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Running multi-unit restaurants demands more than exceptional food and serviceit requires sophisticated financial leadership to ensure long-term success. They work closely with management to implement data-driven solutions that boost bottom-line performance.
11, 2025 Facebook Twitter LinkedIn 7-Eleven is among the growing list of retailers and restaurants offering deals to lure cash-strapped consumers this summer. 11, 2025 Facebook Twitter LinkedIn 7-Eleven is among the growing list of retailers and restaurants offering deals to lure cash-strapped consumers this summer.
.” The cashless multi-vendor open-air gastronomic market has two locations in Prague, and a total of 34 independently operated restaurants, bars and retailers. That being said, we have been starting to plan responsibly for impacts in Europe, where we see food retail starting to be affected, “ he continued. Cash is dirty.
The culmination of those traits, from empathy and leadership to creativity and problem-solving, gives your culture personality and a unique life of its own, which keeps customers feeling valued and employees engaged—and them all coming back for more. Still, the heartbeat of a thriving restaurant is its people.
The following provides some “food for thought”, maybe even a “look in the mirror” checklist for those who are drifting away from those initial goals. [] THINKING THEY CAN MANAGE THROUGH OTHERS. Ignore them and they will find someone else to pay attention. [] CONFUSING LEADERSHIP AND MANAGEMENT.
and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.
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.
To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. The National Restaurant Association-managed site also provides a direct connection to the industry’s grassroots engagement platform.
SALIDO leverages design, data, and workflow management to optimize both front- and back-end operations. ” Following his transitional leadership role at SALIDO and NAB, Chowdhury will focus his efforts on the Bowery Engine, an early stage direct investment and incubation company that previously supported SALIDO.
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.
This could mean providing clear pathways for promotions and leadership opportunities for employees seeking to move up within the business. According to BLS data, over 50 percent of food and beverage workers are between 16 and 24, compared to just over 33 percent of retail workers and 17 percent of manufacturing workers.
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.
Modern Restaurant Management (MRM) magazine quizzed Anderson and Sr. Famous Dave's has more sku's in retail stores than any other restaurant company and that is a testament to the quality of the recipes we have created. Our retail products give us unbelievable top of mind awareness across the country.
The purchase price of $42 million for Restaurant Magic will be financed primarily through cash and equity. Restaurant Magic’s software leverages business intelligence and automation technologies to decrease food costs, manage labor and improve overall customer service. Cristin Illes Kahale. .
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
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” All of the new franchisees cited Bad Ass Coffee of Hawaii’s leadership team, rejuvenated brand, product quality, commitment to the community and the strong feeling of ‘ohana as deciding factors in their decision to franchise. Slim Chickens continued expansion in Oklahoma, with its newest opening at 6731 Northwest Cash Rd.
“This acquisition is another demonstration of our strategy to acquire new companies to enhance product capabilities and extend our leadership in the vertical industries we serve,” said NCR President and Chief Executive Officer Michael D. NCR purchased Zynstra for approximately 100 Million British Pound Sterling.
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 funded the transaction using cash on hand and available borrowing capacity under its credit facilities. Brands’ portfolio of global restaurant brands.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. She has also held leadership roles at Sony Ericsson Mobile Communications, PepsiCo, and Frito-Lay. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. He has worked with various retail companies and QSR’s, both as a franchisee and a franchisor. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.
parent company of fast-casual restaurant chain The Habit Burger Grill, for approximately $375 million in a cash transaction. and will continue to be managed by Russell Bendel, president and c.e.o., ” Grimstad is currently the chief manager of C. Best Buy Jessica Stevens, Senior IT Deployment Manager. Brands, Inc.
” As a Feeding America Leadership partner, the company has ongoing partnerships with a variety of food banks across the country. 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. It's truly life-changing.”
Restaurant management systems have evolved rapidly over the past couple of decades. Table of Contents What is a restaurant management system? How does a restaurant management system work? A restaurant management system, or RMS, is software designed to streamline restaurant operations and simplify restaurant management.
