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New & Notable: TEAM Schostak Celebrates 40, AI in Food Service and Beachy Tech

Modern Restaurant Management

Schooner Capital led the round with follow-on investments from all major and strategic investors to-date, including Osage Venture Partners, Gordon Food Service’s innovation arm Relish Works and Nigel Morris. MarginEdge closed an oversubscribed, $18 million Series B investment to expand their exponential growth.

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Teriyaki Madness Implements Technology to Combat Coronavirus Crisis Fallouts

Modern Restaurant Management

As the novel coronavirus outbreak leads to state-mandated dining room closures, many food service franchisors are struggling to maintain business. which are loaded to the customer’s app account and can be used online or through their app purchase. We will pick ten winners to receive free bowls for a month (four free bowls!)

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YEA: Restaurants Showing Resiliency with New Openings

Modern Restaurant Management

Compared to Q3 2019, Yelp observed an increase in brand new openings in Q3 2020, nationally, for open air food services including: farmers markets (211 openings) and food trucks (1,734 openings). Yelp measures community resilience by comparing the rate of change of new openings in Q3 relative to Q2, removing seasonal impact.

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Mitigating Workforce Challenges in Senior Living: Outsourcing Food Service

Unidine

When it comes to food service, in particular, there are a variety of challenges that outsourcing can address, including but not limited to: As good as an in-house program is, outsourcing food service to a specialized partner will outperform a self-operated program.

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Decade of Disruption: Restaurant Insiders Dish What’s on the Plate

Modern Restaurant Management

As food delivery continues to grow, valued at $100B with 20-percent increase year-over-year, virtual restaurants allow for kitchens to take advantage of this expanding trend. Virtual restaurants can cater to different consumers, expanding clientele. " Mike O’Hanlon, Head of Catering Partner Business, ezCater.

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Are Restaurants Ready for the Federal Minimum Wage Increase?

Modern Restaurant Management

Restaurant operators have access to part-time workers to manage peak load; and to maximize revenue and increase the number of orders served, they can move employees between food prep, food service and food delivery. Improve Revenue and Margins to Offset Rising Labor Costs.

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MRM Research Roundup: Mid-April 2021 Edition

Modern Restaurant Management

Catering is still a promising source of revenue for restaurants, hotels and venues to continue to capitalize on. One in three respondents shared that they still plan to host their event at home, with 51 percent of those respondents stating they will be catering their at-home event. ” Industry Gaining Momentum. TableSafe, Inc.