Food Prices Purchasing Staffing 
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. This was however, until COVID-19 changed everything.
Modern Restaurant Management
NOVEMBER 15, 2022
Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their insights on whether there is an effective way to raise menu prices, any alternative and how can you do so without alienating guests. To do this, restaurants will either need to use lower cost food items or raise menu prices.
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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. percent this year.
Modern Restaurant Management
MAY 1, 2020
” Frequent users adjusted their purchase behavior. The concept had a few caveats: consumers want the menu has to be the same as dine-in (not just a few menu items), food prices can't just be marked up to offset the costs, and they wouldn't want high order minimums. Changing Restaurant Purchases.
The NAFEM Show
MAY 21, 2024
To avoid a capital deficit, allocate sufficient funds for: Building renovation or new construction Professional interior design Equipment and supplies to support production The purchase of furniture and fixtures Management An operation’s management is the single most important element in achieving success.
Modern Restaurant Management
JUNE 28, 2024
Meanwhile, despite inflation, Texas Roadhouse is keen on keeping prices low and investing heavily in staffing. The cost of food delivery is a concern in terms of the fairness of food prices (69) and pre-tip taxes and service fees (69). Olive Garden is next among major chains, up four percent to 83.
Modern Restaurant Management
FEBRUARY 5, 2024
This bodes well for businesses where staffing is top of mind, as understaffing issues have persisted at restaurants for a reported average of 19 months. The Digital vs. Physical Divide is 50/50 – While banking, purchasing and even some credit cards have gone completely digital, consumers are hesitant to give up on physical gift cards.
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