Modern Restaurant Management

APRIL 10, 2024

Restaurant operators have faced stiff headwinds since 2020, with a near-constant swirl of inflation, supply chain and labor challenges. According to September 2023 numbers from the National Restaurant Association , 49 percent of restaurants reported year-over-year increases in same-store sales.

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Inventory Point of Sale Food Preparation Staffing 492

Modern Restaurant Management

OCTOBER 30, 2020

Since quarantine lockdowns began mid-March of 2020, restaurants faced unprecedented turmoil. With the median profit margin between 3-5 percent , capacity maximums , and a net industry loss estimated at around $240B by the end of 2020 , every dollar counts. Before global lockdowns, the U.S. restaurant industry suffered from a 74.9

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Staffing Kitchen Display System Recipes Point of Sale 493

Modern Restaurant Management

MARCH 15, 2022

While some restaurants welcomed cryptocurrency before 2020, many are now turning toward cryptocurrencies because of their real-time payment feature – which gives restaurants a much-needed boost. It would be like earning loyalty points at Dunkin’ Donuts and redeeming them at Arby’s. Loyalty Benefits.

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Point of Sale Restaurant Manager Restaurant Management Food Safety 592

Modern Restaurant Management

JULY 29, 2021

In 2020 alone, the FBI received 791,790 internet crime complaints , which is 300,000 more than the year prior. Cybercriminals once infected 1,025 Wendy’s point-of-sale systems to steal credit card data, resulting in a $3.4 Now, as restaurants embrace new technologies, there’s another threat to consider: cybercrime.

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Point of Sale Food Safety Hospitality Hospitality 618

Modern Restaurant Management

APRIL 23, 2021

The program will allow eligible restaurants and other food establishments to access the RRF application or data they need to fill out the application through their point-of-sale (POS) service providers. Point-of-sale service providers who are interested in participating in this program should email restaurants@sba.gov.

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Point of Sale Food and Beverage Food and Beverage Hospitality 322

Modern Restaurant Management

DECEMBER 30, 2021

We’ve seen it throughout 2020 and 2021, and now 2022 is seeing a new version of the same. QR codes, the first of the restaurant-saving technology of 2020, paved the way for newer and better tech discoveries throughout the past two years. The oldest of the tech turned out to be the most tenacious in 2020-2021.

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Customer Experience Restaurant Manager Restaurant Management Point of Sale 579

Modern Restaurant Management

NOVEMBER 8, 2021

By equipping your point-of-sale system to accept contactless payments using a QR code that people can simply scan on a smartphone, you’re empowering your diners to pay at their own pace. It’s Faster : As mentioned above, customers are turning to contactless payment options because they’re convenient.

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Point of Sale 613

Modern Restaurant Management

OCTOBER 26, 2022

A Federal Reserve Bank of San Francisco Diary of Consumer Payment Choice report further revealed that consumers continued to use credit cards and debit cards for most of their payments, accounting for 57 percent of total payments in 2021 compared to 55 percent in 2020 and 54 percent in 2019. percent in 2020.

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Point of Sale Inventory Management Purchasing Inventory 449

Modern Restaurant Management

JULY 13, 2021

When six years of growth for the restaurant industry are wiped away in a year, it’s no surprise that the National Restaurant Association is saying that 2020 was the worst year for restaurants. The research is pointing toward off prem only continuing to grow in popularity with guests.

Inventory 493

Inventory Point of Sale Purchasing 493

Modern Restaurant Management

APRIL 13, 2022

To combat these obstacles among countless others, leaning on point-of-sale (POS) solutions can empower restaurants to quickly leverage new features to maximize profits in a fluctuating service economy. billion combined revenue from April to September 2020, more than twice as much as their combined revenue in 2019.

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Staffing Point of Sale Customer Service Customer Service 539

Modern Restaurant Management

APRIL 5, 2022

As restaurants shuttered across the world due to the pandemic in 2020, deliveries and takeout orders soared. Since March 2020, the company has launched seven new proprietary microbrands under a corporate entity called The Absolute Brands. Eliminating 3rd Party App Charges with Kitchen Point-of-Sale (POS) Systems.

Inventory Management 491

Inventory Management Inventory Point of Sale Inventory Management Software 491

Modern Restaurant Management

AUGUST 12, 2020

Food costs are one of the highest costs for restaurants, ranging anywhere from 20 percent to 40 percent , according to point of sale system provider TouchBistro. The NPD Group reported that digital restaurant orders increased by 63 percent in March 2020 alone. Revamping the Menu.

