Hot Schedules

DECEMBER 7, 2021

Many industries have been able to increase hourly wages by passing on extra costs to consumers, but retail has historically been an exception. Many industries have been able to increase hourly wages by passing on extra costs to consumers, but retail has historically been an exception. Reducing Employee Turnover. million U.S.

Retail 78

Retail Employee Relations Hotels 2022 78

EATER

DECEMBER 8, 2023

That price tag might seem extreme, but it’s perhaps justified given the amount of work that went into the bottle’s creation. liter jugs with a handheld design that would work for home consumers, but establishing the soy sauce bottle as a cultural touchstone. The Kikkoman soy sauce bottle in its many iterations. production plant. “If

Design 134

Design Food Supply 2001 Employee Relations 134

7 Shifts

NOVEMBER 9, 2022

Consumer-facing industries like food & beverage see more short-term purchases based on emotional triggers—which means maintaining a healthy bottom line becomes a challenge without a dedicated customer base. As a restaurant owner, you know how difficult it is to win a customer's attention and make them keep coming back to your restaurant.

Email Marketing 195

Email Marketing Loyalty Program Social Media Point of Sale 195

Modern Restaurant Management

DECEMBER 21, 2020

That’s why we decided to donate 10 percent of sales of our off-premise take-out and delivery platform to No Kid Hungry. That’s why we decided to donate 10 percent of sales of our off-premise take-out and delivery platform to No Kid Hungry. Here are their responses. Click here for part one. million meals in just six weeks.

2020 198

2020 Kitchen Safety Food Safety Loyalty Program 198

Aaron Allen & Associates

OCTOBER 4, 2022

Restaurant labor costs are usually the largest cost foodservice establishments have in their P&L, averaging around 30% of sales. per hour (as of July 2022) — an increase in labor cost of 33% in the last five years Much of the restaurant employment is part time, with employees working an average 25.5 In the U.S., In the U.S.,

Point of Sale 98

Point of Sale Employee Relations 2022 Mobile Ordering 98

Restaurant365

JUNE 24, 2020

This requires not only increasing total sales, but also reducing costs. While these are not optimal times in the restaurant industry, there are tactics you can implement now to both increase sales and optimize your controllable costs. One cause for rising CoGS might be because your suppliers have increased prices on your ingredients.

Point of Sale 78

Point of Sale POS Inventory Employee Relations 78

Modern Restaurant Management

DECEMBER 17, 2020

This edition of MRM Research Roundup features news that consumers plan to put restaurants at the top of their shopping lists, the latest stats for on premise and why the restaurant of the future is here now. “This is a challenging time for both consumers and businesses. Diners Show Holiday Spirit. ” The gift of food.

2020 167

2020 Point of Sale Seasonal Menu Consumer Goods 167

Black Box Intelligence

NOVEMBER 1, 2021

Online review sites and social media make it easy for guests to broadcast their opinions – good or bad – to anyone who’ll listen. Compared to other types of businesses, consumers are especially likely to check reviews before visiting a restaurant. Good restaurant reputation management is two-pronged.

Management 96

Management Management Social Media Customer Service 96

Modern Restaurant Management

JULY 15, 2020

According to the latest Financial Trends Insights from Black Box Financial Intelligence™ , based on data from the week ending June 28, restaurants sales continue improving. See the latest sales and traffic results here: Sales Improve but Restaurants Should Brace Themselves for Challenges Ahead. Financial Trends Insights.

2020 195

2020 Mobile Ordering Point of Sale Fast Casual 195

Black Box Intelligence

OCTOBER 25, 2021

We’re in a consumer choice-driven world, where convenience, customization and attentive service are expected. And when customers have a good experience, they spread the word. Forty-four percent of consumers say they told their friends about a great customer service experience in the last year. the week of Labor Day.?

Customer Service 52

Customer Service Point of Sale Employee Relations Customer Experience 52

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. Your food cost or cost of goods sold (CoGS) may be increasing due to inflation and supply chain disruptions. Working with operations to set a prime cost goal.

Operations 78

Operations Leadership Point of Sale Cash Management 78

Lavu

FEBRUARY 12, 2020

Additionally, you want to know what the top-selling flavors are and how consistent their sales are. . 3 Examples of How Knowing Your Best-Sellers Can Help Boost Sales: Create special promotions for the best sellers , like purchase two pints of ice cream for a discount. Track the Best-Selling Flavors.

