Modern Restaurant Management

DECEMBER 29, 2023

Shortage of Capital for Restaurant Technology As we marched into 2023, interest rates and uncertain economic conditions continued to impact the withdrawal capital from restaurant technology investments. Investments in venture capital had a massive retreat in 2023, hitting the technology sector very hard. – Lissa Bowen

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Modern Restaurant Management

JANUARY 9, 2024

Heading into 2024, these restaurants, caterers, and other foodservice providers are becoming increasingly aware of the importance that incorporating sustainable practices within their daily operations has on drawing in the growing masses of eco-conscious consumers.

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SpotOn

JUNE 17, 2024

Operators plan to increase direct online ordering capabilities in 2024 to take control of takeout profits Tech plays a vital role in increasing earning potential for staff, promoting retention Kiosks provide faster service, resulting in more transactions and higher check averages SAN FRANCISCO, Calif.,

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Squirrel Systems

FEBRUARY 16, 2024

As we settle into 2024, the restaurant industry stands on the cusp of transformative changes, shaped by evolving consumer preferences, sustainability concerns, and a relentless pace of technological innovation.

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Modern Restaurant Management

SEPTEMBER 3, 2024

The right restaurant technology is essential to make it all happen. By focusing on key technologies like point-of-sale (POS) systems, local dining businesses can maximize their investments and position themselves for success in a digital-driven industry.

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7 Shifts

AUGUST 16, 2024

As of 2024, they make around $26.42 When issues arise, such as missing food delivery or a staff shortage, a manager must think quickly and find solutions. These events provide insights into new technologies, customer service strategies, and food safety practices. Take advantage of webinars and industry conferences.

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Mad Mobile

FEBRUARY 22, 2024

Statistic Detail 46% 46% of adults think technology has a positive impact on their restaurant experience. 47% 47% of operators predict an increased reliance on technology and automation to address labor shortages in their type of restaurants by 2024, including 44% of full-service and 49% of quick-service. trillion in 2024.

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Mad Mobile

JANUARY 23, 2024

Many retailers have already adjusted their approach to shopping and merchandising, introducing powerful omnichannel technologies to streamline operations and help them better compete in a new digital landscape. One key driver is the ever-increasing demand for seamless and expedited delivery experiences.

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Modern Restaurant Management

SEPTEMBER 30, 2024

At the same time, QSRs and fast casual establishments are turning to technology to improve operations and customer interactions as they continue to increase output. Technology is one way to make this happen. Data shows that order accuracy , fueled by improving technology, received top marks from satisfied consumers.

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Modern Restaurant Management

DECEMBER 28, 2023

Restaurant industry insiders offer their insights on F&B trends we can expect to see in 2024. Late Night Snacking : with the rise of trends like girl dinner this year, 2024 will be the year of late night snacking, with more consumers ordering delivery for food during late night hours.

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EATER

APRIL 10, 2024

Tomekah George Wonder’s big idea for food delivery is to own every aspect of the process, from recipe development to the moment it ends up at your door A few weeks ago, chef JJ Johnson launched a new restaurant concept in downtown Brooklyn. Wonder has shown a savvy curatorial eye reminiscent of the early days of delivery app Caviar.

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Modern Restaurant Management

DECEMBER 12, 2023

In this article, I will share my perspective on the current state of automation and why I believe it is poised for significant growth in 2024. For instance, our waiter robot, Servi, can handle tasks such as food delivery and table clearing, enabling restaurants to operate more efficiently with fewer employees.

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QSR Automations

DECEMBER 22, 2023

As we head into 2024, we predict that there will only be even more great ways to implement AI. For both delivery services as well as individuals who wish to personally pick up their order, timeliness was a significant issue. Harold loves finding ways of adopting new technology in order to boost the efficiency of any process.

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Restaurant Engine

MARCH 13, 2024

In this article, we take a broad look at food service trends to know in 2024. So, you can bet that one of the 2024 trends to look out for is sustainability practices. Trend: Add in Some Sour McCormick has designated tamarind as the flavor of the year for 2024. Here are some ideas: Compost leftover food scraps and paper products.

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Modern Restaurant Management

MAY 13, 2024

The NCR Voyix 2024 Digital Commerce Index revealed nearly half (48 percent) of consumers dine out less than they used to because inflation is top of the menu. The Index revealed 57 percent of consumers have canceled a delivery order after seeing the additional fees. They also want convenience and frictionless digital experiences.

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Clover - Restaurants

JULY 5, 2024

Luckily in 2024, the U.S. Whether you’re interested in quick service or full service , this guide will help you navigate the 15 most profitable restaurant types to open in 2024 based on data. Here are some of the most profitable QSR restaurants to open in 2024: 1.

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Modern Restaurant Management

MARCH 13, 2024

Automation is becoming increasingly viable, with robots capable of performing repetitive tasks, such as food preparation and delivery. Integrating restaurant robots, from automated cooking stations to delivery drones, offers a solution to labor shortages, potentially increasing efficiency and reducing costs.

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Modern Restaurant Management

JUNE 17, 2024

Despite the bite from inflation, TouchBistro’s 2024 U.S. On average, Gen Z diners say they'd only wait up to 33 minutes for a delivery order. For instance, Gen Z was driving the recent increase in takeout/delivery sales. " Pendrill said this attitude is particularly noticeable when it comes to takeout/delivery.

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Apicbase

JULY 22, 2024

There is more remote work, sustainability has become essential for business, and competition from food delivery services, local restaurants, and retail is fierce. The success of these programs, says Mann, is because “the tools, resources and programs support the delivery of the business.” Innovation took centre stage in the debate.

