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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. These days, restaurants are on the search for solutions to minimize costs and provide efficiency throughout their operation. Leverage Purchasing Data.
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.
Please send questions to Modern RestaurantManagement (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. With restaurants reopening their patios and doors with limited menus and seats, now is the perfect time to make sure your menu is designed for margin, profitability and strong sales.
Please send questions to Modern RestaurantManagement (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Restaurant menu prices continue upward as the U.S. With the naked eye, there’s no way to see full visibility into your purchasing. percent on an annual basis.
Some waste is unavoidable in every restaurant: a steak is overcooked, a serving tray is dropped, a few onions rot at the bottom of the box. Operators need to have a precise understanding of what they purchase, what they sell, and any variance between those amounts, so that they can identify where waste can be controlled.
Share Recipes and Cooking Tutorials with Followers. Another idea is posting your famous recipes and tutorials for diners who sparked a passion for home cooked food during their time in quarantine, and to provide your restaurant with a brand new revenue channel. There are a few ways to monetize recipes and tutorials.
On the flip side, the same data helps restaurants encourage lower-spending guests to make additional purchases and qualify for other promotions. The same data that makes it possible to spot trends and engage customers is also capable of redefining how restaurantsmanage food and labor costs.
After adopting better delivery and takeout technology in 2020, restaurants are now turning their tech budgets toward bringing in back of house. Front of house tools will take a backseat in ghost kitchens while BOH will continue to manage inventory, purchasing, scheduling, recipe costing, and more.
Please send questions to Modern RestaurantManagement (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Q: What can I do to help my restaurants and community battle the effects of COVID-19? Based on our research, the top 40 grocery items currently being purchased run the spectrum.
Finally, during a lull in the fall in 2020, Pepe had time to pause and reflect on the last seven months, realizing what he had for restaurantmanagement tools were not working. “At first, I was skeptical because I was looking for tools before I opened the restaurant, and I don’t know why I didn’t bump into MarginEdge.
In this edition of MRM News Bites, we feature a lot of tech news, a celebrity-owned virtual dining concept, and the annual Neighborhood to Nation RestaurantRecipe Contest. TouchBistro acquired Boston-based TableUp, a provider of loyalty and marketing solutions for the restaurant industry. TouchBistro Acquires TableUp.
Modern RestaurantManagement (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2025. It is atop the list for restaurants looking to modernize, differentiate, and elevate experiences. Data, Data, Data.
At the same time, smart restaurant and food brands understand that loyalty programs aren’t just a way to get diners in the door. They’re vehicles for building brand preference by heightening emotional connections with customers and fostering satisfaction with a purchase.
Due to many factors including inflation and supply chain challenges, restaurant owners and operators have been faced with tough choice about raising menu prices. To do this, restaurants will either need to use lower cost food items or raise menu prices. Shorten the menu, allowing for less waste, less purchasing and less labor.
Understanding RestaurantManagement Software. The restaurant industry has been evolving consistently over the years. From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Among the technology offered today is restaurantmanagement software.
Please send plant-based news to Modern RestaurantManagement (MRM) magazine's Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Good Food Restaurant Scorecard. They also offer chef training and a hospital tool kit with marketing materials and recipes to ease the transition.
Modern RestaurantManagement (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Through April 24, participants can enter recipes in three categories: Cal-Mex, the REAL California and Plant-Forward. All finalists will win a cash prize.
The impact has ignited a ripple effect on social media with industry leaders and individuals alike unifying with one simple message and a friendly challenge: to purchase gift cards or a meal to their favorite restaurant. by 2022 through Starbucks first supply chain Virtual Power Purchase Agreement with a solar farm in Virginia.
For instance, systems that track inventory and automatically generate purchase orders can save time and prevent stock shortages. Better Data for Smarter Decisions Having access to real-time data allows restaurantmanagers to make informed choices about staffing, menus, and inventory.
This edition of Modern RestaurantManagement (MRM) magazine's Research Roundup features news of LTO impact, influencer impact and no-show fees. ” Influencer Content = Recipe for Success Matter Communications revealed findings from its 2024 Food & Beverage Trends survey. The survey of more than 1,000 U.S.
Modern RestaurantManagement (MRM) magazine asked restaurant industry movers and shakers: "What do you feel is going to cause disruption in the restaurant industry over the next decade?” In addition to improving the guest experience, technology also makes it easier for restaurants to manage their operations.
Additional Panelists include: Ryan Volberg – SVP and GM, PAR Restaurant Solutions Group. Brad Duea – CEO, Restaurant REVOLUTION Technologies. Barbara Castiglia , MODERATOR – Modern RestaurantManagement. The purchase is expected to be completed in September 2020. FAT to Acquire Johnny Rockets.
Modern RestaurantManagement (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Flynn Restaurant Group LP acquired 937 Pizza Hut® and 194 Wendy’s® locations throughout the U.S. Flynn Acquires Hefty Portfolio. KFC’s Generosity.
