Restaurant chains’ same-store sales rose 3 percent industrywide in July, and traffic inched ever so slightly into positive territory, according to the latest NRN-MillerPulse report released Friday. Larry Miller, founder and chief executive of the monthly MillerPulse report, said the sales gains were most likely the result of McDonald’s shedding market share, but the healthier U.S. economy also helped. Weighted toward larger chains that participate in the MillerPulse survey, ...
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