Modern Restaurant Management

APRIL 10, 2024

But if last year was any indicator, restaurant operators are on the road to relief in 2024. In 2024, we expect these trends to shape the restaurant sector. Adapt to Growing Price Fatigue Since the pandemic, controlling food costs has been a major challenge for restaurant operators. Full-service menu prices climbed 4.5

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2024 2023 Loyalty Program Point of Sale 196

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. This agility is crucial for staying relevant in a market where culinary innovation is critical.

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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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2024 2023 Food Order 2013 189

Mad Mobile

JANUARY 23, 2024

The retail trends and predictions of 2024 include the following: Hybrid seamless shopping is here to stay Retailers improve efficiency with AI Gen Z and Alpha are reshaping retail commerce Resale boom Optimizing fulfillment 1. With predictive AI, you can analyze vast datasets and forecast future trends.

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Retail 2024 Social Media Online Ordering 52

The Rail

DECEMBER 20, 2023

As 2023 fades and 2024 emerges, we have seen the writing on the wall and offer you three trends worth considering for your annual planning. We believe these are opportunities for you to be ahead of a trend that will benefit your business over the course of 2024. Let’s look into our crystal ball for 2024.

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Mad Mobile

FEBRUARY 22, 2024

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. Available restaurant technology is already reshaping the way your guests experience dining in 2024.

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2024 Technology Customer Experience Dietary Restrictions 40

Modern Restaurant Management

DECEMBER 21, 2023

In 2023, we saw sellers increasing throughput utilizing the “experience creates consumption” strategy and we predict an increase in draft program profitability in 2024 as more on-premise professionals embrace the needs of the highly coveted craft beverage loyalists.

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Modern Restaurant Management

JANUARY 2, 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. Just as the transition to renewables and electric vehicles has thrived on collaborative efforts, we foresee more collaboration for the cultivated meat industry in 2024.

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Modern Restaurant Management

JANUARY 22, 2024

Sustainability: A Menu with a Dash of Environmental Conscience Sustainability is the new expectation as modern diners are growing increasingly ecologically conscious. Using eco-friendly procedures in your restaurant’s operations will demonstrate your dedication to sustainability.

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Loyalty Program Dietary Restrictions Mobile Ordering Social Media 181

Modern Restaurant Management

FEBRUARY 7, 2024

They drive the demand for clean labels, responsibly sourced ingredients and sustainability. According to a National Restaurant Association Show presentation, Gen Z consumers care more about authenticity, convenience and aesthetics than price value. Gen Z demands transparency and ethical practices in the food industry.

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Social Media Customer Experience Influencer Dine-in 197

Modern Restaurant Management

DECEMBER 28, 2021

For example, a CBS MoneyWatch article from June of this year cited several well-known fast-casual brands' move to boost prices as much as 4 percent to help offset higher labor and other costs. More recent price increases have nearly doubled this number. For example, Aloha Poke’s concept does not require staff to man a 30 ft.

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Perfect Daily Grind

MAY 5, 2023

Mon, 1 May Westrock Coffee publishes 2022 Sustainability Progress Report. The report highlights the company’s key environmental and social sustainability activities from last year, including increasing global purchases of certified and verified responsibly-sourced coffee by 9% – amounting to an increase of over 19.5 million lbs.

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Perfect Daily Grind

FEBRUARY 3, 2023

The campus is set to host its new Engaging Talks series, which starts with The new role of the company in the territory: how to build a successful, sustainable, innovative company. Rabobank International anticipates that consumers are likely to keep paying higher prices for coffee in 2023. Chemex launches new eight-cup ChemAer.

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Perfect Daily Grind

MAY 26, 2023

SCA launches survey for its Sustainable Coffee Agenda. Robusta futures closed at US $2,629 on Monday – the highest price since 2008. Reuters reports that the weather phenomenon – which disrupts rainfall and temperature patterns, and is expected to develop in the second half of 2023 – could decrease supplies and raise prices of robusta.

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2023 Workshop Café Events 112

The Wine Knitter

JANUARY 7, 2024

Are you ready to embrace 2024? They have 350 hectares of estate-owned vineyards and are committed to sustainability in the vineyards and the winery. It is nicely balanced and good value for the price! Happy New Year! I certainly am! Etna and Alentejo, a Bulgarian dream tour, and lots of wine from around the world!

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Modern Restaurant Management

AUGUST 16, 2023

Despite potential price increases, food service businesses can still generate creative strategies to bolster foot traffic and drive sales. As the future of data-driven customer experiences evolves, brands must adapt to changes like Google's plan to remove third-party cookies by 2024.

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Loyalty Program Mobile Ordering Dietary Restrictions Point of Sale 167

Modern Restaurant Management

MARCH 20, 2024

Scaling and Attracting Investors To effectively scale a multi-unit restaurant business in 2024, courting investors is often necessary. Is growth coming only from price increases and therefore, higher AOV or is the restaurant doing a better job of upselling and generating more revenue from every transaction?

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2024 Cash Management Food Sustainability 180

Apicbase

FEBRUARY 29, 2024

To give you the full picture of the positives and negatives of what lies ahead for 2024, we combed through dozens of recent industry reports and compiled a list of 93 restaurant industry statistics. Restaurant Industry Stats 2024 – Our Top 10 10 restaurant industry stats for 2024 to keep in mind. Let’s dig in.

