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Culinary and Cocktail Trend Forecasts Kimpton is returning with its annual Culinary + Cocktail Trend Forecast highlighting predictions from its global team of restaurant and beverage talent. Freeze-Dried Fruit & Veggie Powders Freeze drying fruits or vegetables enhances both flavor and texture in beverages.
While staffing has always topped the list of restaurant owner/manager pain points, it now seems to be at crisis proportions. “We are seeing sign-on bonuses at fast food and fast casual locations, something never seen before in the industry. Customers can order and pay without speaking to a human and a runner delivers the food.
There’s no denying the strain that staffing shortages have on the QSR industry. While there’s hope across the industry that this trend is easing, staffing challenges will likely remain for many throughout the year. percent in late 2022. Fortunately, Internet of Things (IoT) solutions can do exactly that.
Here is the problem, though: Owners and F&B professionals severely underestimated the impact of – according to the National Restaurant Association – losing more than two million jobs and $240 billion in food-service sales. The linchpin, however, is connecting food experiences to the promise of restaurant marketing.
Restaurants must navigate an intricate web of federal and local compliance parameters, from food and workplace safety regulations, to labor laws, to environmental concerns – and when the consequences for violations are so severe, remaining compliant can feel like walking through a minefield.
The food and beverage industry is on a hiring frenzy. A recent study by The Bureau of Labor Statistics revealed that, despite regular hiring since this spring, the food and beverage industry still remains 1.5 They also eliminate human error, facilitating more accurate orders and less food wastage.
In recent years, the restaurant industry has incurred staffing issues that have closed independent establishments and franchises nationwide. Fortunately, the latest advances in AI technology may keep the lights on for restaurants facing staffing shortages, while also helping these businesses run more efficiently and obtain more customers.
While there is plenty of technology out there to optimize your establishment, one food service trend is becoming a mainstay: Internet of Things. For years, we've seen restaurants add small table kiosks or tablets that allow customers to pay for food. There also are monitoring systems that can track your inventory.
AI-based robots cook your food and deliver meals on time without missing a beat. Local health lockdowns and limitations caused havoc for food supply chains, staffing, customer demand, and remote ordering. Many restaurants were ill-prepared to compete with food delivery services like GrubHub and DoorDash.
More than half of restaurant operators said it would be a year or more before businesses conditions return to normal with food, labor, and occupancy costs are expected to remain elevated, and continue to impact restaurant profit margins in 2022, according to the National Restaurant Association's 2022 State of the Restaurant Industry report.
The quicker businesses can feed that information back into operations, the better, whether for personalized dining, staffing optimization, or advertising and marketing. – Rhonda Levene, CEO of Ziosk Chicken’s Timeless Comfort Food Appeal Chicken has become America’s ultimate comfort food.
The holidays bring an increase in beverage inventory, particularly kegged inventory for bars and restaurants centered around draft programs. At this time of year, customers look forward to (and are willing to pay for) new and special experiences, especially when it comes to food and beverage.
Keeping track of food and beverage inventory is imperative to preventing product waste and theft. Staffing itself is an entirely separate, recurring issue within the restaurant industry. Workplace Culture and Employment Managing staff wages, overtime, and benefits can be a complex process.
In addition to more wide-ranging compliance requirements like general health & safety guidelines and local labor laws, there are food and beverage-specific safety regulations , requirements for specialty licenses (such as those to serve alcohol), and unique stipulations on labor compliance, many related to the employment of minors.
Prior to COVID-19, many restaurant owners were challenged by food, beverage and labor costs. A cocktail server comes to the table to take and deliver beverage orders. Once the food is ready, a runner brings it out. However, if you can’t overcome your staffing shortage, it’s a workable solution.
At a time when most food and beverage leaders wouldn’t consider launching a new concept without a deep dive into the data, most lack even basic information about technology maintenance that could drive cost-saving, satisfaction-enhancing change. But they will devote little strategic thought to longer term maintenance and support.
How long can the restaurant keep staffing levels? Restaurants faced staffing issues when their workforce did not want to return to work once the restaurant received the PPP Loan for various reasons. Several restaurants faced and continue to face staffing concerns due to the changing capacity regulations. Is bankruptcy an option?
Keeping staff has long been an issue for the food and beverage industry, but many restaurants now feel it is their primary obstacle to running a successful business. How do you make sure all employees – new and veteran – are truly ready for the upcoming food health inspection?
However, persistent labor shortages are pushing restaurants to explore automation and artificial intelligence to streamline operations – from kitchen management to customer service – to alleviate staffing pressures while also enhancing efficiency.
According to the National Restaurant Association’s State of the Industry report, 68 percent of customers say they are more likely to purchase takeout or delivery of food than they were before the pandemic. Staffing Shortages Continue. Consumers are showing similar signs of permanent behavioral change.
The customers are already in your restaurant, where they can experience the menu and taste your food firsthand. Beverage costs will decrease significantly once liquor is secured, and rotating food products properly is a health and safety issue. Efficiency will improve, because foods are easier to store and grab quickly.
This will manifest itself in several ways, such as informing robotics in the kitchen for food preparation, in addition to kitchen display systems (KDS) as restaurants kitchens seek to improve efficiency and better optimize for enhance prep station capacity management. – Chris Adams, VP of Strategy, Oracle Food and Beverage. "As
The food and beverage industry is no stranger to new technologies, especially in the past couple of years with the boom of online ordering apps and QR code technology. Food Delivery and Service Robots. Restaurants can implement QR codes that allow customers to self-order on their mobile devices and have robots deliver the food.
