This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
egg industry is grappling with a crisis that has sent shockwaves through the foodsupply chain. This devastating disease has led to the culling of over 20 million egg-laying hens in the last quarter of 2024 alone. poultry industry has faced recurring waves of infection, causing drastic fluctuations in egg supply.
Ingredient Integrity: Earning Trust Through Food Ethos Gen Z diners value honesty and quality in every aspect of the dining experience. ” By openly communicating these standards and staying true to them, restaurants can build trust with a generation that demands integrity in foodsourcing and preparation.
Steady Online Ordering Brings Food Waste, Donations to the Forefront of Priorities Ordering food online increases restaurant sales, but it also can potentially increase wasted food if proactive measures aren’t taken – for both the business and consumers at home.
According to the 2024 Technomic Breakfast Study , waffles are seeing a surge in popularity beyond breakfast—now appearing in appetizers, snacks and even desserts with operators realizing an economic boost. “Waffle-omics” is a term we use at Golden Waffles. Fresh-baked waffles are perfect for locally sourced additions.
More than half (54 percent) of independent restaurant owners report making half as much or less than this same time last year, according to a report from Alignable with 51 percent saying customer spending is “much lower” than 2024. Tariffs, attracting new customers, and inflation top the list of concerns.
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. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.
B Corp Restaurants As of early 2024, almost 150 restaurants around the world have achieved the certification, from fine-dining independents to fast-casual chains, with hotels, breweries and food delivery companies also dotting the list. Green Restaurant and Slow Food were others we considered. Is It Worth It?
Relying on a corporation to provide your favorite food means you have no control over it. The other problem with relying on a corporation for your favorite food is if it were to change, how would you know? Then theres the new ingredient: corn maltodextrin, an additive often used as a bulking agent in powdered foods.
Strong demand from the EU and US markets has driven this growth, despite persistent logistical bottlenecks and global supply shortages. increase in volume and a 120% rise in value compared to the same period in 2024. New York City, New York, US) Wed, 18 Jun – Emily McIntyre launches Swift Coffee Sourcing in Kansas City.
In September 2024, the Lamastus Family Estates auction surpassed all expectations and received an incredible bid of US $13,518/kg for a honey processed Elida Aguacatillo Gesha. JAB hired bankers to attract new investors as it considers an IPO for the coffee and food to-go chain. million 60kg bags. billion in sales. topping 2021’s 88.2,
One example is OpenAI’s Operator, a tool that can perform web-based tasks like making a restaurant reservation or ordering food from a delivery app. AI agents will no doubt make their way into restaurants themselves, where they could be used to create schedules or order supplies, easing the workload on managers.
billion transactions and $67 billion in sales in 2024. In 2024, restaurants across the country saw an average five percent increase in transactions and an average eight percent increase in profits with only four percent caused by price hikes. Companies saw a sales boost in 2024 as loyalty transactions increased by over 30 percent.
For certain events, Greenlane also sends the mascot Gigi—a human in a fluffy pink bunny suit, because salads are rabbit food—who has become somewhat of a TikTok star, helping to build brand awareness. We’re being nimble and changing where we source, while still trying to be as economical and environmentally friendly as we can,” said Wishnow.
Arabica prices reached all-time highs in February 2025 , prompting coffee businesses across the supply chain to reassess their sourcing strategies to secure more cost-effective coffees while maintaining quality standards. Simultaneously, operational costs have risen across the board, from packaging to logistics to labour.
Offering Bento Packs for individually portioned meals and a la carte buffet-style trays for customizable group settings, L&L’s catering options bring Hawaiian-style comfort food to events large and small throughout our locations nationwide. As of 2024, over half of U.S.
But CEO Patrick Fore is a big Taco Bell fan, and he was impressed by the way the Mexican fast-food giant hacked a menu category by developing a pizza, said Jon Pavano, brand director of operations for Miami-born Lime Fresh. Instead of a tortilla, Pavano sourced a 14 x 7-inch rectangular stone-fired naan bread for the crust.
Led by business and life partners Silver and Cherry Iocovozzi, the Filipinx restaurant has garnered many accolades: It was a 2023 James Beard finalist for Best New Restaurant, one of Bon Appetit s 2023 Best New Restaurants, and in 2024, was named a USA Today Restaurant of the Year. The popularity of Neng Jr.s percent the previous month.
No matter how much technology evolves, or trends shift, people will always come back for quality food, great value, and friendly service. In 2024, we launched Mad Dash, which totally changed curbside pickup. A key part of this shift is efficient data sharing across the supply chain. These core elements never go out of style.
Furthermore, digital tools for inventory and labor management became crucial for navigating supply chain disruptions and staffing challenges. as of December 2024, according to Homebase payroll data. We were a sourcing and hiring platform for restaurants. We had been in development for several months and it was finally go-time.
returned the following response, derived from multiple sources: A couple things to note there: Though Thai-namite gets top billing, the AI doesnt link directly to its website, like it does for the other two restaurants mentioned. Beerline Cafe does not serve Thai food, but gets lumped in anyway for being vegan. Abdow said.
