Food Prices Purchasing Restaurant Management 
Modern Restaurant Management
APRIL 10, 2023
Despite rising ingredient costs and staffing shortages, more than half of the 8,000 restaurant operators and owners polled globally in Lightspeed’s State of the UK Hospitality Industry , agreed that adopting new technology over the past two years has been critical to their success.
Modern Restaurant Management
OCTOBER 28, 2021
Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Taking inventory is one of the most tedious processes in restaurant operations. Rising food prices, over ordering and product waste can all lead to higher food costs.
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Modern Restaurant Management
JUNE 22, 2022
Modern Restaurant Management (MRM) magazine caught up with co-owner Stuart Snyder to discuss the Southwest Harbor, Maine landmark’s past, present and future. In 1969, the third generation of the family opened a restaurant: Beal’s Lobster Pier. Beal’s Lobster Pier is celebrating its 90th anniversary this summer.
Modern Restaurant Management
OCTOBER 31, 2022
As the winter months quickly approach, restaurants must prepare to continue serving their customers while navigating weather and health and safety challenges. Ongoing inflation, higher interest rates, escalating food prices, and a tight labor market across industries add to the uncertainty. Expect an Increase in To-Go Orders.
Modern Restaurant Management
NOVEMBER 15, 2022
Due to many factors including inflation and supply chain challenges, restaurant owners and operators have been faced with tough choice about raising menu prices. As food prices rise, restaurants should try to stay within their target ratio for food cost to gross food revenue in order to maintain target profits.
Modern Restaurant Management
NOVEMBER 24, 2021
Restaurants have faced labor shortages, supply and equipment shortages, and climbing food prices, with no past playbook on how to navigate the crisis. Even as COVID-19 has gotten under more control, restaurant operators are still struggling with the impact it has had on the industry and on their businesses.
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. percent in 2023.
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