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.

Purchasing 482

Purchasing 482

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.

Inventory 506

Inventory Customer Experience Staffing Purchasing 506

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.

Catering 531

Catering Catering Purchasing 531

Modern Restaurant Management

APRIL 9, 2024

For example, in efforts to save money, might alcohol purchases go down but snacking and other food purchases increase? Interestingly, a survey from 2023 showed that promotional deals were cited as the program type that would most convince consumers to eat at a restaurant. ” It gets better.

Purchasing 508

Purchasing 508

Modern Restaurant Management

MARCH 23, 2023

But in 2023, month-over-month trend lines have evened out. According to our February QSR trends: Customers are reducing the number of items they purchase to spend less. percent YOY) was the top-performing QSR channel in February 2023. A week ago, we lauded a flat line (on a graph, that is). Quantity per transaction is down 4.9

Purchasing 434

Purchasing 434

Modern Restaurant Management

DECEMBER 31, 2024

In fact, hot honey purchases surged by 30 percent in Grubhub grocery stores orders, proving that Americans were all in on swicy, pairing it with everything from fried chicken to French fries. percent increase compared to 2023, with the last five days of the holiday season accounting for 10 percent of all holiday spending. percent YOY.

Purchasing 221

Purchasing Food and Beverage Food and Beverage Restaurant Management 221

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

Food and Beverage 508

Food and Beverage Food and Beverage Staffing Purchasing 508

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 Making this problem more cogent is the fact that inflation isn’t forecast to ease until late next year, where it is predicted to fall to 3-to-4 percent by the end of 2023, according to economic projections by Kiplinger.

Purchasing 492

Purchasing Recipes Catering Catering 492

Modern Restaurant Management

JANUARY 13, 2023

” Krispy Kreme guests who fly into participating shops and purchase any Krispy Kreme Biscoff doughnut also will receive a free Biscoff cookie packet, a favorite treat on flights around the world, while supplies last. Barberitos’ new menu items will be available from January 9, 2023 through April 2, 2023.

Catering 251

Catering Catering Recipes Restaurant Management 251

Modern Restaurant Management

OCTOBER 24, 2022

Additionally, while 51 percent of consumers say they are significantly reducing their impulse shopping and 46 percent are purchasing only what is necessary due to inflation, gift cards remain resilient, with only 23 percent of consumers purchasing fewer gift cards. Look for Cross-Promotional Opportunities.

Purchasing 390

Purchasing 390

Modern Restaurant Management

MAY 10, 2024

This is coupled with the global ethnic food market projected to grow by approximately eight percent from 2023 to 2023. More than half of Datassential surveyors said they purchased a food, beverage or ingredient just because they saw it on social media.

Food and Beverage 450

Food and Beverage Food and Beverage Restaurant Management Restaurant Manager 450

Modern Restaurant Management

APRIL 26, 2023

In March, Revenue Management Solutions surveyed more than 800 restaurant-goers across the US to find out how they’re dining in 2023. For the first quarter of 2023, traffic in the QSR segment was down 0.7 In Q1 2023, 70 percent of respondents reported getting takeout at least once a week.

Purchasing 398

Purchasing 398

Modern Restaurant Management

SEPTEMBER 12, 2024

Spending Habits: Purchases at restaurants, typically discretionary and impulsive, vary based on the type of establishment. In fact, a 2023 study from ASI reported that the average branded t-shirt garners 5,053 impressions over its lifetime.

Recipes 447

Recipes Purchasing Customer Experience Catering 447

Modern Restaurant Management

MARCH 4, 2024

Cracking the Code of Restaurant App Usage, November 2023 ) What Customers Value RMS segmented respondents by generation, and while preferences varied, all ages placed the most value on: Exclusive deals Loyalty-based incentives Customization What They Don’t Value On the other hand, crashes or technical issues ranked as the biggest pet peeve.

Nutrition 493

Nutrition Catering Catering Purchasing 493

Modern Restaurant Management

FEBRUARY 27, 2023

Restaurant365’s State of the Industry Customer Survey shows that 60 percent of surveyed customers plan to expand their businesses in 2023 despite expected increased labor and food costs. Instead of accepting offers of credit from vendors, negotiate a discount on food and beverage purchases in exchange for making immediate payments.

