BNG Point of Sale

SEPTEMBER 24, 2020

Today’s point-of-sale (POS) systems have changed dramatically and are a far cry from what was available just ten years ago, leaving many businesses to ask how do the newest versions of point-of-sale systems work? A point-of-sale system is an electronic method of processing payments and housing sales data.

Point of Sale 75

Point of Sale Mobile Ordering Cash Management POS 75

7 Shifts

FEBRUARY 7, 2024

The first technologies that restaurants often invest in are cloud-based point of sale (POS) systems and payroll processing. Scheduling software like 7shifts can also pull data from your POS system to track labor against sales and get a more accurate picture of your labor cost— saving your restaurant money and time.

Technology 312

Technology Mobile Ordering Social Media Online Ordering 312

Culinary Cues

DECEMBER 17, 2020

There are short-term band aid solutions such as takeout, delivery, or even conversion into retail markets where wine inventories and local necessities take over space once occupied by diners, but they are not a replacement for a steady turn of tables. None, however, are as devastatingly out of the operators control as this pandemic.

Uniforms 471

Uniforms Cash Management Brewery Consumer Goods 471

7 Shifts

AUGUST 7, 2024

But there's more to it than adding up your inventory bill and comparing it to your sales. And while it can vary by restaurant, your prime costs should hover somewhere around 60 to 65 percent of the total volume of sales. Of all the costs your restaurants generate, your food is one of the largest. Table of Contents What is it?

Food 370

Food Seasonal Menu Inventory Pricing 370

Modern Restaurant Management

DECEMBER 30, 2020

This edition of MRM Research Roundup features top trends for 2020, how 2020 changed food and the year's top wines. Top Restaurant Trends. BentoBox released its comprehensive 2020 Restaurant Trend Report. spent per order, on average, across restaurant websites.

2020 211

2020 Merchandise Retail Point of Sale 211

Modern Restaurant Management

AUGUST 5, 2021

It’s not enough just to recover, retail and specifically restaurants and the food industry are compelled to pivot, adapt and create a model that will endure. The restaurant industry took the brunt of the pandemic’s economic and societal impact and is now being asked to respond to the permanently changed consumer landscape.

Food Truck 216

Food Truck Retail Mobile Ordering Food Safety 216

Modern Restaurant Management

MARCH 28, 2024

Food manufacturers and retailers are embracing a whole new world of opportunities for consumer engagement that are enabled by this newer technology. Food manufacturers and retailers are embracing a whole new world of opportunities for consumer engagement that are enabled by this newer technology. What’s My Role?

Information 221

Information Allergens Food Supply Food 221

Culinary Cues

SEPTEMBER 30, 2024

Typically, we like to point the finger at someone or some group for our kitchen table woes, but no matter the promises and the good intentions, those third parties rarely improve the situation to our liking. Strict economics would require most people to think hard about spending that kind of money.

Pricing 335

Pricing Marketing Insurance Seasonal Menu 335

Perfect Daily Grind

JULY 11, 2019

But are you taking advantage of every opportunity to increase your sales and customer loyalty? . Most retail sections in cafés are underutilised, impractical, or downright non-existent. However, if you don’t have an engaging retail selection, you’re losing out on potential profits. Why Sell Retail Products?

Retail 98

Retail Point of Sale Café Equipment 98

Culinary Cues

DECEMBER 30, 2019

In all cases they begin with the same goals: prepare and serve great products that are consistent and offered with a smile, build success on a steady flow of sales and controlled profitability, and do all of this with pride. I have the privilege of working with many different restaurants and food businesses. So why does it sometimes go wrong?

Cash Management 269

Cash Management Point of Sale Leadership Website Management 269

Modern Restaurant Management

SEPTEMBER 11, 2020

To get started, here are a few ways to integrate your programs seamlessly and maximize efforts around multiple-brand awareness and sales. If customers are able to tie their gift card purchase to their loyalty account where they earn points per every dollar spent, there is even more incentive to spend over the gift card value.

Loyalty Program 204

Loyalty Program Point of Sale Franchising Franchise 204

Modern Restaurant Management

JUNE 10, 2021

The choices restaurants make today on how to invest in marketing and leverage various food sales channels will have profound impacts for years to come. An emerging metric of success in the restaurant analyst community will be surrounding “percent direct digital” sales.

Airlines 198

Airlines Consumer Goods Point of Sale Hotels 198

Modern Restaurant Management

MAY 5, 2021

CGA’s latest sales data reveal significant increases compared to performance in 2020, during one of the worst periods of decline when full lockdown restrictions were in place. The average $ sales velocity for units across America were down -6 percent compared to the week before (April 17 v April 10). The Value of Trust.

