Modern Restaurant Management

MAY 21, 2024

While three in four survey respondents believe restaurant prices are higher, other factors, such as flavor, outweigh price when ordering specialty beverages, particularly in the full-service segment. During a time of increased price sensitivity, beverages create an opportunity to increase the total check.

Beverage 193

Beverage Fast Casual Seasonal Menu Fine Dining 193

7 Shifts

OCTOBER 21, 2021

Here are a few examples of restaurants with names that ooze concept: Parm: Casual Italian, known for their Chicken Parm Sandwiches. Umami Burger : Casual burger spot with an empaths on flavor. A fine-dining restaurant with an emphasis on ingredients may present the menu simply, with descriptions of where the ingredients are from.

Fast Casual 370

Fast Casual Food Truck Casual Customer Service 370

Lavu

MARCH 25, 2020

In recent years, fast-casual establishments have dominated the restaurant industry. Customers, especially Millennials, are looking for delicious food at affordable prices. Fast-casual restaurants are adapting to meet the demand of their customers. However, in 2016 this is beginning to change.

Fast Casual 60

Fast Casual Casual Point of Sale Online Ordering 60

Modern Restaurant Management

APRIL 12, 2022

RMS just released our latest findings around consumer sentiment for Q1 , which revealed, among other things, that price is starting to matter—and not by an insignificant amount. When asked why they were getting less value from a restaurant visit, 82 percent reported higher prices. But the industry has a new problem: inflation.

Pricing 182

Pricing Fast Casual 2021 2022 182

Modern Restaurant Management

APRIL 9, 2024

Moving to Multichannel Dining Experiences Dining out is… back? Moving to Interactive Menu Boards Speaking of dining being back – it’s back to being… different. According to the National Restaurant Association, competition in the restaurant sector is strong. So, what’s the solution?

2024 195

2024 Front of House Mobile Ordering Fast Casual 195

Modern Restaurant Management

JANUARY 30, 2024

Net sales are primarily driven by average check increases and pricing opportunities are diminishing. When asked if they had ordered more or less from full-service, fast-casual and QSRs in the past month, respondents were primarily bearish, except when it came to QSRs. When and How Are Consumers Dining? percent YOY.

2024 140

2024 Fast Casual Point of Sale 2023 140

EATER

OCTOBER 18, 2023

| John Greim/LightRocket via Getty Images Once shunned by millennials, “uncool” chains are gearing up for a comeback For years, millennials were blamed for the death of the casual chain restaurant. And fast-casual chains , like Chipotle and Panera Bread, have been booming for years, with no signs of slowing in that sector.

Casual 110

Casual Fast Casual Fine Dining 2021 110

Modern Restaurant Management

JANUARY 2, 2024

And while automation and robotics can help streamline some elements of operations, in the wake of the COVID-19 pandemic, there's a newfound appreciation for human connection and dining experiences. We've reached a point where we're recognizing the value and limits of these technologies.

2024 190

2024 Fast Casual Insurance Food Safety 190

Modern Restaurant Management

OCTOBER 24, 2022

In response, consumer searches for budget-friendly dining and grocery options are higher than Q3 2021. In response, consumer searches for budget-friendly dining and grocery options are higher than Q3 2021. It’s possible that price fluctuation for specific goods and materials have disproportionately impacted some restaurants.”

Fast Casual 154

Fast Casual Food Supply 2022 2021 154

Lavu

NOVEMBER 17, 2023

By staying on top of profit margins, you can make informed decisions about pricing, portion sizes, and operational costs, thereby improving your profit margins. Improving your restaurant profit and profit margins are critical factors that directly impact the financial health and overall success of your restaurant.

Fast Casual 123

Fast Casual Fine Dining Food Truck Loyalty Program 123

Modern Restaurant Management

DECEMBER 28, 2021

From full service to fast-casual to legacy fast-food brands, the one constant was disruption. This approach required fewer front-of-the-house staff to maintain a dining room, complied with government orders, and kept many brands from closing. Just as one issue seemed fixed, another presents itself.

Franchise 187

Franchise Franchising 2022 Fast Casual 187

Modern Restaurant Management

JANUARY 8, 2024

QSRs Shift Focus from Slow-Paced Dining to Swift, Transactional Experiences Quick Service Restaurants (QSRs) are reimagining their dining spaces to prioritize speed, convenience, and personalization over traditional, slow-paced dining experiences. Read the first part, here. For the second part, click here.