Inventory 474

Inventory Food and Beverage Food and Beverage Purchasing 474

Modern Restaurant Management

FEBRUARY 5, 2024

Highlights from this year’s study, which surveyed more than 1,100 consumers in November of 2023, included: Gift Card Spend Returning to Normal – Consumers said that gift card spending is bouncing back, with 69 percent of consumers purchasing the same amount of gift cards or more in 2023 compared to 2022.

Food and Beverage 492

Food and Beverage Food and Beverage Purchasing Staffing 492

Hospitality Net

MAY 1, 2024

The research, based on a survey of 19,000 consumers across 12 countries highlights the issue of ‘information overload’, with 73% of consumers feeling inundated by too much choice and 75% saying they are bombarded by advertising, resulting in 74% abandoning purchases in the last three months of 2023.

Purchasing 104

Purchasing 104

Modern Restaurant Management

JULY 16, 2024

" For example, Lynch said, many restaurants jumped into “gamification” during 2023 by launching Badges. This allows communication and rewards to be based on customers individual purchases / past behaviors and drive engagement through personalization. welcome reward, birthday reward, segmentation).

Purchasing 492

Purchasing 492

Modern Restaurant Management

JANUARY 23, 2024

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 2023 in one year alone. For example, consumers are becoming increasingly conscientious of the sustainability practices of the brands they purchase from.

Food and Beverage 493

Food and Beverage Food and Beverage Food Safety Purchasing 493

Modern Restaurant Management

APRIL 11, 2024

Technology plays a key role in redefining and enhancing dining experiences Approximately 55 percent of restaurants planned to integrate new technologies in 2023, with 56 percent aiming to automate more online functions in 2024. Comparatively, 48 percent intend to automate additional on-premise functions (previously 41 percent in 2022).

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Customer Experience Recipes Inventory Inventory Management 473

Modern Restaurant Management

JUNE 14, 2022

We warned that medical trend (the rate of increase in medical plans) would be increasing in 2022 and in 2023. While the existing studies indicate similar trend rates for 2022 and 2023, as mentioned above, there is growing evidence that the general inflation rate will drive even higher than forecasted medical costs.

Hospitality 457

Hospitality Hospitality Purchasing 457

Modern Restaurant Management

MAY 18, 2022

With winter behind us and summer approaching, it is time to begin planning for the 2023 benefits plan year. 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.

Purchasing 531

Purchasing Hospitality Hospitality 531

Modern Restaurant Management

JUNE 22, 2022

In 2014, Snyder and Russ Bernard, purchased Beal’s from Mary Beal, the widow of the third-generation owner Sam Beal. The company has recently purchased the Log Cabin Restaurant location on Mt. Desert Island with a planned opening in 2023.).

Food Prices 474

Food Prices Purchasing Customer Service Customer Service 474

Modern Restaurant Management

APRIL 11, 2023

Yet, despite Statista predictions, National Restaurant Association’s 2023 State of the Industry Report revealed about one-third of restaurant operators say ghost kitchens will decline. Our Convenience Store Trends Report found 76 percent of consumers surveyed have purchased prepared food from a c-store.

Food and Beverage 474

Food and Beverage Food and Beverage Purchasing Customer Experience 474

Modern Restaurant Management

OCTOBER 24, 2024

We are a breakfast and lunch concept in Cincinnati, Ohio and we have been B Corp certified since January 2023. I have been fortunate to work with Sleepy Bee Cafe since its founding in 2013. The assessment is exhaustive and, for restaurants, it has to be done within the boundaries of the business model, which are not particularly flexible.

Chef 221

Chef Food Service Food Service Purchasing 221

Modern Restaurant Management

NOVEMBER 30, 2023

Recent findings reveal that researching a new POS for implementation after 2023 is a priority for 43 percent of restaurants , with 29 percent hoping to upgrade their POS for better omnichannel integrations. This shift underscores the evolution of POS systems from mere transactional tools to comprehensive data hubs.

Staffing 324

Staffing Inventory Customer Experience Purchasing 324

Modern Restaurant Management

MAY 3, 2024

In fact, the market for non-alcoholic alternatives has seen consistent double-digit growth over the last five years and exceeded half a billion dollars in 2023, according to NielsenIQ. Keeping health and wellness top of mind, consumers are increasingly choosing mocktails and other non-alcoholic drinks at restaurants and at home.

