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MRM Research Roundup: Mid-August 2021 Edition

Modern Restaurant Management

Restaurant visits, dining in or off-premises, increased by +22 percent in the quarter compared to the same quarter last year and were down -7 percent compared to the second quarter of 2019, according to NPD’s daily tracking of the U.S. ” Rising Labor Costs. million in April 2020, per the Bureau of Labor Statistics.

Marketing 180
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Restaurant Analytics: The Metrics You Should Know and Care About

Synergy Suite

This includes sales data, customer behavior, inventory levels, labor costs, and more. By analyzing data on sales trends, peak dining hours, and popular menu items, managers can optimize staffing levels, reduce wait times, and ensure adequate inventory levels. Why is it Important to Collect and Analyze Restaurant Data?

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Gross Profit Margin: A Guide for Restaurants

Synergy Suite

While tracking total revenue and sales is vital, it’s crucial to dig deeper and delve into your restaurant’s profit margins. In the restaurant context, this encompasses the expenses associated with ingredients and other direct production costs, excluding operating costs like labor, rent, and utilities.