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This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the present and future of AI use in F&B, The Splintered Path to Purchase, the Datassential 500 Awards, and where chefs are earning six figures. chain sales grew just 3.1 At the same time, U.S. percent in 2024 — falling short of the 4.1
Running a successful restaurant isn’t just about great food and service—it’s also about smart financial management. Restaurant accounting tips plays a crucial role in tracking expenses, managingcash flow, and maximizing profitability. You cannot manage your restaurant properly without going into the accounting details.
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In today’s fast-paced restaurant industry, speed and simplicity are everything—especially at the point of sale. This collaboration introduces a restaurant POS system with integrated payments , combining advanced point-of-sale technology with secure, unified payment processing. The result? Khatri, CEO of Lavu.
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This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Grubhub's State of the Plate 2020 trend report, the fragility of "open," di g ital resilience and brand intimacy. See the latest sales and traffic results here: Sales Improve but Restaurants Should Brace Themselves for Challenges Ahead.
CGA’s latest sales data reveal significant increases compared to performance in 2020, during one of the worst periods of decline when full lockdown restrictions were in place. The average $ sales velocity for units across America were down -6 percent compared to the week before (April 17 v April 10). The Value of Trust.
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In 2025, embracing cryptocurrency isn’t just a tech trend—it’s a strategic move to attract new-age diners, streamline transactions, and stand out in a competitive market. Right now, restaurant owners are faced with an adoption decision as it relates to accepting crypto payments with a crypto point of sale system. Unlike the U.S.
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lb in February 2025. According to a new UN FAO report, it will take almost a year for consumers to feel the effects of price spikes , most of which will impact cheaper coffee sold in supermarkets and convenience stores. Specialty coffee operates outside the C market, but it is heavily influenced by broader market movements.
Better Loss Prevention in 2025 Three steps QSRs can take right now for easier workflow and better results by Rachel Auer As we enter a new year, loss prevention continues to be one of the most popular topics of conversation among QSR owners. Step 1: Start recovering more delivery losses. YOY and hit a six-year low Delivery is up 29.8%
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Eight months after the acquisition by Capriotti’s, Wing Zone is rolling out a brand refresh which features technology upgrades, a revamped menu, an energized restaurant design and experience, a new logo and other assets designed to further position the brand as one of the undisputed leaders in the chicken wing category.
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Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Allen Named CEO at Checkers & Rally's. She is an accomplished leader in the restaurant industry.
Since its inception in mid-March, more than 500 restaurants around the world have joined the program and are reporting sales ranging from several thousand dollars to up to $60,000. The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When
Running a successful restaurant in 2025 means more than just great food—it requires smart financial decisions. This guide breaks down 28 proven strategies that help cut unnecessary expenses, streamline operations, and boost profitability—whether you manage a small café or a multi-location chain.
In this post, well break down five clear signs that your point-of-sale system is holding your restaurant backand what you can do to fix it. Disconnected Systems : Managing multiple order sources without integration causes confusion. Outdated Sales Data : Delayed reporting prevents real-time decisions that boost profits.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. More Tropical in Colorado.
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New Hartford, NY January 2, 2025 PAR Technology Corporation (NYSE: PAR) (PAR Technology or PAR), a global foodservice technology company, today announced its acquisition of Delaget, LLC (Delaget), a leading provider of restaurant analytics and business intelligence solutions. The transaction closed on December 31, 2024.
Well cover everything from automation to IT management, with examples tailored for POS users. Pull sales reports to see if slow days are dragging down cash flow, or check inventory logs to spot overstocking issues. Ask your team too; theyll often point out clunky processes, like manual data entry, that numbers alone might miss.
Well cover everything from automation to IT management, with examples tailored for POS users. Pull sales reports to see if slow days are dragging down cash flow, or check inventory logs to spot overstocking issues. Ask your team too; theyll often point out clunky processes, like manual data entry, that numbers alone might miss.
A traditional point of sale (POS) used to be a restaurant billing software that processed orders and produced receipts. But as cloud technology developed, the basic POS system transformed into a full-fledged restaurant management system. In fact, by 2025, the cloud POS market is expected to reach $6 billion. Read along!
Escoffier is aiding restaurant owners and managers by preparing qualified candidates ready for engaged employment. This shift ensures that operations run smoothly, and sales revenue is optimized. Whether it’s speeding up order times, improving inventory management, or boosting loyalty programs, every tool should serve a purpose.
Both 2025 and 2026 will see the minimum wage increase annually by $0.50, bringing the ultimate state minimum wage to $17 in New York City, Westchester, and Long Island and $16 in the rest of the state. Tipped food service workers can be paid a cash wage of $10.65, with a tip credit of $5.35, bringing the total pay per hour to $16.
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As consumers ramp up their event planning, operators should continue to leverage connected technology solutions to ensure the event booking and management process is streamlined and as user-friendly as possible. Event Planning Is Back. consumers to better understand their feelings about planning events in 2021.
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