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.

Staffing 178

Staffing Purchasing Culinary Education Chef 178

Modern Restaurant Management

APRIL 5, 2022

According to The Wall Street Journal, food prices are estimated to rise on average five percent in the first half of 2022, while other sources point to a seven-percent increase by the end of the year. This estimate will likely be well under the price jump as fuel costs continue to rise. Increase in Costs.

Food Prices 190

Food Prices Purchasing 190

Modern Restaurant Management

SEPTEMBER 19, 2023

However, the impact that AI is already having on the food industry is without parallel, helping to lower food prices, increase the availability of certain products or ingredients, and prevent supply chain shortages. It's already helping to prevent supply chain shortages and eliminate food waste.

Food and Beverage 128

Food and Beverage Food and Beverage Inventory Food Prices 128

Modern Restaurant Management

AUGUST 10, 2022

Restaurants must keep innovating to elevate the diner experience. It’s a tough time to be in the restaurant business. Food prices are soaring amidst supply chain disruptions, increasing labor costs, and processing plant shutdowns.

Customer Experience 168

Customer Experience Food Service Food Service Food Prices 168

Modern Restaurant Management

JULY 6, 2022

Higher inflation affects restaurant owners, operators and their customers. By decreasing overall disposable income, inflation erodes consumer purchasing power. Recent data found that 55 percent of consumers have changed their shopping behavior due to price increases and 90 percent plan to do so moving forward.

Purchasing 191

Purchasing Food Prices 191

Modern Restaurant Management

JUNE 30, 2023

Own Your Changes In March 2023, restaurants’ food prices were 8.8 When adding in the rising cost to attract and retain labor, it’s understandable that restaurants might raise prices to stay afloat. Too many choices and configurations led to customers ordering lower-priced items.

Customer Experience 168

Customer Experience Staffing Food Prices Purchasing 168

Modern Restaurant Management

MAY 1, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features COVID-19 crisis statistics and surveys about third-party delivery, guest expectations, QSR reliance and more. ” Frequent users adjusted their purchase behavior. Yelp Economic Average. Health and Safety is Top Consumer Concern.

Food and Beverage 152

Food and Beverage Food and Beverage Purchasing Food Supply 152

Modern Restaurant Management

JUNE 28, 2024

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news on the impact of California's minimum wage, customer satisfaction, AI use in restaurants, popular cocktails and bathroom readiness. The ACSI Restaurant and Food Delivery Study 2024 is based on 14,604 completed surveys.

Food and Beverage 117

Food and Beverage Food and Beverage Inventory Management Customer Experience 117

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.

Food and Beverage 182

Food and Beverage Food and Beverage Purchasing Staffing 182

Modern Restaurant Management

DECEMBER 16, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. Topline numbers show robust restaurant sales growth during November. Holiday Traffic Not Enough.

Food and Beverage 95

Food and Beverage Food and Beverage Purchasing Food Prices 95

Modern Restaurant Management

MAY 7, 2021

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Mark Kelegian and his family purchased Randy’s Donuts in 2015. ’ We’re one of the only restaurants serving filet mignon and lobster at fast food prices.”

Food and Beverage 140

Food and Beverage Food and Beverage Purchasing Online Ordering Systems 140

Modern Restaurant Management

JANUARY 31, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features an economic report from Yelp, super Super Bowl stats, delivery trends, megatrends, best cities for BBQ and top venues. Participants may also overreport or underreport healthy or unhealthy foods due to social desirability perceptions.

Food and Beverage 152

Food and Beverage Food and Beverage Nutrition Recipes 152