China outpaces major markets in foodservice spending while Europe trails, according to The NPD Group
Consumer spending at restaurants in the major global markets tracked by The NPD Group’s CREST service varied in the first quarter of 2012, reflecting the world economy’s mixed bag of recovery and retrenchment. RELATED • Restaurants brace for commodities impact • Restaurant traffic drops, but consumers resist trading down • More restaurant industry finance news China’s foodservice industry far outpaced all global competitors, as total spending in the ...
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