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Modern Restaurant Management

AUGUST 2, 2024

Restaurant leaders representing nearly 3,700 QSR, fast casual, casual dining, and fine dining locations shared 2024’s top challenges and opportunities alongside plans for investment in back-of-house technology, increased sales, and team training, benefits, and support. percent more visits than the year-to-date Tuesday average.”

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The Restaurant Times

OCTOBER 12, 2020

With consumers shifting away from the dining-out trend towards home delivery services, technological growth has paced up in the sector. Food delivery services are currently leading the online marketplace. until 2024. Food delivery businesses are continuously acquiring a substantial number of new customers each day.

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Qu

OCTOBER 17, 2024

And the biggest bottleneck in fulfilling that promise— outdated kitchen technology resulting in sub-optimized kitchen operations. Unified kitchen systems that integrate data from all ordering channels—digital, in-store, and delivery—play a vital role in enhancing order management. billion in 2024 from USD 6.08 billion in 2023 1.

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QSR Automations

AUGUST 21, 2024

Partnership to Integrate Advanced Kitchen Technology Across Fast-Growing Restaurant Chain LOUISVILLE, Ky, August 21, 2024 — Today, QSR Automations , a global leader in kitchen automation and guest management services, announced its strategic partnership with Dave’s Hot Chicken. We didn’t just pioneer restaurant technology.

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Lavu

FEBRUARY 14, 2024

Running a Bar: 7 Key Features You Need to Become The Best Bar POS System in 2024 In the bustling world of hospitality, the backbone of a bar’s success lies in its operational efficiency and customer satisfaction. At the forefront of this achievement is the POS software, a pivotal technology that has transformed how bars operate.

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Modern Restaurant Management

JANUARY 22, 2024

Using technology to facilitate contactless payments, online ordering, and quick table rotation can increase consumers’ satisfaction and loyalty. Also, consider providing curbside, takeout, or delivery services in addition to flexible and quick ordering and delivery alternatives, including online, phone, or in-app ordering.

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EATER

JUNE 21, 2024

The addition of Tock to Go in 2020 allowed restaurants to handle take-out without the high fees of other delivery apps. Today, OpenTable remains an old standby. It’s especially appealing to tourists, for whom Yelp has more name recognition than local platforms, one restaurant owner told Modern Retail in 2021.

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Modern Restaurant Management

DECEMBER 12, 2022

Many embraced takeaway delivery services, and had to establish new ways to process customer payments from a distance. Mastercard states that as of 2024, there will be no requirement for issuers to include a Magstripe strip on new cards. Delivery Orders: Card Not Present Transactions. In its wake, plenty of those changes remain.

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The Rail

AUGUST 8, 2024

With rising costs and shrinking profit margins, it’s essential to leverage technology to enhance efficiency, reduce costs, and boost revenue. million restaurant jobs by the end of 2024. The Importance of Increasing Restaurant Revenue Maximizing revenue isn’t just about surviving—it’s about thriving.

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The Restaurant Group

MAY 3, 2021

But even in the post-COVID-19 world, new technologies can help new restaurants emerge and establish a more robust presence of establishes food chains. Let’s look at the essential tech advancements that can reshape the restaurant sector for good in 2021: Delivery Apps for Online Ordering. Digital Kitchens. Contactless Payment.

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Modern Restaurant Management

JUNE 28, 2024

Order accuracy (86), mobile quality (86), and mobile reliability (85) receive high scores as improving technology may be increasing accuracy in filling customer orders. The food delivery industry debuts in the ACSI with a score of 73 — significantly lower than both full-service restaurants and fast food restaurants.

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The Restaurant Times

DECEMBER 21, 2021

The online delivery and takeout segment has witnessed a whopping 21.7% While some restaurant owners have already made a shift towards delivery-only kitchens, some are still wondering if they really are as profitable as they are claimed to be. . These kitchens do not have any space for sitting and only take orders for food delivery.

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The Restaurant Times

SEPTEMBER 22, 2021

According to a report by RedSeer Management Consulting, cloud kitchens are set to be a $2 billion industry in India by 2024, up from $400 million in 2019. Before Covid-19, there was a distinct divide between delivery centric focussed and dine-in brands. Technology Will Enable Growth. D2C Channels To Drive Profitability.

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Aaron Allen & Associates

FEBRUARY 22, 2024

Originally published in the Aaron Allen & Associates newsletter on 02/19/2024. From the guest experience to throughput, the share of off-premise, branding , marketing , and technology , multiple factors play into sales volumes. As we start 2024, it’s a good time to decide where to double down and where to back away.

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The Restaurant Times

JANUARY 26, 2023

But as cloud technology developed, the basic POS system transformed into a full-fledged restaurant management system. Here are five restaurant POS trends to look out for in 2023: Centralize All POS Tasks Restaurant orders are made via multiple digital channels, from dine-in and take-out to curbside and delivery.

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ChowNow

MARCH 17, 2021

It also sped up adoption of digital tools to facilitate takeout, delivery, and on-premise digital ordering. Restaurants expect 62% of their revenue to come from takeout and delivery in 2021. 91% of restaurants are looking to kitchen automation technology to help streamline their operations in 2021. Constant Contact ).

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Restaurant365

JULY 24, 2020

Shelter-in-place orders, dine-in restrictions and diners’ hesitation to eat out have combined to prompt restaurants to shift their focus to takeout and delivery. Increased demand for food delivery had already boosted the growth of ghost kitchens, and the COVID-19 pandemic has escalated both the popularity and profitability of the model.

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The Rail

DECEMBER 18, 2023

Then the NFL teamed up with EverPass to put two games on Peacock Sports Pass -- the Buffalo Bills and Los Angeles Chargers on 12/23, and one Wild Card playoff game on January 13, 2024. In short, they have no dine-in option for guests and only do delivery. Stay tuned for our annual industry predictions for 2024 – coming soon!

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