article thumbnail

‘A Core Tenet of the Hospitality Space Is that You Focus on People Over Profits’

Modern Restaurant Management

We can expect to see a prolonged period of higher egg prices through the Easter and well into 2025, according to a repor t from CoBank. The report found demand for eggs has skyrocketed , with per capita consumption growing 20 percent from 2016-2019.

article thumbnail

‘A Core Tenant of the Hospitality Space Is that You Focus on People Over Profits’

Modern Restaurant Management

We can expect to see a prolonged period of higher egg prices through the Easter and well into 2025, according to a repor t from CoBank. The report found demand for eggs has skyrocketed , with per capita consumption growing 20 percent from 2016-2019.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Will Handwritten Names on Cups and Free Refills Actually Make Starbucks Better?

EATER

According to CNN , Starbucks baristas will soon return to hand-writing customers names in Sharpie on their cups, a practice that in 2016 was replaced by stickers with the customers order and name printed on them. People are mad that their latte now costs $9, not that the barista stopped personally writing their first name on a cup.

article thumbnail

Five Ways to Increase Sales at Your Restaurant this Valentine’s Day

Modern Restaurant Management

In fact, before COVID in 2016, both single people and couples spent a total of 35 million dollars on Valentine’s day experiences. To determine this number, look at how much your average customer would spend and increase the price. For Valentine’s Day, you could also offer buy-one-get-one entrees.

article thumbnail

Pandemic Hangover Coming for Restaurants and Municipalities

Modern Restaurant Management

city to pass a Beverage Tax in 2016, local operators have overcome the challenges of other taxes that have in many cases had greater impact. Pre-COVID-19, Philadelphia has had an extraordinarily vibrant restaurant scene. And while Philadelphia became the first big U.S.

Beverage 414
article thumbnail

Five PR Ideas You Can Implement in Your Restaurant This Year

Modern Restaurant Management

Shaw’s Tavern , for example, knew its customer base well enough that the restaurant opened early to allow them to watch the Comey hearing on the big screens and offered specially priced drinks and an “ FBI Breakfast ” featuring French toast, bacon, and ice cream. Idea #3: Help a Local Couple Pop the Question.

article thumbnail

The Ultimate Guide to Restaurant Costs

7 Shifts

Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. increase from 2016. Improve Employee Retention The high-turnover rates are well-documented in the restaurant industry, with these rates exceeding 70% in 2016. Fast casual: 28.9%

License 370