NEWARK N.J. The punishing macro-economic environment will provide the foodservice industry this year and next with two consecutive years of sales declines for the first time, according to the latest data from Technomic Inc.Foodservice sales this year will drop 3.8 percent on a nominal basis, which includes the assumption of 2.5 percent in menu-price inflation, as the industry was hard hit by slashed consumer spending during the “great recession.” The outlook for 2010 includes the ...
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Contact: Desiree Torres Desiree.Torres@penton.com