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Coffee News Recap, 16 Dec: ICO lowers coffee consumption growth forecast to 1% to 2% until 2030, CEPEA says more rainfall needed in Brazil for successful 2022/23 harvest & other stories

Perfect Daily Grind

International Coffee Organisation lowers growth forecast of global coffee consumption to 1% to 2% until 2030. The La Colombe Workers Union says the majority of employees at the Gold Coast and West Loop locations have agreed to hold a union election through the National Labor Relations Board. Tue, 13 Dec.

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The Ultimate Guide To Restaurant Profit Margin

The Restaurant Times

As opposed to profit, which is demonstrated as a dollar amount, your restaurant’s profit margins are its profits represented as a percentage of annual sales. As opposed to profit, which is demonstrated as a dollar amount, your restaurant’s profit margins are its profits represented as a percentage of annual sales. Read along!

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COVID-19 Restaurant Industry Trends

The Restaurant Group

million employees (as of 2019), both of which have been especially hard hit by the necessary restrictions. According to Euromonitor , ghost, or “virtual”, kitchens could be a $1 trillion business by 2030. These challenges have been especially taxing on the restaurant industry and its more than 13.5 Rise of Ghost Kitchens.

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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

Topline numbers show robust restaurant sales growth during November. Same-store sales growth was 1.6 percent in November, which represents the third consecutive month of positive sales growth and the strongest since January. Thanksgiving typically represents lower sales volumes for most industry segments.

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A Virtual Expansion and Tech Teaming

Modern Restaurant Management

In this edition of MRM News Bites, we feature The Local Culinary, Ordermark and DoorDash, Lavu and Omnivore, Revel and 7shifts, Tocaya Organica and Postmates, bd’s Mongolian Grill and Lightspeed POS. Local Culinary Expanding. Led by Alp Franko, The Local Culinary also expanded from eight to 20 concepts, based on popularity and demand.

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MRM Plant-Based: Good Food Scorecard and Healthier Hospital Food

Modern Restaurant Management

broadline foodservice sales of plant-based meat have grown 37 percent in the past year. Despite skyrocketing demand for plant-based food across the U.S., 42 of the country’s favorite fast food and restaurant chains still don’t offer a plant-based entrée, according to a report released today by The Good Food Institute (GFI).

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State of the Industry and More Restaurant Research

Modern Restaurant Management

In a State of the Restaurant industry report, the Natiional Restaurant Association sees a return to normal with predicted sales growth in 2023. Other top research lists how impactful the Super Bowl was for restaurants, the state of gift cards and top pizza cities. million by the end of 2023.

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