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Famed Danish restaurant Noma will close by 2024 to make way for a test kitchen

The Salt

Chef Rene Redzepi's house of Nordic gastronomy will close by the winter of 2024 and re-emerge as Noma 3.0, the Copenhagen eatery said on its webpage. Image credit: Dresling Jens/AP

2023 59
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Culinary Focused Alcohol-Free Beverages Are Taking Root – Here Is One Example.

Sante

The low- and no-alcohol beverage market continues to expand with consumption expected to grow 31% by 2024, according to the IWSR. Continue Reading. This Month Vol. 26 No. 01 alcohol-free beverages beverages cocktails plant-based sober curious

Beverage 177
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The fight is on as California's fast food law goes before the voters

Restaurant Business

The Fast Act is now officially on hold until a 2024 referendum is held. But the war is on to capture the public's sympathies. And in the middle of it is McDonald's U.S. president. Workforce

2023 63
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Fast Act opponents collect enough signatures to put the law on hold

Restaurant Business

The petition drive would halt enforcement until voters decide in 2024 whether to keep the controversial fast-food wage law. Workforce

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Cashless Consumer Creates Need for Secure Connectivity

Modern Restaurant Management

percent of payments by 2024. The prevalence of digital payments and automation across industries means that reliable connectivity is imperative for an organization’s success.

2022 134
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Winter Is Coming. Does Outdoor Dining Have a Future? 11 Great Tips for Restaurants

Cheetah

California Formalizes Outdoor Dining Through 2024. Licenses will be granted for successive one-year periods, until 1 July, 2024. Reading Time: 4 minutes. Fancy a Spritz al fresco?

Outdoor 124
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Five Facts About Restaurant Online Ordering

Focus POS

There’s a lot of money up for grabs—the popularity of online food delivery services is skyrocketing in the US, and by 2024, it’s projected to be a $32 billion industry. 5 Restaurant Online Ordering Facts All Restaurateurs Should Know.

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Tech Initiatives that Will Help Restaurant Industry Grow in 2021

The Restaurant Group

In fact, data confirms that contactless payments will reach $6 trillion by 2024. According to Forbes, more than 40% of restaurants struggled to survive during the COVID-19 pandemic crisis. What’s interesting is that G2 research highlights that almost 50 million people in the U.S.

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List of 5 Best POS Software for Restaurants in India (Most-Preferable)

Bingage

Restaurant POS Terminals Market size raised USD 10 billion in 2017 and is predicted to expand at a CAGR of over 13% between 2018 and 2024. The global industry purchases are expected to approach 20 million units by 2024. Everything is now digitalised! Agree?

POS 65
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10 Email Marketing Ideas for Restaurants to Drive Sales

ChowNow

Online ordering has become extremely popular, so much so that digital sales will account for more than half of limited-service and quick-service sales by 2024. If your restaurant isn’t using email marketing, now is the ideal time to start.

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Mod Pizza Heading to IPO and Velvet Taco Sale

Foodable

They have raised $160 million and set a goal to increase its store count to 1,000 locations by 2024. Listen to "Weekly Wrap | Mod Pizza Going Public, Restaurant Robots, Velvet Taco, & Self Service Technology" on Spreaker.

2024 52
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COVID-19 Has Accelerated On-Demand Drone Delivery

Modern Restaurant Management

Prior to the pandemic, Research and Markets had forecast the global drone market to grow from $14 billion in 2018 to over $43 billion by 2024, with drone deliveries set to be the fastest growing application.

Delivery 171
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Franchise Portfolio Diversification: Trends Taking Shape in 2022

Modern Restaurant Management

by 2024. The COVID-19 pandemic has ushered in a lot of chaos and accelerated several trends within the restaurant industry. From full service to fast-casual to legacy fast-food brands, the one constant was disruption.

Franchise 135
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Why you should optimize your menu for delivery

Deliverect

The industry’s been growing at a steady pace and is expected to yield a worldwide revenue of US $164 billion by 2024. Food delivery is big business. Today, 60% of all dining experiences are off-premises – a percentage that is believed to only increase.

Delivery 104
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1-Million-Plus Signatures Could Put Fast Act On Hold

Foodable

According to an article in Restaurant Business , restaurant representatives say they have collected signatures from California residents that will put a recall in the state’s Fast Act on the 2024 ballot.

2024 72
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Food Safety and Transparency Are the Lifeblood for Operators

Modern Restaurant Management

Industry-wide compliance is expected by the end of 2024. Few scenarios strike more fear into a restauranteur’s heart than the prospect of serving food to patrons that makes them sick.

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4 Tips For Setting Your Marketing Budget

Indoor Media

While that number is expected to grow tremendously by 2024, the 50 largest beauty salons make up 15% of that market, and the 50 largest barbershops make up 30%.

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Top Restaurant POS Features To Look For In 2023

The Restaurant Times

Over 20% of POS solutions are already in the cloud, and 29% are planning to do so by 2024. A traditional point of sale (POS) used to be a restaurant billing software that processed orders and produced receipts.

2023 52
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Coffee News Recap, 13 Jan: World of Coffee Dubai 2023 takes place at Dubai World Trade Centre, the Barista League to host 12 events in 2023 & other stories

Perfect Daily Grind

The Barista League to host 12 events in 2023 with additional event announced for January 2024. Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. Here are this week’s stories. Mon, 9 Jan.

2023 117
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7 Ways to Improve Your Restaurant’s Design for Delivery

Deliverect

The US restaurant delivery market is projected to reach $32 billion by 2024 , growing at an annual rate of 5%. To put that in perspective, that’s more than the GDP of the entire European nation of Iceland.

Design 122
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What is a Mobile POS System For Retail?

