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The pros and cons of raising your retail coffee prices

Perfect Daily Grind

Coffee prices have soared over the past few years, pushing roasters, independent cafés, and specialty coffee retailers into challenging territory. I spoke to Darleen Scherer at Black Sheep and Kirk Pearson at Project Zero Coffee to discuss the pros and cons of raising retail coffee prices and how price hikes could impact consumer behaviour.

Pricing 78
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Digital Marketing Tips to Attract More Valentine’s Day Diners

Modern Restaurant Management

The National Retail Federation estimates that 41 percent of consumers will celebrate Valentine’s day with a special dinner or celebration at home. This article includes some simple digital marketing strategies that restaurants can quickly implement ahead of the Valentine’s Day holiday.

Marketing 553
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How Restaurants Can Protect Themselves From Cyber Attacks

Modern Restaurant Management

Cybersecurity for restaurants is more important than ever because IT is an increasingly important part of both the restaurant sector and of retail more generally. Leading restaurants are teaming up with tech brands in order to offer their customers a better service, but many remain unaware of retail’s unique security challenges.

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MRM EXCLUSIVE: Fast Food Has Become a Hi-Tech Job

Modern Restaurant Management

The hi-tech workforce has expanded into factories, warehouses, ecommerce delivery fleets, and this article’s focus: quick serve restaurants. Restaurant and retail employees were hard to come by while the number of channels for interacting with customers multiplied.

Food 474
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Navigating the Supply Chain in the Restaurant Industry

Goliath Consulting

We saw customers stockpiling on groceries and supplies in homes instead of going out to eat, raising retail sales by 29 percent over the previous year (1). A lack of communication is possibly the most overlooked problem affecting the supply chain. You can read our original article here (10). Communication.

Supplies 414
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Franchising in the Metaverse: With Great Promise Comes Great Responsibility

Modern Restaurant Management

This article takes a closer look at some of the risks associated with franchising in a virtual world and what businesses should be doing to prepare. Finally, because some metaverse users will be minors, there is an imperative need to prevent abuse in user-to-user communications on brand property.

Franchise 419
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MRM Research Roundup: Destination Dining, Voice Commerce, and the Force of Fast Food

Modern Restaurant Management

The Food Access and Retail Expansion Fund (FARE Fund) is paid for by the American Rescue Plan Act. More than a quarter (28 percent) are using AI for marketing and social media, while 24 percent are using the technology for written communications. Today, 38 percent of SMBs are leveraging AI in one capacity or another. in the U.S.