BNG Point of Sale

SEPTEMBER 2, 2021

In this post, we will explore what an ideal restaurant food margin is and how to calculate it so that you can have an easier time managing your business and know exactly where you stand financially. . Fast Food And Quick Service . A Guide to a Restaurant’s Ideal Profit Margin for Food . Catering .

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

Modern Restaurant Management

MARCH 24, 2020

The transaction marks the addition of the first fast-casual concept to Yum! Brands acquired all of the issued and outstanding common shares of The Habit Burger Grill for $14 per share in cash or a total of approximately $375 million. Brands’ portfolio of global restaurant brands. family,” said David Gibbs, CEO, Yum!

Food Supply 85

Food Supply Kitchen Safety Cash Management Food Safety 85

Modern Restaurant Management

JUNE 18, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features recovery data, POS performance and shifting habits of diners. Revenue Management Solutions (RMS) survey POS data from more than 100,000 locations in more than 40 countries. On the Road to Recovery. POS Performance Data.

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2020 Guest Recovery Kitchen Safety Online Ordering 154

Single Platform

AUGUST 3, 2018

Cashless restaurants do not accept cash payments and instead require customers to use credit cards, debit cards, cash cards, or contactless payment systems. So, should your restaurant go cash-free? There are some clear reasons that more and more restaurants have been ditching cash. Tender Green on a busy day via Inc.

Cash Management 36

Cash Management 2017 Restaurant Law Fast Casual 36

Aaron Allen & Associates

FEBRUARY 22, 2019

Creating a compelling and modernized investment thesis requires superior intelligence and insights relative to understanding the landscape and how the consumer and competition are being reshaped, from the decline of casual dining to the rise of new formats. For mature brands, there’s expansion and consolidation. In the U.S., In the U.S.,

2018 40

2018 Fast Casual 2017 Point of Sale 40

EATER

JANUARY 5, 2022

He offers, for example, TGI Fridays, a casual chain that has national recognition but little presence in densely populated American cities. It’s fast food on an even grander scale. If a restaurant owner decides to pocket the extra cash and pay their workers a minimum wage that is nothing close to a living wage, that’s their choice.

Food 143

Food Mobile Ordering Online Ordering Food Order 143

Modern Restaurant Management

DECEMBER 16, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. Additionally, turnover rates for restaurant employees and managers continue to be at all-time highs. First, at 2.1

2019 100

2019 Compost Mobile Ordering Point of Sale 100

Single Platform

AUGUST 3, 2018

Cashless restaurants do not accept cash payments and instead require customers to use credit cards, debit cards, cash cards, or contactless payment systems. So, should your restaurant go cash-free? There are some clear reasons that more and more restaurants have been ditching cash. Tender Green on a busy day via Inc.

Cash Management 28

Cash Management 2017 Restaurant Law Fast Casual 28

EATER

MAY 20, 2024

Even when COVID hit in 2020, the company still managed to maintain positive cash flow as other restaurants floundered. As with other private equity forays into industries like retail and media, Red Lobster’s new private equity owner saddled it with tons of debt. Red Lobster, though, continued to struggle.

Fast Casual 145

Fast Casual Cash Management 2024 2014 145

Modern Restaurant Management

MAY 1, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features COVID-19 crisis statistics and surveys about third-party delivery, guest expectations, QSR reliance and more. dine out more often to fulfill basic needs and gravitate toward drive-thru and take-away options associated with QSR and fast casual.

2020 157

2020 Fast Casual Food Safety Guest Recovery 157

Modern Restaurant Management

FEBRUARY 18, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry movers and shakers: "What do you feel is going to cause disruption in the restaurant industry over the next decade?” Elo’s Sonal Apte, vice president of retail and hospitality. Store schedules and labor management.

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Mobile Ordering Front of House Fast Casual Customer Service 212

Modern Restaurant Management

DECEMBER 12, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. “Salata is on an upward trajectory to become “the” premiere national fast-casual salad restaurant,” said Wheeler. More Tropical in Colorado.

