Fri.Mar 15, 2024

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Choosing the Best Payment Processor For a Restaurant

Modern Restaurant Management

The most popular way to pay at restaurants is through card transactions, whether it's credit or debit. According to a PYMNTS study , 68 percent of consumers use their credit cards to purchase food at a restaurant, equating to $29.8 billion in sales in February 2022. While credit cards seem easy and simple for consumers, the payment method impacts a restaurant's bottom line more than guests realize.

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Can AI Boost Your Restaurant’s Bottom Line?

Wasserstrom

The foodservice industry is constantly seeking new ways to improve efficiency and enhance the customer experience to, ultimately, increase profitability. Now, artificial intelligence (AI) has emerged as a powerful tool for restaurants, offering a range of solutions that address these needs. In this article, we present an overview of the ways operators are using AI. […] The post Can AI Boost Your Restaurant’s Bottom Line?

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WalletHub Survey: Tipping Is Out of Control

Modern Restaurant Management

Tipping has gotten out of control, according to nearly three in four Americans who took part in WalletHub's Tipping Survey. Approximately 78 percent think automatic service charges should be banned. "More and more types of establishments are starting to ask for tips, and suggested tip amounts are growing higher, so it’s understandable that people are frustrated, especially when this issue comes alongside inflation,” said Cassandra Happe, WalletHub Analyst. “Tipping is s

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Is Making Your Own Chinese Sausage Worth It?

EATER

Lily Fossett DIY charcuterie can be yours, provided you don’t let humidity get in the way As someone who had previously only flirted with the idea of making sausages, I surprised myself when I came home at the start of February with a three-pound slab of pork belly and a $20 sausage stuffer. Perhaps it was a particularly celebratory Lunar New Year that enticed me to make my own fragrant and fatty slices of lap cheong to wok-toss into my favorite rice dishes.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Workforce Forecasting: A Helpful Guide for Managers

Sling

Your business is anything but static, and managing employees when your company is changing and growing can be tricky. The best way to ensure you have the right people scheduled at any given time is with a workforce forecasting plan. In this article, we’ll tell you what workforce forecasting is and how it benefits your company. Then we’ll walk you through how to implement your own workforce forecasting plan.

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Inside the turnaround at Corner Bakery

Restaurant Business

The fast-casual brand was in freefall before it filed for bankruptcy last year. But improved operations and marketing, and a lot of hard work, have helped the chain turn the corner.

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The billion dollar war behind U.S. rum

The Salt

When you buy a bottle of rum in the United States, by law nearly all the federal taxes on that rum must be sent to Puerto Rico and the U.S. Virgin Islands. It's an unusual system that Congress designed decades ago to help fund these two U.S. territories. In 2021 alone, these rum tax payments added up to more than $700 million. Puerto Rico and the Virgin Islands split the money according to how much rum each territory produces.

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At the Houston Rodeo, Black Cowboy Culture Never Left the Saddle

EATER

Photo illustration by Lille Allen; Bun B photographed by Bob Levey/Stringer via Getty; Beyoncé photographed by Mason Poole; barbecue images by Jason Fochtman/Houston Chronicle via Getty Images; Joel Villanueva/Getty; Gregory Smith/Getty; and razerbird/Getty [link]

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They left their jobs at Boston Market. Then the real problems started

Restaurant Business

Longtime former employees exited the company as stores closed or paychecks stopped showing. But they’ve since been hit with surprise medical bills, and they’ve found themselves unable to file taxes or collect unemployment benefits.

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Where’d You Go, Piquette?

EATER

Piquette, a natural wine category that was once the industry's cool fad, is now practically endangered. How did it rise and fall so quickly?

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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McDonald's hit with a system outage in some parts of the world

Restaurant Business

Restaurants in Japan, the U.K. and Australia were among those hit with an IT outage. The company says the issue is now being resolved.

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At your service: A restaurant maître d' tells all in 'Your Table Is Ready'

The Salt

Michael Cecchi-Azzolina has worked in several of New York City's hottest restaurants, where he encountered celebrities, captains of finance and one bonafide mobster. Originally broadcast Dec. 6, 2022.

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Winners and losers from the most recent round of earnings

Restaurant Business

The Bottom Line: Wingstop, Burger King franchisees and robots were the big winners. But maybe count out dynamic pricing for a while.

Pricing 101
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Have you ever wished your pineapple was smaller? It's now a reality

The Salt

Del Monte Foods debuted its Honeyglow pineapple earlier this week. It's about half the size of a traditional pineapple, and only weighs about 1.5 to 2 pounds.

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Food & Beverage Industry Report 2024

Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.

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February 2024 National Restaurant Sales Metrics

Margin Edge

MarginEdge | We took data from thousands of restaurants across the country and compiled a report to show sales trends for the month of February 2024.

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Meghan Markle Returns to Her Lifestyle Maven Throne

EATER

Photo by Gary Miller/Getty Images The Duchess of Sussex may soon start selling you marmalade and kitchen towels If you are living under a rock, you might not be aware that the British royal family is mired in chaos at the moment. In the midst of King Charles’s cancer diagnosis and the swirling conspiracy theories surrounding the “missing” Princess Kate, who’s scarcely been seen in public since Christmas 2023, self-exiled royal Meghan Markle, the Duchess of Sussex and wife of Prince Harry, is hop

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Customer Spotlight: Superior Shore Gaming – Navigating Challenges and Embracing Growth in the Gaming Industry

Squirrel Systems

Case Study: Superior Shores Gaming’s Return to Growth with Squirrel Cloud POS The global pandemic posed unprecedented challenges for businesses worldwide. Superior Shores Gaming Association, a charitable gaming center in Thunder Bay, Ontario, Canada, supporting over 80 charities, not only survived the storm but also quickly resumed pre-pandemic operations once restrictions were lifted.

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If You Can Afford to Eat in Space, You’re Too Rich

EATER

Six people will pay a whole lot of money to eat dinner in the vessel at the bottom of this space balloon. | Alchemist For just $500K, you too can sign up for a fine dining experience in space In 1970, Gil Scott-Heron released “ Whitey On The Moon ,” a spoken-word poem juxtaposing America’s space race with the realities of Black poverty. “ A rat done bit my sister Nell / With whitey on the moon,” he begins, escalating through descriptions of medical bills and rising rents and taxes, which seem to

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The HR Leader’s Survival Guide

HR leaders drowning in paperwork struggle to meet C-suite's strategic expectations. Burnout and high turnover plague the field, with 95% feeling overwhelmed. This guide explores how the right tools can free HR from admin tasks and empower them to become the strategic leaders they’re meant to be.