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 386

Bar Cash Management Loyalty Program Point of Sale 386

Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. " – John Oakes, Revenue Management Solutions CEO. Slow movers tie up inventory -and the cash needed to by that inventory. For part one, click here.

2023 493

2023 Loyalty Program Mobile Ordering Customer Experience 493

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

2022 450

2022 Food Supply Back of House Kitchen Safety 450

7 Shifts

AUGUST 18, 2024

But the challenges don’t stop there—once open you have to focus on improving processes, managing labor schedules, and controlling restaurant costs. Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. Fast casual: 28.9%

License 370

License Equipment POS Food Supply 370

7 Shifts

JULY 5, 2024

Running a restaurant is not just about serving great food; it’s also about managing finances. The average profit margin of full-service restaurants ranges between 3% and 5%, while their fast-food and casual counterparts’ margins fall between 6% and 9%.

Cash Management 243

Cash Management Inventory Seasonal Menu Beverage 243

7 Shifts

SEPTEMBER 20, 2021

Delivery, scheduling, inventory management, reservations, and guest management have seen technological advancements over the past few years, and it's just the beginning. Use order information with inventory management software for smarter purchasing. Restaurant Task Management. Restaurant Inventory Management Software.

Technology 370

Technology Front of House Social Media Back of House 370

7 Shifts

AUGUST 2, 2024

By tracking metrics like customer retention and employee turnover rate, contribution margin, and menu item profitability, restaurant managers can identify each area’s strengths and what areas need improvement. Use this data to establish clear and specific goals and adjust your strategies as needed.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

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 324

Food Food Supply Small Business Fast Casual 324

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 322

2019 Compost Mobile Ordering Online Ordering 322

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.

Food Safety 441

Food Safety Kitchen Safety Mobile Ordering Guest Recovery 441

Lavu

MAY 23, 2025

In today’s fast-paced dining environment, even a few seconds of lag can create a ripple effect that impacts your entire service flow. Disconnected Systems : Managing multiple order sources without integration causes confusion. Inventory Issues : Manual stock counts and outdated tools lead to inaccuracies and waste.

POS 78

POS Online Ordering Mobile Ordering Inventory 78

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 253

Food Supply Kitchen Safety Food Safety Cash Management 253

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.

Franchising 364

Franchising Franchise Customer Experience Customer Service 364

Lavu

OCTOBER 13, 2023

For example, a casual restaurant usually has a higher turnover rate. Efficiently manage reservations: Ensure that the booking system is organized and avoids overbooking to prevent delays in table turnover. Use technology, such as a restaurant management software, to track who chose to reserve a table, and manage waitlists effectively.

Seating 174

Seating Mobile Ordering Customer Service Online Ordering 174

Lavu

MAY 30, 2025

You need to carefully manage your spending and reduce restaurant overhead costs whenever you can. You can cut these costs by offering a cash discount program. A cash discount program avoids credit card processing fees by rewarding customers for paying in cash. Food goes to waste when inventory expires.

Cash Management 78

Cash Management Online Ordering Waste Employee Relations 78

Focus POS

JUNE 17, 2019

It’s a system that takes the place of a traditional cash register and provides much more than basic transaction functionality. Restaurant point of sale software empowers businesses to control labor costs, manage inventory, and have deeper visibility into business operations. POS for Restaurant Franchise Management.

Point of Sale 113

Point of Sale Cash Management POS Mobile Ordering 113

Modern Restaurant Management

MAY 12, 2020

Dunkin’s transition to paper cups will remove approximately one billion foam cups from the waste stream annually. This transition, along with the move to the double-walled paper cups, will remove a collective 19 million pounds of polystyrene from the waste stream annually. franchisees for use in their restaurants.

Mobile Ordering 376

Mobile Ordering Online Ordering Food Order Hospitality 376

Lavu

MARCH 13, 2020

The speeds they can work at might not be as fast as lightning, but as close as humanly possible. This permits your restaurant—both front and back of the house—to work at the fast pace of consumer spending. For fast-casual restaurants, opting for a mobile point-of-sale system makes the most sense.

Mobile Ordering 78

Mobile Ordering FOH BOH Front of House 78

Apicbase

JULY 16, 2024

That’s because, next to inventory management, F&B purchasing mistakes are the number #1 reason why operators struggle to get their food costs under control. The goal is maintaining optimal inventory levels without overspending or wasting. Procurement management in a multi-unit or multi-concept environment.

Operations 98

Operations Point of Sale Inventory Food Order 98

Clover - Restaurants

MAY 31, 2024

These prices normally include hardware such as your mobile card reader or point of sale system as well as software services, including restaurant operations and staff management features. POS software can also include inventory management to control restaurant food waste , online ordering for restaurant features, and more.

POS 52

POS Cash Management Point of Sale Mobile Ordering 52

Mad Mobile

FEBRUARY 5, 2024

You’ll see a reduction in food waste as your order accuracy increases, and you’ll have the data to back it up ! Implementing a tableside ordering system like CAKE can help managers and owners track inventory and update menus on the fly. Easily split checks, open tabs, and cash out with QR code or contactless payments.