2021 196

2021 Coupons Loyalty Program Fast Casual 196

Perfect Daily Grind

SEPTEMBER 22, 2022

Over the past year or so, coffee prices have been steadily increasing. The first sign that prices would increase was a sudden frost which hit some of Brazil’s major coffee-producing regions in late July 2021. Since then, prices have consistently remained above the US $2 mark.

Pricing 184

Pricing Retail Supplies Point of Sale 184

Modern Restaurant Management

JUNE 3, 2024

In the quaint-but-archaic world of secondhand retail, this was a huge leap! Now I have a way to easily track my purchases, and the store has a way to easily reach me for upcoming sales to get more of my business. During my time in the ecommerce field, many online retailers faced similar challenges regarding customer retention.

Loyalty Program 204

Loyalty Program Coupons Customer Experience Seasonal Menu 204

Modern Restaurant Management

MAY 8, 2024

Operators must weigh guest acceptance while making strategic decisions about integrating automation at many restaurant touch points, according to Software Advice’s 2024 Automated Customer Experience Survey. Fewer still think it's okay for businesses to fully automate store security.

Mobile Ordering 194

Mobile Ordering Front of House Customer Service FOH 194

Modern Restaurant Management

FEBRUARY 15, 2021

This an excerpt from Bruce Nelson's Restaurant Management: the Myth, the Magic, the Math. Part Three – The Math. “The laws of nature are but the mathematical thoughts of God.” ” —Euclid of Alexandria. Oh yes, the math. This is usually the part that throws most restaurateurs for a loop. There is no math in ministry!”

Management 179

Management Management Point of Sale Seasonal Menu 179

Modern Restaurant Management

MARCH 3, 2023

In a State of the Restaurant industry report, the Natiional Restaurant Association sees a return to normal with predicted sales growth in 2023. Other top research lists how impactful the Super Bowl was for restaurants, the state of gift cards and top pizza cities. million by the end of 2023.

2023 204

2023 2022 Consumer Goods Point of Sale 204

Modern Restaurant Management

AUGUST 19, 2020

For BevAlc buyers, price point as a function of quality, although always important, will become crucial over the coming months and years. Finding the right balance of what local guests want, at the maximum price point and minimal cost could be the difference between surviving and closing the doors. The first important factor is margin.

Cash Management 229

Cash Management Point of Sale Consumer Goods Small Business 229

Modern Restaurant Management

APRIL 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the dismal March restaurant sales, security, loyalty, trends and teen consumer behaviors. March Sales Decline. Same-store sales for restaurants dropped by 28.3 Same-store sales for restaurants dropped by 28.3 percent in March.

2020 196

2020 Point of Sale Fast Casual Online Ordering 196

Modern Restaurant Management

JANUARY 18, 2021

Over the past year, many restaurants have reduced the stress of the system by having consumers order online, by phone or mobile app, while additionally offering curbside delivery at the nearest point of retail. Customers want entirely personalized shopping experiences from retail to dining. Rethink Rewards. Facilitate Frequency.

Loyalty Program 204

Loyalty Program Mobile Ordering Customer Experience Online Ordering 204

7 Shifts

JANUARY 10, 2024

Not long ago, this software ran only on bulky PCs in back offices or slow, awkward point-of-sale (POS) stations tucked along the edges of the dining room. RMSes vary widely in terms of features and functions, but most include point of sale (POS), inventory management, staff management, payroll, employee scheduling, and more.

Management 195

Management Management Point of Sale POS 195

7 Shifts

JANUARY 10, 2024

Not long ago, this software ran only on bulky PCs in back offices or slow, awkward point-of-sale (POS) stations tucked along the edges of the dining room. RMSes vary widely in terms of features and functions, but most include point of sale (POS), inventory management, staff management, payroll, employee scheduling, and more.

Management 195

Management Management Point of Sale POS 195

Modern Restaurant Management

FEBRUARY 27, 2020

Key findings regarding economic conditions include: Restaurant industry sales are projected to reach a record $899 billion in 2020, with the moderate four percent growth rate mirroring general economic conditions. 2020 State of the Restaurant Industry. Opportunity lies in off-premises. Off-premises will be a prominent force of growth in 2020.

2020 192

2020 Influencer Point of Sale Food Safety 192

Hot Schedules

DECEMBER 7, 2021

Rethinking Pay Norms: How Retailers Can Attract Exceptional Talent. Many industries have been able to increase hourly wages by passing on extra costs to consumers, but retail has historically been an exception. Turnover across the retail industry is at 4.4 So, what’s driving workers away from the retail industry?

