Restaurants’ prospects for capitalizing on Valentine’s Day, one of the biggest annual dining-out occasions in the United States, are expected to increase modestly this year, according to two consumer surveys. Los Angeles-based market research firm IBISWorld anticipates a 3.7-percent increase in Valentine’s Day spending this year, and predicted that restaurants would benefit from a long weekend of Feb. 14 falling on a Friday and President’s Day occurring the following ...
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