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 ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!