Modern Restaurant Management

APRIL 15, 2020

According to our survey, consumers reference these precautions before making a purchase decision. Consider a gift card with purchase to earn repeat business or a free with purchase high-margin item with perceived value (coffee / soda / etc.). Zenreach experts expect more material declines are yet to come for these markets.

Food and Beverage 491

Food and Beverage Food and Beverage Purchasing Restaurant Management 491

Modern Restaurant Management

JULY 6, 2020

In May 2020, Governor John Bel Edwards of Louisiana signed three bills into law providing Louisiana businesses with protection from most lawsuits involving COVID-19 deaths or injuries. The bills took effect immediately and are retroactive to March 11, 2020. The original deadline to apply for the loans was June 30, 2020.

FDA 378

FDA Food and Beverage Food and Beverage Restaurant Management 378

Modern Restaurant Management

AUGUST 31, 2020

Under the Court’s ruling, foie gras could be legally sold to California consumers provided that the seller is located outside of California, the foie gras being purchased is not present within California at the time of sale, the transaction is processed outside of California, and payment is received and processed outside of California.

Food and Beverage 410

Food and Beverage Food and Beverage FDA Restaurant Management 410

Modern Restaurant Management

OCTOBER 29, 2024

A GFK study of over 12,000 adults across 12 countries, found that more shopping journeys that lead to purchases start on Meta technologies than on any other platform 2 , and for restaurants specifically, Meta ads were the second highest contributor to incremental sales after TV 3. The proof is, well, in the pudding. Meta Study, June 2024.

Food and Beverage 447

Food and Beverage Food and Beverage Purchasing 447

Modern Restaurant Management

NOVEMBER 17, 2020

Online ordering is obviously huge in 2020, and customers are craving comfort food when they’re ordering in, according to Upserve’s new 2020 State of the Restaurant Industry data collected from the company's 10,000+ restaurant customers. State of the Industry. Holiday Plans Impacted by COVID. The sheer convenience.

Food and Beverage 402

Food and Beverage Food and Beverage Purchasing Catering 402

Modern Restaurant Management

AUGUST 17, 2020

Consumers rallied to support local restaurants, as nearly 40 percent of respondents in the US and 36 percent in the UK noted they purchased more frequently from independent brands during stay-at-home-orders. This is compared to only 23 percent of the US and 17 percent of UK consumers reporting an increase in purchasing from national chains.

Food and Beverage 493

Food and Beverage Food and Beverage Purchasing Point of Sale 493

Modern Restaurant Management

DECEMBER 17, 2020

The 2020 holiday season may not offer the same gatherings, parties and hoopla of years’ past, but diners are making sure it is still filled with amazing food. Three quarters of all consumers are considering restaurant gift card purchases this year. Diners Show Holiday Spirit. Hassle-free holiday meals. .” Getting sauced.

Food and Beverage 419

Food and Beverage Food and Beverage Purchasing K-12 419

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.

Food and Beverage 479

Food and Beverage Food and Beverage Purchasing Food Supply 479

Modern Restaurant Management

DECEMBER 21, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their perspection on 2020: What lessons did you learn and what do you feel the restaurant industry learned this year? In 2020 the restaurant industry learned that offering delivery and running an efficient operation is necessary to stay alive.

Staffing 450

Staffing Customer Experience Culinary Education Purchasing 450

Modern Restaurant Management

SEPTEMBER 30, 2020

Regardless of their party affiliation, small business decision makers view the outcome of the 2020 election as consequential: 81 percent say it will impact small businesses in the U.S., Rabobank estimates the pandemic has accelerated online food and beverage purchasing penetration by 18 months. Broader SMB concerns.

Food and Beverage 474

Food and Beverage Food and Beverage Purchasing Hospitality 474

Modern Restaurant Management

DECEMBER 30, 2024

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. Fast food and food delivery gradually began changing that equation.

Customer Experience 519

Customer Experience Food Prices Customer Service Customer Service 519

Modern Restaurant Management

NOVEMBER 5, 2021

Food service suppliers have been scrambling to keep pace with fluctuating demand in a supply chain that has been anything but predictable since 2020. hit an all-time low of $30 billion in April 2020. How Innovative Supply Chain Technology Can Empower Purchase Decisions. Total restaurant industry sales in the U.S.

Purchasing 590

Purchasing Food Service Food Service 590

Modern Restaurant Management

JANUARY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features a gloomy start to the new year, dining trends for 2020, the importance of discounts, holiday gift card sales results, delivery frustrations, soda curiosity and a consumer culture report. An Uncertain Start to 2020? Download the full report here.

