Modern Restaurant Management

SEPTEMBER 23, 2020

Tastewise, an AI-powered food intelligence solution, launched in the UK. With real-time data into consumer behavior data, the solution offers immediate, location-specific food and beverage insights into an industry that is changing faster than ever before. ” Tastewise Data. social interactions, and 1.2M online recipes.

Serving

Restaurant365

MAY 26, 2020

Your prime cost is a fundamental metric to track, because it includes your two largest expenses: food and labor. For a restaurant, this includes your food and beverage ingredients, as well as other supplies like napkins, coffee filters, etc. Employee Wages + Taxes + Benefits + Insurance = Total Labor Cost.

Point of Sale

Modern Restaurant Management

DECEMBER 16, 2019

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.

2019

Cheetah

JULY 1, 2021

Many customers relate to the plight of service staff and are fine paying for what is clearly intended to supplement higher wages. Investing in retention will help battle the high employee turnover rate plaguing the restaurant industry right now. Download the app to start saving ! . Is it fair towards customers?

Customer Experience

Cheetah

JULY 1, 2021

Many customers relate to the plight of service staff and are fine paying for what is clearly intended to supplement higher wages. Investing in retention will help battle the high employee turnover rate plaguing the restaurant industry right now. Download the app to start saving ! . Is it fair towards customers?

Customer Experience

Black Box Intelligence

MARCH 10, 2020

Download the infographic on the side bar. Workforce Intelligence clients can download the full report in their EFC’s. Despite many companies beginning to bring back employees from furlough, of those people employed by chain restaurants back in January, only 45% of them remain actively employed today on average.

Point of Sale

Cheetah

MAY 31, 2021

With a widespread delivery infrastructure already in place they are obviously benefitting from the recent boom in food delivery. While they claim to be a lifeline for restaurants amidst lockdowns and an increasingly delivery-driven world, the fees of major food delivery apps are not exactly sustainable. Think we’re pulling your leg?

Delivery

Modern Restaurant Management

DECEMBER 12, 2019

Jim Hicks will support existing Nathan’s Famous franchisees and their management teams by developing new systems and procedures to maximize sales for each store, manage the supply chain, as well as work with new franchisees through the various stages of the restaurant development process. ” Del Taco Lands 10-Unit Development Deal.

Franchising

Modern Restaurant Management

FEBRUARY 19, 2020

Checkers & Rally’s will continue its tradition of putting the customer first and serving its communities by delivering high quality, craveable food at exceptional values. Most of the locations will retain a drive-thru, with a focus on to-go and grab-and-go foods, and some will also feature an eat-in dining area.

Franchising

Lavu

MAY 30, 2025

Running a successful restaurant takes more than great food and serviceit requires a solid grasp of your finances. These are the fixed and variable expenses that keep your business running, from rent and utilities to staffing and supplies. Throwing food in the trash is almost equivalent to throwing money in the garbage.

Cash Management

Restaurant365

OCTOBER 23, 2019

Cost of Goods Sold (COGS) is the combined costs of food and beverage ingredients that were sold at your restaurant over a certain period of time. COGS totaled takes into account the ingredients that make up your food andbeverage sales, and related supplies (like napkins or coffee filters). Example of a Prime Cost Formula.

Point of Sale

Lavu

DECEMBER 12, 2022

List all the cash that’s going out each week and each month, including: Rent, loans, or mortgage payments Food and drink ingredients Labor costs Supplies An essential tool for monitoring cash coming in and out of your business is a point-of-sale (POS) system. Learn More: Which Accounting Reports Should Your Restaurant Keep?

Cash Management

Touch Bistro

JUNE 22, 2021

That means you can support your employees, grow your restaurant empire, and even launch a new product line. For the food service industry, operating costs include things like payroll, rent, and food costs. Work with Food Suppliers. Restaurants spend between 20% and 40% of their operating costs on food.

Operations

Apicbase

AUGUST 29, 2024

For multi-site food and beverage businesses, maintaining operational excellence across all locations can be daunting. What Is Food and Beverage Management? Food and beverage management, often abbreviated as F&B management, involves overseeing the operations of establishments that serve food and drinks.

Beverage

Apicbase

NOVEMBER 4, 2022

As employees were forced to work from home, businesses were forced to adapt to the changing climate of corporate office work. Moreover, with the help of data aggregation and analysis, restaurant owners know what parts of their business are underperforming, whether they be food quality, sale frequency, or customer experience related.

Hospitality

Apicbase

APRIL 5, 2022

Free download. Restaurant franchising has been around since the 1920s, used mainly by fast-food chains like McDonald’s, KFC, and Taco Bell. In addition, Four Gals provides a complete support package that includes extensive training, marketing and public relations support, advice on pricing, and real-estate know-how.

Franchising

Modern Restaurant Management

OCTOBER 4, 2021

App downloads remain strong. 59 percent downloaded at least one new restaurant app in the last three months. · Better prices could yield more app downloads. . · · Better prices could yield more app downloads. Loyalty programs are most popular for fast food. Mobile orders are on the rise.

