The U.S. restaurant industry is still overbuilt, according to an analyst report from Barclays Capital, but expected unit contraction in 2011 may bring restaurants closer to a sustainable supply-demand equation with consumers. Jeffrey Bernstein, a securities analyst with New York-based Barclays, is forecasting another year of contraction for the restaurant industry, projecting a decline in total unit count of between 0.5 percent and 1 percent. He added that many of the public restaurant ...
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?