Food and Beverage 275

Food and Beverage Food and Beverage Purchasing Restaurant Management 275

Modern Restaurant Management

MARCH 31, 2020

In a newly released deck, it shows the steep decline of foot traffic to America’s businesses in March 2020 due to the spread of Covid19 and associated governmental “shelter in place” orders. New York businesses saw a decline beginning as early as March 9, 2020 and now show a 61 percent YOY decline.

Food and Beverage 282

Food and Beverage Food and Beverage Food Safety Purchasing 282

Modern Restaurant Management

OCTOBER 6, 2020

Then the pandemic hit and the industry faced a new reality where 85 percent of independent restaurants could close by the end of 2020, according to the Independent Restaurant Coalition. “People wanted a place where they feel safe and know they can purchase their daily and weekly grocery needs,” Samuel, owner Café 1948.

Purchasing 493

Purchasing 493

Modern Restaurant Management

OCTOBER 22, 2020

In addition, 210,000 businesses have reopened that were once temporarily closed, with a large increase of reopenings in September 2020. New restaurant openings in Q3 2020 are only down 10 percent compared to Q3 2019. In Q3 2020, the share of U.S. And the share of U.S.

Purchasing 495

Purchasing Catering Catering Restaurant Management 495

Modern Restaurant Management

JUNE 15, 2021

Nearly 6,600 new restaurant and food businesses opened in May 2021, a 42 percent increase from May 2020 and down by only 21 percent from May 2019. The latest report reveals behavior and intent of consumers in areas including path to purchase, cocktail ordering, RTD consumption and takeout/delivery. Pennsylvania. North Carolina.

Purchasing 493

Purchasing 493

Modern Restaurant Management

FEBRUARY 11, 2021

The company discovered that bad actors are advertising their services on Telegram forums in order to purchase food and beverage orders at a reduced price, using stolen payment information on behalf of customers. million users in 2020, according to Statista. million users in 2019 to 45.6

Food and Beverage 474

Food and Beverage Food and Beverage Purchasing 474

Modern Restaurant Management

JANUARY 18, 2021

As the world quickly came to a screeching halt in the early months of 2020, restaurants quickly accelerated an already existing shift towards digitalization to adapt to customers' new safety and priorities. The 2020 rush to digital is over, and now’s time to turn it from a necessity to an asset. Facilitate Frequency.

Purchasing 508

Purchasing Customer Experience 508

Modern Restaurant Management

NOVEMBER 11, 2020

Comfort food, outdoor dining, Riesling and streamlined menus were top trends for 2020, according to Kimpton Hotels & Restaurants ' seventh annual Culinary & Cocktail Trend Forecast for 2021. Culinary: 2020 Takeaways. Cocktail/Beverage: 2020 Takeaways. Treat Yourself: Restaurant Edition. Pour Me a Strong One.

Food and Beverage 474

Food and Beverage Food and Beverage Chef Purchasing 474

Modern Restaurant Management

AUGUST 2, 2021

The edition of MRM Research Roundup features restaurant payment transaction data, foodservice equipment purchasing and the lasting appeal of chicken sandwiches. billion on a seasonally-adjusted basis – the highest level since February 2020. Over half (52 percent) of consumers said a sale will drive an impulse purchase.

Purchasing 450

Purchasing Food and Beverage Food and Beverage School Lunch 450

Modern Restaurant Management

NOVEMBER 24, 2020

That said, restaurants didn’t have COVID-19 written into their budget at the beginning of 2020. Explore areas where you can purchase supplies in bulk to cut long-term costs, consider raising prices where it makes sense, and work to improve discounts and payment terms with your suppliers. Hire the Right People.

Staffing 576

Staffing Customer Service Customer Service Purchasing 576

Modern Restaurant Management

FEBRUARY 17, 2021

restaurants, the industry demonstrated its resiliency against a variety of headwinds throughout 2020 by rising from a -35 percent traffic decline in April to a -11 percent visit decrease in December compared to year ago, reports The NPD Group. Carry-out ended 2020 holding 46 percent of off-premises order share. Restaurant Resiliency.

Purchasing 474

Purchasing Hospitality Hospitality 474

Modern Restaurant Management

JULY 23, 2021

In 2020, Starbucks reported that nearly a quarter of all its orders in the U.S. With every click and purchase, customers reveal their intentions and preferences. This year, 42 percent of restaurant brands plan to invest in customer loyalty programs. were placed from a phone. Data Analysis to Target Audiences.

