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2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

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.

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Our Wage Models are Broken

7 Shifts

This is often based on a points model, calculated using the job category and hours worked. It’s no secret that with a workforce mass exodus and rising minimum wages, the restaurant industry is long overdue for an overhaul of its business structure and compensation model. This isn’t an easy conversation to have. That’s where RAISE comes in.

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Coffee News Recap, 10 Feb: ICO says coffee prices remained stable during January, Luckin Coffee opened nearly 500 stores last month & other stories

Perfect Daily Grind

points, were purchased by Canasto Coffee Co. International Coffee Organisation says coffee prices remained stable during January 2023. Tue, 7 Feb Alliance for Coffee Excellence reschedules 2023 Indonesia auction. Luckin Coffee opened nearly 500 stores in January 2023. lb at Los Rodriguez Collection No. 1 Private Auction.

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2022: A Year of Transition for Restaurants

Modern Restaurant Management

Fifty-one percent of adults say they aren't eating at restaurants as often as they would like, which is an increase of six percentage points from before the pandemic. Fifty-one percent of adults say they aren't eating at restaurants as often as they would like, which is an increase of six percentage points from before the pandemic.

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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

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. Let’s dig in.

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MRM Research Roundup: Super Bowl and Valentine’s Day 2024 Edition

Modern Restaurant Management

In this edition of MRM Research Roundup, we feature pizza predictions, Valentine's Day menu trends and lots about loyalty. Pizza Ordering Predictions HungerRush released the results of a national dining survey on 2024 pizza ordering predictions for The Big Game (February 11) and National Pizza Day (February 9). Fifth place goes to guacamole.

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85+ Restaurant Industry Statistics That Every F&B Operator & Manager Needs to Know in 2023

Apicbase

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.

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