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.

Food and Beverage 473

Food and Beverage Food and Beverage Purchasing Sports Arena 473

Modern Restaurant Management

MAY 5, 2021

Sales velocity is now -5 percent vs April 10, 2021. Sales velocity is now -3 percent vs April 10, 2021. Sales velocity is now -7 percent vs April 10, 2021. Sales velocity is now -7 percent vs April 10, 2021. Sales velocity is now -4 percent vs April 10, 2021. California.

Food and Beverage 490

Food and Beverage Food and Beverage Purchasing Customer Experience 490

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 percent overall.

Food and Beverage 450

Food and Beverage Food and Beverage Purchasing Chef 450

Modern Restaurant Management

JUNE 3, 2021

CGA’s consumer research has signs that sizeable numbers will be looking to the On Premise to mark events like these in 2021. “After months of restrictions, many consumers are ready to celebrate US public holidays and events in a big way in 2021,” said Alexandra Martin, Operator and Analytics Director at CGA.

Food and Beverage 474

Food and Beverage Food and Beverage Recipes Hospitality 474

Modern Restaurant Management

FEBRUARY 17, 2021

The vast majority of consumers (82 percent) indicated that they have downloaded at least one new mobile app to purchase food or essentials. According to Snagajob data, QSR positions were the most in-demand jobs across all applicable industries in January 2021, as the sector continues to rise despite the challenges of COVID-19.

Purchasing 474

Purchasing Hospitality Hospitality 474

Modern Restaurant Management

JANUARY 4, 2021

According to HubSpot , “50 percent of customers increase their purchasing with a brand after a positive customer service experience” with 86 percent of customers willing to pay an additional 25 percent for better customer service. It doesn’t have to be a grand gesture or something that breaks the bank.

Customer Service 520

Customer Service Customer Service Purchasing 520

Modern Restaurant Management

JANUARY 27, 2021

Purchase of one entree gets a percentage off subsequent entrees. Coming up with a unique deal or offer is likely to resonate with customers that are debating between places to eat. Some ideas: Percentage discount off the total order. Set menu deal for two. Family meal deal. Free or discounted delivery on takeout orders.

Chef 554

Chef Purchasing 554

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.

Food and Beverage 395

Food and Beverage Food and Beverage Purchasing 395

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 5, 2021

Since then, sales have fluctuated in response to surges of COVID-19 cases, climbing up to $72 billion in August 2021. How Innovative Supply Chain Technology Can Empower Purchase Decisions. This enables you to make more effective and efficient purchase decisions, thus reducing the risks of over or understocking supplies.

Purchasing 590

Purchasing Food Service Food Service 590

Modern Restaurant Management

APRIL 12, 2022

Vaccine rates are stable at 74 percent, a jump from a 17 percent vaccination rate reported in Q1 2021 and even surpassing the 60 percent of respondents who were or planned to get vaccinated. Look no further than the sacred coffee shop purchase for the final word on consumers’ reaction to climbing prices.

Customer Service 474

Customer Service Customer Service Purchasing 474

Modern Restaurant Management

MARCH 15, 2022

The value of the cryptocurrency market almost tripled in 2021 , with digital currencies having the potential to achieve returns higher than the stock market. For instance, Landry’s Chairman and CEO Tilman Fertitta announced in 2021 many of its restaurants would accept bitcoin and other digital currencies. Why the Crypto Craze?

Point of Sale 592

Point of Sale Restaurant Management Restaurant Manager Food Safety 592

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. Christmas Day delivers second-highest day for check value across 2021.

Food and Beverage 539

Food and Beverage Food and Beverage Purchasing Catering 539

Modern Restaurant Management

NOVEMBER 21, 2022

In August of this year, the cost for consumers of purchasing food away from home rose by 8.3 percent compared to the same period in 2021. Additionally, menu prices at casual dining establishments rose by an average of 9 percent year over year from 2021. Some implemented loyalty programs to promote recurring customers.

Purchasing 492

Purchasing Recipes Catering Catering 492

Modern Restaurant Management

JUNE 7, 2022

When asked in March 2022 whether they anticipated ordering from drive-thru restaurants "more" or "much more" going forward, Gen Z respondents had the most significant drop, moving from 34 percent at the end of 2021 to 12 percent in March 2022. Ultimately, generations are dealing with inflation differently.

Purchasing 520

Purchasing 520

Modern Restaurant Management

JULY 13, 2021

According to Tech Jury , the data analytics market is expected to reach $103 billion by 2021. A recent report shows 39 percent of customers say loyalty and rewards programs encourage them to make restaurant purchases. Further, 97.2 percent of organizations are investing in big data and AI – restaurants included.

Customer Experience 531

Customer Experience Purchasing Inventory 531

Modern Restaurant Management

JULY 6, 2022

While 2021 was the year of the comeback for restaurants, 2022 is proving to be a very different story. 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.

Purchasing 493

Purchasing Food Prices 493

Modern Restaurant Management

JULY 27, 2022

In 2021, that number jumped to more than 20 million. 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. Before 2020, the 2,800-location chain had fewer than 10 million loyalty program members.

Purchasing 508

Purchasing 508

Modern Restaurant Management

MAY 24, 2022

According to the 2021 State of the Restaurant Industry Report released by the National Restaurant Association, some 40 percent of restaurant operators across six dining models (family dining, quick service, casual dining, fast casual, fine dining, and coffee and snack) mentioned that they added a contactless or mobile payment option.

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. merchants in 2021, up from 75.9 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 16, 2020

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. National Use Your Gift Card Day , taking place on January 16, 2021, encourages consumers to use their gift cards before they end up unused in wallets, purses, or drawers.

