Modern Restaurant Management

DECEMBER 18, 2023

It’s the perfect time to look back on a few things we learned in 2023 – based on recent survey data from our restaurant partners – as well as what we predict for the industry in 2024. 2024’s Outlook: Positive The restaurant industry is cautiously optimistic as we head into the new year.

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Modern Restaurant Management

APRIL 9, 2024

A chief reason is due to caution or uncertainty exhibited by conscious consumers, with 48 percent saying they are taking the ‘wait and see’ approach and holding back on spending in 2024. So, what’s the solution?

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Modern Restaurant Management

DECEMBER 21, 2023

Ahead of 2024, we will share the all-too-common disasters that can strike restaurants from fires to civil unrest to water damage with pragmatic and proactive tips that can help curb the repercussions. Being in the restaurant industry is hard enough, but you can plan ahead for peace of mind in 2024. This article is not a template.

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Modern Restaurant Management

FEBRUARY 5, 2024

Pizza Ordering Predictions HungerRush released the results of a national dining survey on 2024 pizza ordering predictions for The Big Game (February 11) and National Pizza Day (February 9). Restaurateurs are not only investing in AI to address labor challenges – more established automation tools are also on the agenda in 2024.

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Modern Restaurant Management

DECEMBER 27, 2023

As the calendar turns towards 2024, the restaurant industry stands at a crossroads, with innovation and adaptation at the heart of its ongoing evolution. This vibrant sector, a cornerstone of the global economy that tantalizes taste buds and fuels job markets, is bracing for transformation that will redefine its future.

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Modern Restaurant Management

OCTOBER 29, 2024

Meta-commissioned online study of 6,508 online adults in BR, MX, ID, TH, VN, UK, DE, ES, FR, IN, US, H, MY), March 2024. Meta Study, June 2024. Meta Q2’24 Earnings, July 2024. Tap into the massive scale of our ecosystem if you’re ready to dine with the 3.2 Business Messaging Usage Research by Kantar.

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Modern Restaurant Management

DECEMBER 27, 2024

In 2024, restaurant traffic slowed while price sensitivity grew. As seen during the 2024 summer of value, customers quickly move on to other restaurant brands in search of the next deal. Continued trepidation. Recurring customers. Promotions and discounts attract customers, but they’re often short-lived.

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Modern Restaurant Management

FEBRUARY 24, 2025

Revenue growth in 2024 was largely driven by menu price adjustments. Although concerns about customer sensitivity influenced pricing decisions, only 9 percent of restaurants did not change prices in 2024, down 19 percent from 2023, indicating a stronger shift towards strategic price increases. Labor costs continue to rise.

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Modern Restaurant Management

OCTOBER 15, 2024

could be on the horizon , with nearly three in ten workers expected to quit their jobs by the end of 2024. This aligns with the findings from Resume Builder, which indicate that nearly 30% of full-time workers, particularly in the service industry, plan to quit their jobs by the end of 2024.

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Modern Restaurant Management

JANUARY 3, 2024

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. We will rely heavily on the travel industry in 2024 to continue bringing us customers from local cities like Philadelphia, DC, Baltimore, New York, NJ, etc.

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Modern Restaurant Management

JANUARY 30, 2024

So, what can the QSR industry expect in 2024? Quick-service restaurants (QSRs) rode the wave of unprecedented consumer behavior shifts and the successes and challenges it brought along. Looking back at last quarter’s performance suggests the glass is proverbially half full. The operative word, however, may be “half.”

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Modern Restaurant Management

APRIL 11, 2024

The year 2024 promises a journey of adaptation and fierce competition for the restaurant industry as it manages stronger-than-expected economic data and slowing inflation while dealing with the headwinds of short labor supply, more demanding customers and an uncertain political environment.

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Modern Restaurant Management

JANUARY 3, 2024

I want to highlight trends in restaurant promotion for 2024. At the beginning of the year, we like talking about trends. They seem like anchors for the new year. Trends create frameworks to understand where to start and what to focus on.

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Modern Restaurant Management

MARCH 18, 2024

Experiential dining, plant-based menus and sustainability were hot topics in the Les Dames d’Escoffier International (LDEI) 2023 Trends Report. The visionary panel that explored dining away from home included members with specific expertise and interest in restaurant dining and the hospitality industry.

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Modern Restaurant Management

JANUARY 29, 2025

This devastating disease has led to the culling of over 20 million egg-laying hens in the last quarter of 2024 alone. Unlike localized contamination incidents—such as the recall of 10,800 units of Kirkland Signature Organic Pasture Raised Eggs due to Salmonella concerns in late 2024—the impact of HPAI is far-reaching.

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Modern Restaurant Management

DECEMBER 26, 2024

Navigating Emerging Challenges in Profitability In 2024, U.S. trillion in 2024. By mid-2024, 82 percent of food and beverage operators were still actively recruiting, with chefs and cooks comprising 30 percent of open roles. By adopting forward-thinking approaches, restaurants can thrive amid this challenging landscape.

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Modern Restaurant Management

DECEMBER 19, 2024

According to Emarsys’s 2024 Global Customer Loyalty Index , usage of customer loyalty programs has increased by 28% in 2024, which is a 40% increase from 2023. This trend also supports the growth of customer loyalty programs which are predicted to continue increasing in popularity in 2025.