Point of Sale 78

Point of Sale Employee Relations Customer Service Loyalty Program 78

Lavu

DECEMBER 20, 2019

Labor costs include salaried employees, hourly wages, benefits, taxes and tips. In Washington, for example, employers must pay employees a minimum of $12 per hour as of April 2019. requires that employees receive a minimum wage of $15 per hour, which is twice the national minimum. Tipped Employees. tipped employees.

Cash Management 78

Cash Management Point of Sale Employee Relations Inventory 78

Black Box Intelligence

SEPTEMBER 21, 2021

For our clients, we offer granular data on financials, consumers, customers and workforce, as well as competitive intelligence that they use to benchmark against the competition. At full-service establishments, customers typically order their food at a table or counter, are served by waitstaff and pay after consuming their meal.

Fast Casual 89

Fast Casual Fine Dining BOH FOH 89

Restaurant365

MAY 17, 2022

The most important part of inventory management is understanding how the amount of product relates to your profit margin. A POS system is excellent at collecting sales and labor data. Additionally, your point-of-sale (POS) system may be able to automatically track theoretical inventory based on sales (in product or dollars).

Inventory 78

Inventory Management Management Food 78

Modern Restaurant Management

DECEMBER 16, 2019

Topline numbers show robust restaurant sales growth during November. Same-store sales growth was 1.6 percent in November, which represents the third consecutive month of positive sales growth and the strongest since January. Thanksgiving typically represents lower sales volumes for most industry segments.

2019 128

2019 Compost Mobile Ordering Point of Sale 128

Modern Restaurant Management

FEBRUARY 10, 2020

Good Food Restaurant Scorecard. 42 of the country’s favorite fast food and restaurant chains still don’t offer a plant-based entrée, according to a report released today by The Good Food Institute (GFI). The third annual Good Food Restaurant Scorecard ranks the top 100 restaurant chains in the U.S.

Hospitality 184

Hospitality Food Consumer Goods Point of Sale 184

BNG Point of Sale

SEPTEMBER 7, 2021

Sales per square foot are one option. To calculate sales per square foot, divide annual sales by total interior square footage including kitchen, dining, and storage space to get a net rentable foot in the leased location. . Bar Revenue per Square Foot . What are the best indicators of a bar’s success?

Bar 52

Bar Point of Sale Retail 2013 52

Restaurant365

OCTOBER 23, 2019

While many restaurant owners focus on increasing total sales, in order to add to your bottom line, you also need to focus on decreasing costs. You can calculate your prime cost using the following prime cost formula: Total Cost of Goods Sold + Total Labor Costs = Prime Cost. What to Include In Your Prime Cost Formula.

Point of Sale 74

Point of Sale Inventory Employee Relations Insurance 74

Restaurant365

MARCH 10, 2020

While manual inventory management used to be “good enough,” it’s a slow, error-prone process that could be eating into your profitability. Tracking your inventory shows what is coming into your restaurant, what is leaving your kitchen as sales, and what is left over on your shelf. Sitting Inventory.

Inventory 103

Inventory Management Management Waste 103

Restaurant365

JULY 29, 2021

However, many CFOs are still facing uncertainty, particularly from pandemic-related complications that are still challenging operations and restaurant profitability. With social distancing, changes in consumer behavior, and other swift changes, the COVID-19 pandemic quickly upended many restaurant business models.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

The Restaurant Times

AUGUST 5, 2022

Keeping track of your numbers and Key Performance Indicators (KPIs) will not only help you in taking timely action but also point out specific areas that need immediate improvement. You can also regulate the price of your menu items once you know exactly how much each meal has cost in preparation. Cost of Goods Sold (COGS) .

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

Restaurant365

MAY 27, 2021

Restaurant restrictions are beginning to ease, which is good news for restaurant owners and operators. In a fluctuating economy, you don’t know exactly what is going to happen to sales. Restaurant prime cost as a percentage of sales generally runs around 60%. Where should you start?

Point of Sale 78

Point of Sale Inventory Waste Food Order 78

Black Box Intelligence

DECEMBER 10, 2021

Technology in restaurants can be a game-changer for the customer experience, employee workflows and the bottom line. Each update highlights the most relevant and timely workforce, financial, guest and consumer trends. Viewed through the COVID lens, there is added appeal for operators and consumers for increased use of kitchen robots.

