Modern Restaurant Management

APRIL 9, 2024

Bank of America suggests that technological innovation is the real game-changer , and it could have a big impact on the overall bottom line for restaurants in 2024. With that in mind, here’s a look at some of the moves restaurants are making to delight consumers and modernize operations, powered by technology.

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Modern Restaurant Management

FEBRUARY 7, 2024

As Merriam-Webster's word of the year for 2023, authenticity is proving to be something that people of all generations search for now more than ever. This is where innovative technology steps in, offering a silver lining.

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Social Media Customer Experience Influencer Dine-in 197

Perfect Daily Grind

APRIL 19, 2023

The 2023 expo will take place in Portland, Oregon – a city with a thriving specialty coffee culture. The expo allows a wide range of international coffee professionals and enthusiasts alike to network, build relationships, learn, and experience the latest innovations in the coffee sector.

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Chowly

FEBRUARY 23, 2024

Overview In 2023, small restaurant owners faced challenges but stayed strong, supported by loyal customers and robust spending. However, challenges persist with rising prices across various categories, potentially impacting household budgets. Job opportunities expanded, with over 2.6 million jobs added nationally.

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Perfect Daily Grind

MAY 12, 2023

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.

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Modern Restaurant Management

JANUARY 8, 2024

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. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

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2024 Loyalty Program Cash Management Customer Experience 215

Open for Business

JANUARY 6, 2023

The biggest issues that are top of mind for many chefs right now are the labor crisis , making menu changes that reflect the new normal, finding the right restaurant technology , and deciding which pandemic pivots are now permanent. Pricing became a flashpoint as well. Pricing became a flashpoint as well. Menu prices rose by 8.5%

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Modern Restaurant Management

JANUARY 31, 2024

To delve more into the results, Modern Restaurant Management (MRM) magazine reached out to Matt Zibell, VP Technology at TouchBistro. Inventory : Generally, when food costs go up, operators will raise their menu prices by a small amount. Labor : From a labor standpoint, 2023 was a relatively good year for operators.

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Modern Restaurant Management

JANUARY 26, 2023

What issues/challenges do you see ahead for restaurants as we head in 2023 and what advice can you offer to help? Quick Service Restaurants (QSRs) in particular thrived during the pandemic, largely due to drive through capabilities and technological innovation. On the franchise side, what do you foresee in 2023?

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2023 Franchise Franchising Employee Relations 189

Open for Business

MAY 19, 2023

No one would have guessed that so many people would be working remotely in 2023, or that TikTok would become the next social media powerhouse. As guest preferences change and new developments in technology come out, keeping up to date can help you in several key ways.

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2023 Hospitality Loyalty Program Email Marketing 78

Modern Restaurant Management

DECEMBER 20, 2022

Over the past year, brands modified expansion strategies, leaned into new technologies and chose to invest more into their employees to keep up with trends, improve operations, win over customers and embrace company culture. They have added technology throughout the restaurant to offset labor hours. The strong will get stronger.

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Modern Restaurant Management

AUGUST 16, 2023

The food industry has been historically slow to integrate technology and digital solutions. However, given the current circumstances surrounding the COVID-19 pandemic, economic instability and impending recession in 2023 , traditional norms are shattered. Here are the ways technology is revolutionizing the culinary world through.

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Loyalty Program Mobile Ordering Dietary Restrictions Point of Sale 167

Qu

MARCH 31, 2023

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 ).

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2023 Fast Casual Point of Sale Employee Relations 52

Perfect Daily Grind

FEBRUARY 3, 2023

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.

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ChowNow

OCTOBER 26, 2023

For example, when asked directly, most diners listed quality of food, cleanliness, service, and pricing as the biggest influences on customer satisfaction, which isn’t surprising. Here we see that technology and innovation features score much higher with derived importance (DI) rankings.

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Mobile Ordering Customer Experience Influencer Customer Service 97

Modern Restaurant Management

DECEMBER 20, 2023

In 2023, the restaurant industry faced several challenges and made some missteps along the way. Notably, not enough investment in technology and digital transformation. As with most other industries, the biggest talking point for restaurants in 2023 has been artificial intelligence. Here are some of their insights.

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Modern Restaurant Management

JUNE 16, 2023

The National Restaurant Association’s State of the Restaurant Industry report for 2023 found that operators are now in a “growth mindset” for this year and beyond as they see conditions continue stabilizing to pre-2020 levels, and even surpassing them. AI Grows in Popularity — But Can It Grow Profits?

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Operations Online Ordering Social Media Technology 110

Aaron Allen & Associates

FEBRUARY 15, 2024

In this context, the only way to work your way out of inflation is innovation. Restaurant Point-of-Sale Companies Rethinking Their Go-to-Market Strategies Restaurants have been historically slow to adopt technologies. We’ve seen many investors get into the restaurant technology space skipping due diligence and paying the price later.

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Perfect Daily Grind

OCTOBER 1, 2022

The online event is part of the WCA’s TechnoCoffee Innovation Series, and will cover topics related to data interoperability and transparency in the coffee sector. The company says it will use funds to further develop its artificial intelligence technology and expand its presence in new locations. The previous record was 3.4

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2022 2023 Point of Sale Webinar 135

Perfect Daily Grind

MARCH 29, 2023

Many coffee professionals and enthusiasts alike agree that the World Barista Championship (WBC) is one of the greatest stages for showcasing excellence and innovation in the specialty coffee sector. Moreover, the series has also been selected for the 2023 New York City Independent Film Festival.