Online Ordering Systems 508

Online Ordering Systems Point of Sale Restaurant Manager Restaurant Management 508

Modern Restaurant Management

DECEMBER 5, 2022

The restaurant industry is driving the growth of modern point-of-sale (POS) solutions that enable contactless payments. restaurant sales are expected to reach 898 billion dollars by the end of 2022. Contactless payments are here to stay as the technology’s popularity grows.

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Point of Sale Customer Experience 563

Modern Restaurant Management

AUGUST 27, 2021

More than 100,000 eating and drinking establishments closed in 2020, Fortune reported. Some new mover marketing programs even allow clients to validate and scan redemptions at the point of sale. This past year has been a sobering time for restaurants across the country.

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Point of Sale 364

Modern Restaurant Management

MAY 6, 2021

Data from a survey Landed conducted in 2020 found that job candidates’ top three priorities are Learning & Growth, Salary and Location, in that order. During the interview process, if it’s a good high-quality candidate, sell them on your culture and how they can grow in your organization. They have a lot of options.

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Point of Sale Staffing 493

Modern Restaurant Management

OCTOBER 19, 2021

The 2020 entry period garnered more than 23,600 entries for 62 licenses in 30 counties. Many restaurants now incorporate electronic ID checking machines or set point of sale reminders to specify the birthdate a guest must be born on or after to be served alcohol. Know Your Protocol.

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Point of Sale Food Service Food Service Purchasing 539

Modern Restaurant Management

MARCH 10, 2021

From guest management software to kitchen display systems and even finding the right point of sale (POS), these are the digital tools that simplify life for staff and guests alike. Despite the difficulties we faced in 2020, new restaurants continue to open and existing restaurants have eyed coming back after facing bankruptcy.

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Restaurant Management Restaurant Manager Kitchen Display System Recipes 473

Modern Restaurant Management

JULY 21, 2021

Often, franchisees are not provided with their own point of sale (POS) systems and other vital pieces of technology so they end up having to pay full retail prices for these essential items. billion people all around the world were using digital payments in 2020, a jump of 25% from 2017. Standardize Payments Technologies.

Point of Sale 450

Point of Sale Purchasing 450

Modern Restaurant Management

JANUARY 5, 2021

We read it and heard it repeatedly in 2020; COVID-19 has changed the hospitality industry forever. How to adapt the layout of the point of sale, how to demonstrate a commitment to hygienic practices and how the adoption of ordering technologies can promote social distancing and reduce staff/guest contact.

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Point of Sale Hospitality Hospitality 395

Modern Restaurant Management

OCTOBER 13, 2022

A point-of-sale (POS) system can streamline the ordering and preparation processes, making it easier to improve service even during peak service. Many restaurants adopted delivery services out of necessity in 2020. By using a POS system, customers, waiters and cashiers reduce their chances of errors when entering orders.

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Kitchen Display System Point of Sale 450

Modern Restaurant Management

DECEMBER 17, 2024

– Frenchie Audette, VP of Food Service at Divert In 2024, the restaurant industry continued to adjust to changes sparked by 2020. We've already seen how technology has transformed front-of-house operations with the rise of apps like UberEats and DoorDash, as well as advanced point-of-sale systems.

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Inventory Inventory Management Food and Beverage Food and Beverage 419

Modern Restaurant Management

JUNE 24, 2020

Processing is free on all on-demand delivery orders through July 8, 2020—up to $50,000 in sales. Plus, Square is also waiving dispatch fees until July 1, 2020. At Toast, she led the enterprise solutions team in driving initiatives for digital strategies, customer data analytics, restaurant operations, and point of sale.

Point of Sale 539

Point of Sale Hospitality Hospitality Recipes 539

Modern Restaurant Management

OCTOBER 26, 2021

In fact, according to a 2021 report by Sensor Tower , a market intelligence firm focused on the global app economy, downloads of restaurant-branded apps grew by a combined 91 percent in 2020 across fast food, fast-casual and casual dining. By comparison, delivery app downloads only grew by three percent.

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Point of Sale Customer Experience 546

Modern Restaurant Management

FEBRUARY 17, 2020

We’re thrilled to continue to support this incredible team in 2020 and beyond.” We look forward to continuing our partnership in 2020 and uncovering even more valuable ways to attract more customers to Denny's.” Boston also is DeliverThat’s first new market launch of 2020. ” Yelp Adds Products.

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Point of Sale Catering Catering Hospitality 383

Modern Restaurant Management

FEBRUARY 3, 2022

“While our findings reveal just how much has changed since our 2020 report, they also show how resilient FSRs have been throughout these extraordinary times. POS and Payments : Restaurateurs wasted no time investing in new point-of-sale (POS) and payments solutions to help them navigate the pandemic.

