Even as macroeconomic indicators point to recovery, experts say restaurant operators shouldn’t expect their customers to start spending freely—or ordering expensive menu items—anytime soon.It will take more than economic growth to restore the wealth and sense of well-being that have been lost during the recession, they note, adding that until consumers feel somewhat flush they will continue to be frugal in their dining-out habits.“The past couple of decades saw a big expansion of wealth, and ...
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Contact: Desiree Torres Desiree.Torres@penton.com