BNG Point of Sale

The global market was worth $17 billion in 2017 and is expected to grow to $55 billion by 2024. Mobile POS For Retail. What Is A Mobile POS System For Retail?

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How Your Restaurant Can Tackle the Employee Shortage

Modern Restaurant Management

McDonald’s is now offering entry-level workers $11 an hour and the company is seeking to increase the average salary in its restaurants to $15 an hour by 2024.

Hiring 163
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85+ Restaurant Industry Statistics That Every F&B Operator & Manager Needs to Know in 2023

Apicbase

Research Gate , Updated 2022) Food influencer marketing is expected to grow at a rate of 45% by 2024. The F&B industry grew in 2022… and it will keep growing in 2023. However, we’re seeing some major shifts around menu creation, procurement, and dining habits of guests.

2023 52
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20+ Restaurant Industry Statistics Every Restaurateur Should Know

ChowNow

Digital sales will account for more than half of limited-service and quick-service sales by 2024. 2020 flipped the restaurant industry upside down, and the restaurant industry statistics compiled in this blog post convey just that.

2024 78
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Coffee News Recap, 18 Mar: Coffee prices rise for 17 consecutive months, US coffee consumption hits two-decade high & other stories

Perfect Daily Grind

Main Saudi Tim Hortons franchisee AG Café will open all new locations by 2024. The facility is set to open in 2024 and will use 100% renewable energy by 2025. Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. Here are this week’s stories.

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What Does The Future Hold For The Restaurant Industry? Here Are The Top 6 Technology Trends To Watch

The Restaurant Times

A report by Juniper Research states that contactless payments will triple to $6 trillion worldwide by 2024. The novel COVID-19 virus has transformed the restaurant industry like never before.

2024 83
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September/October 2020 and Elections Legal Update

Modern Restaurant Management

Benefits will begin on January 1, 2024, with taxes to be paid starting on January 1, 2023. Pooja S. Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine.

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2022 Budget Recap – Hospitality Highlights

Paper Chase Accountancy

Income tax In the shock rabbit-out-of-the hat announcement at the end of his speech, Sunak announced “for the first time in 16 years” a 1% cut in income tax before the end of the Parliament in 2024. 2022 Budget Recap: Hospitality Highlights.

2022 52
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Restaurants Save Money with the Right Recycling Practices 

Modern Restaurant Management

billion by 2024. In 2018, when China stopped accepting plastics and recycling from the US, waste management professionals wondered whether the recycling industry could survive the loss of a major market for America’s commodity scrap. Two years later, the verdict is in.

Recycling 107
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Dark Kitchens: Are They Really Profitable?

The Restaurant Times

Ghost kitchens are drawing huge amounts of investments from many seed investors, and are expected to become a USD 3 billion industry by 2024.

2024 83
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Coffee News Recap, 23 Dec: SCA approves plant-based and other animal milks at WBC 2023, USDA predicts rebound in global coffee production and increased consumption for 2022/23 & other stories

Perfect Daily Grind

The coffee chain plans to open 1,000 locations in the country by the end of 2024. Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. Here are this week’s stories. Mon, 19 Dec. Weber Workshops launches Unibasket portafilter basket.

2022 104
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Five Tips to Increase Gift Card Sales This Holiday Season 

Modern Restaurant Management

By 2024, global digital gift card sales are projected to hit $698.2

2019 116
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Coffee News Recap, 29 July: Starbucks pushes for growth in Thailand, Saudi Arabian culture ministry signs agreement to develop coffee industry & other stories

Perfect Daily Grind

Starbucks Thailand to open 90 stores by end of 2024. Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. Here are this week’s stories. Mon, 25 Jul. Nestlé launches Nescafé Gold Cappuccino ice cream in Malaysia.

2022 110
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Restaurant Recruiting, Staffing, & Turnover Trends: What You Need to Know About Managing Restaurant Staff in 2021

Black Box Intelligence

The chain says it expects to pay employees $15 per hour by 2024. The industry has been volatile the past year and a half — to say the least. And while things seem to be on the upswing, the industry is now facing another big hurdle: labor challenges and shortages.

2021 83
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Rising Restaurant Minimum Wage: What to Know for 2021

Touch Bistro

Planned increase to $13.00/hour on January 1, 2022, increase to $14.00/hour on January 1, 2023, and an increase to $15.00/hour on January 1, 2024. With growing national pressure to increase the federal minimum wage in the U.S.

2021 83
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Build Greater Brand Engagement For Your Cloud Kitchen By Leveraging Online Platforms

The Restaurant Times

by 2024. Running a successful restaurant business today is about making sure that your brand can be easily found online. Restaurant brands with a stellar online presence also have the potential to attract more customers and receive more orders.

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How to Set Up and Run a Ghost Kitchen for Your Restaurant Business

Restaurant365

Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 5.1%, resulting in a projected market volume of $32,325m by 2024.

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The Top 5 Restaurant Management Questions Answered

Marketman

billion by 2024 with a significant annual growth rate of 14.6%. Whether your restaurant is preparing for its grand opening night or will be celebrating its 10 year anniversary, it is never a bad time to begin implementing the best restaurant management practices and improving your processes.

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The World of Hospitality in Mixed-Use Developments - A Powerhouse of Sales, Rental & Asset Growth

Future Food

Development Teams across a range of industry sectors have been working with Food Consultants and Leasing Directors to rethink the future when it comes to what food and entertainment should look like in 2024 and beyond. Angel Central Shopping Centre - London.

Food 78
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How can coffee shops use coffee concentrate?

Perfect Daily Grind

By 2024, the global cold brew market is expected to grow a further US $1.12 Now more than ever, we have a huge number of different ways to prepare coffee at our fingertips.

2022 116