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Experts have deemed recovery from the pandemic “complete ,” but a new set of challenges has emerged for restaurants: labor shortages, disrupted supply chains, and extreme weather. Amid these potential disruptions, operators need a fresh approach to managing food costs. percent annually. Think of it as an adaptable tool.
egg industry is grappling with a crisis that has sent shockwaves through the foodsupply chain. poultry industry has faced recurring waves of infection, causing drastic fluctuations in egg supply. Supply and Demand Imbalance : With fewer hens laying eggs and production costs soaring, the supply chain struggles to meet demand.
Steady Online Ordering Brings Food Waste, Donations to the Forefront of Priorities Ordering food online increases restaurant sales, but it also can potentially increase wasted food if proactive measures aren’t taken – for both the business and consumers at home.
How rising import taxes may reshape menus, pricing, and sourcing in the restaurant industry. The restaurant experience isnt just about great service and ambianceits deeply tied to ingredient sourcing and food costs. Supplier and Menu Shifts Some restaurants may respond by sourcing more ingredients domestically.
While the cost of food waste isn’t a secret , you probably overlook it, considering it a part of doing business in this industry. It can help you fix discrepancies in ordering and inventory management , minimizing food shrink. The consumer price index for restaurant food costs increased by 7.7% What else can it do for you?
From labor to supply chain to utility bills, restaurant operators are feeling the pressure. We’re not slashing service or trimming the menu. That level of control has helped us reduce waste by nearly 75 percent during slower periods, in addition to serving our guests the freshest food possible.
Menu pricing isnt just about covering costsits about finding that sweet spot where profitability, customer perception, and operational reality meet. Somewhere in between is the number that makes sense for your food costs, your market, and your restaurants unique position. Set prices too low, and youre leaving money on the table.
Everyone in the food industry is feeling the pinch of the economy with reduced consumer patronage in restaurants and even a reduction of produce consumption in the winter months. There are many areas where we have seen food service operators benefit! This makes business tight causing a hard look at any extra costs.
The most accurate measure of land or CO2 “saved” by ordering a PLNT Burger is only attained if every purchase were originally intended to be for a fast-food beef burger instead. On its website, the restaurant describes itself as a place that “strives to source local, sustainable and organic when possible,” and lists its farmers on the menu.
Restaurant operators searching for something versatile that will cross the dayparts need to look no further than their breakfast menu as waffles have been breaking out of the morning. Profitability: Waffles are a low-cost, center-of-the-plate item and one of the most profitable breakfast item menu offerings. Waffles saw a 15.4
” “The volatile policy environment and the supply-chain effect is causing the entire food-away-from-home ecosystem to determine the impact on their financials. .” "The menu implications are here and are impacting consumer demand," he said. "The Costs that would need to be passed on to consumers."
Every restaurant owner should know their food cost percentage—it’s one of the clearest indicators of whether your restaurant is running effectively or if you’re missing opportunities to optimize your business. Food cost percentage is the percentage of your total food sales that goes toward the cost of the ingredients used to make your dishes.
By Indiana Lee, Contributor Guests want to know where their food comes from, how it was raised, and whether it aligns with their values. According to a study from Delierect , 43% of restaurant diners say they are willing to pay more for sustainable dishes, and 68% believe restaurants should take active steps to reduce food waste.
A bar is a profitable business option if you’re looking to enter the food industry. Start by tracking all the income your bar generates, including sales from drinks, food, and any additional services. Analyze your product mix Review the drinks and food items you sell the most and least.
It’s the foundation of knowing your actual food cost. Knowing the true cost per serving means you’re not guessing where to set menu prices. When done correctly, dish costing helps you control food costs, reduce food waste, and price items in a way that supports your restaurant’s financial health without alienating guests.
But CEO Patrick Fore is a big Taco Bell fan, and he was impressed by the way the Mexican fast-food giant hacked a menu category by developing a pizza, said Jon Pavano, brand director of operations for Miami-born Lime Fresh. Instead of a tortilla, Pavano sourced a 14 x 7-inch rectangular stone-fired naan bread for the crust.
Every day, youre juggling staff, food quality, inventory, customer service, purchasing, and moreall while trying to cultivate a dining experience that wows your customers enough to keep them coming back. Customer Service and Experience Great food and drink is only truly enjoyed when its coupled with a great service experience.
According to Mastercard Contactless Consumer Polling, more than half of Americans are now using some form of contactless payment, and several sources state that adoption rate is accelerating amongst younger consumers. It wasn’t just about survival; it was about reinvention.
Levy A host of diverse offerings are on the menu at Wrigley Field, Dodger Stadium, and other arenas this season. When you think of baseball stadium food , youre probably thinking of the classics: hot dogs wrapped in foil, buttery popcorn, a crinkly bag of Cracker Jack. Heres how they got there.
Diners are increasingly conscious of the environmental impact of their meals, not just in terms of ingredients, but also how their food is packaged. The fear is understandable: rising costs, supply inconsistencies, and confusion about materials can make the change feel overwhelming.
One example is OpenAI’s Operator, a tool that can perform web-based tasks like making a restaurant reservation or ordering food from a delivery app. AI agents will no doubt make their way into restaurants themselves, where they could be used to create schedules or order supplies, easing the workload on managers.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.
JAB hired bankers to attract new investors as it considers an IPO for the coffee and food to-go chain. The chain will slash prices by around 5 yuan on frappuccinos, tea lattes, and other selected menu options as consumers become more price-conscious. Madrid, Spain) Mon, 9 Jun – CleverCoffee becomes the highest-ranked EU coffee B Corp.