Restaurant management systems have evolved rapidly over the past couple of decades. Table of Contents What is a restaurant management system? How does a restaurant management system work? A restaurant management system, or RMS, is software designed to streamline restaurant operations and simplify restaurant management.
Six of the ten largest retailers in the U.S. ” Purpose-built to serve the e-commerce industry, Green Rabbit was initially founded as Candy.com and managed primarily temperature-sensitive, confectionery products. .” “He brings strong leadership to our deep bench of experts in this industry. .
Our shared vision for transforming restaurant operations through data insights, combined with PAR Technologys scale and industry leadership, will allow us to deliver even greater outcomes to our customers. To learn more, visit partech.com or connect with us on LinkedIn , X (formerly Twitter) , Facebook , and Instagram.
Mon, 23 Jan Australian beverage retailer BWS launches Double Shot drive-thru coffee shop in Devonport, Tasmania. The keynote speech delivered by Michael Opitz, Managing Director of Hanns R. WatchHouse Coffee appoints Caroline Ottoy as new Managing Director. Here are this week’s stories.
Modern Restaurant Management (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Later, in 1969, he accepted a job at Southern Wine and Spirits of America as General Sales Manager of Wine to develop the wine operations of the Company.
The so-called “labor crisis” in the USA is a self-inflicted wound caused by decades of mental and physical transgressions between restaurant managers and restaurant workers. They also hold their leadership team accountable to be an example of these core values. Retail outlets. Ghost Kitchens. Virtual brands.
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. Top QSR Traffic.
Historically, operators have relied on paper checklists and field management teams to roll out and enforce their standard restaurant operating procedures and as part of their retail operations management. What are standard operating procedures in restaurants? How do you enforce standard operating procedures?
In our Business Growth Leadership Series , Doug discusses the events that led to his current success and how today’s entrepreneurs can learn from his decades of experience. My dependency on the cash it provided made me determined to work hard and be successful at what I was doing. How to Accomplish Success. Drive and Hard Work.
Start by reviewing retail food establishment requirements provided by the Florida Department of Agriculture and Consumer Services (FDACS). That means you’ll need to find a way to manage regular sales tax payments. You’ll also need to determine how you want to manage your staff on a day-to-day basis. But, it’s just the starter.
This surge in off-premise orders forced restaurants to optimize their operational workflows, from kitchen management and packaging to delivery logistics. Furthermore, digital tools for inventory and labor management became crucial for navigating supply chain disruptions and staffing challenges.
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.”
His involvement in the community was unrivaled, as he was a major donor and contributor, giving generously of this time, leadership and experience. in a management role at the Officers’ Club. “The TableBoost app helps restaurants save up to 25% of the cost of managing their equipment (e.g.
.” Bloom’s most recent acquisition of SuperFi continues to fulfill its leadership strategy of conquering the WiFi marketing space by creating exceptional digital relationships between physical locations and their customers. Document Management & Search — Easily store, search, and access invoices from anywhere.
Under Allen’s leadership, this C-suite team has been instrumental in implementing a multi-faceted transformation plan designed to ensure long-term sustainability, enhance brand relevance, accelerate innovation, improve guest satisfaction, increase overall profitability and create a clear growth plan to propel the company forward.
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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.
. “Given the shutdowns and setbacks, it’s pretty remarkable the restaurant industry was able to meet customer demand, and in many cases, go above and beyond,” said David VanAmburg, Managing Director at the ACSI. ” Olive Garden joins the elite, while LongHorn Steakhouse falls from perch atop full-service restaurants.
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Cornish Bakery has identified nearly 350 new locations in tourist hotspots and high streets, and has appointed its first property director to secure prime retail sites as it aims to expand to 400 UK stores. Kansas City, US) Thu, 5, Jun – Löfbergs appoints Henrik Biilmann as Managing Director of Peter Larsen Kaffe.
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