Modern Restaurant Management

MARCH 11, 2025

– Joey Cioffi, Founder and CEO, Salad House Five years ago brings us to 2020—one of the toughest years in recent history. Before 2020, the idea of takeout cocktails seemed ridiculous. The playbook is always changing, but one thing stays the same: if you’re not hustling and evolving, you’re falling behind.

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Modern Restaurant Management

APRIL 2, 2021

Prior to restaurant lockdowns in March 2020, the establishment received the majority of its business through dine-in customers. In May 2020, Pho MPH’s online order count totaled just 92. In June 2020, that number skyrocketed to 601 after the restaurant began utilizing Pronto. ”

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Modern Restaurant Management

JANUARY 21, 2020

As long as there's coffee in 2020 we're good. pic.twitter.com/UWURIVaXeM (@tacobell) January 9, 2020. No matter which platform you decide to start using, it’s important you have a game plan in place for 2020. View this post on Instagram. A post shared by Dunkin’ (@dunkin) on Dec 30, 2019 at 12:00pm PST.

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Modern Restaurant Management

NOVEMBER 20, 2024

After millions left the industry in 2020, restaurants responded by increasing wages and leaning into incentives to attract employees back. Long after the restaurant industry felt the most significant impacts of the pandemic, echoes still reverberate in the form of workforce realities and operational challenges.

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Modern Restaurant Management

MAY 6, 2021

The RRF will provide tax-free grants for food and beverage venues that lost revenues in 2020. The requirements are a little different for businesses that started in 2020. For businesses that were open for all of 2019 and 2020, the maximum amount they can receive is $5 million per restaurant or $10 million per restaurant group.

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Modern Restaurant Management

APRIL 27, 2020

OpenTable added new features and price cuts for 2020 as they recognize the road to recovery will be long and difficult. Beginning in May, restaurants that sign up for our “Open Door” pricing program will enjoy: No subscription fees through the end of 2020. No cover fees through September 30, 2020.

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Modern Restaurant Management

FEBRUARY 16, 2021

According to SEC filings, food delivery apps experienced tremendous growth in 2020 earning a combined $5.5 billion in revenue from April through September of 2020—compared with $2.5 billion from the same period in 2019.

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Modern Restaurant Management

OCTOBER 22, 2024

percent, about 87,000 positions, above their February 2020 employment peak, according to the National Restaurant Association. Staffing levels have been on the upswing since the dark days of the pandemic, with the number of jobs at bars and restaurants up nearly 0.7 Quit rates have also fallen since then.

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Modern Restaurant Management

APRIL 10, 2024

Restaurant operators have faced stiff headwinds since 2020, with a near-constant swirl of inflation, supply chain and labor challenges. In November 2023, the National Restaurant Association reported that full-service restaurant employment levels were still 4 percent below February 2020 readings.

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Modern Restaurant Management

DECEMBER 30, 2021

We’ve seen it throughout 2020 and 2021, and now 2022 is seeing a new version of the same. QR codes, the first of the restaurant-saving technology of 2020, paved the way for newer and better tech discoveries throughout the past two years. The oldest of the tech turned out to be the most tenacious in 2020-2021.

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Modern Restaurant Management

JANUARY 26, 2022

Additionally, r estaurant and food new business openings (74,616) also increased 10 percent from 2020 (67,611). "Our data shows restaurant and food new business openings increased 10% last year from 2020 – a strong sign that these businesses are adapting to the changing conditions. . "Restaurant

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Modern Restaurant Management

NOVEMBER 24, 2020

That said, restaurants didn’t have COVID-19 written into their budget at the beginning of 2020. In fact, the industry had a turnover rate of 75 percent in 2019 and this trend was aggravated in 2020 by the pandemic. Seasonal business owners should be consistently looking for ways to cut costs during slower times.

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Culinary Cues

MARCH 16, 2025

Think back to March of 2020. Eventually we figured it out (to some degree) but in the process lost an enormous number of restaurants from 2020 2023. Every day brings new challenges to face, unexpected curve balls that throw you off balance. But you might want to stop now and again and reflect on a time, not too long ago.

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Modern Restaurant Management

DECEMBER 29, 2020

2020 threw unprecedented challenges our way, causing chaos throughout the food and beverage industries. Already fairly widespread at the beginning of 2020, once the pandemic hit, the rate of online ordering soared to heights never seen before. One way is to embrace the wonders of technology. Go All Out with Online Ordering.

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Modern Restaurant Management

SEPTEMBER 27, 2021

In February of 2020, the restaurant industry was on a long, slow march toward digital sales growth. In March of 2020, the world changed. Throughout the remainder of 2020 and into 2021, the majority of restaurant brands spent most of their energy adapting to a channel switch. Something happened along the way, though.

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Modern Restaurant Management

MAY 16, 2022

That’s up from $640 billion in 2020. In 2020 the pandemic severely hit restaurants across the U.S. Midway through 2022, COVID-19 is still a problem, albeit nowhere near the size and scope of 2020 and 2021. ” Covid Issues Still on Front Burner. with many having to shut their doors.

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Modern Restaurant Management

DECEMBER 16, 2022

Since 2020, however, consumers have grown used to contactless options such as curbside pickup as a convenient choice, even as restaurants reopened their doors. Here's a look at why curbside pickup has staying power, and how you can improve your own curbside offering. Why Curbside Isn’t Going Anywhere.

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Modern Restaurant Management

JUNE 15, 2021

Nearly 6,600 new restaurant and food businesses opened in May 2021, a 42 percent increase from May 2020 and down by only 21 percent from May 2019. Plus in the first quarter of 2021, DoorDash’s non-restaurant orders climbed more than 40 percent from the fourth quarter of 2020. ? Pennsylvania. North Carolina.

