EATER

NOVEMBER 12, 2021

Given the emphasis on design, it’s unsurprising that some of these things can be found at home goods stores like Superior Merchandise (a sister brand of distillery Yesfolk ) in Troy, New York, and Yowie in Philadelphia. Or maybe they’re things that you can buy online, but you didn’t even know existed.

Retail 260

Retail Consumer Goods Merchandise Online Ordering 260

Restaurant365

MARCH 10, 2022

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. First, let’s break down the two types of inventory costing, Actual and Theoretical. Theoretical Variance. Actual Food Cost (COGS).

Inventory 78

Inventory Management Management Merchandise 78

7 Shifts

JULY 16, 2021

Many coffee shops also sell pastries such as croissants, muffins, cookies, and brownies for guests to enjoy alongside their beverages. Shelving if you're selling merchandise like hats or t-shirts. It should be flexible, allowing for integrations with either restaurant tech like online ordering, scheduling, and inventory management.

License 459

License Hiring Equipment Small Business 459

The Restaurant Times

AUGUST 31, 2020

Most of the time, beverage costs are not included and counted separately. Beginning Inventory + New Inventory Purchased – Ending Inventory = Total Food Usage in a particular period. . The period cost can determine food cost, beverage costs, and merchandise cost. Importance Of Food Cost Formula.

Inventory 52

Inventory Management Management Food 52

Modern Restaurant Management

MAY 12, 2020

The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When "When we originally kicked off the campaign, we had no idea that it would resonate on such a global scale," said Helen Patrikis. "It's franchisees for use in their restaurants.

Mobile Ordering 376

Mobile Ordering Online Ordering Food Order Hospitality 376

Open for Business

SEPTEMBER 2, 2024

It’s helpful for understanding your restaurant profitability, and there are two main types you need to consider: Gross profit margin measures profit from food and beverage sales before accounting for operating expenses. Cost of goods sold (COGS) i ncludes ingredient and beverage costs. Embrace AI.

Point of Sale 78

Point of Sale Seasonal Menu Customer Service Small Business 78

Clover - Restaurants

MAY 30, 2024

Lastly, by offering additional services like catering or selling merchandise, restaurants can more efficiently use their existing kitchen space, staff, and inventory, maximizing their resources throughout the day or week. Merchandise Selling hats, tote bags, and t-shirts with your restaurant name has two benefits.

Merchandise 52

Merchandise Catering Kitchen Safety Cash Management 52

Notch

JANUARY 23, 2019

Alcoholic beverages average out around 20%. Conduct daily inventories. Unfortunately, employees or even suppliers and other guests may help themselves to your inventory in all sorts of ways if the opportunity arises. You may wish to also offer delivery, take reservations, and/or sell merchandise. Use purchase orders.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

The Restaurant Times

OCTOBER 5, 2020

Gross Revenue is the sales revenue generated by selling food, beverages, and merchandise plus additional gains, i.e., income from a transaction that doesn’t come from regular business operations. Employ a POS system that comes with comprehensive recipe management and inventory management features.

Operations 52

Operations Equipment Merchandise Food Order 52

Apicbase

MARCH 28, 2024

In this guide, we’ll examine the definitions and calculations for different types of restaurant profit margins and discuss the best ways to improve them through better inventory and purchasing management, tech integrations, and analytics. However, beverage sales offer a financial boost, yielding higher profits than food sales.

Food Truck 52

Food Truck Front of House Allergens Inventory 52

The Restaurant Times

DECEMBER 22, 2021

The pandemic has changed the world, and it has brought significant changes to the food and beverage industry as well. A steady increase in the number of customers and order frequencies meant a steady increase in the GMV (gross merchandise value) of restaurants. . As a result, thousands of carry-out dining establishments open daily. .

License 52

License POS Loyalty Program Point of Sale 52

Rocket Fuel

JULY 12, 2022

The cost of goods sold may be the most important part of this section because inventory makes up such a large part of your costs. Call out your food and beverage costs, separating alcohol if you sell it. If you sell merchandise, list that too. If your store caters, include a line item for catering costs. Don’t do nothing.

Cash Management 52

Cash Management Download Merchandise Audits 52

Aaron Allen & Associates

MARCH 29, 2024

Coffee and Snack chains are among the most frequent innovators, with Krispy Kreme, Dutch Bros, Dunkin’, Starbucks, and Tim Hortons leading the pack — especially with a focus on LTOs for beverages. The menu’s design has a direct impact on operational aspects, including kitchen workflow, inventory management, and labor costs.

