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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

Finding and retaining employees remain among the biggest obstacles operators struggle with. Additionally, turnover rates for restaurant employees and managers continue to be at all-time highs. It seems the industry has reached its ceiling in terms of hourly employee turnover and is now moderating. Go with a Restaurant Gift Card.

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State of the Industry and More Restaurant Research

Modern Restaurant Management

Key findings illustrating the industry's economic conditions include: Growth will continue : The foodservice industry is forecast to reach $997 billion in sales in 2023, driven in part by higher menu prices. Only one in ten operators think recruiting and retaining employees will be easier in 2023 than it was in 2022.

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Coffee News Recap, 18 Mar: Coffee prices rise for 17 consecutive months, US coffee consumption hits two-decade high & other stories

Perfect Daily Grind

Robusta prices rise in Brazil as a result of decreasing arabica production. The UAE trade authority held several exhibitions and discussions in Istanbul to boost bilateral trade relations. Global coffee prices continue to increase over 17 consecutive months, despite the Russian invasion of Ukraine. US cents/lb in February 2022.

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Coffee News Recap, 13 May: Peru’s 2022/23 coffee production to exceed 4 million bags, Vietnam to replant 107,000ha of coffee trees by 2025 & other stories

Perfect Daily Grind

million as a result of inflation and rising gas prices. Wed, 4 May – Starbucks to implement fourth pay raise for hourly employees in 18 months. The pay raise is part of a US $1 billion commitment to invest in employees and stores throughout 2022. Fri, 6 May – Swiss brand Beanarella launches compostable coffee capsules.

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Coffee News Recap, 25 Nov: European dieticians believe coffee consumption has clear health benefits, PRF confirms multi-year sponsorship deals with MTPak Coffee and Ally Coffee & other stories

Perfect Daily Grind

Nespresso launches new home-compostable capsules. US food and coffee manufacturer JM Smucker reports 10% increase in retail coffee sales. Net retail coffee sales reached US $64.7 High arabica prices could lead more price-sensitive roasters to buy robusta. million in 2022 Q2.

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Decade of Disruption: Restaurant Insiders Dish What’s on the Plate

Modern Restaurant Management

Elo’s Sonal Apte, vice president of retail and hospitality. Third, the onslaught of opioid, vaping, and alcohol combinations have forced the restaurant industry to begin hiring completely different generations of rock star employees, in both the front and back of the house. Improve employee performance. Reduce theft.

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AI Food Intelligence and Now Serving Democracy

Modern Restaurant Management

Focused on the retail, services and restaurant industries, the SpotOn ecosystem offers powerful technology to small- and medium-sized businesses (SMBs) at a price they can afford. " Citrus is available as a monthly subscription for retailers based on number of locations and transactions. SpotOn Executive Team.

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