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MRM Research Roundup: Year-End 2020 Edition

Modern Restaurant Management

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. This edition of MRM Research Roundup features top trends for 2020, how 2020 changed food and the year's top wines.

2020 211
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MRM Research Roundup: Mid-April 2020 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the dismal March restaurant sales, security, loyalty, trends and teen consumer behaviors. March Sales Decline. Same-store sales for restaurants dropped by 28.3 Same-store sales for restaurants dropped by 28.3 percent in March.

2020 196
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MRM Research Roundup: Mid-December 2020 Edition

Modern Restaurant Management

A new survey from Oracle Food and Beverage found that 60 percent of respondents plan to stay at home during the holidays, and 42 percent are considering ordering their holiday meals from a local restaurant. 22 percent of customers are looking to buy restaurant merchandise. Diners Show Holiday Spirit. Hassle-free holiday meals.

2020 167
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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

We're all here for it! Coffee shops can be so much more than a place to grab a cup of joe and a croissant. They are places where friends and family gather, where ideas are formed and spread, and where important work gets done. At their best, they're an essential part of their community—a third place beyond work and the home. Table of Contents.

License 459
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The Top 5 Restaurant Inventory Management Mistakes and How to Avoid Them

Restaurant365

Beginning Inventory + [Purchases, Prep Production, Transfers] – [Transfers, Waste, Donations] – Theoretical Usage (Sales Mix) = Theoretical Ending Inventory. Fortunately, all of these can be prevented by knowing and avoiding top mistakes and implementing best practices around each of them. Theoretical Variance. Actual Food Cost (COGS).

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The Impact of Restaurant Tablets on Table Turnover and Revenue

Mad Mobile

In a study by the Wharton School , researchers found that using tabletop technology can improve sales by 9.74% and productivity by 10.77%. 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.

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Our Guide to Average Gross Profit for Restaurants 

BNG Point of Sale

Therefore, you must learn how to develop a more resilient restaurant business just like the other types of restaurants who are finding new ways to ensure decreasing costs and an increase in sales. . For example, let’s say John Doe Bar’s total sales from July to September 2020 were $1.25 Average Gross Profit for Restaurants .