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Perfect Daily Grind

JUNE 9, 2023

over the past 12 months, and estimates that capsule machine sales, as well as sales of home filter and espresso machines, will continue to grow in 2024. Nestlé launches pilot scheme to pay farmers in cash for more sustainable coffee. The plan offers financial support to farmers who want to adopt more sustainable farming practices.

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Modern Restaurant Management

APRIL 1, 2024

Despite a general decline in dining frequency, families have shown resilience and an increased appetite for dining out, according to Revenue Management Solutions' Q1 Consumer Survey, “ Dining Dynamics in 2024: The Shifting Landscape of Consumer Tastes.” Strategies for Attracting Family Business Given a -2.1 Amp up your app.

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Modern Restaurant Management

DECEMBER 20, 2023

With growing awareness of climate change and sustainability, some restaurants were seen as lagging in adopting eco-friendly practices and minimising their carbon footprint. And by the time Q4 is reported in January 2024, it will likely be down. As of midyear, platform menu pricing was 19 percent above first-party menu pricing.

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2023 Loyalty Program Mobile Ordering Consumer Goods 197

Perfect Daily Grind

APRIL 7, 2023

Tue, 4 Apr Price of Brazilian robusta recovers in late March following three weeks of devaluation. CEPEA reports that increased demand helped robusta prices recover during the last week of March, following three weeks of devaluation as a result of low purchase volumes and a decline in international coffee prices. Take a look.

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Modern Restaurant Management

FEBRUARY 10, 2020

Expanding menu offerings to include JUST Egg further speaks to Sodexo’s commitment to quality ingredients, health, sustainability and addressing evolving consumer dietary preferences. “Sodexo’s Sustainable Diets Strategy in North America has resulted in a number of benefits and innovations for our clients and customers.

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Hospitality Food Consumer Goods Point of Sale 183

Perfect Daily Grind

JUNE 7, 2023

WCR has stated that the potential robusta breeding programme will be a “significant undertaking”, and that the initial stages will begin in 2024. If this is the case, we could see robusta stockpiles decrease over the next few years, which in turn would increase prices. So, does specialty coffee need to care more about robusta?

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Agriculture 2023 2050 2022 154

Perfect Daily Grind

APRIL 8, 2022

Fairtrade International announces new Living Income Reference Price for Indonesian coffee producers. The Living Income Reference Price is offered as guidance for companies wanting to pay living wage incomes in their supply chains. Fairtrade launched its first Living Income Reference Price in 2021 for Colombian farmers.

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Modern Restaurant Management

DECEMBER 19, 2023

.” Throughout 2023, we’ve seen our guests approach value holistically, and we believe this will only continue into 2024. While the cost of a single menu item or a full ticket is still a priority for guests, the concept of value is no longer just about price.

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2023 Front of House Customer Experience Customer Service 117

Perfect Daily Grind

MARCH 3, 2023

In a press release, the organisation states the Ethiopian Tea and Coffee Authority made the decision to suspend and postpone all operations for the 2023 CoE Ethiopia competition and auction “due to numerous issues within Ethiopia” ACE says it is focusing on 2024 CoE Ethiopia events in the meantime.

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2023 Certification 2022 Events 126

Modern Restaurant Management

MARCH 3, 2023

Key findings illustrating the industry's economic conditions include: Growth will continue : The foodservice industry is forecast to reach $997 billion in sales in 2023, driven in part by higher menu prices. Consumer spending at foodservice outlets was up 4 percent due to higher prices, reports The NPD Group*.

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2023 2022 Consumer Goods Point of Sale 203

Apicbase

JANUARY 13, 2023

To combat inflation in 2022, 39% of restaurants started tracking the price of key ingredients; 22% adjusted the number of vendors; 36% increased menu prices. In 2022, operators faced a myriad of macroeconomic issues — labour shortages and high wholesale food prices — that have made turning a profit difficult. from 2021).

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2023 Operations Management Management 52

Modern Restaurant Management

FEBRUARY 1, 2021

“What’s incontrovertible is that the 2021 Customer Loyalty Engagement Index confirms brands that best meet consumers’ expectations, and are capable of sustaining emotionally engaging relationships, always see enhanced loyalty – and the market share and profits that come with it,” added Passikoff.

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2021 Point of Sale Guest Recovery Travel 133

Perfect Daily Grind

FEBRUARY 10, 2023

International Coffee Organisation says coffee prices remained stable during January 2023. Despite a decline in global exports, the organisation reports that the ICO Composite Indicator Price fell by 0.1% Gruppo Cimbali announces recipients of its SCA Coffee Sustainability Programme scholarship. from December 2022.

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2023 Pricing White Paper 2022 122

Modern Restaurant Management

DECEMBER 31, 2019

They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more. Low priced / value perceived / big ticket items brought down to a fixed low price. percent by 2024, and 2020 will be a catalyst year that could drive that number up.

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2020 Kitchen Safety Consumer Goods Point of Sale 138

EATER

FEBRUARY 16, 2024

Where to find the best food around the world in 2024 There’s a big world of food out there and it’s never been easier to taste all of it. All 12 culinary destinations on this list are hitting their strides in 2024, according to our global network of on-the-ground contributors, making them obvious choices for hungry travelers.

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2024 Tourism 2023 Fine Dining 98

Modern Restaurant Management

JANUARY 31, 2020

The weakest business categories varied by type and price point, and included stores selling mobile phones, shoes, and appliances. Sustainability. Packaging : The concern the public has with plastic pollution is putting pressure on food companies to find sustainable alternatives. Choosing Sustainability. Tastewise?,

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2020 Loyalty Program Point of Sale 2019 192