Food and Beverage 558

Food and Beverage Food and Beverage Purchasing 558

Modern Restaurant Management

AUGUST 11, 2020

Ask attendees to register and purchase tickets online, then email them the link to the performance when it’s showtime. You can experiment and then look into purchasing more professional equipment as your virtual offerings expand. You can still hold these shows at your venue with a virtual audience. Classes and Tastings.

Catering 531

Catering Catering Food and Beverage Food and Beverage 531

Modern Restaurant Management

FEBRUARY 18, 2020

According to the National Retail Federation’s Consumer Fall Review 2019, parents interviewed about the influence of their Gen Z children reported they have substantial influence over household purchases. Here’s the kicker: Gen Z will make up 40 percent of all consumers by the end of 2020. And hungry teens love to eat.

Food Service 523

Food Service Food Service Recipes Purchasing 523

Modern Restaurant Management

JULY 27, 2022

Before 2020, the 2,800-location chain had fewer than 10 million loyalty program members. Point-based programs provide customers with points for their purchases, which add up and are turned in for rewards such as money off an order, a certain item or a meal. In 2021, that number jumped to more than 20 million.

Purchasing 508

Purchasing 508

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

Staffing 493

Staffing Kitchen Display System Recipes Point of Sale 493

Modern Restaurant Management

MAY 24, 2022

It has been estimated that credit-card giant, Mastercard observed a 40 percent jump in contactless payments, comprising tap-to-pay and mobile pay in the first quarter of 2020 as a large number of shoppers feared germs on cash and credit cards.

Customer Service 508

Customer Service Customer Service Purchasing Hospitality 508

Modern Restaurant Management

OCTOBER 26, 2022

consumers, 33 percent of these consumers used a credit card for their most recent restaurant food purchase. percent in 2020. According to a PYMNTS survey of 3,250 U.S. billion in food items in February. According to the Nilson Report, U.S. merchants who accepted credit cards as payment for goods and services paid $105.23

Point of Sale 449

Point of Sale Inventory Management Purchasing Inventory 449

Modern Restaurant Management

DECEMBER 14, 2021

According to the National Restaurant Association’s State of the Industry report, 68 percent of customers say they are more likely to purchase takeout or delivery of food than they were before the pandemic. percent from 2020, according to the National Restaurant Association. And many will continue to do so in new ways.

Staffing 508

Staffing Food and Beverage Food and Beverage Purchasing 508

Modern Restaurant Management

FEBRUARY 11, 2021

Mobile orders were expected to drive $38 billion in restaurant revenue in 2020. What’s more, digital consultancy Mobiquity in June 2020 reported a 36 percent year-over-year increase in the number of restaurant mobile app reviewers who said it was their first time using such an app. Evolve to Meet New Customer Expectations.

Purchasing 493

Purchasing 493

Modern Restaurant Management

APRIL 21, 2020

The requirements apply to products, including ingredients, that are typically purchased by restaurants to further prepare for sale to consumers. These products are generally sold and purchased in bulk and do not contain required consumer labeling. Menu Labeling Requirements. 2] See generally, 21 CFR 101.9. [3]

Nutrition 412

Nutrition FDA Food Service Food Service 412

Modern Restaurant Management

DECEMBER 1, 2021

Not all restaurants have seen a dip in sales as a result—Chipotle, for example, reported a surge in sales in spite of the fact that the chain has raised regular menu prices twice and delivery prices three times since August 2020. The greatest incentive for downloading an app is, in fact, the prospect of saving money on purchases.

Purchasing 531

Purchasing Hospitality Hospitality 531

Modern Restaurant Management

APRIL 20, 2020

Some likely expenses to be considered for initial cash reserves: 20 percent of the prior year’s monthly sales for purchases of goods. So, if you expect to reopen in June, then use the June 2019 numbers to determine the cash reserves needed to reopen in June 2020. 75 percent of the prior year’s monthly payroll cost.

Purchasing 525

Purchasing Staffing 525

Modern Restaurant Management

DECEMBER 16, 2020

It would be an understatement to say that 2020 has been a challenging year – especially for restaurants. While restaurants can clearly leverage this increased interest in consumer purchase of gift cards, what’s less obvious is why and how to encourage their actual use.

Purchasing 457

Purchasing 457

Modern Restaurant Management

APRIL 20, 2021

In mid-March 2020, U.S. By the last week of March 2020, customer transactions at major restaurant chains had fallen by -43 percent compared to year-ago and by -77 percent at full service chains, which were most impacted by the dine-in restrictions. Read Delaget's 2020 QSR Operational Index here. The Value in Data.

Food and Beverage 473

Food and Beverage Food and Beverage Purchasing Sports Arena 473