Modern Restaurant Management

MARCH 21, 2024

However, a tight labor market and stubbornly high food prices will continue to weigh on restaurant margins in 2024. Unemployment has remained low throughout this tightening cycle and while wages rose in 2023, wage increases were more muted compared to 2022.

Food Service 180

Food Service Food Service Food Prices Inventory 180

Modern Restaurant Management

DECEMBER 27, 2022

As we close out 2022, food production is at risk. We’re still facing product shortages, exacerbated by ongoing supply chain interruptions and the Russian-Ukrainian war stalling food shipments – including 9.5 Inflation is causing food prices – and food insecurity – to soar. . million tons of grain.

Food Safety 226

Food Safety Food Supply Food Prices Food Technology 226

Modern Restaurant Management

JANUARY 20, 2023

Learn how the foodservice industry can stay competitive and fresh amid widespread food and labor shortages. As consumers watch food prices continue to rise, the demand for cost-effective meal solutions are prompting c-stores, full-service, and quick-service restaurants to increase their offerings.

Recipes 167

Recipes Restaurant Management Restaurant Manager Food Prices 167

Modern Restaurant Management

OCTOBER 20, 2023

2023 brought new challenges to the table for the restaurant industry, from rising food prices due to inflation to continued disruptions in the supply chain. In addition to the abovementioned sources of data, an increase in reservation and food delivery app use has led to a surplus of diner data.

Inventory Management 151

Inventory Management Food Prices Inventory Customer Experience 151

Modern Restaurant Management

AUGUST 31, 2021

Operators also continue to grapple with higher input costs, with wholesale food prices increasing at their fastest rate in seven years. " The National Restaurant Association will continue to monitor the effect of COVID-19 on the industry in the coming months and plans a full State of the Restaurant Industry Report in early 2022.

Food and Beverage 180

Food and Beverage Food and Beverage Staffing Food Prices 180

Modern Restaurant Management

JUNE 30, 2023

Own Your Changes In March 2023, restaurants’ food prices were 8.8 percent higher than in March 2022. When adding in the rising cost to attract and retain labor, it’s understandable that restaurants might raise prices to stay afloat. They are expected to increase 6.5 percent this year.

Customer Experience 179

Customer Experience Staffing Food Prices Purchasing 179

Modern Restaurant Management

AUGUST 10, 2022

Food prices are soaring amidst supply chain disruptions, increasing labor costs, and processing plant shutdowns. Poultry prices are up 15 percent to 18 percent ; the cost of eggs has risen 73 percent. Restaurants must keep innovating to elevate the diner experience. It’s a tough time to be in the restaurant business.

Customer Experience 188

Customer Experience Food Service Food Service Food Prices 188

GFI

APRIL 11, 2023

retail declined slightly in 2022, global retail sales saw significant growth and consumer tailwinds remain strong. Global retail: Global retail sales of plant-based meat in 2022 were $6.1 Inflation: Average price-per-unit increased across plant-based meat, animal-based meat, and total food. billion in 2022.

Purchasing 52

Purchasing Food and Beverage Food and Beverage Point of Sale 52

Modern Restaurant Management

JUNE 28, 2024

The cost of food delivery is a concern in terms of the fairness of food prices (69) and pre-tip taxes and service fees (69). The ACSI Restaurant and Food Delivery Study 2024 is based on 14,604 completed surveys. Uber Eats, at 74, edges out the other reported brands, DoorDash (73) and Grubhub (71).

Food and Beverage 117

Food and Beverage Food and Beverage Inventory Management Customer Experience 117

Modern Restaurant Management

FEBRUARY 5, 2024

While Asian street foods remain popular, diners discovered and ranked more Korean places to eat like O’Kims (#58) cooking up authentic Korean cuisine in Honolulu. The fast food industry saw the largest reduction in spending year over year (five percentage points). percent in 2023.

Food and Beverage 196

Food and Beverage Food and Beverage Purchasing Staffing 196

Modern Restaurant Management

MAY 7, 2021

The first of the three new restaurants is slated to open in Jacksonville in spring of 2022. ’ We’re one of the only restaurants serving filet mignon and lobster at fast food prices.” “It’s a thrill to witness our passion project appeal to so many.

Food and Beverage 173

Food and Beverage Food and Beverage Purchasing Online Ordering Systems 173

Modern Restaurant Management

JANUARY 31, 2020

These services will account for 70 percent of all delivery orders by 2022, with the user base expected to increase 53 percent by 2024. Participants may also overreport or underreport healthy or unhealthy foods due to social desirability perceptions. In Los Angeles, Postmates is a favorite, while users in Seattle tend to use UberEATS.

Food and Beverage 192

Food and Beverage Food and Beverage Nutrition Recipes 192