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2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

With products now cleared for consumer sale in both the United States and Singapore, the cultivated meat industry is moving from proof of concept and early-stage R&D to a focus on demonstrating scalability, sustainable unit economics, and consumer and customer demand. How was the food sourced or produced?

2024 493
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MRM Research Roundup: Mid-April 2020 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the dismal March restaurant sales, security, loyalty, trends and teen consumer behaviors. Emotional Connection and Loyalty. Studying more than 5,000 customers in a loyalty/rewards program, researchers at Washington University in St.

2020 491
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The Enduring Appeal of Signature Staples at QSRs and Beyond

Modern Restaurant Management

Marketing and Branding: Sustaining the Popularity of Classics Effective marketing and branding play a crucial role in sustaining the popularity of core menu items over time. Effective brand storytelling helps to strengthen emotional brand connections, reinforcing brand loyalty.

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Face Pay Network, Restaurant of the Future and The Main Course

Modern Restaurant Management

PopID accounts also tie to loyalty programs for automatic credit with every purchase. launched US Foods Ghost Kitchens, a program designed to guide restaurant operators every step of the way when opening their own operation, helping them easily add a new revenue stream. They both went through a management training program.

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Untapped Areas of Profitability in a Full-Service Restaurant

Squirrel Systems

Optimizing the Bar Program with Digital Tools Beverages, especially alcoholic ones, offer some of the highest profit margins in the restaurant industry. Implementing a Strategic Digital Loyalty Program A well-executed loyalty program can increase customer retention and repeat visits.

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7 key restaurant revenue streams to prioritize in 2024

7 Shifts

Branded merchandise Selling branded merchandise lets you generate additional income while promoting your restaurant. Eater points out the “pics or it didn’t happen” mentality as one reason branded merchandise has become popular among restaurants.

2024 243
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Safe Distancing Tech and a Farewell to Foam

Modern Restaurant Management

Since its inception in mid-March, more than 500 restaurants around the world have joined the program and are reporting sales ranging from several thousand dollars to up to $60,000. The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When