Modern Restaurant Management

JULY 20, 2021

Total restaurant visits were down -6 percent in May 2021 compared to May 2019 but were up +23 percent from a year ago, recovering from a -23 percent decline in May 2020. Snack periods, were down -5 percent in May 2021 compared to May 2020, and for a pre-pandemic view, down -11 percent compared to same month two years ago. ” 2.

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Modern Restaurant Management

JUNE 3, 2021

In addition to the emergence of indoor dining, it explores rising competition between fast food and fast casual restaurant brands with COVID restrictions loosening. The data finds consistent consumer behavior across both restaurant categories signalling the distinctions between fast food and fast casual restaurants are quickly evaporating.

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Modern Restaurant Management

AUGUST 16, 2021

Consumer spending at restaurants was up +32 percent in the April-May-June 2021 quarter compared to the same quarter last year, and for a pre-pandemic view, flat compared to the same quarter in 2019. As of June 2021, food service and drinking places employed 11.3 million as of June 2021, 97 percent of the 151.1

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Modern Restaurant Management

DECEMBER 29, 2020

2020 threw unprecedented challenges our way, causing chaos throughout the food and beverage industries. While the year is now nearly over, with more new cases of Covid-19 continuing to surface each day, the current challenges are most definitely going to spill over into 2021. Digitize Your Menu.

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Modern Restaurant Management

APRIL 20, 2021

consumers to better understand their feelings about planning events in 2021. 2021 will bring a restaurant renaissance unlike any we’ve seen before, with more consumers dining out and planning events than in years past. More than one in three (34 percent) said that they will be planning their event with 1-3 months’ notice.

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Modern Restaurant Management

AUGUST 31, 2021

Sales velocity is now -3 percent vs August 14, 2021. Sales velocity is now -3 percent vs August 14, 2021. Sales velocity is now -3 percent vs August 14, 2021. Sales velocity is now +1 percent vs August 14, 2021. Sales velocity is now 0 percent vs August 14, 2021. amid COVID, but 2021 data indicates rapid recovery.

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Modern Restaurant Management

JUNE 28, 2022

The prominence of food delivery and service robots has increased in the overall restaurant industry. In this blog, we will discuss the changing face of the restaurant industry as a result of the introduction of food delivery and service robots. This is owed to the uncertainties faced by the restaurants at the global level.

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Food + Tech Connect

MARCH 13, 2024

In other news, we’ve wrapped the first season of our podcast in partnership with AgFunder: New Food Order, a nuanced investigation into the business of tackling our climate and social crises through food and agriculture. What We’re Learning About Ozempic – Food Fix GLP-1 drugs continue to drive headlines.

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Modern Restaurant Management

AUGUST 31, 2021

The report illustrates the continued impact of the COVID-19 pandemic on the restaurant industry and provides an updated look at key indicators and trends influencing the industry's recovery as of June/July 2021, including the current state of the economy, workforce, and food and beverage sales.

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Modern Restaurant Management

JUNE 7, 2023

In the food services industry, safety is paramount to protect customers, brand reputation, and, ultimately, profits. Food that is not stored or handled properly can result in serious, even deadly, illnesses. In fact, the World Health Organization reports that on average, 1,600,000 people get sick each day due to unsafe food.

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Modern Restaurant Management

MAY 6, 2021

The RRF will provide tax-free grants for food and beverage venues that lost revenues in 2020. Eligible establishments include restaurants, food trucks, bars, breweries, wineries, and bakeries. Business food and beverage expenses. ” above) between February 15, 2020 and March 11, 2021. Rent payments.

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Modern Restaurant Management

SEPTEMBER 27, 2021

Six major themes are expected to drive restaurant operator profitability and beverage attachment post-COVID, according to the Coca-Cola 2021 Fountain Foodservice Beverage Strategy Survey. trust in fountain beverages. ” Only 42 percent of respondents expect COVID to end in 2021. (1) off-premise growth.

