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The Cost Advantage of the Right Purchasing Partnerships

Modern Restaurant Management

Everyone in the food industry is feeling the pinch of the economy with reduced consumer patronage in restaurants and even a reduction of produce consumption in the winter months. There are many areas where we have seen food service operators benefit! This makes business tight causing a hard look at any extra costs.

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What Now? COVID-19 Survival Guide for Restaurants

Modern Restaurant Management

" "This is a very challenging time, and we're experiencing something we have never had to deal with before," said Jennifer Petrocelli, executive director of The Preston House & Hotel, a participating restaurant. "We The National Restaurant Association has provided a list of best practices to ensure business continuity.

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2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

In the context of 2024, we anticipate the cultivated meat industry expanding its horizons by forging more meaningful partnerships with a diverse array of stakeholders, such as governments, large industrial and agricultural players, NGOs, academia, and investors. The cultivated meat industry is entering its next chapter.

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Navigating the Supply Chain in the Restaurant Industry

Goliath Consulting

Since the start of the pandemic, safety measures such as social distancing, lockdowns and mask-wearing have completely changed our understanding of how consumers spend on food. Meanwhile, sales at cafes, fast-food restaurants, coffee shops, and casual-dining establishments fell by 27 percent. Shortage of workers is one reason.

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MRM Research Roundup: End-of-September 2020 Edition

Modern Restaurant Management

Most Important safety initiatives. Followed (not surprisingly) by restaurants and delivery drivers following proper safety protocols, price, and ease of ordering from the restaurant. How Comfortable are Diners? Some highlights inlcude: Consumers' projected dining out frequency. Primary reasons for dining out less.

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MRM Research Roundup: Mid-Year 2020 Edition

Modern Restaurant Management

Review mentions of “Back-owned” (and related terms) also skyrocketed, up 426 percent, as people look to support and surface these businesses to the community. There has also been an increase in review content for Black-owned restaurants and food businesses (up 9X) and nightlife (up 13X). Yelp's Economic Impact Report.

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Surviving COVID-19: 7 Financing Options for Restaurants

7 Shifts

Economic Injury Disaster Loans (EIDLs) were also a hot commodity, but the government has since limited application to the agriculture industry—so they're not any use to restaurant owners at this time. These government-backed loans carry loan amounts up to $5 million with low-interest rates and generous repayment terms.