Hampered by still-slumping guest traffic, casual-dining restaurants sustained another decline in same-store sales in September, which we estimate was an average dip of 1.1 percent—the fifth-worst monthly slippage of 2007.The dismal results for the month provided yet another indication that economic pressures continue to suppress consumers’ discretionary appetites for sit-down eateries.By comparison, the casual sector’s same-store sales rose 0.8 percent in September 2006, last year’s ...
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Contact: Desiree Torres Desiree.Torres@penton.com