Quick-service chains to feel the pinch the most, NPD analyst says
With gas prices on the rise, many restaurant operators are bracing for a replay of 2008, when sustained high fuel prices cut into consumers’ discretionary spending. The national average price for gas rose to $3.471 a gallon Friday, according to AAA, and a gallon of gas hit $4 in Chicago and California this week. Uncertainty over the world’s oil supply, made worse by ongoing conflict in Libya and the Middle East, probably will drive prices higher in the near term, said David ...
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 NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com