During the height of the recession, consumers flocked to fast food as a less-expensive dining-out option, but even that segment is starting to lose sales momentum as the slowdown drags into a prolonged recovery. For instance, McDonald’s U.S. same-store sales were up only 1.7 percent in August, following increases of 2.6 percent in July and 2.8 percent in May. Yum! Brands Inc.’s blended same-store sales were down 1 percent in its most recent second quarter and 2 percent ...
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Contact: Desiree Torres Desiree.Torres@penton.com