Modern Restaurant Management

DECEMBER 21, 2022

Typically smaller but more frequent increases, especially on the big movers, will produce better, more sustainable results. Typically smaller but more frequent increases, especially on the big movers, will produce better, more sustainable results. Don’t be afraid to increase price. Your CPA can help with this.

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2023 Loyalty Program Mobile Ordering Customer Experience 197

Lavu

NOVEMBER 17, 2023

By comprehending the financial dynamics at play, restaurateurs can make informed decisions that contribute to their overall profits and sustainability. Aggressive marketing with loyalty programs and limited-time offers drives customer traffic and increases sales. To enhance profits, effective food cost management is key.

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Fast Casual Fine Dining Food Truck Loyalty Program 123

Modern Restaurant Management

MAY 5, 2022

After announcing the partnership, the company ran a pilot program in outlets in Denver this month. Innovative Loyalty Schemes. Blockchain technology can allow companies to offer loyalty schemes. It produces brand loyalty around ingredient consistency, protection, sustainability, and sourcing.

Serving 189

Serving Loyalty Program Food Supply Point of Sale 189

Squirrel Systems

FEBRUARY 16, 2024

As we settle into 2024, the restaurant industry stands on the cusp of transformative changes, shaped by evolving consumer preferences, sustainability concerns, and a relentless pace of technological innovation. They support online ordering, mobile payments, and loyalty programs and can integrate with third-party delivery services.

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2024 Technology Menu Mobile Ordering 52

Modern Restaurant Management

DECEMBER 28, 2020

We also think there will be a greater focus on sustainability efforts throughout the industry. We also think there will be a greater focus on sustainability efforts throughout the industry. We celebrate this as it benefits us all when brands focus on sustainability. Lavu CEO Saleem S.

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2021 Mobile Ordering Loyalty Program Kitchen Safety 230

Open for Business

MAY 19, 2023

And showing that you’re aware of the latest trends can attract new guests, build loyalty, and raise your profile. With dozens of cute, emoji-like facial expressions, customers love taking selfies with the robot, making it a great source of word-of-mouth marketing. One way you can connect with them is by making your business greener.

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2023 Hospitality Loyalty Program Email Marketing 78

Modern Restaurant Management

JANUARY 12, 2021

As app-based delivery, drive-through and take-out services surpass indoor dining, not only does providing an excellent customer experience show customers you appreciate their business, but it also enables you to set the stage for customer loyalty that will continue to grow well beyond the pandemic.

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Fast Casual Food Safety Loyalty Program Customer Experience 164

Modern Restaurant Management

JANUARY 12, 2022

But despite these concerns, 46 percent of people noted they will eat out daily to several times a week in coming months and showed a growing loyalty to their favorite brands. Sustainability and healthy options rising in importance. Kicking orders to the curb. 43 percent say it makes them more loyal to the eatery.

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2022 Mobile Ordering Guest Recovery Point of Sale 215

MBB Hospitality

NOVEMBER 15, 2023

Regularly reviewing vendor contracts and negotiating based on your volume and loyalty can significantly lower the cost of goods sold (COGS). Waste Reduction and Sustainability Practices Minimizing waste is crucial in managing restaurant food costs. Training for Efficiency Staff training is a critical component in controlling costs.

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Seasonal Menu Food Waste Loyalty Program 52

The Restaurant Times

NOVEMBER 20, 2021

The slowdown in the F&B sector due to the pandemic has compelled restaurant operators to think about better ways to sustain and grow their businesses in the future. Introducing Customer Loyalty Programs. They believe that gaining new customers and retaining existing ones was the key to a sustainable business in tough times.

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Loyalty Program Online Ordering Point of Sale Mobile Ordering 52

The Restaurant Times

FEBRUARY 22, 2022

Sustainable Business Practices . More than a decade ago, millennials started to advocate the cause of sustainability, and Gen Z has only added to it. The concept of sustainable business growth has developed significantly over time. Popular Restaurant Start-Up Trends 2022. Ensure that restaurant workers are paid a decent wage.

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2022 Front of House Cash Management Online Ordering 98

The Restaurant Times

OCTOBER 3, 2023

Goodhew leads the technology strategy and execution at BurgerFi, where he oversees the digital platforms, loyalty program, online ordering capabilities, and store systems that deliver a seamless guest experience and drive business growth.

