May, 2023

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Restaurants Under Attack from Cybercriminals: How to Protect Your Business

Modern Restaurant Management

As the restaurant industry becomes more reliant on technology, the risk of cyber attacks is rising. Cybercriminals are increasingly targeting restaurants, seeking to steal sensitive customer data and disrupt business operations. One study found that in 2016, the food and beverage industry accounted for ten percent of all data breaches. While many restaurant owners may not think they need to worry about cyber attacks, the reality is that no business is immune.

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Sweetgreen Opens Automated Kitchen, Billionaire Bee Colony + More

Food + Tech Connect

Image Credit: Restaurant Business News Every week we track the business, tech and investment trends in CPG, retail, restaurants, agriculture, cooking and health, so you don’t have to. Here are some of this week’s top headlines. In the quest for efficiency and healthier food options, Sweetgreen has turned to robots to operate its salad line. Bloomberg reports that the company’s “Infinite Kitchen” is pushing the boundaries of food service automation, although human assistance is

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Nobu Hospitality Expands into Lisbon

Hospitality Net

Nobu Hospitality, the fastest growing luxury lifestyle brand founded by Chef Nobu Matsuhisa, Robert De Niro, and Meir Teper, is pleased to announce its expansion into Portugal marking another significant milestone in the company’s global expansion strategy.

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Mastering Restaurant Labor Cost: What Percentage Should it Be?

Sculpture Hospitality

Running a restaurant can be a challenging endeavor, and managing labor costs is an essential aspect of keeping your business profitable.

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Food & Beverage Industry Report 2024

Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.

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Highlights: Restaurant Franchising & Innovation Summit 2023

Fast Casual

This past March, restaurant industry leaders gathered in Miami for the 7th annual Restaurant Franchising & Innovation Summit.

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Digital Dining: What Restaurants Need to Know Now

Modern Restaurant Management

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. These raring-to-dine customers were twice as likely as other respondents to increase their future visits.

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Cultivated Meat’s CO2 Emissions, Ghost Kitchens Are Dying + More

Food + Tech Connect

Image Credit: The Spoon Every week we track the business, tech and investment trends in CPG, retail, restaurants, agriculture, cooking and health, so you don’t have to. Here are some of this week’s top headlines. Recent findings have taken the food industry by surprise, unveiling a stark reality about cultivated meat’s environmental footprint.

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Adnan Malik Promoted to Chief Revenue Officer of Magnuson Hotels

Hospitality Net

Magnuson Hotels is pleased to announce the promotion of Adnan Malik to the position of Chief Revenue Officer (CRO). In his new role, Malik will oversee the company’s revenue management strategy and drive initiatives to enhance revenue growth across the organization.

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5 Reasons Not to Use a Restaurant Inventory Sheet

Sculpture Hospitality

For any restaurant owner, managing inventory can be one of the most challenging and time-consuming aspects of running a successful business.

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2023 Fast Casual Top 100 Movers & Shakers

Fast Casual

A few things every brand on this list, chicken-focused or not, have in common, is a dedication to innovation, nimbleness and creativity. Those three attributes were top of mind as judges sifted through the hundreds of nominations. Congratulations to all our winners.

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Less Waste, Great Taste with Bulk Milk in Schools

Chef Ann Foundation

We're excited to announce our newest program: Bulk Milk! Bulk Milk in Schools is a project to help school districts transition from conventional milk served in individual bottles/cartons to bulk milk dispensers with reusable plastic tumblers.

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Five Ways to Enhance and Improve the Takeout and Delivery Customer Experience

Modern Restaurant Management

Less than two decades ago, restaurant-quality meal delivery was largely limited to pizza and Chinese takeout. Today, the global food delivery app industry is predicted to reach $320 billion by 2029 — up from $140 billion in 2022. Consumers crave convenience. As such, implementing a robust food delivery and takeout service has become critical for restaurants’ longevity and success.

