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How Staffing and Recruitment Futureproofs F&B Growth

Modern Restaurant Management

But the expectations of guests and owners did not change. At the same time, producers, suppliers and shipping companies have increased their prices; rent and energy prices have also continued to go up vis-à-vis the impact of the Ukraine-Russia conflict. Consumer psychology in the F&B industry, for example, has changed.

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Increased Menu Prices Deter Guests As Rapid Check Growth Continues

Black Box Intelligence

Restaurant Guest Satisfaction Snapshot™ – February, 2022. Sales growth was 2.7% percentage points from January’s disappointing -0.8% sales growth reported in December. Despite this rebound, the industry is far from returning to the sales growth rates above 8.0% percentage points during the same period.

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MRM Research Roundup: 2022 Restaurant Trends

Modern Restaurant Management

This edition of MRM Research Roundup features evolving guest relationships, views on restauarant tech, employee desires and wedding trends. 71 percent rely on delivery for 11 percent or more of sales. 33 percent rely on delivery for more than 20 percent of sales. Investment in delivery and mobile ordering pays off.

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MRM Research Roundup: End-of-September 2021 Edition

Modern Restaurant Management

The data also points to a broken customer arrival experience. The data further signaled that price increases have had a significant impact on consumer restaurant habits. Nearly two-thirds (63 percent) of participants indicated they have ordered or visited less due to higher prices. The State of What Feeds Us.

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Restaurant Reopening Resources

Modern Restaurant Management

OpenTable added new features and price cuts for 2020 as they recognize the road to recovery will be long and difficult. Also, the Venga relationship management solution we acquired last year provides a complete view of loyal guests and their feedback. Employee health. Cleaning/sanitizing/disinfecting.

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11 Restaurant Management Best Practices to Maximize Your Performance in 2021

Restaurant365

operators, mostly sales) minus your cash outflows (your operating costs, like food and drink, payroll, rent, etc.) Your cash flow may have been tight in 2020, so 2021 is the time to focus on your cash flow recovery and next steps. Your suppliers may have experienced fluctuations in prices for ingredients in 2020.

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Restaurant Calculations: Financial Metrics Every Restaurateur Should Track to Outperform the Competition

Black Box Intelligence

Comparable Restaurant Sales. Comparable sales data tells you how much your restaurant sales changed year over year. Tracking comparable sales allows you to know whether your performance is consistent with the rest of the market, or if your restaurant is an outlier among the competition. Comparable Restaurant Foot traffic.