Inventory 486

Inventory Point of Sale Staffing 486

Modern Restaurant Management

JUNE 16, 2022

Reports show that 81 percent of fine dining establishments, 78 percent of family restaurants, and 77 percent of fast-casual spots added curbside pickup, pivoting away from dine-in services after March 2020. Different marketing avenues and point-of-sale platforms can lead to a sale with online ordering and e-commerce.

Restaurant Management 472

Restaurant Management Restaurant Manager Kitchen Display System Point of Sale 472

Modern Restaurant Management

APRIL 7, 2023

A 2020 Harvard Business School study reported that 74 percent of businesses do not have the cash on hand to cover an equipment-related expense. Point-of-sale financing is becoming more popular and is expected to make up 13-15 percent of lending products in 2023.

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Point of Sale Food Preparation Customer Experience Food Service 251

Modern Restaurant Management

SEPTEMBER 23, 2020

These include marketing, website development, omnichannel payments and point-of-sale (POS) solutions. "We're The contest ends on December 31, 2020. 2-11, 2020. 16-25, 2020. 13-22, 2020. 11-20, 2020*. To learn more about Smithfield Culinary go to www.smithfieldculinary.com. New York, NY: Nov.

Food and Beverage 517

Food and Beverage Food and Beverage Food Safety Recipes 517

Modern Restaurant Management

DECEMBER 27, 2019

A dedicated platform will be added to the Global Restaurant Investment Forum (GRIF) 2020 programme, Launchbox, for restaurant related start-ups to seek investment for growth, sponsored by innovative property solutions, LXA. GRIF 2020 is the flagship, annual three-day conference in Amsterdam, taking place from 11 – 13 February.

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Food and Beverage Food and Beverage Convention Center Food Service 309

Modern Restaurant Management

SEPTEMBER 3, 2020

New health codes and reopening mandates, plus the safety and perception of patrons, have made it imperative to invest in COVID-approved inventory including masks, gloves, sanitizers, signage (think: at the door, at point of sale, and throughout), as well as the cost of developing or purchasing new training materials and implementing them with staff.

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Point of Sale Purchasing Inventory Chef 502

Modern Restaurant Management

MARCH 16, 2020

data highlights: Usually, QSR brands see a dip in traffic from the last week of February to the first week of March, but three of the eight saw those fortunes turn in 2020. The first half of 2020 is forecast to total 10.23 Point-of-Sale Terminals Market to Grow 2X on Back of Heightened Demand for Cashless Payments.

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Point of Sale Chef Food and Beverage Food and Beverage 305

Modern Restaurant Management

MARCH 11, 2020

The company has continued that momentum in 2020 by adding over 5,000 clients already. Focused on empowering small- and medium-sized businesses (SMBs) by providing enterprise-level solutions at affordable prices, the SpotOn ecosystem goes way beyond traditional payment processing and point-of-sale (POS) software.

Point of Sale 386

Point of Sale Food and Beverage Food and Beverage Purchasing 386

Modern Restaurant Management

JULY 7, 2020

” Guzzetta was ranked as the second Most Influential Restaurant Executive in the country by Nation’s Restaurant News in January 2020. Restaurants can easily map point of sale data to their accounting system, including revenues, revenue offsets, taxes, tenders, and cash drawer events. EarlyBirdCapital Inc.

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Hospitality Hospitality Point of Sale Customer Experience 481

Modern Restaurant Management

DECEMBER 20, 2023

Many rules that held true prior to 2020 no longer apply, so restaurant owners are exploring new boundaries that resonate with the post-pandemic world. After the lockdown period between 2020-2022, diners flocked to restaurants without much concern for the prices.

Food and Beverage 492

Food and Beverage Food and Beverage Chef Staffing 492

Modern Restaurant Management

APRIL 2, 2020

Experienced a decrease in wages or loss of job on or after March 10, 2020. MenuDrive also integrates with several other point of sale systems, including FuturePOS and Clover. This tool is free to use for the whole of 2020, irrespective of your EPOS, Stock system or menu management system. Live in the U.S.,

Food and Beverage 516

Food and Beverage Food and Beverage Hospitality Hospitality 516

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. ” Sync allows Toast customers to create sales journal entries in QuickBooks Online (QBO) with no manual data entry or intervention.

Recipes 527

Recipes Food and Beverage Food and Beverage Hospitality 527

Modern Restaurant Management

MARCH 25, 2021

From guest management software to kitchen display systems and even finding the right point of sale (POS), these are the digital tools that simplify life for staff and guests alike. Despite the difficulties we faced in 2020, new restaurants continue to open and existing restaurants have eyed coming back after facing bankruptcy.

Restaurant Management 221

Restaurant Management Restaurant Manager Kitchen Display System Recipes 221