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It’s important for food companies across the supply chain – from the farms that grow the food to the restaurants that serve it – to have good communication strategies that will keep the public safe and manage brand reputation both during and after an incident. trading partners, consumers).
Where to Tap into Hidden Revenue If you want to boost profits, the quickest way isn’t to raise menu prices or cut portions, it’s to go straight to the source of your costs: manufacturers, distributors, and beverage companies. The good news is there’s no reason you can’t carve out a little chunk of that $14.6
The food delivery company said Wednesday that it has acquired Symbiosys, an ad tech company, in a deal valued at $175 million. The food delivery company said Wednesday that it has acquired Symbiosys, an ad tech company, in a deal valued at $175 million. By Joe Guszkowski on Jun.
Indeed, recent world events have put the kibosh on traditional dining, networking, and events which play a significant role in a company’s business development strategy. As a PR agency founder, I help companies increase their exposure, find new offerings, and ultimately help companies win work.
Solo dining – a time dedicated to eating a meal alone at a sit-down restaurant – is an opportunity for diners to practice self care over a meal, whether that be by relaxing and reflecting at the end of a long day or even by engaging the mind with a book or catching up on the news.
Photo: Shutterstock San Francisco-based delivery service DoorDash announced Friday that it has completed its purchase of SevenRooms, a New York-City-based reservations and marketing platform for restaurants. News delivery acquisitions Timothy Inklebarger is an editor with Supermarket News. The pending deal for U.K.-based
Everyone wants their company to thrive and beat the competition. Companies must be responsive and be familiar with news cycles and trending topics. Yet, often, companies are busy working IN their business rather than ON their business. Every time you appear in the news, you gain third-party endorsement.
Good news doesn’t sell as well as doom and gloom, so our friends in the media avoid it as much as possible. It can be overwhelming, pointing us down a very dark path. Taking the time to step away from all of that, looking up to the light and reflecting on how fortunate we are is cleansing and very, very important.
The company plans to expand into more markets and expects to have thousands of bots on the ground by the end of the year, which it says will give it the largest autonomous vehicle fleet in the world. The company integrates with DoorDash and Uber Eats, and restaurants can opt in to having Coco bots deliver orders placed through those apps.
The Atlanta-based company is hoping that more modern food and restaurants will help its brands break through with younger consumers. When we spoke to younger customers, we found that Perkins is just not as relevant,” said Ascent CEO James O’Reilly, who joined the company in 2023. It also sports the chain’s new name and logo.
That’s our biggest takeaway after a pair of acquisitions by the delivery company that have it set to take a bigger share of the restaurant tech ecosystem. The company generated total revenues of $10.7 The company says its goal is to grow local economies and refers to itself as a “local commerce platform.” billion last year.
The bad news is that according to most predictions , 2022 will be worse as gangs organize and focus on SMBs. McMenamins confirmed the attack, reporting that ransomware locked the company’s systems and potentially exposed sensitive employee data.
New to 7-Eleven’s roller grill offerings are a Spicy Hot Link Sausage, which the company calls “a slow-smoked, paprika-packed sausage that delivers a flavorful kick with just the right amount of spice.” marketing retail News Heather Lalley is the managing editor of Restaurant Business, Foodservice Director and CSP Daily news.
All are company owned and there are no plans to franchise. News Emerging Brands Fast_Casual Lisa Jennings is a veteran restaurant industry reporter and editor who covers the fast-casual sector, independent restaurants and emerging chain concepts. View All Articles by This Author Want breaking news at your fingertips?
retail News Heather Lalley is the managing editor of Restaurant Business, Foodservice Director and CSP Daily news. She previously served as editor in chief of Winsight Grocery Business View All Articles by This Author Want breaking news at your fingertips? Sign up here. Get today’s need-to-know restaurant industry intelligence.
This is a great time to up your game in social media, blogs, and media placements on trending news topics. Use this opportunity to position yourself and your brand by contributing leadership pieces, offering quotes and accepting media interviews that allow you to jump in the driver’s seat and position your company in a positive light.
The company could fold, it could stop selling the product, or almost worst of all, it could change the recipe to produce an imitation of your beloved, like the Men In Black bug alien in his Edgar suit, ransacking your pantry as if he belonged there. Occasionally companies will crow about a changed recipe, like Chips Ahoy!
Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. Election Results. Voters in several states passed propositions that will affect the food and beverage industry. of the outstanding quota.
It seems almost everyone, from social media influencers to evening news anchors, is extolling the capabilities of this emerging tech. In this new era of artificial intelligence, we are witnessing several ways in which workflow automation continues to drive enhanced labor efficiency.
In a recall, proper communication can save lives – and can also reduce the negative impact on a company’s reputation. Leverage a combination of your website, social media platforms, news outlets, in-store signs, app notifications, loyalty program emails, etc. Rely on tech tools. Show concern. Monitor feedback.
While no one likes to receive criticism or complaints, the fact is that bad reviews could be good news for your business. Regardless, your response should show care and concern for the consumer, with an explanation of what happened on the company’s side — not an excuse. What about negative feedback?
Be it Paypal, Apple Pay, Square or over-the-phone payments, restaurants have implemented new options to reduce the amount of touchpoints. As a result, 52 percent of companies have deployed new payment processing methods. The good news is 87 percent of people say dining out is one of the things they miss the most.