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Michelle Obama Launches F&B Brand, Wood Milk + More 

Food + Tech Connect

Image Credit: Forbes Every week we track the business, tech and investment trends in CPG, retail, restaurants, agriculture, cooking and health, so you don’t have to. Here are some of this week’s top headlines. Two exciting headlines in the food industry have recently caught the food world’s attention. Former First Lady of the United States, Michelle Obama, has launched PLEZi Nutrition, a health-conscious brand.

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American Hotels Support Nearly One in 25 U.S. Jobs

Hospitality Net

American hotels support 8.3 million American jobs, which is equivalent to nearly one in 25 U.S. jobs, according to an economic analysis released today by the American Hotel & Lodging Association and Oxford Economics.

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Restaurant Employee Management: 10 Tips to Retain Your Team

Sculpture Hospitality

As a restaurant owner, your staff are your most valuable asset. Employees who are satisfied, motivated, and committed can help create a positive work environment, provide excellent customer service, and increase the restaurant's profitability.

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How 1 fast casual bakery CEO found success with no recipe

Fast Casual

Mignon François, founder of the Cupcake Collection and mother of six who turned her family’s $5 weekly dinner budget into a multi-million-dollar bakery brand, shares chapter 2 of her book, “Made from Scratch: Finding Success Without a Recipe.

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Restaurants with Strong Brand Identities Captivate Gen Z

Modern Restaurant Management

Born between 1997 and 2012, Generation Z is a demographic known for being tech-savvy and socially conscious. As one of the largest generations of consumers, they continually influence the ways restaurants innovate, and there are identifiable characteristics that differentiate Gen Z consumers from their older counterparts. Here are the biggest takeaways for how restaurants can engage with Gen Z in ways that create a competitive advantage.

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Promotions and Loyalty Programs Are Key to Coaxing Diners

Modern Restaurant Management

Promotions and loyalty programs are necessary to convince Americans to dine out more frequently, according to new research from Provoke Insights and Modern Restaurant Management (MRM) magazine. “As budgets are tightening, restaurants must acknowledge that eating out is becoming a luxury,” Provoke Insights President Carly Fink told MRM. “Establishments should ensure that the experience is worthwhile to the customer with high customer service and great food.

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Three Strategies to Set Your Restaurant Team Up for Summer Success 

Modern Restaurant Management

Summer hiring is in full swing, and many restaurants are struggling to navigate one of their busiest seasons of the year while dealing with ongoing labor shortages and a volatile economy. Turbulent times call for creative solutions, so focusing on efficiencies and making investments in your staff are the best areas to tackle when it comes to running a restaurant this summer.

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MRM EXCLUSIVE: Restaurants Can Benefit by Embracing Automation

Modern Restaurant Management

For the longest time, there has been an idea that automation would take away jobs. It has been thought that, eventually, machines would be able to do jobs better than humans. However, when it comes to restaurant work, it is difficult to envision that as a possibility. There is a craft to great food that a robot cannot replace. Nevertheless, automation can help restaurants and restaurant staff perform their job more easily and efficiently.

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How Automation Is Driving Restaurant Sales Right Across the U.S.

Modern Restaurant Management

The restaurant industry has embraced technology and, of late, it’s been at the leading edge. From the humble QR code, which quickly became a mainstay during the pandemic, to recent reports of “digital-only” restaurants, tech is starting to define service for restaurants and customers alike. There has been an avalanche of commentary and analysis on how automation and AI have collectively helped restaurants cope with now all-too-familiar challenges: labor, supply, inflation.

