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Five Ways to Use POS Data to Forecast Holiday Demand for Your Restaurant

Modern Restaurant Management

Whether it was your signature menu items, seasonal specials, or a festive holiday cocktail that puts a new spin on a classic, tailoring your menu can grab the attention of those looking to try something new. It’s the perfect season for experimenting with new menu items that align with previous seasonal trends.

POS
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Smart Supply Chain Management Can Reduce Food Waste and Improve Margins in Your Restaurant

Modern Restaurant Management

The Hidden Costs of Food Waste According to the James Beard Industry Report at the end of 2023, more than 50 percent of the restaurants that participated in the survey showed lower profits than the year before. If the special for the night is fresh oysters, but the delivery of those oysters is a day late, it can throw off the entire menu.

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No Reservations About Putting Restaurants First

Modern Restaurant Management

Restaurants, wineries, and hotels now need to offer more than just standard reservations – they need to sell premium experiences like chef's counters, wine tastings, cocktail classes, and special events alongside traditional bookings. 4 Based on American Express proprietary data from January 2023 to December 2023.

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MRM Research Roundup: Super Bowl LIX Edition

Modern Restaurant Management

This "Super" special edition of Modern Restaurant Management (MRM) magazine's Research Roundup has a Super Bowl theme. As such, Restaurants may choose to focus on pre-orders and takeout specials to capture sales early! The steepest decline happened between 6-9 p.m., with transactions down 47 percent at 7 p.m.

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How to Build a Food Delivery App for Your Restaurant

The Rail

from 2023 to 2030. This option allows you to implement custom features like specialized menu categories, unique loyalty programs, and integration with your existing POS system. About the Author Kateryna Reshetilo is the Head of Marketing at Greenice , specializing in Content Marketing to provide valuable insights to clients.

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Two

Modern Restaurant Management

That's why we instituted lower-priced lunch specials and made other adjustments. The Double-Edged Sword of Social Media Social media has reshaped how restaurants connect with guests, offering instant access to specials, menu highlights, and community events. This has driven up all wages because a cook being paid $16.50

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Launching Your First Food Truck: 3 Crucial Considerations for Success

The Rail

By Briana Hilton, Contributor Yelp listings indicated that about 53,800 restaurants began operations in 2023 — a figure that represents a 10% increase from 2022. For example, social posts can be used to keep customers updated on everything from your next location to cancellations and special events.