Continue to Site >>> Menu Forget coffee. Wishnow, a former Dunkin’ and Taco Bell franchisee, tapped menu consultants and brand builders The Culinary Edge to design a menu that falls somewhere between Salad and Go and Sweetgreen, price-wise. The way Greenlane prices its menu has evolved since the first unit opened in 2023.
Italy’s Ministry of Agricultural, Food, and Forestry Policies has even submitted several UNESCO applications to preserve espresso’s Italian roots – although none have so far been successful. Rising menu prices pose a greater risk to independent cafés, which are up against large chains with greater capacity to absorb costs.
Real-time inventory systems help restaurants cut food waste , save money, and improve operations. Integrate with POS Systems : Sync with sales data to refine menu choices and track high-waste items. Tracking Stock Levels in Real Time With real-time inventory tracking, restaurants can keep a close eye on their ingredients and supplies.
Foot traffic or heat mapping, menu item engagement, or consumer demographics by time of day. Offering Bento Packs for individually portioned meals and a la carte buffet-style trays for customizable group settings, L&L’s catering options bring Hawaiian-style comfort food to events large and small throughout our locations nationwide.
In recent years, the food service industry has undergone a rapid transformation of automation and increased technology usage. Fast Food and QSR Value The United States Fast Food & Quick Service Restaurant Market size was valued at US$ 248.8 Growing menu innovation and healthy fast food further drive the growth of the market.
Rising food costs are putting pressure on restaurant marginsbut theres a smarter way to save. By replacing high-cost ingredients with more affordable, equally effective alternatives, operators can reduce food expenses by up to 30%. Restaurants can reduce food costs by 15-30% using smart ingredient swaps and data-driven tools.
From hand-tossed dough to house-made sauces, thoughtfully sourced toppings, to the perfect bake, your product is the fastest way to inform customers that you know what you’re doing. Because pizza isn’t just food—it’s an experience. You could have an extensive or creative menu. A focus on sustainable sourcing?
Running a successful restaurant in 2025 means more than just great food—it requires smart financial decisions. Use these Calculations to Maximize Cost Reduction The food cost percentage is the number one calculation that restaurants can use today to maximize their cost reduction. Food cost control is crucial.
Running a successful restaurant isn’t just about great food and service—it’s also about smart financial management. You probably joined the industry to make delicious food to serve and create a great environment for your patrons. It includes all the cost incurred on food and beverage, payroll, taxes, and benefits).
No matter how much technology evolves, or trends shift, people will always come back for quality food, great value, and friendly service. A key part of this shift is efficient data sharing across the supply chain. The pandemic exposed the need for greater supply chain visibility and traceability in the restaurant industry.
As a chef or restaurant owner, keeping food costs down without sacrificing quality can be a challenge. By swapping out expensive ingredients for more affordable alternatives, you can optimize your menu and significantly reduce food costs. This is perfect for testing ingredient swaps or handling seasonal changes in supply.
Furthermore, digital tools for inventory and labor management became crucial for navigating supply chain disruptions and staffing challenges. We were a sourcing and hiring platform for restaurants. Running a successful restaurant isn’t measured solely by what’s on the menu anymore. Innovate or die was the new mantra.
Restaurants and Food Service: Including fine dining, fast casual, QSRs, cafes, and catering. Detailed Inventory Control: Especially for restaurants, managing perishable inventory (food and beverage) requires meticulous tracking to minimize waste, control COGS margin , and ensure profitability.
There’s the melody of good food, the rhythm of customer service, and the improvisational solos of daily chaos. Master the Menu Before Multiplying It Before you even think about duplicating your operation, you need a menu that’s not just tasty but also replicable. Monitor waste and identify when food costs quietly spike.
returned the following response, derived from multiple sources: A couple things to note there: Though Thai-namite gets top billing, the AI doesnt link directly to its website, like it does for the other two restaurants mentioned. Beerline Cafe does not serve Thai food, but gets lumped in anyway for being vegan. Abdow said.
Executive teams focused on supply chain strategy, pricing discipline, and consumer segmentation to weather the turbulence. The Experience Builders – Stronger SSS Performance CAVA, Texas Roadhouse, and The Cheesecake Factory are going the other way — investing in throughput, hospitality, and fresh menu ideas. Strong Taco Bell U.S.
The lack of power obliterated thousands of dollars in perishable food and supplies at the restaurant, and the Iocovozzis assess the loss of revenue from the closure as approximately $80,000. We all need a place of gathering to enjoy and to relax and to be served and eat good food and feel comforted, Silver says.
These on-again, off-again tariffs are, first of all, creating uncertainty as we try to plan our food and beverage budgets for 2025. Large chains and quick-service restaurants may be able to absorb price increases because they buy in bulk from a variety of sources. Promote Seasonal Menus. Build Alternate Revenue Sources.
Turn Pricing into a Growth Strategy : A smarter approach to menu pricing can boost revenue and profitability without compromising guest experience. Yelp analyzes the millions of reviews on its platform, along with nominations from its community of users, to generate a diverse list of local eateries, from food trucks to fine dining.
Robusta prices fell to their lowest levels since May 2024 after Brazil’s crop reached 69% completion, as improved supply prospects outweighed remaining quality and demand concerns, according to Safras & Mercado. Riyadh, Saudi Arabia) Tue, 15 Jul – Starbucks adds secret menu to mobile app. This figure represents a 49.5%
Meanwhile, according to consumers, here are some opportunities for restaurants: Packaging : 90 percent say they’d order a greater variety of items if the food maintained on-premises quality during delivery; over half would pay more for premium packaging that supported quality during transport. percent for Starbucks, 4.3
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