May, 2024

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Boosting Profits One Sip at a Time: The Power of Specialty Beverages

Modern Restaurant Management

What do today’s restaurant operators need to manage the challenging sales environment? A break. Specifically, a coffee break. More specifically, a specialty beverage break. That is, according to Revenue Management Solutions (RMS) recent survey, Tapping into Specialty Beverages to Maximize Restaurant Sales , which suggests that the coffee (or boba or smoothie or soda) break is a growing trend— and one that could significantly boost your restaurant’s revenue.

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How restaurant operators can keep up with changing dining habits

Restobiz

By Mo Chaar In today’s economy, Canadians are cutting back on extraneous spending wherever they can to cope with a higher cost of living, and less than 30% of Canadians are satisfied with their recent restaurant experiences. A new consumer survey of Canadians’ dining attitudes and motivations revealed that a whopping 82 per cent of […] The post How restaurant operators can keep up with changing dining habits appeared first on Restobiz.

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South Korea’s Regulation-Free Zone for Cultivated Meat, Foxtrot’s Saga Continued + More

Food + Tech Connect

Image Credit: Green Queen Every week we track the business, tech and investment trends in CPG, retail, restaurants, agriculture, cooking and health, so you don’t have to. Here are some of this week’s top headlines. Foxtrot Market, once a promising venture, has abruptly ceased operations, filing for Chapter 7 Bankruptcy. The merger with Dom’s, intended to bolster its financial standing, instead proved detrimental.

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Bar Closing Checklist: 10 Important Procedures

Sculpture Hospitality

The last call has been rung, the final drinks have been poured, and your bar is filled with the murmur of departing patrons. But hold on there, partner! Closing time doesn't mean you down shutters and head straight out the door (although, tempting, right?).

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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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FDA Reorganization Officially Approved, Will be Implemented by October 1

Food Safety Magazine

The U.S. Food and Drug Administration’s (FDA’s) proposed reorganization for a new, unified Human Foods Program (HFP) has been approved by the U.S. Department of Health and Human Services, and full implementation of the reorganization is set for October 1, 2024.

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Preserving the Purity of Ice: Strategies for Combating Mold Contamination

Modern Restaurant Management

Ice plays an indispensable role in the restaurant industry. Not merely a frozen necessity, quality ice is the hallmark of an establishment's commitment to excellence, hygiene, and customer satisfaction. However, the omnipresent challenge that frequently undermines this commitment is the insidious infiltration of mold in ice machines. Understanding the mechanisms of mold incursion and implementing preventative measures is not just advisable—it is imperative.

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QSRs focusing on personalization to drive loyalty

Restobiz

QSRs are finding themselves with more competition than ever before, as many grocery and convenience stores have started offering hot and cold meal options. As they work to come out on top, they’re focusing on what they can deliver for higher value, increased loyalty, and better service, and personalization may be the answer. Last year, […] The post QSRs focusing on personalization to drive loyalty appeared first on Restobiz.

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6 must-haves for your restaurant's loyalty program

Fast Casual

Noodles and Co, Mooyah, Clutch Coffee and Hyve execs discuss why successful loyalty platforms feature 1. Ease of use. 2. Engaging offers and new products. 3. Heavy adoption by customer base driven by employees actively promoting 4. Personalization. 5. Data analytics. 6. Seamless integration.

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What is the Average Restaurant Profit Per Month?

Sculpture Hospitality

Running a restaurant is both an art and a science. While creating delicious menu items and delighting customers might be your true driving factor for owning your business, understanding its financial health is equally as important.

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WTO Publishes Guide to Combating Food Fraud, Illicit Trade of Food

Food Safety Magazine

A recent publication from the World Trade Organization (WTO)—written in collaboration with other expert groups that have expertise in food safety and food crime—explores the challenges of combating food fraud and illegal practices in food trade, and how the WTO rulebook can help address these challenges.

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How the nutrition team at Urbandale Community School District is bringing diverse dishes to the menu

FoodService Director

The nutrition team is working to make sure that the entire student body, which represents 20 different countries, is able to experience a taste of home when they sit down for lunch.

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Keeping Up with Diners’ Expectations Amid Rising Prices

Modern Restaurant Management

Tastes and preferences constantly change as trends come and go, keeping the restaurant industry on its toes. But two non-negotiables have remained strong for diners: convenience and loyalty. With digital and frictionless experiences at the forefront, diners are seeking their favorite restaurants in new, more affordable ways. The NCR Voyix 2024 Digital Commerce Index revealed nearly half (48 percent) of consumers dine out less than they used to because inflation is top of the menu.

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The Growing Role of Digital Identity in Today’s Hotel Tech Stack

Hospitality Net

In a recent conversation between EHL professor Ian Millar and Pedro Torres, founder of Youverse, they explored the multifaceted concept of digital identity within the hospitality industry. Torres provided a comprehensive explanation of digital identity, emphasizing its role in securely verifying individuals online. He highlighted the potential applications in hospitality, such as personalizing guest experiences, expediting check-in processes, and enhancing security measures.

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USDA, FDA and HHS Announce Funding to Fight Avian Flu in Dairy Products

Food Safety Tech

U.S. regulatory agencies are working together to control and mitigate the risks of H5N1 in the dairy industry. The USDA announced assistance for producers with H5N1-affected premises to improve on-site biosecurity in order to reduce the spread. In addition, USDA is taking steps to make available financial tools for lost milk production in herds affected by H5N1.