Modern RestaurantManagement (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Or the story might concern a small but meaningful moment, like a breakthrough recipe idea, a single epic meal, or the thought process underlying the design of a room.
” In Europe, Tork has pledged support and donations to #HorecaComeback and #HelpDeHoreca , two initiatives that encourage consumers to purchase online vouchers that can be redeemed once restaurants reopen, to provide restaurants with working capital during this critical time. PathSpot Secures Funding.
Modern RestaurantManagement (MRM) magazine asked Shaw why she wrote the book, food safety challenges for restaurants and the impact she anticipates AI will have on the industry. What do you feel restaurant operators need to know about food safety? Restaurant owners need to understand that food safety is non-negotiable.
. “As we continue to expand our multi-channel strategy, we know customers, particularly independent restaurants, increasingly use cash and carry as a convenient, cost-effective purchasing option,” said US Foods chairman and CEO Pietro Satriano. That approach continues today in its New York and Boston restaurants.
This edition of Modern RestaurantManagement (MRM) magazine's Research Roundup features a gloomy start to the new year, dining trends for 2020, the importance of discounts, holiday gift card sales results, delivery frustrations, soda curiosity and a consumer culture report. Staffing difficulties continue to rise for restaurants.
Paul Soulliere: Information Systems Manager | 25 years. Paul Soulliere began his career with Hardee's Food Systems in 1978 and worked his way up as Crew Supervisor, Assistant Manager, and RestaurantManager. More opportunity for guest recovery methods in order to extend hospitality beyond restaurants walls.
Imagine your restaurant as a complex business where each part, from the kitchen staff to the front-of-house team, plays a crucial role in creating a premium dining experience. Now, think of fast food restaurantmanagement as skilled and efficient ensuring that each element works seamlessly together to produce a better dining experience.
In this column, Modern RestaurantManagement (MRM) magazine looks at newly introduced menu items from top brands. California Pizza Kitchen (CPK), is relaunching its popular Thank You Card promotion that rewards every guest with prizes just for dining at the restaurant. Nashville Kick. ” Farm to Taco.
In this edition of MRM News Bites, we feature a new documentary on women in the culinary world, the loss of an industry legend, a contest to create healthy recipes and products and services to help restaurant in the pandemic. 'A The goal is to have 370 healthy, easy-to-make recipes for an eCookbook. ” Glass Partitions.
ParTech to Acquire Restaurant Magic. PAR), entered into an interest purchase agreement to acquire AccSys, LLC (f/k/a AccSys, Inc. and otherwise known as Restaurant Magic ("Restaurant Magic")), a restaurant software company located in Tampa, FL and the developers of Data Central. (PAR), ParTech, Inc.
NCR purchased Zynstra for approximately 100 Million British Pound Sterling. This gives restaurants a real-time representation of their performance. Appetize allows restaurants to act on this data and analysis quickly and effectively by making immediate or scheduled updates to menus, pricing, promotions, and other areas.
Modern RestaurantManagement (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Participating restaurants will feature a collection system, in which guests can return the packaging to be safely cleaned through Loop and reused at Burger King® restaurants.
Modern RestaurantManagement (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Recognizing innovation in the making, Cuisine Solutions purchased the franchise rights for Taffer’s Tavern locations both in the heart of Washington D.C.
For instance, analyzing sales patterns can help you adjust pricing, revamp recipes, or remove underperforming items from the menu. Track waste separately to refine purchasing decisions and control costs. Modern POS systems make it easy to monitor labor in real time, helping restaurantsmanage staffing and control costs.
Modern RestaurantManagement (MRM) magazine asked restaurant industry insiders for their perspection on 2020: What lessons did you learn and what do you feel the restaurant industry learned this year? Here are their responses. Click here for part one. Scott Lawton, CEO and cofounder at bartaco.
It’s the ideal ingredient base for a DIY buildable bowl, taco or burrito meal-kit recipe. Presliced, the chicken is great for any number of applications – including fajitas, salads and an array of take-home DIY meal-kit recipes. ” says Antonio Primo, Managing Partner, VC Capital Holdings. Climatarian Menu.
Step 1: Recipe costing Recipe costing is the process of taking your recipes and pricing them out by their individual ingredients. By doing this, you’ll be able to find the cost of your recipes track price fluctuations on a per-ingredient basis, assuming your yields are accurate and there is no wastage.
Customizable flow controls assist with pacing tables to help the kitchen from getting backed up and keep staff’s heads above water when the restaurant is at its busiest. Restaurantmanagement can set these features, and then forget them.
Modern RestaurantManagement (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Customers can also purchase the First Book Bundle at Pizza Hut, where $1 from every bundle purchased will be donated to First Book. More Tropical in Colorado.
Modern RestaurantManagement (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. PJ's Hopes to Open 187 Locations Throughout Florida in Next 10 Years. “Grocery stores are an exciting growth area for our brand. .
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