Modern Restaurant Management

DECEMBER 30, 2024

Fast food and food delivery gradually began changing that equation. Then, in 2020, we saw the restaurant industry go through a major digital upheaval, spurred by the COVID-19 pandemic. The restaurant experience was once solely comprised of human-to-human, in-person experiences.

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Modern Restaurant Management

MAY 1, 2020

Q1 Yelp Economic Average (YEA) , which takes a holistic look at the local economic changes since the start of 2020, focused on the economic impact of COVID-19. Key restaurant findings from the Q1 2020 YEA include: More than 30,000 restaurants have shut down – temporarily or permanently – as of Sunday, April 19. Eating 2020.

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Modern Restaurant Management

JULY 6, 2022

Restaurant traffic, while recovering and up nine percent in 2021 compared to 2020, is still 4 percent below pre-pandemic levels, with smaller chains and independent restaurants down by nine percent, according to a study by The NPD Group. By decreasing overall disposable income, inflation erodes consumer purchasing power.

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Modern Restaurant Management

DECEMBER 16, 2019

Unfortunately, with consumers making more purchases from home, a trend that shows no signs of lessening, eating out is likely to be limited.” November and December purchases typically account for upwards of 50 percent of annual gift cards sales. That points to decent, but not great, overall holiday shopping. Baby Products.

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Modern Restaurant Management

MAY 7, 2021

Despite tremendous initial interest in 2019, the Covid crisis put a halt to all discussions in 2020. Mark Kelegian and his family purchased Randy’s Donuts in 2015. ’ We’re one of the only restaurants serving filet mignon and lobster at fast food prices.”

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Modern Restaurant Management

JANUARY 31, 2020

A Tough Year for Retail, Food, and Auto Businesses. Three crucial sectors dragged down the local economy in 2019 and each one is expected to keep falling in the beginning of 2020. The weakest business categories varied by type and price point, and included stores selling mobile phones, shoes, and appliances. and Connecticut.

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GFI

APRIL 11, 2023

Given plant-based meat’s premium price and this period of inflation, this may have influenced consumers to trade down, underscoring the importance of reaching price parity with conventional meat. Purchasing patterns can further illuminate some of the factors at play. This article dives deep into plant-based meat sales.

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