It just isn’t getting any better out there. Late last month such industry bellwethers as Darden Restaurants, McCormick & Schmick’s Seafood Restaurants, Ruby Tuesday and Ruth’s Chris Steak House blamed slower guest traffic and declining sales for forcing them to reduce their financial forecasts for the just-ending 2007 and portions of the current new year. All of the companies cited the weak macroeconomic and consumer environments as well as continued cost pressures ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

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!

Already registered? here.