Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. In 2023, we can anticipate businesses really focusing in on value and doing what they can to attract and retain both employees and guests. For part one, click here.

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Modern Restaurant Management

JANUARY 18, 2023

In contrast, customers are entering 2023 with higher expectations for stellar experiences when they do choose to spend money on dining out. To do more with less in 2023 and retain loyal customers, restaurants should embrace data-driven tech tools that help them more easily create the best guest experiences.

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Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. "With consumer behaviors now firmly established around off-premise dining solutions due to the pandemic, off-prem will remain a prevalent option for 2023. For part two, click here.

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Modern Restaurant Management

MARCH 1, 2023

So, which back of office trends should restaurant ownership and management be concerned with heading into 2023? Here are some back of office trends to watch for in 2023. Keep an eye on this trend, as it may have a direct impact on how your employees are compensated in 2023 and beyond.

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Modern Restaurant Management

FEBRUARY 1, 2023

And in 2023, that’s the problem most hiring managers in the restaurant industry are facing. We all know that for restaurants – reputation is everything. But in a difficult hiring environment, how do you build a great reputation without jeopardizing your bottom line? It all comes down to your staff.

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Modern Restaurant Management

DECEMBER 30, 2022

As we head into the New Year, restaurants of all sizes continue to grapple with a number of major challenges impacting the industry. Staffing continues to be a top-of-mind concern for many restaurateurs, followed closely by inflation.

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Modern Restaurant Management

DECEMBER 27, 2022

Do you ever wish that you had a crystal ball that could tell us what’s in store for the restaurant industry in the coming year? As we close out 2022, food production is at risk. Climate change is wreaking havoc on traditional farming methods , with crops withering in extreme heat or drowning in mid-Western floods. million tons of grain.

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Modern Restaurant Management

MARCH 12, 2025

billion in nuclear verdicts in 2023 — a 15-year high. Chamber of Commerce said in a recent report that the number of verdicts above $100 million reached a record in 2023, up nearly 400% from 2013 as reported in The Wall Street Journal’s 2024 piece, “‘Nuclear’ Jury Verdicts Rise Alongside American Anger.”

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Modern Restaurant Management

APRIL 4, 2023

Labor Efficiency in 2023 and Beyond Moving forward, it will be imperative for restaurants to invest in WFM solutions that use intelligent automation to help optimize their operations, maximize labor efficiency, and improve the employee experience simultaneously.

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Modern Restaurant Management

FEBRUARY 24, 2025

Only 14 percent of respondents described business performance as poor/very poor, which was down from 23 percent in 2023. Notably, 92 percent of respondents reported increasing staff wages in 2024, up from 84 percent in 2023, reflecting the ongoing rising cost of labor. Labor costs continue to rise.

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Modern Restaurant Management

JANUARY 6, 2023

White Castle is kicking off 2023 with a flurry of specials and deals designed to keep Cravers’ stomachs and wallets, full. The new menu introduces Peet's savory Toasted Caprese Sandwich with basil pesto for all day enjoyment. The golden beverages are a top selling Peet's offering each winter. Craving Discounts.

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Modern Restaurant Management

MARCH 12, 2024

The United States District Court in the Eastern District of Texas handed down a summary judgement decision, vacating the National Labor Relations Board’s 2023 Joint Employer Rule. ” A separate challenge to the 2023 Joint Employer Rule remains in the D.C. Circuit Court.

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Modern Restaurant Management

DECEMBER 19, 2023

– Frances Allen, President and CEO, Checkers Brand loyalty took priority in 2023. – Matt Eisenacher, Chief Brand Officer at First Watch Digital transformation continued to dominate 2023. In 2023, we experienced unprecedented shifts in consumer behavior amidst broader macroeconomic conditions like inflation.

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Modern Restaurant Management

DECEMBER 21, 2023

In 2023, we saw sellers increasing throughput utilizing the “experience creates consumption” strategy and we predict an increase in draft program profitability in 2024 as more on-premise professionals embrace the needs of the highly coveted craft beverage loyalists.

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Modern Restaurant Management

OCTOBER 14, 2024

As of October 2023, Visa charges restaurants between 2.1 In 2023, 82 percent of US consumers owned a credit card, which was up from the previous three years. Interchange fees are charges set by credit card networks (Visa, Mastercard, etc.) and represent a percentage of each transaction. depending on the tier.

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Bill Marler

FEBRUARY 18, 2024

2023 Raw Farm LLC Recalls and Outbreaks: May 2023 Campylobacter Raw Milk Recall August 2023 Salmonella Cheese Recall October 2023 Salmonella Raw Milk Outbreak and Recall: San Diego County—12 illnesses Orange County—7 illnesses Here is the 2023-2024 version – E.

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Modern Restaurant Management

APRIL 10, 2024

According to September 2023 numbers from the National Restaurant Association , 49 percent of restaurants reported year-over-year increases in same-store sales. economy demonstrated resilience in 2023—with GDP, employment rates and consumer spending remaining relatively stable or even growing. Coffee in 2023.

