CHICAGO Hurt by rising unemployment rates and a drop in food prices at supermarkets, which can encourage consumers to eat at home, restaurant industry sales and traffic fell in every segment this summer, according to a new report from The NPD Group’s CREST service. With economic indicators not looking to rebound soon, NPD analysts say the deep decline in restaurant spending may continue through much of next year. “Unfortunately, the weakness foodservice is experiencing is not expected to be ...
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?