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egg industry is grappling with a crisis that has sent shockwaves through the foodsupply chain. These challenges not only impact egg producers but also have significant ramifications for restaurants, retailers, and consumers alike. Retailers : Grocery stores have responded by imposing purchase limits on eggs to manage supply.
Lille Allen These are the food phenomena wed like to bid adieu to in the coming year While 2024 saw many great things in the world of food and drinks excellent new restaurants ! Some of these food and dining phenomena, from the benign annoyances to the potentially harmful, are perhaps more than mere trends.
"The pandemic forced the restaurant industry to reinvent itself overnight, moving from a primarily in-store dining experience to an omnichannel, digital-first business. " As we mark the fifth anniversary, MRM magazine surveyed restaurant insiders about the pandemic’s lasting impact on their businesses and the industry. ."
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 2025. When consumers order more food online, it’s clearly good for business – but it can also make it harder for businesses to manage inventory.
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. An issue that may arise from this in 2024 is data privacy. Read the first part, here. For the second part, click here.
As the calendar turns towards 2024, the restaurant industry stands at a crossroads, with innovation and adaptation at the heart of its ongoing evolution. Yet, restaurants need to balance this tech-centric approach with the irreplaceable human touch that defines hospitality.
Independent restaurants are at a pivotal moment, as the industry confronts multiple challenges including inflation, cost volatility, and extreme weather and adapts to an increasingly complex operating environment, according to the findings of the The James Beard Foundation® (JBF) 2025 Independent Restaurant Industry Report.
Five years after the onset of the COVID-19 pandemic, our relationship to food and dining has undergone some permanent changes I got COVID for the first time this past February. Most restaurant and food service workers did not have access to sick leave or any other safety net , and yet were deemed essential.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.
Restaurant operators have faced stiff headwinds since 2020, with a near-constant swirl of inflation, supply chain and labor challenges. But if last year was any indicator, restaurant operators are on the road to relief in 2024. In 2024, we expect these trends to shape the restaurant sector. Coffee in 2023.
Restaurants are feeling the bite of high labor costs, thanks to increased minimum wages, staff shortages, and high employee turnover that is outpacing other industries. Enhance Retention The Cornell University Center for Hospitality Research estimates that losing a front-line employee costs fast-food venues an average of $5,864 per person.
The FDA has already issued more than 50 food recalls in 2024, causing many consumers to worry about food safety – and raising an important question for the restaurant industry: Would we know exactly what to do in a recall situation? Use these best practice tips to protect your food, guests, employees, and brand.
Running a restaurant is tough. The good news is that there are tax deductions and credits made for restaurants and owners that can ease the burden. Essential Restaurant Tax Deductions 1. A restaurant POS system like SkyTab, though, has no upfront cost, just $29 per month. Keep it separate or bundled with food costs.
Please send plant-based news to Modern Restaurant Management (MRM) magazine's Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Good FoodRestaurant Scorecard. Despite skyrocketing demand for plant-based food across the U.S., Despite skyrocketing demand for plant-based food across the U.S.,
In 2020, the number of establishments in the food and beverage industry was estimated to be 23.1 million worldwide, and in 2023, there were about 749,404 restaurants in the United States alone. This is where being well-equipped with a fool-proof restaurant marketing plan comes in.
Running a bar is a lucrative business, proven by the fact that this industry is estimated to be valued at a whopping $36 billion in 2024. While this could be a rewarding venture, opening a bar is not exactly the same as opening a food business. Even better, it is expected to grow at an annual growth rate of 5.09% in 2027.
Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education. Plant-based Menu Items.
The competition in the restaurant industry is getting tighter. In fact, 45% of restaurant operators expect their competition to be much more intense in 2024 than last year. That said, we've compiled some of the best techniques for increasing restaurant sales and taking your business to new heights.
While, on average, sales have grown by 13% across industries, Restaurants & Cafés have been growing below-average, and were surpassed by indirect competitors such as Food and Beverage at Home. W eakening sales and falling margins can shake confidence.
The new CSRD regulations require large food service companies to report on Scope 3 emissions, which can be difficult to manage. Scope 3 emissions come from areas outside your direct operations, like your suppliers and logistics, yet they account for about 70% of your restaurant’s total carbon footprint.
This 85+ item list of food service statistics results from meticulous combing through dozens of industry reports. They could help guide your decisions in what is shaping up to be a very uncertain time for restaurant operators. For 62% of restaurants , automation could help fill critical gaps in managing orders. Let’s dig in.
In this edition of MRM News Bites, we feature restaurant community support endeavors, new tech and a little holiday fun. launched the Ocean Spray Farmers for Chefs Alliance with the goal of helping as many qualifying independent restaurants as possible cover rent, utilities, and payroll costs. Supporting Independents.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Yelp's Top Places to Eat in the U.S., Restaurants Grow Compared to January, but Headwinds Persist Fiserv published the Fiserv Small Business Index for February 2025, with the seasonally adjusted Index holding steady at 147, unchanged from January.
Eaters annual guide to the most exciting food destinations, featuring hidden gems and well-known locales that live up to the hype Remi Shoots, Malakhai Pearson, Ka Xiong, Marlon James Scenes in Johannesburg, Providence, Luang Prabang, and Trinidad. A diverse coterie of restaurants fuels this new era. Lets get out of here.
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 2025. It is atop the list for restaurants looking to modernize, differentiate, and elevate experiences. As of 2024, over half of U.S. Data, Data, Data.
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 2025. As economic pressures and fluctuating food costs persist, these technologies will be critical for maintaining profitability and ensuring long-term sustainability.
Getty Images Bird flu outbreaks have caused egg prices to rise, forcing some restaurants either adapt recipes or raise menu prices Toward the end of 2024, James Wong of the San Francisco bakery Breadbelly was already mentally preparing for his egg prices to go up: They also spiked at the end of 2022 and 2023 , due to nationwide bird flu outbreaks.
This edition of Modern Restaurant Management (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. A Tough Year for Retail, Food, and Auto Businesses. Restaurant, food, and nightlife businesses were collectively down by 1.3
Update: 3/18/2024: This story was originally published November 10, 2017. This month, the José Andrés-led nonprofit World Central Kitchen (WCK) became the first organization to successfully send aid to Gaza by ship when the Open Arms, carrying 200 tons of food, reached the area on March 15; WCK dispatched a second ship on Sunday, March 17.
Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. This legislation directed to helping restaurants and bars recover from the COVID-19 pandemic. foodsupply remains steadfast.
Thomas Barwick/Getty Images The recent termination of workers in New York and Boston highlights the vulnerability of restaurant employees without legal status In 2005, Fulton Fish Market, which supplies New York City with nearly half its seafood , left the Seaport for a new location in the South Bronx. By 2022, after a $194.6
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