If restaurant operators were to sing about their troubles, perhaps they might start with a modified rendition of a classic Pete Seeger tune—“Where have all the young people gone?”According to new data from market research firm The NPD Group, young adults have been cutting back steadily on restaurant visits for several years now. A tough economy has been playing a role in the cutbacks, but other, potentially longer-lasting factors also are driving the shift, and operators need to be aware of ...
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Contact: Desiree Torres Desiree.Torres@penton.com