Remove Food Supply Remove Merchandise Remove Pricing
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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

A bar is a profitable business option if you’re looking to enter the food industry. It just goes to show how important drink pricing and cost management are to maximizing profits. Start by tracking all the income your bar generates, including sales from drinks, food, and any additional services.

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Coffee News Recap, 13 Jun: Gesha scores 98 points at 2025 BoP, potential IPO for Pret A Manger & other stories

Perfect Daily Grind

This set the precedent for future astonishing auction prices, which have since surpassed US $10,000/kg. With the 2025 BoP auction scheduled for 6 August, all eyes will be on the bidders of the 97- and 98-point coffees, as many eagerly anticipate the extent of the prices they’re willing to pay. in the year-ago period.

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MRM Research Roundup: Delivery Fraud, the Playground Effect, and Top 100 Places to Eat

Modern Restaurant Management

Data Gaps Hinder Pricing Strategies : 73 percent of operators lack full confidence in their pricing strategy, with most relying on gut instinct or competitor pricing instead of real-time cost analysis. In fact, 80 businesses on the list are priced under 30 dollars per person.

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MRM Research Roundup: To-Go Trends, State of the Plate, and Black Market Reservations

Modern Restaurant Management

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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Coffee News Recap, 11 Jul:  Joe & the Juice explores US $2.4 billion IPO, 18 countries call for EUDR simplification & other stories

Perfect Daily Grind

Ultimately, EUDR requires more due diligence across the supply chain, and consumers will bear the cost. Liverpool, UK) Wed, 9 Jul – Latest ICO report shows sharp decline in prices and global exports. to 92.4 US cents/lb, with Brazilian arabica FOB export prices down 13% to $1.78/lb In June, the ICO composite indicator fell 9.2%

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Boost Your Restaurant Business with Five Local Marketing Tips

Modern Restaurant Management

Today, examine the effects the pandemic has had on the restaurant and food service industry as well as five simple but effective marketing techniques to boost your local business. Restaurants were harder hit than most because many food related businesses weren’t ready to transition to digital services.

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How to Avoid the Top Seven Restaurant Inventory Management Mistakes

Modern Restaurant Management

Forecasting tools enable managers to purchase food, beverage, and supplies at the right level. Integration between the POS and inventory management software allows inventory to be managed from end-to-end by automating steps such as tracking recipes, uploading invoices and auto-updating item prices.

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