Food and Beverage 373

Food and Beverage Food and Beverage Purchasing 373

the CAMBRO blog

DECEMBER 19, 2024

According to JAM, they purchased 171 boxes of 18-inch plastic wrap in 2023; at 1,000 yards per box, that’s over 97 miles of plastic wrap. In addition to deli containers, JAM used a variety of other limited-time use containers for larger portions of ingredients. We decided there must be a better way to do that,” said Steel.

Catering 98

Catering Catering Chef Purchasing 98

Modern Restaurant Management

FEBRUARY 1, 2022

Between 2023 and 2030, the industry is projected to add an average of 200K jobs each year, with total staffing levels reaching 16.5M Other operational takeaways include: Fifty-four percent of adults say purchasing takeout or delivery food is essential to the way they live, including 72 percent of millennials and 66 percent of Gen Z adults.

Food and Beverage 518

Food and Beverage Food and Beverage Staffing Chef 518

Bill Marler

JULY 24, 2023

According to the details posted online by the FDA, the recall was initiated on June 16, 2023, and is ongoing. Recalled products: Romaine lettuce packed in bulk 45-pound mini-bins 2580 mini-bins Code: Tierrasol 23-26R08 Anyone who purchased the recalled product should immediately dispose of it and not consume it.

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FDA Purchasing 210

Modern Restaurant Management

OCTOBER 19, 2021

Promotions and discounts, like happy hour, bottomless brunch, or daily drink specials, are often popular ways to encourage customers to purchase drinks and spend more time and money at your restaurant. Tennessee for example passed a new law that allows carryout and delivery of alcohol that expires in 2023. Market … Responsibly.

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Point of Sale Food Service Food Service Purchasing 539

Modern Restaurant Management

DECEMBER 19, 2023

The recovery in the restaurant industry means that restaurant owners looking to sell their business in 2020, but couldn’t due to the pandemic economy plummeting restaurant values can finally sell in 2023. Someone looking to buy a restaurant is going to rethink that purchase if they have to finance a $3.5

Purchasing 251

Purchasing 251

Bill Marler

SEPTEMBER 16, 2023

As of September 15, 2023, CDPH has identified 20 individuals with Salmonella infections who ate prepared food from a taqueria in Carniceria Guanajuato located at 3140 N California in Chicago. Carniceria Guanajuato voluntarily closed the taqueria on September 8, 2023 and is cooperating with CDPH to determine a source of the infections.

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Hospitality Hospitality Food Storage Purchasing 201

Food Safety News

JANUARY 30, 2024

In 2023, the Chinese Center for Disease Control and Prevention (CDC) investigated 505 reports of mushroom poisoning, resulting in 1,303 patients and 16 deaths. Among the cases, 23 patients from 11 incidents consumed poisonous mushrooms purchased from markets, while 23 patients from nine incidents were poisoned after eating dried mushrooms.

Food Safety 96

Food Safety Purchasing Hospitality Hospitality 96

Modern Restaurant Management

NOVEMBER 17, 2020

More than half of respondents are purchasing gift cards to restaurants this holiday season. According to the survey, over 74 percent of Americans use their phone to order and pay for food and merchandise at least once a week, with nearly 48 percent using their phones for purchases several times a week or more. The sheer convenience.

Food and Beverage 402

Food and Beverage Food and Beverage Purchasing Catering 402

Modern Restaurant Management

FEBRUARY 7, 2024

As Merriam-Webster's word of the year for 2023, authenticity is proving to be something that people of all generations search for now more than ever. They research, investigate and seek out experiences – especially when it comes to restaurants.

Food and Beverage 493

Food and Beverage Food and Beverage Catering Catering 493

Bill Marler

SEPTEMBER 18, 2023

As of September 15, 2023, CDPH has identified 20 individuals with Salmonella infections who ate prepared food from a taqueria in Carniceria Guanajuato located at 3140 N California in Chicago. Carniceria Guanajuato voluntarily closed the taqueria on September 8, 2023 and is cooperating with CDPH to determine a source of the infections.

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Purchasing Food Safety Hospitality Hospitality 216