Sat.Nov 23, 2024 - Fri.Nov 29, 2024

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Restaurant Market Research: Ultimate Guide to Market Analysis

7 Shifts

Imagine pouring your heart and soul into your restaurant, only to watch your tables remain empty night after night. One of the building blocks you must put in place before starting a restaurant is market research. Just like a well-crafted mission statement will help guide your business decisions, identifying and understanding your target customers and competitors through restaurant market research will give your business a competitive edge.

Marketing 370
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Dynamic Pricing in Fast Food: Profit-Driver or Diner Turnoff?

Modern Restaurant Management

Faced with rising labor costs and increasingly price-sensitive customers, restaurant brands are exploring new ways to balance profitability with consumer expectations. One of the most debated strategies is dynamic pricing, which adjusts based on demand and other variables. Although dynamic pricing is a staple in industries like travel and hospitality, its application in fast food is uncharted territory.

Pricing 178
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Trending Sources

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Monthly Second Helping: How the 2024 Presidential Election Impacted Restaurants

Black Box Intelligence

Monthly Second Helping: The Latest Hot Topic in the Industry How the 2024 Presidential Election Impacted Restaurants What’s the Monthly Second Helping? Every Month Black Box Intelligence releases the latest data in our Out of the Box. But we want to dive deeper into the latest hot topics, takes, and insights we are seeing industry-wide. That’s where our new series “Monthly Second Helping” comes in.

2024 52
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6 Factors that Shrink Profit Margins in Restaurants and How to Minimize Them

Crunchtime

The average restaurant profit margin is only around 6-9%. Even small mistakes can eat away at these thin margins, and put your business at risk. Restaurants are facing a critical challenge to maintain profitability in this highly competitive industry, and unexpected costs and inefficiencies can quickly erode profits. In this article, we’ll identify the top factors that shrink profit margins, while giving you strategies to minimize their impact and boost your bottom line.

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Enterprise ABM Marketing Tools: A Marketer's Guide

Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.

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What Is a Corkage Fee? A BYOB Guide for Restaurants & Guests

SpotOn

While some restaurants offer guests a wine menu to showcase their many drink options, others allow guests to bring their own bottle of wine (also known as BYOB). Corkage fees are typically found in casual dining and fine dining restaurants, encouraging guests to select a bottle from the restaurant, instead of bringing their own.  Corkage fees could be tricky for both guests and restaurants.

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A Matcha Shortage Hits TikTok’s Favorite Brands

EATER

Matcha is gaining popularity at cafes around the world. | Lisa Maree Williams/Getty Images #MatchaTok is in shambles On a trip to Japan in early November, Erica Lee, a TikTok creator , had one main goal: to get matcha powder. A novice matcha drinker, Lee travels to Japan often and always buys one or two tins. “They expire very fast,” she says. This time though, it was harder than usual to find the matcha she was looking for.

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Evolving Food Trends in Theme Parks

Sante

Theme park visitors now expect immersive food and beverage experiences that enhance their overall enjoyment, driven by Generation Alpha and Millennial preferences. This evolution sees food becoming integral to theme park storytelling, with significant revenue implications. Automation and unique concepts like themed drinks are rising trends in this competitive entertainment landscape.

Food 154
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Top 25 Best Restaurant Holiday Promotions to Boost Sales

The Eat Restaurant

Want to make your restaurant the talk of the town this holiday season? We’ve compiled the top 25 restaurant holiday promotions that will help you draw in customers and boost sales. Whether it’s introducing special menus or hosting themed events, these strategies are designed to make your restaurant a must-visit festive spot.

Events 88
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Gordon Ramsay's 7 Rules for Dominating Restaurant Marketing on Instagram

TastyIgniter

Discover Gordon Ramsay's proven Instagram marketing strategies for restaurants, from creating stunning visual content to mastering audience engagement. Learn how to build a powerful social media presence that drives customer growth and brand recognition.

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How to Increase Employee Productivity

7 Shifts

As a restaurant manager or operator, you are the driving force in productivity – leading your staff and keeping customers happy. However, productivity is more easily trained than managed. Many restaurant operators juggle multiple locations, and adding managers adds another link in the chain of command to manage. Staff productivity plays the largest role in restaurant revenue, which is why it’s so important to invest in your recruiting and hiring strategies, finding like-minded individuals to m

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HR’s Blueprint for a Successful 2025

The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.