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Modern Restaurant Management

NOVEMBER 12, 2024

Sadly, these events are only becoming more frequent; in 2023 alone, the U.S. In a time where restaurants are challenged by rising costs and labor constraints, the rise in severe weather adds another challenge that owners and managers must plan and solve for to protect people and assets.

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Modern Restaurant Management

DECEMBER 18, 2023

It’s the perfect time to look back on a few things we learned in 2023 – based on recent survey data from our restaurant partners – as well as what we predict for the industry in 2024. The survey also showed 75 percent of respondents expected their labor costs to increase in 2023.

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Modern Restaurant Management

OCTOBER 9, 2023

While it’s understandable to believe everything is back to normal – according to our QSR monthly trends, August 2023 traffic was down just half a percent compared to 2022 – the landscape has taken a seismic shift. For example, we noted above that in August 2023, YOY traffic was holding steady. percent lower than 2019.

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Purchasing 482

Modern Restaurant Management

OCTOBER 13, 2024

According to the National Restaurant Association (NRA), as of October 2023 eating and drinking places were 14,000 jobs below their February 2020 level. The restaurant industry is a case in point, where employment has yet to climb back from pandemic-induced losses.

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Modern Restaurant Management

JANUARY 26, 2023

What issues/challenges do you see ahead for restaurants as we head in 2023 and what advice can you offer to help? On the franchise side, what do you foresee in 2023? There are some good operators that think there are opportunities in 2023, which will be exciting to watch. © Modern Restaurant Management, 2023.

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Modern Restaurant Management

OCTOBER 16, 2023

More closures in 2023 could reduce the number of restaurants to about 630,000 locations. In August 2023, only eight percent of consumers we surveyed say they do not eat out, so dining out is “in” again. In Causeway Solutions’ September 2023 survey*, we asked more than 800 U.S.

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Modern Restaurant Management

MARCH 3, 2023

In a State of the Restaurant industry report, the Natiional Restaurant Association sees a return to normal with predicted sales growth in 2023. million by the end of 2023. Competition is heating up : In 2023, 47 percent of operators expect competition to be more intense than last year. "The

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Modern Restaurant Management

MARCH 24, 2025

To identify the Fastest Growing Brands, the data science team ranked brands using a blended metric including net new business openings, consumer interest, and searches on Yelp in 2024 compared to 2023. For this report, we measured consumer interest in 2024 compared to 2023.

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Food Management

DECEMBER 6, 2023

The year’s top healthcare stories tracked how dining operations in hospitals and medical centers tackled issues like sustainability and the use of technology.

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Modern Restaurant Management

DECEMBER 9, 2024

Plan Employee Rotas To Meet Demand Reservations on group bookings of 10 or more people are currently up 38 percent in comparison to this time in 2023. By utilizing the data available from your POS system, you can figure out what dishes were most popular during holiday seasons and use this to chef up a storm.

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Modern Restaurant Management

MAY 30, 2023

In February 2023, our Revenue Management Solutions (RMS) data analytics team advised on the benefits of attracting and keeping frequent diners. According to our Q1 2023 survey , frequent users were not just visiting QSRs; they planned to keep visiting. Why does this matter to your bottom line?

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Modern Restaurant Management

NOVEMBER 7, 2022

We recommend incorporating the following strategies in your 2023 planning: Schedule regular value messaging into your 2023 marketing calendar. In addition to price concerns, traffic is likely to continue being a challenge in 2023. For brands to win, they will need to examine both the bottom line and the value equation.

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Food Management

DECEMBER 13, 2023

The year’s top K-12 stories tracked how school nutrition programs and providers tackled issues like labor shortages and product availability to keep kids fed with nutritious meals.

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Food Management

NOVEMBER 8, 2023

Here are a baker's dozen highlights from FM's coverage of the dining and concessions markets in arts and entertainment facilities over the past year.

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Modern Restaurant Management

DECEMBER 19, 2024

According to Emarsys’s 2024 Global Customer Loyalty Index , usage of customer loyalty programs has increased by 28% in 2024, which is a 40% increase from 2023. This trend also supports the growth of customer loyalty programs which are predicted to continue increasing in popularity in 2025.

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Food Management

SEPTEMBER 20, 2023

Concessions firms introduce new items to tempt pro football fans this fall. Here a look at the entrees, sides and drinks being debuted.

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Food Management

SEPTEMBER 18, 2023

Concessions firms introduce new items to tempt pro football fans this fall. Here a look at the burgers, hot dogs and sandwiches being debuted.

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Food Management

NOVEMBER 21, 2023

This and student dining hall workers unionizing at a Massachusetts college are some of the stories you may have missed recently.

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Modern Restaurant Management

MARCH 21, 2024

In all, we expect 2024 to be a better year for business than 2023 as the Federal Reserve executes the soft landing it has been seeking since this tightening cycle began. Inflation : The Federal Reserve has succeeded in bringing inflation under control without causing a recession, a feat many of us viewed as unlikely at the start of 2023.

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Modern Restaurant Management

MARCH 23, 2023

But in 2023, month-over-month trend lines have evened out. percent YOY) was the top-performing QSR channel in February 2023. As we move further into 2023, we believe operators can build the bottom line, but it may require a return to the steadier practices of our past. A week ago, we lauded a flat line (on a graph, that is).

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