2024 211

2024 Loyalty Program Cash Management Customer Experience 211

Modern Restaurant Management

DECEMBER 21, 2022

Restaurateurs may very well look to expand beyond the typical pop up, food truck, festival or off-premises event to more interesting, intimate venues like social influencer kitchens, dining rooms and gardens. For part two, click here. A tightly integrated technology strategy will be key to workplace satisfaction and profitability.

2023 161

2023 Loyalty Program Fast Casual Customer Experience 161

7 Shifts

DECEMBER 18, 2023

The role of a restaurant manager is always in motion. There’s always something else to get done, a new fire to put out, and broken things to fix. All of that on top of the everyday tasks from scheduling to payroll to reporting can catch up to you. From cleaning flat tops to refilling sanitizers, it’s easy for tasks to get lost in the shuffle.

Management 398

Management Management Email Marketing Point of Sale 398

Modern Restaurant Management

JUNE 3, 2021

In addition to the emergence of indoor dining, it explores rising competition between fast food and fast casual restaurant brands with COVID restrictions loosening. “The data strongly signals long wait times are a vulnerability for fast food restaurants as they compete for customers. Fast food reigns supreme.

2021 186

2021 Fast Casual Mobile Ordering Guest Recovery 186

Modern Restaurant Management

DECEMBER 22, 2022

Patience and grace go a long way right now, when dining out. . What were common menu items where prices were raised? . Sixty-seven percent of respondents raised prices throughout their entire menu, and 25 percent on a few items. Did any results surprise you and, if so, what and why? .

Food Supply 180

Food Supply 2023 Fast Casual Fine Dining 180

Modern Restaurant Management

APRIL 26, 2023

In March, Revenue Management Solutions surveyed more than 800 restaurant-goers across the US to find out how they’re dining in 2023. On the bright side, sales continue to perform positively compared to last year, primarily driven by price increases throughout 2022. percent YOY) exceeded Food-At-Home prices (+8.4

2023 132

2023 Fast Casual 2022 Pricing 132

7 Shifts

JUNE 4, 2021

Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. For fine dining, around 30 percent. Fast-casual: 28.9%. Casual: 33.2%. Upscale casual: 30.4%. If it's not measured, it won't be managed. Employee turnover rate.

Point of Sale 417

Point of Sale Inventory Employee Relations Customer Service 417

Bingage

JANUARY 14, 2020

Fine Dining Restaurants. Fine dining restaurants, known as white-tablecloth restaurants which typically comes in high-rated types of restaurants. Fine dining restaurants, known as white-tablecloth restaurants which typically comes in high-rated types of restaurants. Fast Food Restaurants. Fast Casual Restaurants.

Fast Casual 72

Fast Casual Fine Dining Food Truck Casual 72

Sling

JANUARY 4, 2023

As the concept evolved — and eventually crossed the pond — it came to be characterized by three variables: food, price, and formality. Those modest portions are also moderately priced in order to be accessible to a wide variety of diners and usually fall within the low to mid-level range. Ask 10 people, “What is a bistro?”

Fast Casual 78

Fast Casual Fine Dining Seating Food Order 78

Modern Restaurant Management

DECEMBER 20, 2023

Many dining establishments found ways to use AI to track and flag stock quantities, automate schedule-making for staff, implement customer service chatbots and process online orders. Each year, Modern Restaurant Management (MRM) magazine asks experts for their views on the state of the industry. Here are some of their insights.

2023 187

2023 Loyalty Program Mobile Ordering Consumer Goods 187

Modern Restaurant Management

JULY 21, 2022

Come June, the Labor Department's Consumer Price Index saw that annual rate climb even further to 9.1 In addition, RMS asked 750 diners across all generations throughout the US about their current and future dining behavior. Consumers see a drop in gas prices , bringing them back to drive-thrus. QSR net sales are up 1.4

2022 165

2022 2005 Fast Casual Consumer Goods 165

Modern Restaurant Management

OCTOBER 4, 2021

The data further signaled that price increases have had a significant impact on consumer restaurant habits. Nearly two-thirds (63 percent) of participants indicated they have ordered or visited less due to higher prices. The latest research was based on a survey of 1,508 American consumers. App downloads remain strong.

2021 141

2021 Fast Casual Mobile Ordering Social Media 141

Restaurant365

MARCH 3, 2022

The percentage breakdown of sales from travelers in a typical year pre-COVID-19 was as follows: Family dining – 31%. Casual dining – 32%. Fine dining – 41%. Fast casual – 25%. So, whether you are a specialty kiosk, fast-casual, or fine dining, there is additional money to be made by catering to tourists.

Travel 146

Travel Fast Casual Social Media Fine Dining 146

The Rail

MAY 15, 2024

As a result, the demand for quick and convenient dining options has been met. Peer into counter service restaurants, from fast food chains to trendy eateries, which play an active role in the restaurant industry. It’s perfect for a quick bite, personal dining experience, or when guests are on the go.

