Remove 2024 Remove Cash Management Remove Mobile Ordering
article thumbnail

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. In 2024, we’ll continue to see growth in the payroll segment.

2024 539
article thumbnail

Cashless Consumer Creates Need for Secure Connectivity

Modern Restaurant Management

All of these tools require a reliable connection in order to ensure a positive customer experience. Credit card payments have been outpacing cash transactions for some time now. percent of payments by 2024. This is a positive development as McKinsey analysts say the change from paper to digital management will double profits.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Providing The Best Restaurant Customer Experience in 2024

7 Shifts

From creating a welcoming ambiance to offering unique menu items, let’s explore the ways you can refine your restaurant's customer experience in 2024. Ordering process 74% of customers won’t hesitate to leave a long queue, and 70% are only willing to wait up to 15 minutes for an item or service.

article thumbnail

MRM Research Roundup: Experimentation, Valentine’s Vibe Shift, and Wine Cork Market

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. titled Chili’s and Texas Roadhouse: Full-Service Success in 2024. ” A Year of Challenges U.S. Additionally, another fresh Placer.ai

Marketing 221
article thumbnail

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

Modern Restaurant Management

Gone are the days of cash-only transactions. With integrated point-of-sale (POS) systems, the entire dining process is streamlined, from when customers order to when they pay for their meals. Enhanced accuracy through minimized human errors in order processing and inventory tracking. Ordering screens.

article thumbnail

Gen Z Dining Trends Restaurant Operators Must Know About

Modern Restaurant Management

.” Those words from Katherine Pendrill, Senior Manager, Content Marketing at TouchBistro, should be quite telling for restaurant operators as they point out the opportunity that exists to reach a valuable audience. Despite the bite from inflation, TouchBistro’s 2024 U.S. average of 39 percent across all age groups. .

article thumbnail

Chefs Love Wonder, the Latest App Trying to Disrupt Delivery. Will Diners Follow Suit?

EATER

Customers place orders on the Wonder app for delivery or pick-up. Instead of driving mobile kitchens to its diners, Wonder deploys a mix of employees and third-party couriers to deliver food in a tight radius — between six to eight minutes away in the city and 10 to 12 in the suburbs. Wonder has managed to raise a whopping $1.5

Delivery 356