
PRF El Salvador will take place on 16 and 17 March 2023 at the Salamanca Exhibition Centre in San Salvador. year-on-year, new free trade agreements will create more opportunities for the country’s coffee sector in 2023. Birmingham Coffee Festival to be held on 8 and 9 July 2023. Brazilian chain The Coffee secures US $7.5
Mon, 16 Jan World of Coffee Dubai 2023 attracts more than 12,000 visitors from 48 countries. WoC Dubai also hosted the 2023 UAE Barista Championship, with Mariam Erin Pinza of Cosmic Garden Coffee Roastery announced as the winner. Pinza will represent the UAE at the 2023 World Barista Championship in Athens from 22 to 24 June.
The Uganda Coffee Development Authority says the country shipped 487,797 60kg bags of coffee in March 2023. SCA announces winners of 2023 Best New Product Awards and Coffee Design Awards. Tue, 25 Apr SCA announces 2023 US Coffee Championship winners. Good Food Awards 2023 announces 16 Coffee Winners recipients.
The company says it will incorporate NFT technology into its current loyalty programme to create new experiences for customers. The pop-up coffee shop will become permanent in 2023. Project Café US 2023 says US’ branded coffee shop market has recovered to 96% of its pre-pandemic value. Fri, 16 Sep.
Restaurant owners are experimenting with new business models, new technologies, and new ways to create a company culture built to last. For Adamson, Neon Tiger is just the beginning of a larger plan that involves franchising the concept. The restaurant industry is constantly changing.
Restaurant owners are experimenting with new business models, new technologies, and new ways to create a company culture built to last. For Adamson, Neon Tiger is just the beginning of a larger plan that involves franchising the concept. The restaurant industry is constantly changing.
The auction will be held on 19 January 2023. The new plant is being constructed in the state of Espírito Santo and is set to begin production by 2023. The next Specialty & Fine Food Asia event will take place from 26 to 28 September 2023. The CRM tool won in the Technology category. Tue, 28 Jun. million 60kg bags.
Welsh Starbucks franchise receives £10 million (US $12.3 The company plans to open 200 franchised Starbucks coffee shops in Wales over the next five years. Spinn’s machine uses centrifugal brewing technology to prepare cold brew in under a minute. Fri, 10 Jun – Submissions open for 2023 Good Food Awards.
The frozen dessert is made with real coffee and includes Nestlé’s patented “soft coating” technology, which the company says helps to balance coffee flavour, creaminess, and sweetness. The extension will be made permanent by spring 2023. Caribou Coffee launched its US franchise programme in October 2021.
The coffee and food-to-go chain partnered with One PM Franchising to open the first Kuwaiti store. Cup of Excellence Brazil approves samples for international stage of 2023 competition. Next year’s CoE Brazil auction is scheduled for 12 January 2023. Pret A Manger opens first location in Kuwait.
Restaurant leaders today find themselves in a rush to optimize every individual part of their operations while overcoming cost pressures, supply chain challenges, and technology proliferation. Sadly, the tower of technology tools is stacked so high that managing the entire system has become burdensome (and exhausting ).
The F&B industry grew in 2022… and it will keep growing in 2023. This trend is expected to continue in 2023. Having an easily scannable menu online will be table stakes for most operations in 2023. Agile businesses that invest in their own online ordering platforms stand to reap benefits from this shift in 2023.
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. million in 2021, to $974.9
Partnership to Integrate Advanced Kitchen Technology Across Fast-Growing Restaurant Chain LOUISVILLE, Ky, August 21, 2024 — Today, QSR Automations , a global leader in kitchen automation and guest management services, announced its strategic partnership with Dave’s Hot Chicken. We didn’t just pioneer restaurant technology.
Delaget provides technology solutions and services that help QSRs operate more efficiently, serving the needs of franchise owners and brands and helping deliver a better experience to customers. All of this has rolled up to the franchise owners and operators, who have to implement these ways of doing business.
While the tactics and media plans may be evolving to fit changing consumer behavior and technological advances, the overarching objective remains the same—get customers to the physical stores. Drive-to-Store (DTS) advertising is any form of advertising with the direct intention of increasing foot traffic to physical locations.
We’ve reimagined our drive-thru model, introduced new kitchen technology to improve throughput, and strengthened our loyalty program to keep customers engaged. Consumer behavior shifted rapidly towards online ordering and contactless payments, making these technologies essential for survival. Innovate or die was the new mantra.
And automated order taking, well, it is going to be one of the top trends in the restaurant industry in 2023. . Even technology comes with a price tag, continuous innovations and wide adoption make them more accessible and cost-effective. . Or you could set up self-checkout kiosks and fast-food joints. .
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. The Red Sea hospitality and tourism project includes 16 hotels offering three thousand rooms — 12 of these hotels are opening in 2023. Restaurant Due Diligence Mitigate Risk.
How technology can help you meet traceability requirements. This kitchen prepares large batches of food and distributes it to franchise restaurants, business-owned locations, or retail customers. For instance, a large bakery franchise typically uses its CPU to prepare and distribute the dough for all its baked goods. Conclusion.
In the end, Roark acquired the chain in August 2023. With Subway’s global sales at more than $16 billion (100% franchised, which means Subway gets royalties but does not actually manage the restaurants), that would mean the investor is paying about 60 cents on the dollar per dollar of sales. How did they do it?
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