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Supermarket Food Waste Is a Big Problem. Is Dynamic Pricing the Solution?

EATER

In the bread aisle, you see two loaves identically wrapped; both are perfectly edible, but one is a day older and costs half the price. This is a business practice called dynamic pricing, and it may be coming soon to a supermarket near you. The price is changing throughout the [time] horizon.” Which do you choose?

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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 197
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Chefs speak: 4 major issues for restaurants in 2023

Open for Business

The biggest issue on almost every restaurateur’s mind heading into 2023 is the same as last year: staffing. Add the stress of rising prices and food shipping snags, and the need to simplify menus became even more pronounced. “We Pricing became a flashpoint as well. Pricing became a flashpoint as well.

2023 109
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Coffee News Recap, 12 May: World AeroPress Championship 2023 will take place in Melbourne, Oatly appoints new CEO & other stories

Perfect Daily Grind

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.

2023 134
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Hospitality trends restaurants should know in 2023

Open for Business

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. Digital ordering has been a game changer, and the latest trends for 2023 could change how hospitality businesses operate even more. At the upcoming St.

2023 78
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MRM EXCLUSIVE: Consumer Data Analytics Reveal Dining Patterns to Attract Customers 

Modern Restaurant Management

More closures in 2023 could reduce the number of restaurants to about 630,000 locations. In August 2023, only eight percent of consumers we surveyed say they do not eat out, so dining out is “in” again. In Causeway Solutions’ September 2023 survey*, we asked more than 800 U.S.

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Maximizing Restaurant Profits by Routing Out Hidden Financial Risks: A Technology-Based Approach

Modern Restaurant Management

Technologies such as the Internet of Things (IoT) can help them maximize 2023 financials by: Offering a better experience to diners and employees Increasing efficiencies and lowering expenses These technologies empower restaurants in various ways—from automating tasks to identifying emerging risks.