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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

While restaurant sales were lower for November of 2018, November of 2019 did not include the same holiday headwinds. Second, the shift of Thanksgiving into December of 2019 converts from tailwind to headwind this month. percent from 2018 to 2019, sales for the whole weekend only increased about four percent. First, at 2.1

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Celebrating 90 Years of Fresh, Maine Lobster

Modern Restaurant Management

Our indoor restaurant business started to improve in August of 2019 as more people started to feel comfortable about traveling, especially within driving distance. Food prices are rising all over, how can you manage with a high-ticket item such as lobster? What are the key challenges and advantages of being a seasonal business?

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Restaurant Startup Growth and Business Outlook for 2024

Modern Restaurant Management

The food service industry has seen one of the largest increases in new business applications since 2019, with the introduction of food trucks and other non-traditional eateries. However, a tight labor market and stubbornly high food prices will continue to weigh on restaurant margins in 2024. Census Bureau.

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The Ozempic Effect, How to Make Groceries Affordable Again + More

Food + Tech Connect

The rise of weight-loss drugs like Ozempic is causing ripples throughout the food industry, with nearly 7% of the population expected to use such medications by 2035, potentially transforming the way we approach nutrition. Big food companies and investors are watching as these drugs upend America’s diet industry.

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Tech Investments That Will Help Restaurant Operators Grow Their Business

Modern Restaurant Management

The Association predicts foodservice will reach $997B in sales this year, a vast increase compared to 2019’s $863B in sales. Job growth is another indicator of a healthy industry, with 500,000 new jobs expected and the overall workforce surpassing pre-pandemic employment levels as well.

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Performance Greek Hospitality Industry Performance Q1 2023

Hospitality Net

in 2022 compared to 2019. The Greek luxury hotel sector registered significant growth in 2022 compared2019, supported by the return of the Americans. Travel receipts of international business travel to Greeceincreased by 6.1%

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MRM Franchise Feed: Randy’s Donuts Plans Rise and Burger King Makes Sustainable Commitment

Modern Restaurant Management

Randy’s Donuts began franchising domestically in the summer of 2019. Despite tremendous initial interest in 2019, the Covid crisis put a halt to all discussions in 2020. Saudi Arabia had a successful pop-up store at the 2019 Riyadh Season and is opening its first permanent store in Jeddah this summer.