It’s relevant today because it helps restaurant leaders contend with enduring issues like crisis recovery, demand fluctuations, food waste, keeping the human touch, managing change, and retaining employees. For this hour, the barista might work the two-beverages-at-once cycle. They would remain focused only on that task.
By the time you manage inventory, staffing, customer demand and narrow profit margins, the last thing you want to think about is the IRS. Your expenses may be higher than the industry average due to the type of food you serve, the depth of your menu offerings or your market differentiation strategies. Call a reputable tax professional!
A Return to Normal The National Restaurant Association released its 2023 State of the Restaurant Industry report, which examines key factors impacting the industry including the current state of the economy, operations, workforce, and food and menu trends to forecast sales and market trends for the year ahead. million by 2030.
Delivery and curbside pick-up reduced on-site staffing. By improving customer loyalty and increasing revenue through the smart use of technology from the public-facing part of the business all the way to the back-of-house prep, sourcing, and staffing. When the pandemic hit, many restaurants focused on expenses.
Top Eats, Drinks, and More No fork, no problem: In addition to fries defending its spot as the most ordered food of the year (and the past decade!), this year was all about finger foods, with many indulging in items best enjoyed without utensils, like mozzarella sticks, wings, pepperoni pizza, and chips & queso.
Rising food, labor and energy/utility costs pose significant challenges heading into 2023. Food and labor costs are the two most significant line items for a restaurant, each accounting for approximately 33 cents of every dollar in sales, according to the National Restaurant Association survey. expect to be less profitable in 2023.
The inability to turn tables quickly & efficiently as a result of insufficient staffing. There are plenty of solutions that can help ease the strain, such as domestically sourced products and equipment, as well as automated beverage dispensing systems, which minimizes wastage while maximizing output regardless of staffing level.
. “It is an extremely challenging time for the restaurant industry as restaurateurs grapple with the difficulty of operating within an uncertain post-pandemic sales environment while simultaneously combating historic levels of food inflation, labor shortages and ongoing supply-chain issues. Inflation is currently at 9.1
Last year, the CGA by NIQ On Premise Impact Report which uses BeverageTrak data to track food and drinks sales across mainland bars and restaurants – both chains and independents – saw a one-percent uplift thoughout the U.S In 2018, Womply estimated restaurants saw a 44-percent increase on Cinco de Mayo over a typical day.
This insight highlights staffing issues as a concerning and current challenge faced by US F&B businesses. The survey was conducted in January 2024 among 522 US-based Food and Beverage professionals, including owners and managers from single-site establishments and small multi-site chains with fewer than 20 restaurants.
Favorite Super Bowl Foods A JeffBet study revealed America’s favorite Super Bowl foods, with some gameday classics appearing further down the list than you might expect. Almost universally, it was found to be the nation’s second favorite Super Bowl food. Rank Super Bowl Food Average Monthly Searches 1.
Fatigued by cooking at home, consumers are anxious to dine at their favorite restaurants according to a new Oracle Food and Beverage study. Americans preferred to pick-up their food (38 percent US vs. 22 percent UK), while the UK preferred home-delivery (57 percent UK vs. 33 percent US). COVID-19 Consumer Dining Trends.
Managing food costs is one of the most important factors in running a profitable restaurant. With rising ingredient prices and tight profit margins, understanding the food cost formula can make the difference between financial success and failure. What is the Food Cost Formula? Lets dive in!
” Their answers touched on a variety of subjects including AI, virtual reality, virtual kitchens, staffing and retention, social media marketing, sustainability and third-party delivery. Over the next decade, a generation passionate about health and wellness will demand restaurants be transparent about food from farm to table.
A new survey shows that Americans love new tech-driven options for ordering and retrieving food, but the flipside is that it is making them more impatient. “As already short-staffed restaurants reopen, they are grappling with how to manage both in-person diners and deliveries, while meeting growing expectations on speed and service. .
Food and Drug Administration has announced food and beverage attorney Kyle Diamantas is the new acting deputy commissioner for human foods. He replaces Jim Jones, who resigned last week in protest of staffing cuts. Mr. Diamantas also oversees food resources in the agencys Office of Inspections and Investigations.
Our restaurant of the future is designed to benefit guests, employees and franchisees, with a new external design and a reimagined kitchen that will make it easier for us to serve hot, delicious food quickly for frictionless guest experiences, and we expect to see a lot more of that next year. Clinton Anderson, CEO, Fourth Enterprises.
By opting for smaller footprints, these brands can keep costs lower – whether it’s for rent, utilities, or staffing – while still optimizing their operations and prioritizing customer experience. What is the investment opportunity for those interested in the fast-casual sector?
236 allows food service establishments to now sell mixed drinks for off-premises consumption. In other words, it allows the sale of mixed drinks with to-go food orders. In particular, S.B. This legislation results from innovative practices restaurants and bars developed during COVID-19 shutdowns nationwide. O.C.G.A. §
Fast-food chains, grappling with economic pressures, embraced self-service kiosks, while the rise of secure mobile payment platforms responded to the imperative of enhancing transaction security. . Staffing is still incredibly difficult, and I think we're in a new normal now for the availability and nature of available workforce.
Get creative and incorporate one or two beverage items if you can (alcoholic and/or non-alcoholic, is possible). This can be similar to catering; however, the customer picks up the food rather than have it delivered.
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