Economic News

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Tourism-Related Restaurant Sales Fall Short This Summer

For most restaurant operators, their tourism-related sales this summer remained lower than pre-pandemic levels.

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Black Box’s Weekly Performance Pulse Says Restaurant Sales Had Strongest Results Since July

Black Box Financial Intelligence’s latest Restaurant Industry Performance Pulse shows the week ending Sept. 5 was the strongest week for restaurant sales since July, but growth remains negative.

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MAFSI Business Barometer Shows Strong Q2 Sales

According to the barometer, sales in the second quarter of 2021 climbed 19.1% over the second quarter of 2020, a jump from the projected increase of 16.1%.

Hiring Talent Remains Top Industry Challenge

Hiring talent remains the top industry challenge, according to the National Restaurant Association's mid-year State of the Restaurant Industry report.

TIndex Shows ‘No Indication’ of Industry Sales Being Impacted by Delta Variant

Despite a slight drop in July's TIndex, restaurant sales remain strong, according to Technomic.

Restaurant Sales Continue To Show Positive Growth, Despite Slowing Dine-In Traffic

The decrease in dine-in sales, combined with an increase in off-premise sales, is a sign that consumers may be reacting to climbing cases of COVID-19 driven by the delta variant in the U.S., according to the report.

TIndex Shows June Foodservice Sales Exceed 2019 Numbers

June is the first month since the pandemic to outpace corresponding monthly sales from 2019.

Big Chains’ Sales Are on the Upswing

More chains announced their second-quarter financial results today, and the results were promising. Sales at McDonald’s and The Cheesecake Factory increased 6.9% and 10%, respectively, over 2019 levels, outpacing pre-pandemic sales.

What To Consider When Opening a Ghost Kitchen

Operators of ghost kitchens have a different set of considerations to heed than operators opening traditional restaurants.

Restaurant Sales Hit Pre-Pandemic Levels in June, Black Box Says

Diners are out, according to Black Box Intelligence's latest restaurant guest satisfaction snapshot, which shows restaurants posted a fourth consecutive month of same-store sales growth and were performing better than they were in 2019.

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