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15 Ways Restaurant Inventory Management Software Saves You Time

Sculpture Hospitality

Even if you’re a total rockstar restaurateur, whipping up culinary masterpieces and keeping your customers happy - there’s probably one thing you wish you had more of… time.

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CDC: Irradiation Could Have Helped Prevent 155 Foodborne Illness Outbreaks in the Last Decade

Food Safety Magazine

To investigate the potential impact of more widespread adoption of food irradiation, the U.S. Centers for Disease Control and Prevention (CDC) analyzed a decade (2009–2020) of national foodborne illness outbreak data for four significant foodborne pathogens, and found 155 outbreaks linked to irradiation-eligible foods that had not been irradiated.

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The best things we ate at this year's National Restaurant Show

FoodService Director

The annual exhibition of all things foodservice is traditionally a great place to find the latest in menu trends and this one did not disappoint. Here’s what Restaurant Business editors liked the most.

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Transforming Restaurant Operations: Uniting Teams and Closing Communication Gaps

Modern Restaurant Management

Restaurants are complex businesses with many moving parts. Yet all of these parts must work together in harmony for the customer to leave the restaurant feeling satisfied, with their only hunger being to return for another visit. Unfortunately, the restaurant industry is notoriously known for being cliquish, and these cliques may not be as innocent and harmless as they may seem.

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The latest US hospitality survey unveils future travel trends

Hospitality Net

Is the “hush workcation” the new vacation trend? Nearly a third of Americans admitted they’ve worked remotely on vacation without telling their bosses.

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Managing Food Safety Testing and Sanitation Data Should Be Easier

Food Safety Tech

On three recent occasions, I have talked with food safety leadership at mid- to large-sized processors about their food safety testing and sanitation programs. While these organizations each face some unique challenges, there was a common theme that was clear among them all: The creation of meaningful and timely reporting that is communicated effectively is typically just too cumbersome and manual today.

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Cook’s Direct Earns Top SEFA Honors

Foodservice Equipment Reports

SEFA honored dealers, suppliers and other industry professionals at its 38th Annual Partnership Conference, held April 28-May 2 in Colorado Springs, Colo. Cook’s Direct earned SEFA’s Member of the Year award. The company has a forward-thinking approach and dedication to meeting today’s needs while driving growth for SEFA Supplier Partners, SEFA says.

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EPA Bans Commercial Uses of Methylene Chloride, but Chemical is Still Approved for Use in Food

Food Safety Magazine

The U.S. Environmental Protection Agency (EPA) recently finalized a rule to ban commercial uses of methylene chloride, a solvent used in a variety of applications, but uses of the chemicals for food production are still approved by the U.S. Food and Drug Administration (FDA).

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3 ways restaurateurs can combat inflation

Fast Casual

Erik Hermann of CapitalSpring, a private equity firm that has invested over $2.7 billion in 70 restaurant concepts, discusses how restaurant operators can please consumers while still driving profit.

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Where Is Surge Pricing Headed?

Modern Restaurant Management

"Restaurants thinking about implementing surge pricing need to balance the revenue upside with the potential brand backlash," says Savneet Singh, CEO of PAR Technology. "While third-party delivery companies were expected to commoditize food like airline tickets, the opposite happened: people became more attached to their favorite brands.

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IHG Partners with peer-to-peer fashion rental marketplace Pickle

Hospitality Net

As summer festival season heats up, IHG Hotels & Resorts is launching "The Festival Closet by IHG x Pickle*" a collaboration with Pickle, the premier peer-to-peer fashion rental marketplace. The new partnership allows guests to rent the most in-demand festival fashion for free, tapping into the trend of travelers choosing to experiment with bolder and more adventurous styles while on the go.

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FDA Publishes Final Rule on Agricultural Water To Enhance Produce Safety

Food Safety Tech

On May 2, the FDA published a final rule on agricultural water developed to enhance the safety of produce. The revised requirements are intended to enhance public health by improving the safety of water used in produce cultivation. The revisions are also designed to be practical across various agricultural water systems, uses, and practices, while remaining adaptable to future advancements in agricultural water quality science.

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Chef Nazim Khan takes food-as-medicine from great idea to great healthcare dining

FoodService Director

At Bryan Medical Center, Khan is leading a team that puts the “care” in healthcare dining, and the flavor, too. By educating the community, he’s making big strides, one healthy recipe at a time.

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Ep. 170. Dr. Barbara Kowalcyk: An Integrated Approach to Food Safety, Nutrition, and Food Security

Food Safety Magazine

In this episode of Food Safety Matters , we are joined by Dr. Barbara Kowalcyk, an accomplished food safety researcher, educator, and advocate. She discusses her work to advance equitable food systems that promote public health and prevent foodborne illness, present-day food safety challenges and technological advancements, and the proposed reorganization of FDA's Human Foods Program.

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IHOP, Potbelly, vPromos execs talk loyalty programs at Restaurant Franchising & Innovation Summit

Fast Casual

Restaurant leaders from IHOP, Potbelly, The European Pizza Company and vPromos spoke about what makes their loyalty programs tick at the Restaurant Franchising and Innovation Summit.

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How to Save on Credit Card Processing Fees

Modern Restaurant Management

The past few years have been difficult for restaurants across the country as they have found themselves struggling to adjust to a new normal. Among the many pressures are rapidly rising credit card processing fees. Despite a recent settlement where the two largest card brands agreed to a modest cap of interchange fees for five years, processing fees show no signs of decreasing.