Innovation 52

Innovation Fast Casual Retail Loyalty Program 52

Modern Restaurant Management

SEPTEMBER 15, 2021

The “support local” movement that helped sustain several restaurants during the pandemic won’t be going away any time soon, with more Canadians purchasing and ordering from their local restaurants directly, and for items other than just takeout or delivery. During the pandemic, meals sourced from home rose to 86 percent.

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2021 Loyalty Program Retail Online Ordering 178

EATER

MARCH 7, 2023

“To the north, you have the Kelly Miller housing projects, where about 94 percent of residents are below the federal poverty limit and most are unemployed,” says James, who worked as the farm programs manager at Common Good City Farm until early January. “To But it hasn’t been an easy few years for farms using the pay-what-you-can model.

Marketing 104

Marketing Loyalty Program Pricing Back of House 104

The Restaurant Times

NOVEMBER 15, 2021

Restrictions imposed on restaurants as a result of the coronavirus outbreak, on the other hand, have led several to reassess their strategies for reaching and sustaining operating efficiency. Source: Unsplash. Loyalty Programs. Online Ordering.

Loyalty Program 52

Loyalty Program Online Ordering Social Media Point of Sale 52

Modern Restaurant Management

DECEMBER 16, 2021

We expect restaurants to place more emphasis on these things given increased competition in the space as operators aim to increase brand loyalty both internally and externally. Additionally, these software platforms have been critical in helping companies strategically source raw materials effectively. Kari Hensien, RizePoint CEO.

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2022 Food Supply Back of House Kitchen Safety 180

Modern Restaurant Management

OCTOBER 22, 2020

Together, they are launching the Pathways to Black Franchise Ownership program, an innovative personal development training initiative that equips potential business owners to operate high-performing businesses. The program’s goal is to create 100 Black-owned franchise restaurants by the end of 2022 and to continue growing that number.

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Franchise Franchising Loyalty Program Kitchen Safety 154

Modern Restaurant Management

FEBRUARY 10, 2020

The organization’s registered dietitians, nurses and medical doctors deliver lunch-and-learns and employee wellness programs in hospitals to provide the education on the evidence behind plant-based nutrition. PCRM also helps hospitals with implementation of new plant-based menu items. Health Care Without Harm.

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Hospitality Food Consumer Goods Point of Sale 183

Mad Mobile

MARCH 1, 2024

Essentially, it gives you access to interactive features that replace the server’s sourcing stories and interpretations of the chef’s dishes. Environmental impact and sustainability It may not be the first thing that comes to mind when transitioning your establishment to a digital-first POS system.

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Seasonal Menu POS Loyalty Program Customer Experience 40

Restaurant Engine

AUGUST 9, 2023

Tip #3: Showcase Sustainability Research shows customers are more environmentally conscious than ever. So, another way to take your restaurant to the next level is to showcase your commitment to sustainability. Here are some tips to take your restaurant to the next level: Incorporate a loyalty reward program.

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Compost Recycling Website Management Employee Relations 52

Modern Restaurant Management

JULY 30, 2021

This program, piloted last year, is designed to help KFC team members build short-term savings and create lasting savings behaviors. “This program is a way to empower and equip restaurant employees with tools and resources to help them succeed and achieve their goals. To be able to offer these types of resources means a lot.

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Franchise Franchising Fast Casual Point of Sale 203

Modern Restaurant Management

APRIL 15, 2020

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 196

2020 Fast Casual Point of Sale Online Ordering 196

Modern Restaurant Management

MAY 24, 2024

This stresses the need for customer retention programs. Thus, loyalty programs are the best ROI-driven strategy for customer retention. This customer loyalty stays strong, negating the changing market landscape. This kind of repeated business is a source of stable revenue essential for improved financial health.

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Loyalty Program Point of Sale Email Marketing Customer Experience 100

Apicbase

DECEMBER 8, 2022

In addition, creating an exceptional customer experience at all touchpoints remains crucial to attracting customers, building loyalty and ensuring a stable revenue stream. Data-driven restaurants continuously gather data from multiple sources, using the combined insights to improve operational and resource efficiency. Remove friction.

