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Cracking the Egg Crisis: Understanding Rising Prices, Supply Chain Solutions, and Strategies for Producers

Modern Restaurant Management

This devastating disease has led to the culling of over 20 million egg-laying hens in the last quarter of 2024 alone. Unlike localized contamination incidents—such as the recall of 10,800 units of Kirkland Signature Organic Pasture Raised Eggs due to Salmonella concerns in late 2024—the impact of HPAI is far-reaching.

Supplies 373
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Four Lessons That Shaped My Restaurant Industry Journey

Modern Restaurant Management

The future of restaurant tech isn’t just about speed, it’s about revolutionizing life for operators, staff and guests. Managing product testing and rollout schedules reinforced the value of planning and precision, ensuring consistency across 50 new restaurant openings.

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No Reservations About Putting Restaurants First

Modern Restaurant Management

A major milestone in our evolution came in October 2024 when Tock was acquired by American Express and began the process of working toward a unified future in hospitality with our sister brand Resy. 3 According to a guest’s lifetime reservations in Resy proprietary data, as of September 2024.

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What Does 2024 Look Like for the Restaurant Industry?

Modern Restaurant Management

It’s the perfect time to look back on a few things we learned in 2023 – based on recent survey data from our restaurant partners – as well as what we predict for the industry in 2024. 2024’s Outlook: Positive The restaurant industry is cautiously optimistic as we head into the new year.

2024 506
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TGI Fridays Files Voluntary Chapter 11

Modern Restaurant Management

If you look at 2024, we can see that the company’s DBT started off at 13, but then rose drastically to 23 the next month (February) and then dropped to between 13 and 15 for the next four months. . " In October 2024, for example, 94.32 percent of its outstanding bills were categorized as being 1-30 days past due.

2024 221
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A Tight Labor Market: The New Normal

Modern Restaurant Management

The tightening labor market of 2024 presents a complex set of challenges for business owners, from a shrinking labor force to the increasing prevalence of counteroffers. percent in 2032 , indicating a tighter labor market may be our new reality for the foreseeable future. percent in 2022 to 60.4

Marketing 418
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MRM Research Roundup: Experimentation, Valentine’s Vibe Shift, and Wine Cork Market

Modern Restaurant Management

Year of Experimentation Square released early insights from its forthcoming annual Future of Commerce report, providing a unique look at the restaurant, retail and beauty industries across the US, Canada, UK, and Australia. titled Chili’s and Texas Roadhouse: Full-Service Success in 2024. percent year-over-year during 2024.

Marketing 221