2021

Modern Restaurant Management

JULY 27, 2020

Interest for alcohol-related experiences has increased since June 1, relative to other food activities, with a rise in consumer interest for wineries (up 51 percent), cideries (up 39 percent), breweries (up 24 percent) and distilleries (up 19 percent).

Franchising

Modern Restaurant Management

JUNE 19, 2020

Did not reduce the salaries or wages of their employees by more than 25 percent, and did not reduce the number or hours of their employees; OR. Experienced reductions in business activity as a result of health directives related to COVID-19, and did not reduce the salaries or wages of their employees by more than 25 percent.

Food Safety

Modern Restaurant Management

JANUARY 31, 2020

percent from the previous year, led by underperformance in restaurant, food and nightlight categories, as well as brick-and-mortar shops. voted Republican in 2016 – North Dakota, South Dakota, Wyoming, and Alaska – with services sectors and several food-related economic growth trended blue — Washington D.C.,

2020

Modern Restaurant Management

DECEMBER 28, 2020

The younger generations don’t just want great food, they expect memorable experiences. Through better employee training in 2021, brands can make sure their five-star app isn’t ruined by a disjointed in-person experience. Making guests feel that their food is being prepared and served in a safe way will be integral.

2021

Modern Restaurant Management

AUGUST 28, 2020

Mentors on the platform harbor vast expertise on a variety of culinary related topics, bringing a range of perspectives and backgrounds to chefs around the country in need of support and advice. He began his life-long career in the hospitality business at the food service division of Stouffer in Newark, N.J., Plamondon, Sr. Dies at 88.

Allergens

Modern Restaurant Management

APRIL 20, 2021

The most popular COVID-related safety offerings people look for when booking a venue included outdoor spaces (47 percent) and socially-distanced floor plans (40 percent). 62 percent of consumers have gone out to the On Premise for food since venues reopened, and 16 percent for a drink led occasion. Pet Supplies Plus.

2021

Black Box Intelligence

NOVEMBER 1, 2021

Click here for the free download. . Not only is turnover rising for all employees, the percentage of new hires that leave the company within the first 90 days of employment is also increasing. Guest Intelligence tracks 6 main categories ‘food’, ‘beverage’, ‘service’, ‘ambiance’, ‘value’ and ‘intent on return’. October 19, 2021.

Fast Casual

Modern Restaurant Management

JUNE 8, 2020

. … “Our focus will now shift toward achieving similar bipartisan results in the Senate because enacting these PPP changes will help restaurants get the relief they need to get employees back to work and the industry on the path to recovery.” US Foods Holding Corp. Free Reopening Kits.

Guest Recovery

Modern Restaurant Management

JULY 1, 2021

In this edition of MRM Research Roundup, we feature top foods of 2021, customer satisfaction, the Good Food 100 and shopping sentiments, State of the Plate. And while last year's top food, the wildly popular spicy chicken sandwich, didn't make the list, the Nashville hot chicken sandwich still made the top 10.

2021

EATER

MAY 20, 2020

When the Center eventually released a guide, quietly posting it online without a formal announcement, the document devoted just four pages to food service, placing details in an appendix among other industries. But the industry-spanning collaborative effort may also set the tone for the new normal in food service.

Kitchen Safety

EATER

MAY 14, 2020

The most comprehensive guide yet comes from the James Beard Foundation and the Food and Society Program at the Aspen Institute, a response to the persistent desire for a single, streamlined playbook. But the industry-spanning collaborative effort may also set the tone for the new normal in food service.

Kitchen Safety

Focus POS

AUGUST 19, 2020

Download our free ebook: 6 Ways to Future Proof Your Restaurant. Provide your staff with protective supplies like masks and gloves, and create a clear sanitization schedule. . Avoid attracting animals or insects by clearing away uneaten food and falling debris quickly. . Consider C ustomer and S taff S afety .

Seating

Perfect Daily Grind

APRIL 29, 2022

National Labour Relations Board files for injunction over firing unionised Starbucks employees. The food and beverage ingredients company acquired the roaster for CA $150 million (around US $117 million). following supply chain disruptions. The company reported its 2022 first quarter revenue at US $5.9 billion by 2032.

2022

Modern Restaurant Management

AUGUST 31, 2021

The report illustrates the continued impact of the COVID-19 pandemic on the restaurant industry and provides an updated look at key indicators and trends influencing the industry's recovery as of June/July 2021, including the current state of the economy, workforce, and food and beverage sales. Labor and Food Costs Remain Top Challenges.

2021

Cheetah

MAY 3, 2021

Like the unstoppable Kraken, this food truck continued taking delivery as well as takeout orders on selected street corners around San Francisco, private and corporate events, and catering affairs throughout the pandemic, all while keeping employees and hungry customers safe from germs. A Whole Lotta Supplies for a Whole Lotta Flavor.

Food Truck

RGU

DECEMBER 16, 2019

​ In recent restaurant news, Shake Shack’s third-quarter sale numbers are in — the first report since its exclusive partnership with Grubhub, a food delivery service. Multiple Partners And Market Saturation Grubhub was one of the first majorly successful food delivery services, founded in 2004. Each major U.S.

Marketing