Technology 52

Technology Online Ordering Point of Sale Kitchen Safety 52

Modern Restaurant Management

JANUARY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features a gloomy start to the new year, dining trends for 2020, the importance of discounts, holiday gift card sales results, delivery frustrations, soda curiosity and a consumer culture report. Same-store sales growth was -2.1

2020 110

2020 Point of Sale Online Ordering Consumer Goods 110

Restaurant365

MARCH 10, 2020

While manual inventory management used to be “good enough,” it’s a slow, error-prone process that could be eating into your profitability. Tracking your inventory shows what is coming into your restaurant, what is leaving your kitchen as sales, and what is left over on your shelf. Sitting Inventory.

Inventory 78

Inventory Management Management Waste 78

Modern Restaurant Management

SEPTEMBER 16, 2020

“The good ol’ days” is a strong sentimental feeling. Up to date info and employee processes will make the research and dining/ordering experience all the more impressive. 'Safety' is what I believe to be most important now to help assure patrons to revisit their favorite restaurants.

Marketing 234

Marketing Social Media Food Safety Email Marketing 234

Black Box Intelligence

MARCH 29, 2022

What to Track: As a baseline metric, CFOs should track comparable sales and traffic at both the market and internal levels. They should also be monitoring sales and traffic trends in order to identify correlations between workforce changes and sales performance. .

2022 52

2022 Point of Sale Consumer Goods Food Supply 52

Future Food

MAY 5, 2020

Very few hospitality businesses will be able to genuinely pick up where they left off and many will not return but for those that remain, now is the time to stay positive and maximise planning to reengage with employees, suppliers and customers searching for the silver lining to the challenges that we face.

Hospitality 88

Hospitality Point of Sale Customer Service Customer Experience 88

Mad Mobile

FEBRUARY 29, 2024

As bar owners and managers, you know that having the right point of sale system for your restaurant or bar makes all the difference. A good POS system can help you keep your customers and employees happy with speedy, accurate service. In the cloud-based POS space, systems are designed for every type of restaurant and bar.

POS 40

POS Bar Brewery Customer Service 40

The Restaurant Times

JUNE 22, 2021

You should first identify the points about your restaurant that make it unique and list them down in the SWOT analysis table. Some of the strengths that restaurants might have are – an innovative menu, good location, good food quality, low prices, satisfying customer service, attractive packaging, and quirky marketing.

Point of Sale 52

Point of Sale Social Media Restaurant Law Government 52

The Restaurant Times

AUGUST 10, 2020

of its total operating budget on purchasing goods and raw materials. Restaurant inventory management software is equipped with detailed reporting features and provides automated reports of most of the restaurant inventory data points discussed in this article. According to a study, a typical restaurant in Singapore spends almost 31.8%

Inventory 52

Inventory Operations Waste Uniforms 52

Black Box Intelligence

AUGUST 31, 2021

Restaurant reviews hold a tremendous amount of sway for consumers. Likewise, negative reviews can completely turn off consumers who were previously excited to dine with you. Restaurant review sites give consumers a massive platform to express their opinion – good or bad. How We Retrieve Data from Restaurant Review Sites.

Social Media 72

Social Media Customer Service Online Ordering Customer Experience 72

The Restaurant Times

JULY 30, 2020

An unfavorable variance percentage implies that raw materials are not being appropriately consumed, which ultimately results in a degradation of quality. Consider these points to ensure that your stock is efficiently used. A restaurant inventory comprises all the items or raw materials required to prepare dishes.

Inventory 52

Inventory Management Management Food Supply 52

Aaron Allen & Associates

FEBRUARY 2, 2019

Increasingly, we’re seeing companies that are looking to provide food via convenient and affordable formats that have attractive unit economics or are more relevant to emerging consumer trends — bringing food to customers where they live, work, eat, play, shop, and so on. There were some 180 food halls in the U.S.

Food Truck 64

Food Truck 2015 Point of Sale Dietary Restrictions 64

7 Shifts

SEPTEMBER 19, 2019

As a restaurant manager, your job is to juggle several responsibilities—from managing employees and controlling costs to creating staff schedules and boosting revenue. 7 Core Restaurant Management Responsibilities Staffing : Hire, fire, train, and manage employees. But restaurant management is the glue that holds it all together.

Management 284

Management Management 2019 Employee Relations 284

Modern Restaurant Management

MARCH 24, 2020

This edition of MRM News Bites features the National Restaurant Association, Absolute Brands, Bacardi, Tito's Vodka, Yum! Brands, Mount Franklin Foods, US Foods, Melt Shop, FoodMaven, Nathan's Famous, Island's Fine Burgers & Drinks, Checkers & Rally’s, Lineage Logistics and Minnow. New Level of Hot Dog.

Food Supply 102

Food Supply Kitchen Safety Cash Management Food Safety 102