Franchise 92

Franchise Franchising Loyalty Program Book 92

Modern Restaurant Management

SEPTEMBER 10, 2021

Ike’s Love & Sandwiches is ranked #12 on Fast Casual’s Movers and Shakers 2021 list. Ike’s appointed industry veteran Adam Rinella as Vice President of Development to help the booming fast casual brand reach even more markets. Rinella is skilled in bringing restaurant ideas into reality.

Franchise 177

Franchise Franchising Food Fast Casual 177

Modern Restaurant Management

DECEMBER 4, 2020

. “They’ve had to basically adapt and change their entire business model,” says Yang Yang, an associate professor in the School of Sport, Tourism and Hospitality Management (STHM) at Temple University. If there is a specific type of business that could benefit during the remainder of 2020, it could be the fast food industry.

Loyalty Program 116

Loyalty Program Fast Casual Online Ordering Consumer Goods 116

Modern Restaurant Management

APRIL 2, 2020

“Cash or card?” Although the average American still carries cash in their wallet and uses it for nearly one-third of transactions, cashless restaurants are on the rise. Some restaurants even offer discounts for cash payment. Reasons to Go Cashless.

Cash Management 137

Cash Management Mobile Ordering Fast Casual Point of Sale 137

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

Bar 121

Bar Cash Management Loyalty Program Point of Sale 121

Modern Restaurant Management

MAY 17, 2021

Local Restaurants Leading the Return Over Casual Dining Chains. Casual Dining Chains come in #2 with 52 percent likely to visit. retail sales sprung into another month of double-digit growth in April, according to Mastercard SpendingPulseTM , which measures in-store and online retail sales across all forms of payment.

2021 179

2021 Consumer Goods Small Business Fine Dining 179

Modern Restaurant Management

MARCH 7, 2020

Modern Restaurant Management (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Leonard and Poelma will continue to report to Ray Lombard, Executive Vice President, Supplier Management and Business Development. "Cindy

Food 116

Food Food Supply Fast Casual Small Business 116

Modern Restaurant Management

SEPTEMBER 24, 2021

These team members work in restaurants, retail manufacturing plants, regional restaurant operations and the Columbus-based home office. In early September, the business announced a month-long program to thank its own team members who opt for the vaccine: $100,000 in cash prizes. Nathan's Famous in France. VROMO Teams with DoorDash.

Franchise 166

Franchise Franchising Customer Experience Fast Casual 166

Modern Restaurant Management

MAY 27, 2020

PathSpot, creator of a real-time hand hygiene management system that protects against the threat and spread of illness with a hand scanner that tracks handwashing frequency and effectiveness, announced the closing of $6.5 PathSpot Secures Funding. million in a Series A round led by Valor Siren Ventures I L.P. (VSV),

Food Safety 147

Food Safety Kitchen Safety Mobile Ordering Guest Recovery 147

Modern Restaurant Management

DECEMBER 14, 2020

The company has also added a Deep Cleaning Checklist and guiding principles for Managing Indoor Air. Underpinned by superior brand positioning and compelling unit-level economics, we expect our global retail store base to reach approximately 55,000 units in FY30, reaching more customers with a premium Starbucks experience.”

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Webinar Customer Experience Mobile Ordering Customer Service 186

Modern Restaurant Management

APRIL 20, 2021

As consumers ramp up their event planning, operators should continue to leverage connected technology solutions to ensure the event booking and management process is streamlined and as user-friendly as possible. A new report from NELSON Worldwide that takes a look at the immediate future of dining and fast-casual restaurants.

2021 184

2021 Online Ordering Mobile Ordering Guest Recovery 184

Modern Restaurant Management

MAY 5, 2021

Casual Dining velocity has grown by 158 percent over the same period, suggesting many of the Casual Dining business models were able to maintain sales to some degree through pandemic restrictions. In fact, 30 percent of recent casual dining visitors think there is an opportunity to improve the quality of the beverage offer.