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Perfect Daily Grind

SEPTEMBER 23, 2022

SIGEP The Dolce World Expo to showcase Italian coffee, pastry, and gelato innovation in Rimini. The retail data firm says ready-to-drink (RTD) coffee sales have increased by 11% year-on-year, matched by an average price increase of 7%. International Coffee Tea Asia 2023 scheduled for 25 to 27 May in Singapore. Wed, 21 Sep.

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The Restaurant Times

JANUARY 11, 2023

Automation is the key to unlocking greater productivity and innovation, freeing up humans to focus on higher-level work and creative endeavors. And automated order taking, well, it is going to be one of the top trends in the restaurant industry in 2023. .

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Ordering Online Ordering Mobile Ordering Loyalty Program 52

Apicbase

MARCH 17, 2023

Recommended read: 85+ Restaurant Industry Statistics That Every F&B Operator & Manager Needs to Know in 2023 Here we go! Technology can be an incredible help for achieving operational excellence and bringing in more revenue, so let’s look at the tech your restaurant needs today and in the years ahead.

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Customer Experience Consumer Goods Food Supply Customer Service 52

Restaurant365

JUNE 3, 2022

In the same report, a majority of restaurant operators said they expect the restaurant staffing shortage to extend into at least 2023. The current employee shortage has created the need for innovative technologies in our industry more than ever. This is a highly competitive market with extremely low margins.

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Management Management Back of House Front of House 78

7 Shifts

FEBRUARY 7, 2024

Restaurant technology is no longer a nice-to-have: it’s an absolute necessity for building a modern, resilient restaurant that can become and stay competitive. The first technologies that restaurants often invest in are cloud-based point of sale (POS) systems and payroll processing. Owned by Toast.

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Technology Mobile Ordering Social Media Online Ordering 312

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. A tightly integrated technology strategy will be key to workplace satisfaction and profitability. For part two, click here.

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2023 Loyalty Program Fast Casual Customer Experience 167

RGU

JANUARY 12, 2020

Heavyweights like Burger King and McDonalds are leveraging digital-first touchpoints to entice eaters, using branded apps that provide discounted prices, pre-pay, and even mobile check-out. DTS market, with social closely following, growing its share as the key method from 22 percent in 2018 to 28 percent by 2023, according to IHS Markit.

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Modern Restaurant Management

JANUARY 2, 2024

We've reached a point where we're recognizing the value and limits of these technologies. People will increasingly choose innovative products not only because they align with their values, but because they taste and perform better or otherwise meet personal preferences or needs.

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Perfect Daily Grind

JUNE 9, 2023

The Coffee At Home UK Report 2023 found that the market grew by 3.5% André Kirberg retains title at 2023 German Coffee Roasting Championship. Kirberg will represent Germany at the 2023 World Coffee Roasting Championship in Taipei later this year. Brazil’s 2023/24 coffee harvest expected to produce 3.8

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2023 Point of Sale 2024 Webinar 115

Perfect Daily Grind

FEBRUARY 24, 2023

According to the US Food and Drug Administration, the affected products have the following expiration dates: 8 March 2023, 20 May 2023, 4 June 2023, and 10 June 2023. World AeroPress Championship publishes rules and regulations for 2023 competition. World of Coffee Athens will take place from 22 to 24 June 2023.

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Modern Restaurant Management

DECEMBER 16, 2019

Chick-Fil-A drove growth through menu innovation, but more importantly, it was one of the main characters in the much-hyped Chicken Wars saga (8.2 For complete survey data, and more detailed findings on how restaurants today are harnessing the power of ordering technologies, click here. percent growth over Q2). percent growth over Q2.

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2019 Compost Mobile Ordering Point of Sale 128

Modern Restaurant Management

DECEMBER 27, 2022

Inflation is causing food prices – and food insecurity – to soar. . Technology can boost business operations in a variety of ways. In the coming year, operators should rely on restaurant technology (ResTech) to help them: 1. Implementing technology may be the single most important thing your brand can do in the new year.

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Modern Restaurant Management

DECEMBER 18, 2019

"Restaurants and event planners are constantly improving and innovating to provide guests with what they want, and by focusing on greener menus that appease many diets, they're able to appeal to more customers," said Jonathan Morse, CEO and Founder. "We Pricing and participation vary by location. Vegetarian).

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Seasonal Menu Fast Casual Consumer Goods 2020 136

The Rail

DECEMBER 20, 2022

It seems annually that everyone with a platform jumps into the pool so they can predict what 2023 will bring in their various industries. We’ve already gone over our top restaurant stories of 2022 , so let’s see what the crystal ball says for 2023. Your Menu Will Never Be the Same. Restaurant Labor Will Continue to Organize.

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Modern Restaurant Management

MARCH 3, 2023

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

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2023 2022 Consumer Goods Point of Sale 203

The Food Corridor

MARCH 27, 2023

But moving to a delivery- only model has been made possible recently by advances in technology and changes in consumer habits. We have only seen the tip of the iceberg of innovation in this space. With any new technology, there are going to be certain drawbacks along with the benefits. Food delivery is nothing new, of course.

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Kitchen Safety Delivery Online Ordering Food Order 59

Apicbase

JANUARY 13, 2023

The F&B industry grew in 2022… and it will keep growing in 2023. To combat inflation in 2022, 39% of restaurants started tracking the price of key ingredients; 22% adjusted the number of vendors; 36% increased menu prices. This trend is expected to continue in 2023. Let’s dig in. billion by 2028.

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