2023 52

2023 Food Supply Online Ordering Kitchen Safety 52

Restaurant365

JULY 29, 2021

Increased focus on restaurant loyalty programs or custom mobile apps. Your updated terms with vendors should include details about sourcing your inventory or negotiating any prepayment or updated credit lines. Changes in restaurant layout to maximize outdoor space, plus adding temperature controls.

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Cash Management Point of Sale Inventory 2021 78

Mad Mobile

FEBRUARY 22, 2024

25% to 95% Boost to profits spurred by a 5% increase in customer retention via loyalty programs. With insights drawn from leading industry sources, we aim to equip you with the knowledge and tools to navigate this digital transformation, ensuring your restaurant not only keeps pace with the times but thrives in the face of change.

2024 40

2024 Technology Customer Experience Dietary Restrictions 40

Restaurant365

NOVEMBER 19, 2019

In addition to migrating toward a more health-conscious style of eating, customers increasingly have questions about sustainability in the sourcing of ingredients. In addition, more than half of smartphone users report using their phones to take advantage of special deals, rewards, or loyalty programs from restaurants.

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Operations 2020 Mobile Ordering Social Media 92

The Restaurant Times

NOVEMBER 6, 2020

With an abundance of restaurant data monitoring systems, operators are now collecting and analyzing performance-related data from multiple sources to have a better understanding of their business. The viability of a restaurant business highly depends on its ability to sustain profits. are a part of financial data collection.

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Management Management Cash Management Point of Sale 64

Modern Restaurant Management

JULY 20, 2021

"This report provides valuable insight into all the ways restaurant brands can improve the online to offline customer experience and drive brand loyalty." A Movement Toward Sustainability and Healthier Options. " On Premise Impact. ” Key Findings. . ” Key Findings.

2021 189

2021 Guest Recovery Online Ordering Point of Sale 189

Modern Restaurant Management

DECEMBER 20, 2023

With growing awareness of climate change and sustainability, some restaurants were seen as lagging in adopting eco-friendly practices and minimising their carbon footprint. Co-founder, Carbonate Looking back at 2023, I witnessed a significant shift in how restaurants approach loyalty programs.

2023 197

2023 Loyalty Program Mobile Ordering Consumer Goods 197

Modern Restaurant Management

JANUARY 2, 2024

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?

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2024 Fast Casual Insurance Food Safety 197

Modern Restaurant Management

DECEMBER 19, 2023

. – Frances Allen, President and CEO, Checkers Brand loyalty took priority in 2023. Building these relationships with customers is key to attracting new guests and fostering long-term brand loyalty across locations. – Christine Barone, President, Dutch Bros. – Joe Hand Jr.,

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2023 Front of House Customer Experience Customer Service 117

Modern Restaurant Management

FEBRUARY 18, 2020

” Their answers touched on a variety of subjects including AI, virtual reality, virtual kitchens, staffing and retention, social media marketing, sustainability and third-party delivery. In fact, customers are even rewarded through generous loyalty programs and restaurants can improve the efficiency of its operations in the process.

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Mobile Ordering Front of House Fast Casual Customer Service 215

Squirrel Systems

MAY 17, 2024

Restaurant operators can create a stable and sustainable growth path by focusing on these key areas. By spreading revenue sources, you can reduce dependency on a single income stream and better weather economic fluctuations. Use this data to personalize marketing efforts, improve service, and build loyalty.

Operations 52

Operations Loyalty Program Cash Management Point of Sale 52

Modern Restaurant Management

DECEMBER 21, 2022

As mentioned before, this expands the need for loyalty programs, and also demands an agile technology stack that can go where customers are, as well as bring customers in. Loyalty will continue to get more personal and less transactional. Gamification will play a larger role in driving brand loyalty.

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2023 Loyalty Program Fast Casual Customer Experience 167

Apicbase

FEBRUARY 29, 2024

85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. Toast , 2023) 58% of operators said that rising inventory costs was their number one source of financial strain in 2023. million tons in 2020 and 12 million tons in 2021. That’s 4% more than the previous year.

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2024 Operations 2023 Loyalty Program 52

The Food Corridor

MARCH 27, 2023

It’s challenging to build loyalty without a recognized brand so virtual restaurants must do everything they can to build a digital brand. Reliance on third-party delivery apps For all the benefits of using delivery apps, it’s never a good business decision to rely on one source of customers. Munchery, ($125.4 million) Sprig, ($56.7

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Kitchen Safety Delivery Online Ordering Food Order 59