CHICAGO Technomic Inc. revised downward its 2009 foodservice sales projections last week because of further contraction in the U.S. economy, a continued slowdown in consumer spending and accelerated job losses. The Chicago-based foodservice consulting firm said it now expects total foodservice sales to drop 2.2 percent this year, and when factoring in inflation, to fall 4.7 percent. In September, when the firm released its original industry outlook, it had expected sales to rise 1.7 ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.