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Exploring Food Culture

Modern Restaurant Management

Born and raised in France, Laroche is vice president of marketing with Symrise North America a global manufacturer of flavors for the food and beverage industry. Since the pandemic, many chefs created fast-casual concepts and we see more and more tasting and prix-fix menus. Probably I do.

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MRM Research Roundup: Mid-July 2021 Edition

Modern Restaurant Management

Since this daypart has increased traffic during the pandemic, operators will need to innovate their food and beverage offerings to grow traffic. "Across ” The State of Casual Dining. A new report by foot traffic analytics firm Placer.ai, titled “ Casual Dining – Who’s Thriving and Who’s Recovering?

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Brewing Up Success: Current Trends in the Craft Beer Industry

Goliath Consulting

This digital presence enriches customer interactions, enabling breweries to gather feedback and adapt to changing consumer demands. Brewers are joining forces with local artisans, chefs, and other breweries to create collaborative brews that celebrate creativity and community spirit. .

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2023 Outlook: Trends and Challenges Restaurants Will See, Part Two

Modern Restaurant Management

Spirit-based, ready-to-drink beverages will continue show vast white space, and bourbon should continue to thrive. Partnerships with local brands and stores to reflect the local flavors and cultures (wineries, breweries, tacos, craft-made snacks, etc). " – John Oakes, Revenue Management Solutions CEO.

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MRM Research Roundup: Mid-August 2021 Edition

Modern Restaurant Management

Nixon Peabody's Q3 Food & Beverage Outlook Report offers trends its attorneys are keeping an eye on. ” Linked here is the full report, which also includes info on Massachusetts ABCC Section 25E½ decision and how it’s affecting brewery distribution agreements. "Coffee has been a go-to beverage in the U.S.

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MRM Research Roundup: Mid-January 2020 Edition

Modern Restaurant Management

The best performing segments during Q4 (and those that achieved positive same-store sales growth) were family dining, fine dining and upscale casual. Upscale casual also achieved positive sales growth during Q4 but experienced a small dip in sales for the entire year compared with 2018. For more information, click here.

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How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template

SpotOn

That could simply be food sales , alcohol , and non-alcoholic beverages. If you're a fast-casual place and only offer a couple of alcoholic beverages, then "alcohol" should be enough. Cost of Goods Sold (COGS) Your Cost of Goods Sold is the cost of your food and beverages. That may be too high.