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Culinary and Cocktail Trend Forecasts Kimpton is returning with its annual Culinary + Cocktail Trend Forecast highlighting predictions from its global team of restaurant and beverage talent. ” Guests will have the opportunity to experience many of these trends come to life at Kimpton restaurants and bars across the globe.
Where to Tap into Hidden Revenue If you want to boost profits, the quickest way isn’t to raise menu prices or cut portions, it’s to go straight to the source of your costs: manufacturers, distributors, and beverage companies. Stop Overpaying Your Distributors In 2024, Sysco reported a gross profit of $14.6
Go digital for increased loyalty and sales. Winning restaurant brands have two things in common in this environment: digital transactions account for a majority of overall sales and they’ve won over the still-buying younger generations. In 2024, restaurant traffic slowed while price sensitivity grew. Recurring customers.
It would be a safe bet that every diner has had a frustrating experience with inconsistent service based on a poor counter engagement, outdated menu board, incorrect order notes – and the list goes on. Analytics are critical to help restaurants gain visibility into traffic, order makeup, sale insights, inventory, and more.
Most of these increases in costs will be passed on to the consumer by higher menu prices. If the 200-percent tariff increase goes into effect for European wines, those items will be virtually priced off the menu and will be unaffordable for the average restaurant guest. The EU could also impose tariffs on additional categories of U.S.
When going through the ordering process, diners want three things: Speed Ease Clarity Your menu categories have more to do with delivering on those expectations than you might think. A well-organized menu—whether it’s a physical menu or an online menu—guides guests quickly to what they’re craving.
Restaurants less so How the owner of Krystal and Logan's Roadhouse makes it work Financing Olive Garden sales surge on delivery and free take-home meals Same-store sales rose 6.9% Same-store sales at the Italian casual-dining chain spiked 6.9% same-store sales decline in the same quarter a year ago.
In response to rising food costs, 56 percent of respondents said they planned to increase menu prices, down from 61 percent earlier in the year, and 18 percent said they doubled down on inventory and waste tracking, up two percentage points.
Steady Online Ordering Brings Food Waste, Donations to the Forefront of Priorities Ordering food online increases restaurant sales, but it also can potentially increase wasted food if proactive measures aren’t taken – for both the business and consumers at home.
Quick-service restaurants maintain a steady customer satisfaction score of 79 (on a 100 point scale), while full-service restaurants — despite slipping 2 percent to 82 — remain one of the highest-rated industries in the Index, according to the American Customer Satisfaction Index (ACSI®) Restaurant and Food Delivery Study 2025.
Continue to Site >>> Menu KFC and Pizza Hut continue to struggle in the U.S. Both fast-food chains’ same-store sales fell 5%, while Habit Burger and Grill’s sales also declined. Taco Bell’s same-store sales rose 4%. same-store sales declined 5% in the second quarter. Same-store sales at KFC declined 5% in the U.S.
A spike in food costs, a drop in sales volume, or one slow season can wipe out months of hard work. A spike in food costs, a drop in sales volume, or one slow season can wipe out months of hard work. That includes the ingredients and packaging for your menu items, but not things like rent and payroll. added up to $60,000.
Tracking it correctly will: Reveal accurate profit margins Help set profitable menu prices Flag operational problems Support better budgeting Help you stay competitive Yet, despite its importance and the advantages of using it, many operators don’t calculate it regularly or aren’t confident they’re doing it correctly.
07, 2025 Facebook Twitter LinkedIn Dutch Bros has thrived in recent quarters amid consumer enthusiasm for cold beverages. Drive-thru beverages are apparently immune to whatever is ailing the U.S. Dutch Bros, the Grants Pass, Oregon-based drive-thru beverage chain, on Wednesday said that its same-store sales rose 6.1%
By Lisa Jennings on Aug. 11, 2025 Facebook Twitter LinkedIn The classic Cubano at Zaza. Photo courtesy of Zaza Cuban Comfort Food. Ruben Perez’s father was a chef from Cuba, and he was a good one. But when he was 22 and attending university in Central Florida, Perez said he saw the huge influx of Hispanics in the region. “So He opened a bakery.