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Modern Restaurant Management

FEBRUARY 7, 2025

More than eight in ten restaurant operators expect 2025 sales to meet or exceed 2024 levels, but rising competition will require differentiation through experience, service, and innovation, according to The National Restaurant Association’s 2025 State of the Restaurant Industry report.

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Modern Restaurant Management

JUNE 28, 2024

The ACSI Restaurant and Food Delivery Study 2024 is based on 14,604 completed surveys. Customers were chosen at random and contacted via email between April 2023 and March 2024 for the restaurant industries and between November 2023 and March 2024 for food delivery. between January and May 2024. Dutch Bros.

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Modern Restaurant Management

DECEMBER 30, 2024

The innovations introduced in 2024 set the stage for progress, but 2025 is the time to move from experimentation to optimization. AI moves from nice-to-have to must-have Many QSRs experimented with AI-driven solutions in 2024, such as in-app chatbots and personalized order recommendations.

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Restobiz

MARCH 15, 2024

Looking to switch up your marketing strategy and offer something new to your audiences? […] The post Restaurant marketing in 2024 appeared first on Restobiz.

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Modern Restaurant Management

MARCH 20, 2024

Scaling and Attracting Investors To effectively scale a multi-unit restaurant business in 2024, courting investors is often necessary. From attracting investors to prioritizing repeatable unit economics, there has never been a more crucial time to be disciplined during the growth phase of building a restaurant.

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Modern Restaurant Management

JANUARY 18, 2024

As we look forward to 2024, we see emerging patterns that are set to redefine cocktail culture, sparking creativity, and tantalizing our taste buds in unexpected ways. Included in this exploration, you will find an exclusive recipe that embodies these 2024 cocktail trends.

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Food Management

DECEMBER 19, 2023

FM Top 50 cross-market foodservice management firm has released its 2024 culinary trends for education, healthcare and commercial cuisine sectors as well as environmental services.

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Modern Restaurant Management

JANUARY 2, 2025

The Future of the Restaurant Industry With restaurant sales projected to exceed $1 trillion in 2024, the competition is fierce. Keep your operations flexible and plan for challenges by managing costs wisely. Differentiating your restaurant through a creative cocktail program using a beer and wine license can set you apart.

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Food Management

DECEMBER 19, 2024

From new research findings to innovative sustainable dining initiatives, heres a look at 10 sustainability stories from 2024 that resonated with readers.

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Lavu

NOVEMBER 29, 2024

Accessibility in digital menus is no longer optional – it’s a legal requirement in 2024 under the ADA. Related video from YouTube 2024 Accessibility Standards for Digital Menus The 2024 updates focus on making digital menus more inclusive and easier to use. adults with disabilities. These standards align with WCAG 2.1

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Modern Restaurant Management

DECEMBER 27, 2023

restaurant industry will continue to shake off the aftereffects of the pandemic in 2024, but that doesn’t mean the challenges that remain are easily dispelled. It’s a continuing problem into 2024 for establishments that serve, making it critical to have adequate liquor liability insurance.

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Modern Restaurant Management

MARCH 28, 2025

2024 , restaurants can foster deeper connections and drive repeat visits. By actively investing in the community through events such as LOOK! Commit to Sustainability and Environmental Responsibility Sustainability practices not only secure long-term business success but also resonate deeply with Gen Z values.

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Modern Restaurant Management

DECEMBER 17, 2024

– Frenchie Audette, VP of Food Service at Divert In 2024, the restaurant industry continued to adjust to changes sparked by 2020. After a challenging 2024, it’s promising to see restaurant operators looking ahead to 2025 with optimism.

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Modern Restaurant Management

NOVEMBER 12, 2024

2024 disasters like Hurricanes Helene and Milton are strong examples of how catastrophic weather can be, leaving businesses devastated and communities with billions in damages. Sadly, these events are only becoming more frequent; in 2023 alone, the U.S.

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Modern Restaurant Management

JANUARY 9, 2024

Heading into 2024, these restaurants, caterers, and other foodservice providers are becoming increasingly aware of the importance that incorporating sustainable practices within their daily operations has on drawing in the growing masses of eco-conscious consumers.

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Modern Restaurant Management

OCTOBER 28, 2024

The Numbers Don’t Lie: Budgets are rising: A whopping 78 percent of operators expect their IT budgets to grow in 2024, with nearly 20 percent forecasting a more than 10 percent jump. And technology is the key to unlocking that potential.

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Modern Restaurant Management

JULY 16, 2024

RP: Amid heightened inflation, interest rates and food costs, buyers and sellers are looking for signs of stability when it comes to M&A in the second half of 2024. The best indicator of stability is often a target’s strong financial returns and a track record of consistent cash flow.

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Modern Restaurant Management

DECEMBER 28, 2023

2024 AI Predictions As we enter the year 2024, the restaurant industry is on the brink of changes driven by AI that go beyond what is ordinary. The AI-Infused Dining Experience of 2024 Restaurant goers will look for an enhanced dining experience. Here are five predictions that will shape how restaurants use AI.

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Food Management

NOVEMBER 15, 2024

FoodService Director’s 2024 State of Healthcare survey responses indicated that some operators see sustainability as one of the biggest trends in the healthcare dining industry right now.

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Modern Restaurant Management

APRIL 30, 2025

an increase of 5 points in 2024 compared to 2020. In 2024, 37 percent of consumers were looking for quick bites instead of larger meals, compared to 36 percent in 2023, and 29 percent in 2010. Protein bars and smoothies are categories that work well in this space and can be taken on the go.”

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