Ordering 52

Ordering Fast Casual Mobile Ordering Customer Service 52

BNG Point of Sale

AUGUST 19, 2021

electric and waste removal.) . You get a strong look at the biggest indicators for profit and how those elements are managed. Fast Food / Casual Restaurants: 6 to 9% . Reduce Food Waste with Tight Inventory . Your CoGS are significant; even small amounts from food waste directly affects your profit.

Cash Management 52

Cash Management Point of Sale Inventory Food Truck 52

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 . Reduce Food Waste . In the kitchen, develop a laser focus on reducing food waste.

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

Apicbase

FEBRUARY 29, 2024

It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 On the other hand, fast food restaurants are on the rise , with 0.8% Square , 2024) Get started : Restaurant Inventory Management Software for Multi-Unit Restaurants and Large-scale Catering Operations. million in 2021, to $974.9

2024 52

2024 Operations 2023 Loyalty Program 52

Open for Business

OCTOBER 20, 2023

Is there a shortage of healthy fast-food options? Whether it’s chic and modern or rustic and cozy, fine dining or casual, the atmosphere needs to enhance the dining experience and make it memorable for all the right reasons. Craft a comprehensive financial blueprint to manage your restaurant’s expenses.

License 78

License Front of House Email Marketing Social Media 78

The Restaurant Times

AUGUST 30, 2022

A restaurant POS system helps you manage everything from inventory to staff members, easing out a lot of the complexities involved in running a restaurant business. A restaurant POS system makes the management of operations in a restaurant smoother and much more convenient. Inventory Management.

POS 52

POS 2022 Point of Sale Mobile Ordering 52

Apicbase

APRIL 20, 2022

Franchising is a time-tested business model that allows restaurant owners to scale their business fast and efficiently. We suggest focusing on your earnings before interest and taxes (EBIT) to estimate cash flow. Manage group-wide menus from a centralised platform with performance dashboards. 1 You’ll have to share control.

Franchising 52

Franchising Franchise Cash Management Kitchen Safety 52

OpenTable

JULY 8, 2022

For example, an attorney who has 50 restaurant clients that are all fast-food chains can rightly claim that they have a lot of restaurant experience, but if you’re planning to open something closer to The French Laundry, this is not a good fit. There is also no limit to how many shareholders you can have in an LLC. S Corp within an LLC.

Back of House 52

Back of House Front of House Restaurant Law Fine Dining 52

Open for Business

DECEMBER 12, 2023

For example, an attorney who has 50 restaurant clients that are all fast-food chains can rightly claim that they have a lot of restaurant experience, but if you’re planning to open something closer to The French Laundry, this is not a good fit.

Back of House 78

Back of House Restaurant Law Small Business Email Marketing 78

Modern Restaurant Management

JANUARY 27, 2020

Most people do not want to order in person or by calling if they have an alternative, and by integrating pickup with delivery orders our restaurant partners have a complete picture to more efficiently manage their operations." This is a game changer in quick-serve and fast casual restaurants."

Catering 305

Catering Mobile Ordering Customer Service Food Order 305

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 364

Allergens Kitchen Safety Guest Recovery Customer Service 364

Modern Restaurant Management

DECEMBER 28, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. Operators will need to be creative in finding ways to counter the increased restaurant costs and the waste being produced. Here are their responses. To read part two, click here.

2021 497

2021 Kitchen Safety Food Safety Mobile Ordering 497

Margin Edge

FEBRUARY 24, 2022

When you purchase fish for sushi, oftentimes you need to trim the fish or other ingredients (meaning there’s going to be some waste) before the product makes it onto a plate. With bottled beer, you buy a bottle and mark up the price by a certain amount, which automatically gives you lower COGS percentages because there is less waste.

Inventory 98

Inventory Point of Sale Waste Cash Management 98

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. Andrew Shearer, Cofounder and CEO at Farmshelf.

2020 345

2020 Kitchen Safety Consumer Goods Food Safety 345

Modern Restaurant Management

APRIL 29, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features trends in off-premise, coffee wars, the AI lifeline, the return of lunch, and how teens spend their dollars. Within QSRs, fast-casual restaurants led the way, growing transactions by 2 percent in March.

Reservations 488

Reservations 2025 Marketing Loyalty Program 488

ChowNow

MARCH 6, 2025

People like to be recognized, and a simple reward for their continued support can turn any casual diner into a consistent regular. One downside of tiered loyalty programs is they can discourage casual customers if the tiers seem unattainable. Jimmy Johns Sandwiches uses a visits-based loyalty program called Freaky Fast Rewards.

Loyalty Program 195

Loyalty Program Online Ordering Email Marketing Point of Sale 195

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.” Increased Loyalty Program Participation.

Food Safety 423

Food Safety Kitchen Safety Online Ordering Loyalty Program 423