Everyone deserves a drink at a bar, even if that beverage does not include alcohol. Let's dive into the mocktail trend, looking at how it differs from typical non-alcoholic drinks like a virgin Mojito, and the best ways for a bar to include mocktails on their menu. Ask any bartender and they'll say the same exact thing.
The of-the-moment menu updates are part of sweeping rebrands at the two chains under owner Ascent Hospitality Management. The of-the-moment menu updates are part of sweeping rebrands at the two chains under owner Ascent Hospitality Management. Systemwide sales fell 5.3% But they have receded over the years.
Knowing the true cost per serving means you’re not guessing where to set menu prices. Knowing the true cost per serving means you’re not guessing where to set menu prices. Knowing how to cost a dish is one of those “absolutely must-have” skill sets for restaurant owners. It’s just part of the job. Every smart pricing move starts here.
The pandemic was in full swing, and we got really busy, like 300-400 DMs whenever we dropped a menu,” he said. By Lisa Jennings on Jun. 27, 2025 Facebook Twitter LinkedIn Jeff's Bagel Run has 15 units open, expecting to reach 30 by the end of the year. Photo courtesy of Jeff's Bagel Run. It all started during the pandemic shutdown.
Hacienda La Esmeralda won all three main categories, a first for the competition, and achieved record-breaking scores of 97 and 98 points for its natural and washed Geshas, respectively. With scores of 97 and 98 points, we may see a new world record for coffee prices in just a few months. The BoP auction will take place on 6 August.
Cost of Goods Sold (COGS) Cost of Goods Sold tells you how much it actually costs to make the food and beveragesales you sell. This includes kitchen ingredients, beverages, and packagingbasically, all of your raw materials. Key performance indicators (KPIs) are the numbers that tell you how your restaurant is actually doing.
deals this week as fast-food pizza chains work to reverse stubbornly weak sales. deals this week as fast-food pizza chains work to reverse stubbornly weak sales. deals this week as fast-food pizza chains work to reverse stubbornly weak sales. deals this week as fast-food pizza chains work to reverse stubbornly weak sales.
Continue to Site >>> Menu C-stores are stealing fast-food tactics. Not quite yet An easy way to bring bold Korean flavors to modern menus From BBQ to beverages, menus are seeing a lot of action Food C-stores are stealing fast-food tactics. In-store sales at convenience stores hit a record $335.5
Gen Z consumers, in particular, are reshaping the coffee landscape with their willingness to spend more on personalised, premium beverages that reflect both their tastes and values. With the rise of mobile ordering apps and digital menus, customers now expect the ability to tailor their drinks with a wide variety of options.
billion transactions and $67 billion in sales in 2024. Companies saw a sales boost in 2024 as loyalty transactions increased by over 30 percent. This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features delivery data, tariff troubles, summer dining trends, and Beer Serves America.
How would you recommend menu items to guests to enhance their dining experience? Have you ever handled a situation where a customer asked for a dish not on the menu? What techniques do you use to upsell menu items or drinks? Hiring the right wait staff is one of the most critical decisions for any restaurant owner.
So much data is generated at every point within a restaurant, whether fast casual or fine dining. Foot traffic or heat mapping, menu item engagement, or consumer demographics by time of day. And the digitization of operations over the past few years means that the industry is getting better at capturing that data.
If you’re looking to make the most of this high-energy day, here are 8 restaurant promotion ideas to help you stand out and drive sales. Design Team-Inspired Menus Add some fun to your menu by creating special dishes or drinks that represent each of the competing teams.
Its vivid green hue has become the ideal canvas for highly customised beverages, particularly popular with Gen Z consumers, who are increasingly using their drink choices as a form of self-expression. The ideal canvas for beverage customisation? In 2023, matcha-based drinks saw a 202% increase in sales in the UK alone.
