Like grains of simmering rice, the popularity of Asian food in the United States has expanded dramatically in recent years. Ironically, however, independent Asian restaurants have not been the beneficiaries, officials of The NPD Group say. Instead...
As the federal government prepares to roll out the Economic Stimulus Act of 2008, giving most American consumers hundreds of dollars each, the question on many operators’ minds is how much of that money will be spent at restaurants.Between May and...
While environmental concerns, the slowing economy and bad press all have taken a toll on bottled-water servings at restaurants, the well of opportunity for the high-profit product is not dry, according to the NPD Group.Given its portability...
Changing consumer behavior will make this economic slowdown like none the restaurant industry has seen before, according to a new report from The NPD Group.Even as restaurants feel the pinch of slowed spending by skittish consumers, other trends...
It may be among the worst of times for the foodservice industry, but it’s definitely the best of times for certain food and beverage products, most notably chicken sandwiches, breakfast sandwiches and specialty coffee.While foodservice traffic...