Purchasing 457

Purchasing 457

Modern Restaurant Management

NOVEMBER 19, 2021

“Gift cards are easy to purchase at any time, but Small Business Saturday on November 27 is a good time to start. 12-14, 2021, asking questions about their perceptions of restaurant gift cards. Plus, they’re a great option if you’re looking to give an experience rather than a material item.”

Purchasing 449

Purchasing 449

Modern Restaurant Management

JANUARY 18, 2021

Throughout 2021 and beyond, that answer will largely depend on how restaurants adjust their loyalty programs. Offer promotions on items purchased through your website to encourage users to engage directly from you, rather than a third-party app. Prioritize Digital Experiences. Facilitate Frequency.

Purchasing 508

Purchasing Customer Experience 508

Modern Restaurant Management

NOVEMBER 15, 2021

The Good Food Institute reports that 98 percent of people who purchase plant-based meat are also purchasing conventional meat. Plant Based World Expo is arriving at New York City’s Javits Center on December 9-10, 2021. According to the Plant Based Foods Association, plant-based foods in the U.S.

Food and Beverage 473

Food and Beverage Food and Beverage Chef Purchasing 473

Modern Restaurant Management

MARCH 1, 2022

QSR 2021 Performance. Revenue Management Solutions released its analysis of US quick-service restaurant (QSR) performance for 2021. To accurately assess the underlying trends of restaurant performance, RMS compared 2021 sales and traffic to pre-pandemic 2019 data. On average, sales were up 8.1 percent compared to 2019.

Food and Beverage 458

Food and Beverage Food and Beverage Purchasing Nutritionist 458

Modern Restaurant Management

MAY 24, 2022

According to the 2021 State of the Restaurant Industry Report released by the National Restaurant Association, some 40 percent of restaurant operators across six dining models (family dining, quick service, casual dining, fast casual, fine dining, and coffee and snack) mentioned that they added a contactless or mobile payment option.

Customer Service 449

Customer Service Customer Service Purchasing Hospitality 449

Modern Restaurant Management

APRIL 14, 2022

The pandemic massively accelerated the widespread adoption of a variety of paths to purchase, including buy-online-pick-up-in-store (BOPIS), delivery and app-based ordering. The first job of retail and QSR associates is to help customers and eliminate friction along the path to purchase. Now, it’s the same with QSRs.

Customer Experience 474

Customer Experience Purchasing Point of Sale 474

Modern Restaurant Management

SEPTEMBER 7, 2023

The Initial Purchase/Capital Costs The most you’ll spend on your ice machine at one time will be the purchase price, which ranges from $5,000-$10,000 for the most popular models. Most business owners believe that the purchase price represents 80% of ice machine ownership costs. And let’s not forget the utility bills.

Equipment Maintenance 474

Equipment Maintenance Purchasing Customer Service Customer Service 474

Modern Restaurant Management

JANUARY 4, 2023

Despite inflation taking its toll, many people are continuing to prioritize and enjoy the convenience of takeaway and food delivery with recent Deliverect data revealing that more people are purchasing delivery orders today than they were before the recent increase in the cost of living. The survey found that in the U.S.,

Purchasing 493

Purchasing 493

Modern Restaurant Management

FEBRUARY 1, 2022

Additonally, ninety-six percent of operators experienced supply delays or shortages of key food or beverage items in 2021 – and these challenges will likely continue in 2022. Help (Still) Wanted Throughout the Restaurant Industry. While the restaurant and foodservice industry added back 1.7M Roughly half of U.S.

Food and Beverage 518

Food and Beverage Food and Beverage Staffing Chef 518

Modern Restaurant Management

MARCH 8, 2024

After purchasing the Hidden Valley dude ranch, he started selling his dressing and its popularity grew from there. According to a 2021 survey conducted by YouGov , ranch is the most popular salad dressing in the United States, with 51 percent of respondents indicating that they like it.

Purchasing 493

Purchasing 493

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. Food and beverage sales in the restaurant and foodservice industry are projected to total $789 billion in 2021, up 19.7

Staffing 508

Staffing Food and Beverage Food and Beverage Purchasing 508

Modern Restaurant Management

JULY 31, 2020

The same intensity will also mark what the restaurant bankruptcy “industry” as a whole will experience in the second half of 2020, through at least, the middle of 2021. A Little History.

Chef 443

Chef Purchasing 443

Modern Restaurant Management

OCTOBER 22, 2020

Yelp data also indicates that openings increased for food businesses specializing in celebratory treats that are often enjoyed at home or purchased as gifts, including cupcakes (494 openings), custom cakes (512 openings), and desserts (1,615 openings).

Purchasing 495

Purchasing Catering Catering Restaurant Management 495

Modern Restaurant Management

MAY 18, 2022

Since a typical employer will have about 40% of their employees purchasing dependent coverage (dependent penetration) and the restaurant industry averaging around 10 percent, the comparison to the norm is flawed. In 2021, smaller plans that are often fully insured (fewer than 500 participants) saw a 9.6-percent This compared to 5.0

Purchasing 531

Purchasing Hospitality Hospitality 531

Modern Restaurant Management

MARCH 23, 2022

percent from 2021 to 2027. Moreover, there is drastic change in purchasing pattern as well. These are the future of commercial cooking and the cooking equipment industry must be ready for it. According to Allied Market Research, the global commercial cooking equipment market is expected to reach $12.9

Commercial Kitchen 520

Commercial Kitchen Chef Food and Beverage Food and Beverage 520

Bill Marler

JULY 29, 2021

As of July 27, 2021, 16 people infected with the outbreak strain of E. Illnesses started on dates ranging from February 26, 2021 to June 21, 2021. Condition of victims: 7 hospitalized with 1 developing hemolytic uremic syndrome (HUS). coli O121 have been reported from 12 states.

FDA 255

FDA Purchasing Hospitality Hospitality 255