After four quarters of sales declines, spending turned positive, report finds
While restaurants have yet to fully recover from the lingering sales and traffic losses of the past few years, some signs indicate that the business downturn might be easing, according to The NPD Group. The Chicago-based market research firm found that foodservice outlets narrowed their declines in guest counts in the quarter ended in June 2010, compared with the year-earlier period. Traffic declined 1 percent in those three months, compared with a 3-percent decrease a year ago. And, ...
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Contact: Desiree Torres Desiree.Torres@penton.com