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2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. Just as the transition to renewables and electric vehicles has thrived on collaborative efforts, we foresee more collaboration for the cultivated meat industry in 2024.

2024 493
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How Restaurants, Retail and Mixed-Use Environments Are Capitalizing on a Surging F&B Market

Modern Restaurant Management

A Mutually Beneficial Relationship Appreciating the relationship between restaurants and mixed-use environments is a great place to start, if only to clarify leasing decisions and optimize operational and design details. Well-designed outdoor projects feel organic, immersive, and enjoyable versus purely transactional retail.

Retail 275
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Understanding Restaurant Finances & Financial Statements in 2024

7 Shifts

Total sales Total sales is the total revenue from all sales, from food and beverages to other sources like catering or merchandise. A well-designed template structures your data in a clear, organized manner, saving time and effort by making it easy to generate reports.

2024 221
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Gear up for football season: What operators need to know about sports broadcasting in restaurants

Restaurant Business

According to an April/May 2024 national survey of bar and restaurant NFL Sunday Ticket subscribers, operators report drawing an average of 26% more customers on days when NFL Sunday Ticket is on compared to other weekends. Operators can order branded merchandise, use NFL Sunday Ticket web banners on their websites and more.

Sports 263
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10 Father's Day Promotion Ideas for Restaurants 2024

SpotOn

And if you're willing to spend the money, you can even design some merch specifically catered to Father's Day. You can even sell some grandpa-specific merchandise for Father's Day to give guests another reason to buy him a gift. Just be prepared to see Dad fighting over the bill.

2024 52
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Menu Engineering: Innovating Menus for Profitability and Simplicity

Aaron Allen & Associates

2024 will be a great year for menu overhauls, not just LTOs. This involves analyzing each item’s profitability and popularity, considering the menu’s layout and visual design , and understanding consumer psychology. This is what menu engineering is about.

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Top Restaurant POS Features To Look For In 2023

The Restaurant Times

Over 20% of POS solutions are already in the cloud, and 29% are planning to do so by 2024. The metrics from your POS can also provide details about your company’s personnel, merchandise, store design, foot traffic, return policy, and other metrics. Moving to the cloud is a top priority for restaurant owners.

POS 59