Remove 2022 Remove Food and Beverage Remove Purchasing
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2022: A Year of Transition for Restaurants

Modern Restaurant Management

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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Hungry for Growth: The Restaurant Industry in 2022

Modern Restaurant Management

Some have even developed lucrative new business models that they will continue to apply and scale in 2022. 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.

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MRM Research Roundup: 2022 Restaurant Trends

Modern Restaurant Management

To keep up with changing consumer preferences, operators noted that their top areas of investment in 2022 include mobile ordering (54 percent); delivery services (47 percent); technology such as new POS digital signage or other in-store tech (45 percent); and alternative payment methods (37 percent). "Consumers Fast is not fast enough.

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How to Weigh Investments in 2022: Your Three-Question Litmus Test 

Modern Restaurant Management

The customers are already in your restaurant, where they can experience the menu and taste your food firsthand. This purchase won’t increase revenues or efficiencies, but will create additional costs. Efficiency will improve, because foods are easier to store and grab quickly. Thinking Strategically in 2022.

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What Trends Are You Seeing and What Can We Expect to See More of in 2022?

Modern Restaurant Management

Our restaurant of the future is designed to benefit guests, employees and franchisees, with a new external design and a reimagined kitchen that will make it easier for us to serve hot, delicious food quickly for frictionless guest experiences, and we expect to see a lot more of that next year. Clinton Anderson, CEO, Fourth Enterprises.

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How F&B Companies Can Mitigate Some of the Industry’s Biggest Risks

Modern Restaurant Management

Already one of the largest sectors of the global economy, the food and beverage industry shows no signs of slowing down. In fact, according to the Business Research Company’s 2023 Food and Beverages Global Market Report, the global industry’s market size grew over 7.3 billion in 2022 to $7,221.73

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Mammoth Meatball Mistake, Ynsect Pivots to Pet Food with $175M + More

Food + Tech Connect

Meanwhile, insect farming startup Ynsect has raised $175 million to expand its food production and shift towards high-margin pet food and food ingredients, highlighting the need for sustainable and profitable solutions in the food industry. What Is the Future of Plant-Based Alternatives in a New Food Order?