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Modern Restaurant Management

NOVEMBER 18, 2021

The survey examines top restaurant industry trends across categories including menu offerings, beverages, flavors, global inspirations, packaging/off-premises trends and industry macro-trends. CBD-infused snacks, beverages and desserts are continuing to grow in popularity. The What’s Hot survey was conducted in October 2021.

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Modern Restaurant Management

JANUARY 12, 2022

The pandemic has permanently altered the consumer-restaurant relationship with operators investing in technology and real estate to align with changing consumer preferences, according to the 2021 Restaurant Franchise Pulse survey, conducted by TD Bank. In Love with Tech, but Impatient.

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Food + Tech Connect

JUNE 6, 2023

Image Credit: Meati Foods Every week we track the business, tech and investment trends in CPG, retail, restaurants, agriculture, cooking and health, so you don’t have to. VC funding for the food and beverage industry is facing a steep decline. At the same time in 2021, 2,316 deals raised $2.3

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Modern Restaurant Management

AUGUST 12, 2021

CORE © ( Children of Restaurant Employees ), a national non-profit organization that provides financial help to food and beverage employees with children, is calling for supporters to step up to the plate to help provide a Summer of Hope for food and beverage operations employees.

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Modern Restaurant Management

AUGUST 10, 2021

The food and beverage industry is on a hiring frenzy. The April 2021 Job Openings and Labor Turnover summary issued by The Department of Labor showed that restaurants added almost 350,000 new job openings since March, bringing the sector’s total number of job openings as of April to 1.34 million jobs (12 percent) short.

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Modern Restaurant Management

FEBRUARY 1, 2022

More than half of restaurant operators said it would be a year or more before businesses conditions return to normal with food, labor, and occupancy costs are expected to remain elevated, and continue to impact restaurant profit margins in 2022, according to the National Restaurant Association's 2022 State of the Restaurant Industry report.

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Food and Beverage Food and Beverage Staffing Chef 207

Modern Restaurant Management

FEBRUARY 16, 2021

With many restaurants closed for in-person dining on and off throughout the pandemic, the food service industry shifted to delivery and takeout as a business imperative. According to SEC filings, food delivery apps experienced tremendous growth in 2020 earning a combined $5.5 billion from the same period in 2019.

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Modern Restaurant Management

MAY 9, 2022

Our data shows QSRs have struggled to regain traffic since the second half of 2021. percent compared to March 2021. Even breakfast, which was trending upward throughout 2021, has started to decline, with YOY traffic down -0.4 In Q4 2021, 23 percent said they planned on ordering more. In March 2022, traffic was down -8.5

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Food + Tech Connect

JANUARY 8, 2024

In other news, we’ve wrapped the first season of our podcast in partnership with AgFunder: New Food Order, a nuanced investigation into the business of tackling our climate and social crises through food and agriculture. Here are some of this week’s top headlines. Our newsletter takes a lot of time and resources to produce.

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Modern Restaurant Management

OCTOBER 18, 2021

When the National Football League (NFL) and universities announced that they’d be returning to full capacity in their stadiums for the 2021 season, many in the foodservice industry believed fans would be quick to get back to the tailgating scene they know and love. In fact, The Distilled Spirits Council reported that U.S. sales rose 7.7

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Agroknow

JUNE 17, 2021

Food companies want to avoid major incidents, by being more proactive and less reactive in their food risk mitigation actions. Key highlights include: Less food recalls and import refusals during the next few months. And the Oscar for most fraudulent ingredient of 2021 goes to… Saffron. Our recent webinar with Prof.

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Modern Restaurant Management

JUNE 6, 2022

Long before the pandemic, hoteliers were looking for ways to refresh their properties' food and beverage offerings, and the pandemic presented the ideal opportunity for restaurants to enter the hotel sphere. In 2020 and most of 2021, ghost kitchens became a popular substitute for the traditional hotel kitchen.

