Modern Restaurant Management
JANUARY 14, 2025
Extreme Weather: By 2035, experts predict that higher temperatures alone will push up worldwide food prices by between 0.9 Meanwhile, extreme weather events are likely to disrupt transportation routes, damage crops, and lead to shortages of key ingredients, resulting in price spikes that impact menus. percent annually.
Modern Restaurant Management
APRIL 10, 2023
Additionally, with the cost of living continuing to skyrocket and food price inflation at a record high, customers are increasingly focusing their spending where they are likely to garner some type of benefit. Ultimately, this results in greater sustainability, both environmentally and economically.
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Modern Restaurant Management
OCTOBER 28, 2021
Recipe Costing. Inventory-management technology enables chefs to build recipes directly into the software and calculate accurate costs for each plate. Inventory-management technology enables chefs to build recipes directly into the software and calculate accurate costs for each plate. Prevent Shortages.
Modern Restaurant Management
JANUARY 20, 2023
Learn how the foodservice industry can stay competitive and fresh amid widespread food and labor shortages. As consumers watch food prices continue to rise, the demand for cost-effective meal solutions are prompting c-stores, full-service, and quick-service restaurants to increase their offerings. Consistency is key.
Modern Restaurant Management
MARCH 17, 2022
With wholesale food prices soaring 13 percent in 2021 and labor costs rising as worker shortages continue, many restaurants are looking for smart ways to lower costs and avoid passing them on to their diners. The operator could then take necessary action, switching in heartier greens for the salad or making an update to the recipe.
Modern Restaurant Management
JANUARY 12, 2021
While the UK benefits from a successful agricultural industry, many domestic and international factors affect food production and prices for consumers. This became evident during the world food price spike of 2008. A successful agricultural industry gives the perception that food security isn’t at risk in the UK.
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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