article thumbnail

As Consumers Prioritize Sustainability, Forward-Thinking Operators Accommodate

Restaurant Business

It’s no secret that in recent years, consumers have increasingly prioritized eco-friendliness and sustainability in various parts of their lives. From the rise in popularity of electric cars to consumers’ obsession with reusable water bottles, it’s clear that consumers want more sustainability in their day-to-day lives.

article thumbnail

2023 Outlook: Trends and Challenges Restaurants Will See, Part Two

Modern Restaurant Management

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. Don’t be afraid to increase price.

2023 193
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

On the Road to Relief: Restaurant Trends and Opportunities to Watch

Modern Restaurant Management

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.

2024 190
article thumbnail

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.

2023 120
article thumbnail

Here’s what’s happening at the 2023 Specialty Coffee Expo

Perfect Daily Grind

The 2023 expo will take place in Portland, Oregon – a city with a thriving specialty coffee culture. Alongside an extensive trade show and exhibition, the 2023 Specialty Coffee Expo will also host several competitions and awards schemes. The 2023 US Coffee Championships will take place at the event.

2023 164
article thumbnail

Coffee News Recap, 4 Nov: PRF to return to Colombia in 2023, more than a third of UK hospitality businesses at risk of closure due to rising costs & other stories

Perfect Daily Grind

The survey found that that 35% of respondents were expecting to be operating at a loss or face closure by the end of the year, with 96% of businesses also experiencing higher energy costs and 93% facing food price inflation. Fairtrade launches Living Income Reference Price for Ugandan arabica.

2023 126
article thumbnail

Coffee News Recap, 21 Apr: Specialty Coffee Expo begins in Portland, arabica prices reach six-month high & other stories

Perfect Daily Grind

Mon, 17 Apr Colombian chain Juan Valdez to open flagship store in Madrid in May 2023. La Marzocco opens temporary store at 2023 Design Week Milan. In March 2023, the company certified another 88 Greener Stores in 18 additional markets, including in the UK. Expo Café Uruguay 2023 to be held on 12 and 13 August.

Pricing 129