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GIVING THANKS

Culinary Cues

Taking the time to be grateful is so refreshing. We live in an information overload society where fear of missing something leaves us attached to our phones and televisions seeking the latest catastrophe, political misstep, impending sense of doom, or vision of the apocalypse. It can be overwhelming, pointing us down a very dark path. Taking the time to step away from all of that, looking up to the light and reflecting on how fortunate we are is cleansing and very, very important.

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Best Practices for Capitalizing on Workplace Holiday Party Trends

Modern Restaurant Management

It's beginning to look like a festive holiday season at workplaces as office party attendance and budgets are rising, according to ezCater's first-ever Workplace Holiday Party Trends Report , which reveals emerging trends and insights from 1,600+ employees and decision-makers nationwide. Kaushik Subramanian, Chief Revenue Officer at ezCater, told Modern Restaurant Management (MRM) magazine that the report allows restaurants to predict seasonal trends and prepare their offerings as workpl

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Native American Museum Cafes Preserve Tradition, Embrace Innovation

EATER

The menu, which includes the ever-popular fry bread taco, tells a story of connection, innovation, and respect for legacy and Indigenous culinary traditions. | Courtesy of Marielba Alvarez / Smithsonian Institution Where to find manoomin rice cakes, “kick-ass buffalo chili,” fry bread tacos, and stunning Indigenous artwork As a We Wai Kai First Nation member , I know that food connects Indigenous people to our history, traditions, and stories.

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How Family-Run Bobe’s Pizza Grew their Five Locations with 7shifts

7 Shifts

Executive Summary Location: Southern Illinois and Indiana Restaurant Type: Family-run QSR serving pizza and sandwiches # of Locations: 5 # of Employees: Around 100 Problem: Difficulty tracking employee availability, delivering schedules, finding coverage for shifts, and overall communication Solution: An app where employees can see their schedules, swap shifts, and chat with the team A secret family recipe Dotted along the southern Illinois-Indiana border lie five pizzerias owned by three genera

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Ultimate Guide to Payroll Automation for Restaurants

Lavu

Managing payroll manually in restaurants is time-consuming and error-prone. Payroll automation solves these issues by streamlining tasks like tracking hours, distributing tips, and ensuring compliance with labor laws. Here’s why it matters and how to get started: Key Benefits : Automatically tracks hours, tips, and shifts. Reduces errors and ensures accurate, on-time payments.

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2025 Food and Hospitality Trends Reshaping the Australian landscape

Future Food

Suddenly we find that 2024 is almost behind us now but Future Food would like to share with you the trends and insight that we see across the food and hospitality sector. Despite the challenges posed by rising living costs and shifting consumer spending patterns, the food and hospitality sector continues to adapt to meet the needs and wants of consumers in Australia.

2025 78
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Niche Menus: Less Is More When it Comes to Luxury

Modern Restaurant Management

If you were to ask people who enjoy the finer things in life about the hallmarks of a luxury hotel, you would likely get responses that include quality, consistency, and service. These are indeed the table stakes when it comes to delivering premium experiences. But what if your menu was telling your guests something about luxury? In the January 23, 2024 New York Times article,“The Menu Trends That Define Dining Right Now,” the publication gathered 121 menus from restaurants all over

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Host/Hostess Interview Questions to Identify Hospitality Skills and Customer Focus

7 Shifts

As the first and last point of contact for guests, a hostess sets the tone for every diner’s experience. Whether it’s managing reservations, coordinating with servers, or handling situations with grace, a skilled hostess brings a mix of warmth, professionalism, and operational expertise to the table. With these hostess interview questions, you can find the right candidates with the perfect combination of technical and interpersonal skills to create a seamless dining experience.

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

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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Is LAVU Right for You? 3 Restaurant Success Stories

Lavu

Lavu helps restaurants improve efficiency, manage growth, and enhance customer service. It’s a cloud-based POS system tailored for restaurants, offering tools like inventory management, employee scheduling , and CRM. With features like dual pricing to cut credit card fees, real-time inventory tracking, and integrations with QuickBooks and Uber Eats, Lavu simplifies operations for businesses of all sizes.