CapitalSpring is the owner of restaurant companies including Newk’s and Beef O’Brady’s. News Heather Lalley is the managing editor of Restaurant Business, Foodservice Director and CSP Daily news. Sign up to receive texts from Restaurant Business on news and insights that matter to your brand. By Heather Lalley on Jun.
The good news is that many of the technological developments needed to promote accessibility have already been implemented across the industry to improve other aspects of the business such as boosting sales and complying with new contactless methods of service. Embracing Innovation.
You can't scroll news sites without seeing more articles about inflation, but was does it mean for restaurants? Modern Restaurant Management (MRM) magazine quizzed expert Kathryn Petralia, co-founder of Kabbage, an American Express Company, for her analysis on what restaurants owners need to understand about inflation.
Your virtual corporate events can supply attendees with regular catering such as breakfast or lunch delivered to their door, and swag packages like company T-shirts, colorful pens and notepads, or games or crafts that are based on a theme. Whatever you come up with, don’t forget to share the news far and wide.
Today’s news cycle is measured in seconds (on a slow day!), It’s not always the president of the company. It is no secret that bad news travels fast; however, an immediate response helps mitigate damage to your company’s reputation. and rumors can snowball into a perfect storm.
Historically, commercial cleaning has been treated as a cost that many companies tried to minimize as much as possible. The good news is that people are resilient, strong, and love to dine out with friends and family. This is where commercial cleaning becomes a very important aspect of every business – especially restaurants.
There’s good news! According to a LinkedIn survey, 94 percent of employees say they would stay at a company longer if the company invested in their learning and development. In addition to paying a competitive salary, there are many other ways restaurateurs can boost employee satisfaction and happiness.
The company is consolidating those functions to improve efficiency and collaboration. Dawn Hooper , a longtime veteran of Jack in the Box, was named CFO of the burger chain after 25 years with the company. leadership News executive change Want breaking news at your fingertips? Sign up here.
“A lot of inspiration comes from research, wine ties into our daily operations, and creating memorable experiences for guests is a big focus for our company,” added Rough. It was a great teaching opportunity for me because I got to pass on the experience I had coming up through the ranks, having been with the company for 18 years.
As the owner of my own company, a lot of work, research, and tension has accompanied our reopening plans. Further, if a restaurant or food service company is providing the COVID-19 vaccine onsite they may qualify for liability immunity protections from the Public Readiness and Emergency Preparedness Act (PREP Act).
This shift in behaviour is welcome news for the hospitality sector and presents a unique opportunity for anyone considering launching their own business. This is very encouraging news for restaurants, pubs, bars, and cafés alike, and will provide a much-needed boost following what’s been a particularly challenging year for most.
In this edition of MRM News Bites, we feature a webinar that looks into the future of restaurants, face pay, delivery robots, drone delivery and a new venture for MRM. The deal will be funded through cash on hand and proceeds generated from the Company’s securitization facility. The Main Course.
But the unfortunate reality is that over 50 percent of companies that are struck by a disaster won’t recover. A crisis management plan outlines steps that your company needs to take when faced with specific risks. Being aware of your risk environment is a critical step that can help you recover from unexpected disasters.
Post valuable content, such as recipes, interviews, advice from the chef, or news about your restaurant. Your content should follow your branding for customers to distinguish the company from others. This tactic will enable you to reach loyal followers of the public figure and attract them to your company.
Many of these workers literally represent your company, your services and, perhaps most importantly, your brand. It’s how they get their news, listen to music, and even how they read and watch movies, so it would make sense that it is also how they communicate for their job, especially given the nature of their work.
Event management companies must always be on the lookout for ways to promote their events and increase brand recognition within their audience. Well, let’s explore some approaches that every event company should seriously consider. But how exactly should you use Instagram Stories for your event promotion? Encourage Interaction.
This blog is dedicated to the hundreds of thousands of restaurant workers struggling in the “new normal” with COVID-19—a collection of strategies, resources, and tips to help you survive and thrive. Staying informed While the news may be overrun with COVID-19 updates 24/7, staying informed about the situation can help keep you safe.
To get a pulse on QSR trends in 2022, Modern Restaurant Management magazine reached out to David Vance, Vice President of QSR at Mood Media, an on-premise media solutions company dedicated to elevating the customer experience. The good news is that there is still a captive audience in place, so the key becomes one's imagination.
News executive change leadership Want breaking news at your fingertips? Sign up to receive texts from Restaurant Business on news and insights that matter to your brand. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.
A survey by restaurant management software company Upserve found that 64 percent of respondents were either slightly or very optimistic about the future. Restaurants that are nimble and able to quickly pivot to new operational strategies in response to today’s rapidly changing business environment will have the most reason for optimism.
Lots of brands are using this platform the same way they would X (Twitter) but with more light-hearted messaging geared toward customers and less toward real-time news or business updates. X (Twitter) : X (Twitter) has made news for its recent volatility and changes under new ownership.
Amidst this good news, you should be aware of three hidden pitfalls that could affect your ability to operate safely and with a full complement of staff. New Employees Have More On-the-Job Injuries. Your restaurant is open and customers are back. Now, your main challenge may be finding enough employees to handle the surging demand.
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