Sat.Dec 31, 2022 - Fri.Jan 06, 2023

article thumbnail

How Restaurants Can ‘Deliver’ on Revenue During Times of Inflation

Modern Restaurant Management

Inflation is dominating the conversation in every industry today and according to the Bureau of Labor Statistics prices rose 7.7 percent for the year ending in October. Despite inflation taking its toll, many people are continuing to prioritize and enjoy the convenience of takeaway and food delivery with recent Deliverect data revealing that more people are purchasing delivery orders today than they were before the recent increase in the cost of living.

article thumbnail

How to Create a Bar Inventory Spreadsheet

Sculpture Hospitality

A bar inventory spreadsheet can be used to help you manage your bar's inventory and costs. While it’s not as effective as an inventory management system , with the right setup, you can keep track of stock levels, pricing, and other important information related to running a bar.

Inventory 113
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What families want from fast casual brands

Fast Casual

The lack of focus on kids is a big miss given that parties with children 12 and under bring in checks that are twice as high as parties without them.

117
117
article thumbnail

The Restaurant Technology Network's AI Share Group Recap

Restaurant Technology Network

The Restaurant Technology Network (RTN) hosts monthly collaborative conversations on a variety of technology trends shaping the restaurant industry. RTN’s AI Share Group enables restaurant technology executives to come together to explore various AI / ML real-world applications, and how these technologies are creating operational efficiencies.

52
article thumbnail

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.

article thumbnail

Does Prioritizing Digital at the Expense of Direct Mail Lose Money for Restaurants?

Modern Restaurant Management

Twenty years ago, spending marketing dollars on digital ads was a new concept. Facebook? Didn't exist. Instagram? Also non-existent. Google was still young, but they had a new advertising platform that used an old-fashioned but attractive buying strategy: The auction. The Growth of Digital. Unlike traditional advertisements like print mail or radio, the auction allowed you to bid what you wanted for an ad, not some flat rate outside of your control.

192
192

More Trending

article thumbnail

171: Food Rescue: How & Why its Necessary

Eating at a Meeting

Event Professionals from across the country have told me on many occasions — and I've personally experienced it — that event venues refuse to donate leftover, untouched food due to concerns about food safety. One planner even shared that a hotel told his organization, "Don't make us do this," in spite of the fact that the catering contract stated all remaining, untouched food would be donated.

article thumbnail

High School Cafeteria Design Ideas: 5 Areas of Focus When Upscaling

LTI, Inc.

Simple Refreshed Design Ideas for School Canteens, Cafeterias and Food Courts High schools are feeling the pressure more than ever to keep students on campus and buying food at school. With delivery through services like Grubhub, Uber Eats and Doordash, in addition to the endless number of off-campus retail choices – students are at no loss for dining options.

article thumbnail

What Guests Lose in the Ghost Kitchen Experience

Modern Restaurant Management

COVID-19 changed the restaurant industry forever. It took existing trends, like the move to digital and delivery, and accelerated them by years. One of these supercharged changes was the rise of ghost kitchens. For restaurateurs, you can see why the model would be attractive. Operating costs are significantly lower since you don’t need to worry about renting out a large space.

Chef 189
article thumbnail

Shrinkage in retail and how to prevent it

Lithos POS

Retail Shrinkage is a significant problem faced by retailers. 1.44 to 2.00 percent shrinkage is seen in retail sales. It may seem like a slight loss at first glance, but it results in tens of thousands of dollars in losses each year. What is retail shrinkage? Shrinkage in retail refers to the loss of merchandise that occurs due to factors such as theft, damage, or error.

article thumbnail

What’s on the Menu? — January 6, 2023

Modern Restaurant Management

In this column, Modern Restaurant Management (MRM) magazine looks at newly introduced menu items from top brands. Green January. Sweetgreen launched Green January, an opportunity for customers to jumpstart a healthy routine in the new year through real, fresh food. Offered exclusively through the sweetgreen app and website through January 18, Green January empowers users to implement more feel-good routines in the new year, by inviting them to try sweetgreen’s menu items to unlock special

article thumbnail

Restaurant Redesign and Tech Adoption Motivated by Rise in Takeout Ordering

Modern Restaurant Management

Over the past few years, the restaurant industry has experienced numerous challenges with the spread of COVID-19 temporarily halting regular operations. While lifted restrictions indicated a hopeful upswing, growing inflation, increasing worker pay and fear of a looming recession have caused the landscape to once again become worrying. These setbacks and evolving customer expectations amid the pandemic have shifted the way that operators are managing their own spaces, as they work toward maximiz