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The restaurant industry's retrenchment is proving a boon for liquidators

Restaurant Business

A steep surge in closings is providing the resellers with an unprecedented inventory and a like-sized opportunity.

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The Best Sweet Potato Recipes, According to Eater Staff

EATER

Elena Veselova/Shutterstock Sweet potato creme brulee, sweet potato casserole, loaded sweet potatoes, and more The sweet potato is a humble root vegetable that doesn’t necessarily need a whole lot to be delicious. A drizzle of olive oil, some salt, and ample roasting time is enough to make a perfectly acceptable side dish this Thanksgiving. The sweet potato, however, can be so much more than a simple side dish.

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Social Media Do’s & Don’ts for Today’s Restaurateurs

Restaurant Engine

Choose the platforms that resonate with your target audience for the best success. According to one survey , 62% of respondents check a restaurant’s social media before deciding to dine there. In addition, 42% of respondents prefer social media to search engines when they are looking for new restaurants. What do these two statistics tell you as a restaurateur?

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4 AI Hacks to Make Sales Teams More Efficient

Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.

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How Real-Time Inventory Reduces Food Waste

Lavu

Real-time inventory systems help restaurants cut food waste , save money, and improve operations. Here’s how: Track Stock in Real-Time : Monitor inventory levels instantly to avoid overstocking or understocking. Reduce Spoilage : Get alerts for expiring items and use the FIFO method to manage perishable goods. Forecast Demand : Use sales data to predict future needs and order the right quantities.

Waste 78
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John Chidsey to retire as Subway CEO

Restaurant Business

The chief executive of the fast-food sandwich giant will retire at the end of the year. Carrie Walsh, who heads the company’s operations in Europe, the Middle East and Africa, will take over as interim CEO.

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How to Run the Restaurant Successfully (Expert Tips Included)

The Eat Restaurant

Discover essential tips for successfully running a restaurant. Learn practical strategies to enhance operations and boost customer satisfaction. Read more!

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Amplify Your Apple Pie with Red Miso This Thanksgiving

EATER

Rick Poon/Alfred A. Knopf Sonoko Sakai’s miso apple pie recipe celebrates kakushi aji, or the Japanese idea of including a secret ingredient that elevates an entire dish Apple pie is a Thanksgiving classic, but sometimes classics can stand to be revamped. Enter Sonoko Sakai’s miso apple pie recipe from her most recent cookbook, Wafu Cooking. Sakai’s apple pie is a tribute to the simple slab pie recipe her mother made when Sakai was growing up, but spruced up with the salty, earthy addition of mi

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

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How POS Inventory Tools Cut Costs in Restaurants

Lavu

Running a restaurant is tough, and poor inventory management can make it even harder. Wasted food, stock shortages, and manual tracking errors all lead to higher costs and lost profits. That’s where POS inventory tools step in to help. Key Ways POS Systems Save Restaurants Money: Real-Time Tracking : Automatically updates stock levels as orders are placed, reducing waste and preventing stockouts.

POS 78
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Diners tap their inner child as restaurants dive into dipping

Restaurant Business

The popularity of dips on menus and social media is pushing operators to take the trend in new directions. No forks required.

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What Is a Gastro Pub? The British Dining Export Explained

SpotOn

"Gastropub" has become a popular restaurant industry term, alongside "fast casual" and "small plates." The term gastropub combines "gastronomy" and "pub," promising high quality food and drinks and a down-to-earth, casual vibe. In contrast to traditional pubs, gastropubs are equal parts restaurant and drinking establishment.

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How to Share the Kitchen on Thanksgiving Without Making Your Family Hate You

EATER

BearFotosShutterstock Sharing a kitchen on Thanksgiving is hard. So we asked some experts how to make it easier. I love cooking for other people. Cooking with other people is a whole different thing entirely. Don’t get me wrong — I love that too, but everything happens at a different pace. I might have a perfect sense of how many vegetables I can chop in the time it takes diced onions to cook until they’re soft and golden, or which dishes I can cook simultaneously, but that calculus is knocked s

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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.