2021 185

2021 Loyalty Program Coupons Fast Casual 185

Modern Restaurant Management

MARCH 13, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Ira Moreland, Managing Director of ICV, said, “We are very pleased to complete this transaction and are enthusiastic to deploy our expertise to help grow the Buffalo Wild Wings brand.

Franchise 116

Franchise Franchising Customer Experience Customer Service 116

Modern Restaurant Management

AUGUST 31, 2021

The hardest positions for fill for restaurants are: Cooks + Line Cooks, Managers and Bartenders. Only 23 percent of cooks + line cooks postings have applications, 37 percent of manager postings have applications, 56 percent of Bartenders postings have applications. million times by employees during the pandemic. Sales across the U.S

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2021 Point of Sale White Paper 2019 125

Modern Restaurant Management

AUGUST 28, 2020

in a management role at the Officers’ Club. and joined the Marriott Corporation in 1965 to help launch its fast-food division, beginning with Hot Shoppes Jr., “The TableBoost app helps restaurants save up to 25% of the cost of managing their equipment (e.g. He married Lorraine Pietryka on Aug.

Allergens 116

Allergens Kitchen Safety Guest Recovery Customer Service 116

Modern Restaurant Management

MAY 12, 2020

Contactless Order & Pay provides operators with a safe, contact-free solution for in-service experiences, helping them manage labor costs and keep their employees safe. Lead information, conversation history, and all other social engagements are easily managed across all locations in a single, centralized platform.

Mobile Ordering 118

Mobile Ordering Online Ordering Food Order Hospitality 118

Modern Restaurant Management

JUNE 19, 2020

This singular focus has allowed Bloom to create a world class enterprise analytics and marketing platform that saves at-risk customers, builds and manages online reviews, while increasing customers’ frequency. Document Management & Search — Easily store, search, and access invoices from anywhere. Shake Shack Inc.

Food Safety 112

Food Safety Customer Experience Website Management Employee Relations 112

Modern Restaurant Management

DECEMBER 31, 2019

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education.

2020 134

2020 Kitchen Safety Consumer Goods Point of Sale 134

Modern Restaurant Management

JANUARY 9, 2020

parent company of fast-casual restaurant chain The Habit Burger Grill, for approximately $375 million in a cash transaction. “As a fast-casual concept with strong unit economics, The Habit Burger Grill is a fantastic addition to the Yum! and will continue to be managed by Russell Bendel, president and c.e.o.,

Fast Casual 100

Fast Casual Customer Service Online Ordering Employee Relations 100

Modern Restaurant Management

JULY 27, 2020

Permanent Closures Continue to Increase Across Restaurants, Retail and Other Industries. The restaurant industry now reflects the highest total business closures, recently surpassing retail. Shopping and retail businesses have endured 26,119 total business closures, of which 48 percent are permanent (12,454 permanent closures).

Franchise 142

Franchise Franchising Mobile Ordering Kitchen Safety 142

Modern Restaurant Management

NOVEMBER 2, 2020

This study is based on two surveys of restaurant customers from December 2019 and June 2020, as well as interviews with executives from quick service restaurants (QSR), fast casual and casual dining brands. Chick-fil-A is still the fast-food king; Pizza Hut has Domino’s in its sights. percent to a score of 80.

2020 218

2020 Mobile Ordering Hotels Food Safety 218

Modern Restaurant Management

FEBRUARY 19, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. The drive-thru feature is a first for the fast casual brand, which has previously focused on eat-in cafés and kiosks. Allen Named CEO at Checkers & Rally's.

Franchise 109

Franchise Franchising Fast Casual Point of Sale 109

Modern Restaurant Management

JUNE 14, 2020

That’s why we carefully planned every detail of the space around flexibility, accessibility, efficiency, and connection – in addition, our members are excited to impress their clients in our space without the cost and hassle of having to manage a building such as ours on their own.” " Facial Recognition Pay.

Food Safety 137

Food Safety Loyalty Program Kitchen Safety Online Ordering 137