2023 Point of Sale Pricing Technology 
Modern Restaurant Management
APRIL 10, 2024
According to September 2023 numbers from the National Restaurant Association , 49 percent of restaurants reported year-over-year increases in same-store sales. economy demonstrated resilience in 2023—with GDP, employment rates and consumer spending remaining relatively stable or even growing. Coffee in 2023.
Modern Restaurant Management
NOVEMBER 7, 2022
Striking a balance between value and price. Is it possible to strike a balance between value and price to satisfy both parties? To answer that question, Revenue Management Solutions (RMS) examined two factors: the impact of price increases on QSR sales performance and consumers’ perception of value. Is it possible?
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Modern Restaurant Management
MARCH 15, 2023
Dynamic pricing would add friction to the guest experience, according to Capterra’s 2023 Dynamic Pricing in Restaurants. Sixty-five percent of consumers say dynamic pricing would make the decision of where and when to eat more difficult; 63 percent say it would make it harder to budget their restaurant spending.
Modern Restaurant Management
DECEMBER 21, 2023
In 2023, we saw sellers increasing throughput utilizing the “experience creates consumption” strategy and we predict an increase in draft program profitability in 2024 as more on-premise professionals embrace the needs of the highly coveted craft beverage loyalists. Here are some of their insights.
Perfect Daily Grind
FEBRUARY 10, 2023
points, were purchased by Canasto Coffee Co. The new headquarters also includes a Hemro Innovation & Technology campus. International Coffee Organisation says coffee prices remained stable during January 2023. Tue, 7 Feb Alliance for Coffee Excellence reschedules 2023 Indonesia auction. 1 Private Auction.
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. Here are some of their insights.
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. Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour.
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