Fast Casual 52

Fast Casual Customer Service Customer Experience Fine Dining 52

Sling

NOVEMBER 11, 2019

1) Fine Dining. Fine dining restaurants offer diners an upscale meal experience often comprising several courses (e.g., Fine dining establishments can operate as a franchise for broader appeal or as a single location to increase their sophisticated image. 2) Casual Dining. 2) Casual Dining.

Fast Casual 104

Fast Casual Fine Dining Food Truck Casual 104

Modern Restaurant Management

JUNE 15, 2021

In this edition of MRM Research Roundup, we have news of a possible-robust recovery for restaurants, home delivery and top food delivery apps. Surge in Diner Demand. Yelp Data shows restaurants are reopening amidst a surge in diner demand. Yelp found more than 3.7 Yelp found more than 3.7 They saw a similar increase in diners seated in April 2021.

2021 193

2021 Fast Casual Online Ordering Consumer Goods 193

Black Box Intelligence

AUGUST 20, 2022

July’s top performing segments based on sales growth were Family Dining and Fast Casual. The industry’s worst performing segments – those posting negative YoY same-store sales growth – were Casual Dining and Fine Dining. Guest count growth rates face a similar and, frankly, more concerning circumstance.

Fast Casual 89

Fast Casual Fine Dining Point of Sale Casual 89

Black Box Intelligence

OCTOBER 27, 2022

Steep declines in gas prices and the moderation of inflation rates appear to be the reason behind the bolstered sales growth numbers. . With the exception of Fine Dining, all restaurant segments experienced negative same-store traffic growth during Q3 2022. September same-store sales growth was +5.2%, just a minor dip from the +5.3%

2022 86

2022 Point of Sale Fast Casual Fine Dining 86

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. The Value of Trust. The impact of COVID-19 on customer behavior was experienced swiftly f by all industries.

2021 181

2021 Loyalty Program Coupons Fast Casual 181

Sling

JANUARY 22, 2021

1) Fast Casual. Fast casual restaurants cater to customers looking for an option that is relatively quick but is healthier than fast food and more affordable than a casual dining establishment. 2) Fast Food. 2) Fast Food. 6) Fine Dining. 6) Fine Dining. 5) Family Style.

Fast Casual 78

Fast Casual Fine Dining Food Truck Casual 78

Modern Restaurant Management

JULY 27, 2022

Most notably, consumer spending at restaurants appears to be holding-up relatively well this summer despite aggressive menu-price increases in the first-half of the year." Consumer spending at restaurants appears to be holding-up relatively well this summer despite aggressive menu-price increases in the first-half of the year.

2022 177

2022 Fast Casual Customer Service Food Safety 177

Modern Restaurant Management

FEBRUARY 21, 2022

We are witnessing the evolution of fine dining. Nowadays, vegan food is becoming normal in restaurants and fast food joints. A rise in number of vegan restaurants is witnessed as younger population especially women are preferring vegan diet over traditional fine dining options. Bn at an impressive 22 percent CAGR in 2022.

Fine Dining 206

Fine Dining Fast Casual Food Supply 2022 206

7 Shifts

MARCH 30, 2022

Dining habits and options have changed in the past two years, and restaurant advertising needs to change in turn. Price changes, new items, new deals, new hours - all of it can be adjusted as your restaurant grows. For your restaurant, that means competition. How will you be getting more diners to eat your food this year?

Advertising 370

Advertising 2022 Social Media Email Marketing 370

Black Box Intelligence

DECEMBER 16, 2022

Inflation began its decline in late summer, the short term increase in gas prices has since subsided, and the impact of those economic trends can be seen in consumer spending at restaurants. . The only segment that was able to post positive 3-year same-store traffic growth during November was Fine Dining. year over year in November.

Fast Casual 78

Fast Casual Point of Sale Front of House Fine Dining 78

Modern Restaurant Management

MARCH 8, 2024

In this edition of MRM Research Roundup, we feature news about an influx of catering orders, the topic of tipping, the rise of kiosks and affordable Michelin restaurants. Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022. Total tips averaged 18.9

Catering 98

Catering 2024 2023 Guest Recovery 98

Black Box Intelligence

SEPTEMBER 21, 2021

These are fast-changing times for all types of restaurants. Quick-service and fast casual restaurants fall under the limited-service umbrella. Fine dining, upscale, casual family dining and casual dining restaurants fall under this category. Another trend we’re watching is pricing.

Fast Casual 89

Fast Casual BOH Fine Dining FOH 89