Innovation 52

Innovation Menu FOH Customer Experience 52

BNG Point of Sale

AUGUST 27, 2021

To calculate your restaurant’s gross profit, you need to subtract the total cost of goods sold (COGS) for a specific period from your total revenue (your total food, beverage, and merchandise sales). For example, let’s say John Doe Bar’s total sales from July to September 2020 were $1.25

Point of Sale 52

Point of Sale Customer Service Social Media Online Ordering 52

Notch

JANUARY 23, 2019

Alcoholic beverages average out around 20%. Conduct daily inventories. Unfortunately, employees or even suppliers and other guests may help themselves to your inventory in all sorts of ways if the opportunity arises. You may wish to also offer delivery, take reservations, and/or sell merchandise. Use purchase orders.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Apicbase

JUNE 16, 2023

By regularly tracking his inventory and procurement metrics, Fabio was able to reduce his kitchens’ food costs by 18%. Get a 360-view of your sales & inventory data Adopt restaurant analytics software. It includes the cost of ingredients, packaging, and other costs associated with producing the food and beverages.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Mad Mobile

MARCH 1, 2024

These visuals not only enhance the dining experience but also present a golden opportunity for guests to discover and crave appetizers, desserts, or beverages they might have overlooked otherwise. For instance, CAKE easily integrates with Orca , a leading inventory management system. Tablets bring new possibilities to the table!

Seasonal Menu 40

Seasonal Menu POS Customer Experience Loyalty Program 40

Apicbase

OCTOBER 14, 2022

This number reflects the unit’s total food, beverage, and merchandise sales through all the different revenue streams. To calculate your actual food cost, add the value of your starting inventory and your purchases, and then subtract the value of your ending inventory from the total. What is revenue? Why should you care?

Franchising 52

Franchising Franchise Online Ordering Loyalty Program 52

Modern Restaurant Management

NOVEMBER 1, 2024

Turning Tides: Restaurants Continued Navigativating Inflation In response to inflation, operators said they: adjusted food suppliers (37 percent), tracked ingredient prices (36 percent), increased menu prices (34 percent), managed a leaner inventory (32 percent), and reduced their menu sizes (26 percent). The average ticket size grew by 2.6

Point of Sale 221

Point of Sale 2024 Mobile Ordering Consumer Goods 221

Modern Restaurant Management

DECEMBER 30, 2020

While restaurants looked after frontline workers, diners lended their own efforts to support restaurants and their staff in 2020, offering donations, gift cards, tickets towards online classes and merchandise purchases. January is an infamously slow period for beverage alcohol sales after the fourth quarter holiday rush.

2020 528

2020 Merchandise Retail Point of Sale 528

Modern Restaurant Management

OCTOBER 8, 2020

The key technical and design features include: RGB depth camera provides real-time monitoring of the robotic arms as well as beverage status. Revel Enterprise also simplifies and automates how Pizza King calculates ingredient-level inventory and labor costs. Always-on light indicator displays the robot’s working status.

Kitchen Safety 386

Kitchen Safety Online Ordering Food Safety Point of Sale 386

SpotOn

DECEMBER 30, 2024

Gross profit margin subtracts only the Cost of Goods Sold (COGS) to determine the profitability of your food and beverages, while net profit margin subtracts all your costs to determine the profitability of your entire operation. Your Cost of Goods Sold are your food and beverage costs along with the cost of any merchandise you sell.

Operations 52

Operations Loyalty Program Online Ordering Fast Casual 52

Restaurant365

MAY 7, 2020

This will streamline your inventory and give you better visual access to your shelves. Do not refill beverages at the table or from common containers (e.g., Place extreme focus on creating smart hours of operation, labor control, ordering, and inventory and ensure that your management team is in perfect sync.

Food Safety 142

Food Safety Cash Management Social Media Point of Sale 142

Modern Restaurant Management

APRIL 1, 2025

Technology : Operational tech adoption is growing, with 50 percent of restaurants using automated payroll and inventory tools to improve efficiency and operators are optimistic about technology’s role in the future of the industry. Non-alcoholic beverages, with a 5.6 This raised to over half (58 percent) for 21-34 year olds.

Pricing 251

Pricing Technology 2025 Point of Sale 251

Modern Restaurant Management

APRIL 29, 2025

Dutch Bros came out on top in every category, including customer service, in-store experience, value, drinks, lattes, iced coffee, cold brew and frozen beverages. Dr. Pepper is the number one favorite beverage brand followed by Coca-Cola and Gatorade. percent for Starbucks, 4.3 percent for Dunkin’ and 2.6 percent for Dutch Bros.

Reservations 488

Reservations 2025 Marketing Loyalty Program 488

Modern Restaurant Management

JULY 1, 2021

The pandemic allowed more restaurants across the country to deliver alcoholic beverages, and that trend continued into 2021. These establishments offer a wider variety of beverages (82 to 78) and superior beverage quality (84 to 81). Concierge experience from their seat (mobile-enabled ordering for food/beverage) (34 percent).

2021 386

2021 Loyalty Program Mobile Ordering Consumer Goods 386