From 2006 to 2016, full service restaurant (FSR) sales kept pace with the overall restaurant industry, increasing by 56.58% to $291.4 billion compared with a 55.77% growth rate for total restaurant sales of $658.6 billion for the same time period. With the growth of so many dining alternatives, however, it is more difficult than ever
Off-premises ordering totaled $209 billion in 2019 according to some estimates, and the majority, 59.3%, still involved takeout for pickup. With the rise of third-party delivery platforms, more full service restaurants (FSRs) are relying on delivery to grow their sales. Looking at Figure 1 below, third-party delivery has a lot of room left to grow,
The acquisition of Restaurant Magic this month will increase PAR’s cloud restaurant offerings by providing more inventory management, food management, labor & scheduling, and reporting & analytics solutions to support back-of-house operations. Restaurant Magic’s Data Central Management Suite runs on Microsoft’s .Net global application framework, meaning you won’t experience compatibility issues when integrating it with