Operators are forecasting an upturn in the restaurant industry’s performance in 2011, driven by a return of consumer spending, additional unit growth and an increase in menu prices, according to a new Nation’s Restaurant News survey. Seventy percent of the executives who participated in the NRN a.m. 2011 Restaurant Operator Survey expect sales in 2011 to outpace those of 2010, while nearly 65 percent said they expect profits to improve for the same period. More than 130 ...
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