Executive teams focused on supply chain strategy, pricing discipline, and consumer segmentation to weather the turbulence. Domestic supply chain, menu consistency, steady pricing Texas Roadhouse +3.5% Strategic investments in supply chain, digital ordering, and menu development will remain top priorities. Strong Taco Bell U.S.
percentage points less than sales growth from the same two-month period in 2024. Yelp analyzes the millions of reviews on its platform, along with nominations from its community of users, to generate a diverse list of local eateries, from food trucks to fine dining. Month-over-month sales (+0.1 percent) and transactions (+1.6
These on-again, off-again tariffs are, first of all, creating uncertainty as we try to plan our food and beverage budgets for 2025. Large chains and quick-service restaurants may be able to absorb price increases because they buy in bulk from a variety of sources. Build Alternate Revenue Sources. manufacturers produce about $6.4
Meanwhile, according to consumers, here are some opportunities for restaurants: Packaging : 90 percent say they’d order a greater variety of items if the food maintained on-premises quality during delivery; over half would pay more for premium packaging that supported quality during transport. percent in 2024.
Editor’s note For the first time since December 2024, the C price has fallen below US $3/lb. However, with Brazilian producers predicted to have sold up to 90% of their 2024 harvest, the market’s direction hinges on whether the remaining crops are as plentiful as expected. lb over the next 15 months.
For practical advice for restaurant operators, Modern Restaurant Management (MRM) magazine reached out to Phil Kafarakis, CEO of IFMA, The Food Away From Home Association. What food products used commonly in restaurant menus do you feel will be most affected by tariffs? Do you anticipate it will affect fine dining over fast food?
The food delivery company said Wednesday that it has acquired Symbiosys, an ad tech company, in a deal valued at $175 million. Ads are appealing for delivery apps: They are another source of revenue, and a profitable one at that. By Joe Guszkowski on Jun. Photo: Shutterstock DoorDash is doubling down on its advertising business.
As economic pressures and fluctuating food costs persist, these technologies will be critical for maintaining profitability and ensuring long-term sustainability. Younger generations are increasingly favoring restaurants that prioritize sustainability… local sourcing, reducing food waste, energy efficient operations.
To observers on Wall Street, within the Federal Reserve, and inside the Democratic Party, 2024 was the year that inflation was tamed and GDP continued to grow, while consumer spending remained strong and unemployment low. However, critical issues continue to challenge small businesses sourcing materials and selling overseas.
Getty Images Bird flu outbreaks have caused egg prices to rise, forcing some restaurants either adapt recipes or raise menu prices Toward the end of 2024, James Wong of the San Francisco bakery Breadbelly was already mentally preparing for his egg prices to go up: They also spiked at the end of 2022 and 2023 , due to nationwide bird flu outbreaks.
A celebrity chef in Ireland and author, Moriarty will shape the group’s food program, and will assist in recruiting a dedicated executive chef. Becca McIntyre is the new vice president of supply chain and culinary for Beans & Brews Coffeehouse. Ryan Pearson. Photo courtesy of Lotte Hotel Seattle.
Social reckonings and politics and pandemics and recessions and all kinds of horrific real-world stuff have intersected with restaurants in a way that had to happen, but which has turned the act of eating food into pretty serious business. And that’s a good thing; food is serious business. Making your own pasta?
How much food does the U.S. The United States imports a significant amount of its foodsupply around 15 percent of the total American foodsupply is imported from other countries , according to the Food and Drug Administration and that percentage is expected to grow. A lot of food, actually and yes.
Paperchase’s financial specialists in the restaurant and bar industry analyzed same store data across all restaurant sectors to detail the correlation between equity-market crashes and the food and beverage business. on average in February and March compared to 2024. on average in February and March compared to 2024.
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. Read the first part, here.
As the calendar turns towards 2024, the restaurant industry stands at a crossroads, with innovation and adaptation at the heart of its ongoing evolution. These factors contribute to a volatile supply chain, influencing everything from ingredient availability to menu pricing strategies.
The discussion included food, beverage, nutrition, lifestyle and unique aspects of boutique and high volume foodservice. Culinary methods and sources of inspiration for menus and venues were also part of this group’s discussion. Food trucks that bring food to patrons where they live and work has become a part of everyday life.
Few scenarios strike more fear into a restauranteur’s heart than the prospect of serving food to patrons that makes them sick. However, even with the greatest attention to food safety, there is no single way to eliminate all foodborne illness because its sources are numerous and diverse. Regulatory Requirements.
From full service to fast-casual to legacy fast-food brands, the one constant was disruption. Labor shortages and other factors are affecting the global supply chain in never-before-seen ways, and certain commodities are intermittently not available, or if they are, they’re expensive.
We are seeing these healthy living trends impact both menu offerings, with a continued rising interest in plant-based offerings and functional beverages, as well as food packaging, with increased consumer concern around chemicals like PFAs. Personalized Branding: Creating Unique Experiences Personalization is a key theme in 2024.
Fast-food chains, grappling with economic pressures, embraced self-service kiosks, while the rise of secure mobile payment platforms responded to the imperative of enhancing transaction security. And by the time Q4 is reported in January 2024, it will likely be down. Non-members are declining in frequency or going away altogether.
Components of a restaurant’s financial report The food and beverage sales report, prime costs report, inventory report, profit and loss (P&L) statement, and cash flow statement are all critical components of a restaurant's financial management. This way, you maintain your restaurant’s reputation for quality food.
The cost of goods sold (COGS) is a restaurant metric that shows you the cost of all ingredients used to prepare a menu item, including the food, beverage costs, and other direct expenses. The prices of ingredients can fluctuate due to several factors, including seasonality, supply chain disruptions, and changes in demand.
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content