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EATER

DECEMBER 17, 2024

But if theres one thing that can drag me screaming back to 2020, its a menu QR code. Rebecca Flint Marx, home editor The persistence of QR codes I would like to think that the restaurant world has come a long way since those first dark days of the pandemic. In many thrilling ways, it has.

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Modern Restaurant Management

FEBRUARY 1, 2021

2020 brought plenty of obstacles, and many business lessons along with them. Overall communication strategies had to pivot and adapt throughout the chaotic year of 2020. 2020 brought a year of chaos in the media landscape, thanks to a rise in conversations about diversity, the environment, and politics. Bottom line?

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Modern Restaurant Management

JANUARY 12, 2022

Early in the pandemic, 72 percent of operators invested in delivery and mobile/online ordering to boost revenue during mandated stay-at-home orders according to TD's 2020 survey, and it appears the popularity of these offerings is here to stay. Sales velocity is now +4 percent vs January 4, 2020. California.

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Modern Restaurant Management

AUGUST 3, 2021

the average monthly payroll of the company during either 2020 or 2019. Key qualification requirements for the second round of PPP funding include: Eligible businesses must have experienced a 25 percent reduction in revenue in one quarter of 2020 (1st, 2nd, 3rd, 4th) over the same quarter in 2019. average monthly payroll.

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Modern Restaurant Management

DECEMBER 14, 2021

percent from 2020, according to the National Restaurant Association. For many companies, the adjustment began in earnest in 2020, as awareness around climate change, racial and social equity issues, and COVID-19 changed the way people think about and prioritize ESG. Staffing Shortages Continue.

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Modern Restaurant Management

JUNE 11, 2021

In 2020, inside sales dropped as the pandemic locked down indoor dining. All of my clients’ in-restaurant sales are increasing, while the carryout/pickup/curbside business is remaining at the 2020 levels. Based on my first-hand knowledge of the industry nationally, here is my advice: Hold on tight!

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Modern Restaurant Management

JULY 13, 2021

When six years of growth for the restaurant industry are wiped away in a year, it’s no surprise that the National Restaurant Association is saying that 2020 was the worst year for restaurants. With more vaccinations, restrictions are lifting and diners are returning in droves. However, costs are not returning to pre pandemic levels.

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Modern Restaurant Management

MARCH 10, 2021

The eligible wage amount has been increased to $10,000 per quarter (per employee), as opposed to 2020, the eligible wage amount was $10,000 per year (per employee). The credit is now 70 percent of the aforementioned eligible wages, whereas in 2020 the credit was at 50 percent. How do the ERTC and PPP loan interact?

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Modern Restaurant Management

NOVEMBER 5, 2021

Food service suppliers have been scrambling to keep pace with fluctuating demand in a supply chain that has been anything but predictable since 2020. hit an all-time low of $30 billion in April 2020. Since March 2020, restaurant demand in certain areas has swayed between in-person dining and carry-out services.

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Modern Restaurant Management

JULY 28, 2021

The average loan size was ~$42 thousand (compared to $101 thousand in 2020). 96 percent of loans went to businesses with fewer than 20 employees (compared to just 87 percent in 2020.). 32 percent of loans went to businesses in LMI communities (compared to just 24 percent in 2020). In 2021: SBA approved over 6.5M

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Modern Restaurant Management

JANUARY 19, 2021

Early in 2020, the internet roared “ Fake Pizza !” If nothing else, 2020 taught us that we need to be able to pivot. Here’s our predication for 2021–by the end of the year, every restaurant, big or small, will have a virtual banner under which they sell food catering to a different cuisine or market.

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Modern Restaurant Management

OCTOBER 26, 2022

A Federal Reserve Bank of San Francisco Diary of Consumer Payment Choice report further revealed that consumers continued to use credit cards and debit cards for most of their payments, accounting for 57 percent of total payments in 2021 compared to 55 percent in 2020 and 54 percent in 2019. percent in 2020.

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EATER

MARCH 21, 2025

Until 2020, when Food Network debuted its very own Cinematic Universe show, pulling in chefs who have gained recognition from across the network and beyond, including Bravos Top Chef and Foxs MasterChef. I still find myself putting the show on when I need background noise, especially on a plane.

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Modern Restaurant Management

MARCH 15, 2022

While some restaurants welcomed cryptocurrency before 2020, many are now turning toward cryptocurrencies because of their real-time payment feature – which gives restaurants a much-needed boost. Other well-known restaurants in global markets already accept cryptocurrency, including Starbucks, Subway, Pizza Hut, Quiznos and Burger King.

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Modern Restaurant Management

MARCH 15, 2021

As 2020 has taught everyone in the restaurant industry, adaptation is key to success and survival, especially during challenging times. Take mobile ordering, for instance — leading up to 2020, this option saw a steady increase in popularity, and suddenly it caught on like wildfire. Be Ready to Adapt.

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Modern Restaurant Management

OCTOBER 24, 2024

At Sleepy Bee, our work towards B Corp certification began in the summer of 2020, a time when many of us in the industry were wondering, “What are we doing here?” The assessment is exhaustive and, for restaurants, it has to be done within the boundaries of the business model, which are not particularly flexible.

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EATER

NOVEMBER 15, 2024

A timeline of major Wonder moments: 2020: Wonder begins piloting its van program in parts of Westfield, New Jersey. Per the November 13 press release , Wonder sees the partnership as helping its goal of “re-envisioning the future of food delivery” and making “great food more accessible.” By 2021, it had expanded to serve the entire town.

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