Retail 78

Retail Employee Relations Hotels Customer Experience 78

Modern Restaurant Management

JANUARY 15, 2021

This edition of MRM Research Roundup features restaurant industry year-end totals, how restaurant labor is evolving, fast-food brand intimacy and top cities for locavores. An Unpopular Year. In April, the segment’s customer transactions declined by -70 percent compared to year ago, and improved its declines to -30 percent in December.

2021 169

2021 Fast Casual Fine Dining Point of Sale 169

Sling

NOVEMBER 3, 2022

One of the keys to running a successful business is choosing the right retail price strategy. In this article, we discuss some of the steps that go into setting the best retail price strategy for your business and give you strategies to help you decide. Retail pricing defined. Tips for creating the right retail price strategy.

Retail 78

Retail Pricing Point of Sale Customer Service 78

Modern Restaurant Management

APRIL 2, 2020

With the simplification of removing cash, restaurant owners are able to prioritize fast transactions at the point-of-sale, which can be especially important for QSR and fast-casual concepts. Sweetgreen reported the ability to process as many as 15 percent more sales an hour thanks to its cashless payment system. million U.S.

Cash Management 169

Cash Management Mobile Ordering Fast Casual Point of Sale 169

Modern Restaurant Management

MARCH 10, 2020

One retail segment that has seen chargebacks skyrocket as a result of friendly fraud is the full-service restaurant industry. It’s been nearly five years since the coalition comprised of Europay, MasterCard and VISA (EMVCo) shifted the liability for payment fraud from the banks to the merchant. percent of their total annual revenue.

POS 211

POS 2025 Point of Sale Customer Service 211

Modern Restaurant Management

APRIL 27, 2020

Included in the document are highlights of the recently released Food and Drug Administration (FDA) Best Practices for Retail Food Stores, Restaurants, and Food Pick-Up/Delivery Services During the COVID-19 Pandemic. Each section includes a list of actionable items an operation should consider as it evaluates its safety procedures.

Food Safety 231

Food Safety Document Guest Recovery Download 231

Modern Restaurant Management

FEBRUARY 25, 2021

But a recent market analysis points toward a comeback in physical real estate. First, a pivot to e-commerce sales helped to facilitate online orders, deliveries, and curbside pick-up. But restaurants are an important part of a landlord’s retail ecosystem, and their interests are often aligned.

Guest Recovery 179

Guest Recovery Online Ordering Point of Sale Retail 179

Modern Restaurant Management

MAY 31, 2022

For example, basic point of sale (POS) systems or integrated restaurant management systems are useful digital tools that enable data reporting. While it's common for retailers to leverage an enterprise resource planning (ERP) system, it could also benefit restaurants. Everything nowadays is trackable.

Point of Sale 197

Point of Sale POS Download Customer Experience 197

Modern Restaurant Management

DECEMBER 2, 2019

Global e-gift card sales are expected to reach $300 billion in 2019 , with most of those sales occurring during the fourth quarter, and customers who opt to purchase gift cards will spend an average of $44.83 per card, according to the National Retail Federation (NRF). They were derided as lazy and impersonal.

Point of Sale 136

Point of Sale Email Marketing Loyalty Program Mobile Ordering 136

Future Food

JUNE 16, 2021

We used to get cash sales only, now the expectation is predominantly EFTPOS based physical transactions that are bolstered by a range of sales opportunities, including order/click & collect, vending, mobile concessions, elevated dining and beverage choices, a range of environments plus pre & post-game entertainment.

Sports 148

Sports Entertainment Hospitality Point of Sale 148

Modern Restaurant Management

AUGUST 31, 2022

One of the most rewarding benefits of a gift card program for restaurants is the ability to boost overall sales. Managing a gift card program comes with many nuances, and without the proper resources in place, it can seem like a large undertaking for a restaurant of any size or at any point of its lifecycle. As a result, 80% of U.S.

Restaurant Law 209

Restaurant Law Fine Dining Point of Sale Customer Service 209

Modern Restaurant Management

MARCH 10, 2020

” The cashless multi-vendor open-air gastronomic market has two locations in Prague, and a total of 34 independently operated restaurants, bars and retailers. That being said, we have been starting to plan responsibly for impacts in Europe, where we see food retail starting to be affected, “ he continued.

Kitchen Safety 207

Kitchen Safety Food Safety Cash Management Food Supply 207

A Wine Story

SEPTEMBER 8, 2020

This post covers the most salient points of the panel discussion titled: “Experience and Ease in E-Commerce.” You will also find the most important highlights of the retail keynote presentation, “The Rise of Off-Premise.” You will also find the most important highlights of the retail keynote presentation, “The Rise of Off-Premise.”

Webinar 157

Webinar Consumer Goods Online Ordering Social Media 157