They are popping up more often in conversations this year, and they point toward deeper trends in the restaurant tech market. By Joe Guszkowski on Jun. 23, 2025 Facebook Twitter LinkedIn The restaurant tech vocabulary keeps expanding. Image by Nico Heins/Midjourney Want to sound smart at the next restaurant tech cocktail party?
Kfoury is the founder and CEO of Naya, a 37-unit fast-casual concept with a Lebanese menu that recently announced a significant investment that sets the New York-based chain up for a new phase of growth. Kfoury hopes to get to 200 units by 2030, and Cava has projected it will reach 1,000 by that point—both without franchising.
It gives them another product to offer restaurants, for one, but the strategy also promises to increase sales and traffic, which many operators badly need. How impactful will it be? By Joe Guszkowski on Aug. 12, 2025 Facebook Twitter LinkedIn Who are these people, and what do they want? Restaurant tech is working on it.
Those priorities include increased marketing and sales efforts alongside new benefits and programs to attract and retain staff. The primary response was menu price increases, with nearly 61 percent of respondents adjusting prices to cope with the new reality.
By accurately calculating food costs, restaurant owners can set the right menu prices, reduce waste, and maximize their profits. The food cost formula is a key metric used in the restaurant industry to determine how much a business spends on ingredients compared to its revenue from food sales. Whole Wheat Bun $0.30 Avocado(1/4) $1.20
Continue to Site >>> Menu Does Chipotle have a structural problem? It's complicated Olive Garden parent Darden Restaurants could sell Bahama Breeze Olive Garden sales surge on delivery and free take-home meals Premium OPINION Financing Does Chipotle have a structural problem? By Jonathan Maze on Jun. Photo: Shutterstock.
Menu pricing is a delicate dance. It requires accurate data on food costs, total sales, overhead costs, labor costs, and all the many costs in between. Just when you've found the ideal menu item price, the cost of eggs skyrockets and you're back to square one. There are a lot of prime costs associated with that plate.
Earlier this week, Starbucks denied reports that it’s seeking a full sale of its China operations. The coffee chain started a formal sales process for its China division in May 2025, which CEO Brian Niccol claims has attracted strong investor interest. The sale comes off the back of Starbucks’ continued market struggles in China.
Restaurant P&L basics Sales Cost of Goods Sold (COGS) Labor costs Overhead costs Profit and profit margins Using your P&L statement Restaurant P&L basics A restaurant profit and loss statement is a spreadsheet that shows how all your money is coming in (sales) and where it's going out (costs). Prime costs.
Sales tax, payroll taxes, income tax – the list is extensive. With this information at your fingertips, you can: Adjust pricing strategies: Is a menu item underperforming? In this high-stakes environment, an annual scramble to sort out finances is a recipe for disaster.
While bars sell alcoholic drinks, a high-margin menu item, crafting a profitable bar menu is paramount. Through menu engineering and reporting from your bar POS system , you can determine what's selling and what's not. Next, it's time for a menu refresh. This is good news for your bottom line.
Let’s start with some basic terms: Cost of Goods Sold (COGS): This is the cost of all the items and ingredients on your menu (Beginning Inventory + Purchased Inventory – Ending Inventory). You cannot manage your restaurant properly without going into the accounting details. But the importance of this administration cannot be emphasized.
Guests get free food and operators gain a database of loyal customers, a tool for increasing sales, and a way to differentiate themselves in a competitive market. Points-based loyalty program With this kind of loyalty program, customers earn points per purchase. What are some different kinds of customer loyalty programs?
Hacienda La Esmeralda’s washed Gesha, a 98-point coffee, sold for US $30,204/kg. The farm’s natural Gesha, which scored 97 points, also sold for $23,608/kg. The trailblazing coffee chain, known for its manual pour over-style drinks and signature beverages like the iced mint mojito coffee, operates 77 stores in California and Chicago.
Daily Sales Report Daily sales reports track daily revenue, helping you monitor performance and make informed decisions. Prime Cost Report A critical report for restaurants, it breaks down the combined costs of goods sold (like food and beverage inventory) and labor costs. What is Restaurant Accounting?
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