Insights, Alerts

& Trends

Restaurant Industry News

Insights, Alerts & Trends | RESTAURANTS IATS  |  RESTAURANTS IATS  NOVEMBER 24

Restaurant Industry News

End to the Employee Retention Tax Credit, using technology to mitigate waste and more

POLITICAL:

Passage of the Biden administration’s $1 trillion infrastructure bill means an end to the Employee Retention Tax Credit. It will be backdated to September 30, 2021. The NRA has asked Congress to reconsider and find a way to reinstate it until the end of 2021.

SOCIAL:

Workforce shortages have become a nagging problem in the restaurant industry. Utilizing today’s tech tools and data empowers general managers to improve employee retention by adjusting employee acquisition and engagement on the job.

ENVIRONMENTAL:

Quick-service restaurants can mitigate financial loss and adapt sustainable practices by using technology to manage waste more efficiently. Compology is a waste-metering system that leverages AI to gather data on restaurant waste to promote savings and sustainability.

PROFESSIONAL DEVELOPMENT:

How to avoid these all-too-common mistakes in your email communications.

ECONOMIC:

Though it remains outside the mainstream, bubble tea could be the next beverage trend with power to challenge coffee brands like Starbucks. Global bubble-tea chain Gong Cha is eyeing potentially massive franchise growth in the U.S.

TECHNOLOGY:

Seattle giants Amazon and Starbucks collaborated to open a new, cashier-less coffee shop in New York City. The concept utilizes many different technologies and may alleviate worker shortage issues as well as streamline the guest experience.

LEGAL:

DoorDash will pay $5.3 million to settle a lawsuit claiming that the company misclassified their delivery drivers as independent contractors to withhold sick leave and that they used tips as drivers’ base pay. The vast majority of the settlement will go directly to 4,500 couriers.