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Currently, owners and operators across the country are grappling with: Worker Shortages : The restaurant industry is facing a severe labor crunch, with 45 percent of operators reporting they need more employees to meet demand. Seasonal Shifts : They may be predictable, but they still add another layer of complexity to restaurantmanagement.
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.
Please send questions to Modern RestaurantManagement (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Taking inventory is one of the most tedious processes in restaurant operations. Recipe Costing. Prevent Shortages.
Learn how the foodservice industry can stay competitive and fresh amid widespread food and labor shortages. As consumers watch foodprices 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.
With wholesale foodprices 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. To mitigate these concerns, restaurants have gotten creative, looking for new cost-cutting measures.
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 foodprices rise, restaurants should try to stay within their target ratio for food cost to gross food revenue in order to maintain target profits.
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 foodprice spike of 2008. A successful agricultural industry gives the perception that food security isn’t at risk in the UK.
This edition of Modern RestaurantManagement (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. Known for making many of their dishes from scratch, they pair classic recipes with the best California ingredients.
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. The fast food industry saw the largest reduction in spending year over year (five percentage points). million times per month. percent in 2023.
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