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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. An issue that may arise from this in 2024 is data privacy. Read the first part, here. For the second part, click here.

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Consumer Habits Are Changing — What’s Next for Restaurant Tech?

Modern Restaurant Management

Many food and beverage establishments have seen success with technology — such as contactless options, automation to support changing workforces and innovative customer loyalty strategies — in their endeavors to meet the demand for safer and more convenient dining experiences. Gone are the days of cash-only transactions.

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Red Lobster’s Demise Was Never About the Endless Shrimp

EATER

Even when COVID hit in 2020, the company still managed to maintain positive cash flow as other restaurants floundered. Just four years later, in January 2024, Thai Union was ready to get out of the restaurant business , citing “sustained industry headwinds, higher interest rates and rising material and labor costs.”

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SpotOn vs. Shift4 Reviews Comparison | SpotOn POS

SpotOn

SpotOn, as one of the leading software and payment companies in the field, has become a favorite among managers, restaurant operators, and staff thanks to our personalized customer service, competitive money value, and range of tools designed to help any restaurant succeed. Capterra users gave SpotOn a rating of 4.3,

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What is a Mobile POS System For Retail?

BNG Point of Sale

The device functions as a mobile cash register and terminal to process sales transactions. mPOS technology provides several advantages to store owners, managers, sales employees and customers. Well over a century ago, the cash register enhanced the shopping experience and served as the hub of in-store commerce.

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Why Get a Restaurant Expert to Validate Your Plan

Aaron Allen & Associates

Originally published in the Aaron Allen & Associates newsletter on 02/12/2024. Will consumers like it just as much as the management team does? In this context, the only way to work your way out of inflation is innovation. The value of a restaurant expert, a professional second opinion, cannot be overstated.

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Meet Me at the Melting Pot?

EATER

It’s where you go when you’re freshly flush with cash from your first teenage job and want to feel fancy with your friends as you try to figure out how the hell to pronounce “Emmentaler.” You have to innovate if you want to stay relevant,” Johnston says, “but you also have to hang on to the core of your business.” 31, 2024, in Houston.

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