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Time to Celebrate Dad and Boost Revenue – Restaurant Marketing Ideas for Father’s Day

Modern Restaurant Management

Now that temperatures have officially warmed up, consumers are more eager than ever to dine outside and on-premise. Although restaurant operators are no strangers to this shift in behavior, what they may be overlooking is the chance to leverage one of summer’s biggest revenue driving celebrations – Father’s Day. According to the National Retail Federation , consumers spent approximately $20 billion in 2022 on this annual day dedicated to Dad and it was celebrated by nearly 76 p

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Number of Cooks and Chefs Employed in the U.S. Reaches All-Time High

Modern Restaurant Management

The number of cooks and chefs employed in the U.S. has reaches an all-time high, according to a Chef's Pencil's report based on the latest Occupational Employment and Wage Statistics data released by the Bureau of Labor Statistics at the end of April 2023. Key takeaways include: Employment in the Food Preparation and Serving category is down seven percent compared to pre-pandemic levels, and recovery is very uneven within the professional groups.

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Time to Celebrate Dad and Boost Revenue – Restaurant Marketing Ideas for Father’ Day

Modern Restaurant Management

Now that temperatures have officially warmed up, consumers are more eager than ever to dine outside and on-premise. Although restaurant operators are no strangers to this shift in behavior, what they may be overlooking is the chance to leverage one of summer’s biggest revenue driving celebrations – Father’s Day. According to the National Retail Federation , consumers spent approximately $20 billion in 2022 on this annual day dedicated to Dad and it was celebrated by nearly 76 p

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Designing a Next-Gen Teaching Facility

Modern Restaurant Management

1856 is the first-of-its-kind, student-run culinary experience in the Tony and Libba Rane Culinary Science Center in Auburn, Alabama. Designed by The Johnson Studio at Cooper Carry, the facility provides real-world experience for the next generation of chefs and hospitality leaders. Features of the facility include: An open expo kitchen with TVs for professors to examine students’ work, wider walkways and a glass atrium to allow teachers to give real-time instruction in the midst of an act

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Great Expectations as Customers Show Increased Appetite for Swift Service and Customization

Modern Restaurant Management

The restaurant industry has changed significantly in recent years, not least due to the impact of the COVID-19 pandemic. Globally, restaurants saw a notable shift in customer expectations and behavior during this time. For lengthy periods over the course of two years, businesses were forced to operate solely on a take-out and delivery basis, and it soon became evident that everybody would need to up their game.

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Designing Super Sustainable Restaurant Kitchens

Modern Restaurant Management

As extreme weather and climate change continue to make headlines, restaurant owners are recognizing the impact their commercial kitchens have on the environment, with their enormous quantities of waste and carbon emissions. According to the United Nations , the food sector (from production to consumption, including processing, transport and packaging) accounts for 30 percent of the world's total energy consumption and around 22 percent of total greenhouse gas (GHG) emissions.

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Moms First: US Restaurants Can Level Up their Game with Payments this Mother’s Day

Modern Restaurant Management

In 2023, it is estimated that 87 million Americans will dine out on Mother’s Day. This is great news for restaurants, but they should also be prepared for an influx of customers coming with their most special guests, and expecting nothing but a prime customer experience that will pamper their mothers. In this article, we’ll look at how payments technology has evolved over the last few years and became an important ally for restaurants that want to level up their customer experience a

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Top Three Reasons Why Multi-Unit Operators Should be Looking at Fast Casual Brands to Expand their Portfolio in the Restaurant Industry

Modern Restaurant Management

Multi-unit restaurant owners in the have lots of reasons for wanting to diversify their brand portfolios. After experiencing significant headwinds of a pandemic followed by historic inflation, many multi-unit restaurant franchisees might be looking outside the industry for diversification. As a veteran of the restaurant industry, I’ve always espoused that it is critical not to put all your eggs in one basket if you have the capital, time and energy to get into other categories.

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Payment Security: Does the Hospitality Industry Need to Improve Customer Data Measures?

Modern Restaurant Management

Accepting fast payments has, after all, always been crucial in hospitality businesses. If there’s a long line – in a cafe, a pub, or a restaurant, for example – customers need to be able to pay quickly and securely. Quickly – and securely. The advent (and continuing evolution) of contactless technology has ticked the first box.