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Eating at a Meeting

APRIL 14, 2021

What and how will we be eating in 2021? Comfort food in shipping containers? Functional and healthy? Ethically, sustainably and contactless?

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Eating at a Meeting

APRIL 14, 2021

What and how will we be eating in 2021? Comfort food in shipping containers? Functional and healthy? Ethically, sustainably and contactless?

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Food and Beverage Food and Beverage 40

Modern Restaurant Management

MAY 24, 2022

on DoorDash (2021 vs. 2020). consumers added sides, beverages and appetizers to their cart the most so far in 2022. While Friday at 6 p.m. remains the most popular time to order delivery and pickup, more diners are waking up to the smell of breakfast at their door with a three-times increase in breakfast orders between 5 a.m.

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Modern Restaurant Management

FEBRUARY 5, 2021

Looking to 2021 and beyond, there are a few predictions in the restaurant industry that almost everyone can agree on: people still want to eat healthier food and know where their food comes from. Greatest Emphasis on Clean Healthy Food. Quality Over Quantity (Fewer Offerings).

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Bill Marler

JANUARY 17, 2024

A case-control study, conducted via a RedCap survey with all participants of the BBQ event, and a food preparation review were conducted in response to this outbreak. Food for this event was prepared by a brick-and-mortar restaurant, Piggin’ Out Smokehouse, and then transported by and served from a food truck at the school.

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Modern Restaurant Management

NOVEMBER 15, 2021

According to the Plant Based Foods Association, plant-based foods in the U.S. are a $7 billion market, growing nine times faster than total food sales. The Good Food Institute reports that 98 percent of people who purchase plant-based meat are also purchasing conventional meat. The driving force behind this growth?

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Modern Restaurant Management

JULY 21, 2022

percent compared to Q2 2021, according to the Revenue Management Solutions (RMS) Q2 Industry Trends Report. percent compared to Q2 2021, with average net price up 10.8 Moreover, about 20 percent are skipping dessert, appetizers or beverages, a trend reflected in the significant decrease in basket size — down 3.2

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Modern Restaurant Management

DECEMBER 20, 2021

OpenTable reported a 44 percent growth rate from 2019 to 2021 in the U.S. in the online food delivery sector. The food industry continues to evolve in ways of making things faster and easier for consumers. Once seen as a job killer, automation has saved and will continue to serve an understaffed food industry.

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Modern Restaurant Management

MARCH 23, 2022

percent from 2021 to 2027. Expansion of the food service industry, product innovations, and surge in number of quick service restaurants have boosted the growth of the market. These equipment will allow chefs to cook food to perfection. 3D Printing and Food. billion by 2027, growing at a CAGR of 5.2

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Modern Restaurant Management

FEBRUARY 16, 2022

While there’s no crystal clear direction for the industry in 2022, there are restaurant design trends that could help shape the food and beverage scene for the better. How quickly can third-party delivery groups get in and out of the food and beverage space? Takeout is Taking Over.

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Modern Restaurant Management

JUNE 29, 2021

percent Q1 of 2021 and the 4th of July holiday weekend just around the corner, Americans have the desire, time, and money to eat out over their long holiday weekend. on food this Independence Day. With consumer spending up 11.3 The National Retail Federation estimates that each person will spend $80.54

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Food Safety News

NOVEMBER 16, 2023

Latvian authorities have discovered about 18 tons of food products in a warehouse with expired or changed shelf life dates. The State Food and Veterinary Service (VMVT) in Lithuania reported via EU communication channels that some of the goods withdrawn in the country may have ended up in Latvia.

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Food and Beverage Food and Beverage Purchasing Food Safety 101

Modern Restaurant Management

MARCH 3, 2023

A Return to Normal The National Restaurant Association released its 2023 State of the Restaurant Industry report, which examines key factors impacting the industry including the current state of the economy, operations, workforce, and food and menu trends to forecast sales and market trends for the year ahead.

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