Economic News
April 12, 2022
Food Away from Home Index Spikes to 40-Year High
As operators battle their own higher costs, menu prices continue to rise—and they’ve now hit a new high.
April 6, 2022
Younger Demographics Driving Full-Service Restaurant Growth
Sales at full-service restaurants haven’t returned to pre-pandemic levels, and it’s due to older guests not spending as much, says Black Box.
March 31, 2022
Technomic Expects Consumers To ‘Trade Down’ Foodservice Due to High Gas Prices
While Technomic expects consumers to still visit restaurants, the firm expects they’ll be signing smaller guest checks as they choose more affordable dining spots and forego extras like add-on desserts, appetizers and beverages.
March 30, 2022
Restaurant Sales, Traffic Take a Dip, Says Black Box
For the week ending March 20, Black Box says same-store sales took a dip, and though they remain positive, the decline may suggest “a future possibility of negative sales growth.”
March 30, 2022
Report Says Guest Satisfaction Declined Among All Restaurant Segments Last Year
As restaurants battled staffing challenges, COVID-related protocols and supply chain shortages last year that significantly impacted operations as restaurants were reopening, it appears overall guest satisfaction took a hit along the way.
March 22, 2022
MAFSI Barometer Shows a ‘Healthy Increase’ in Sales for Q4
Sales projections were nearly right on target, with Q4 sales growing 17.3% over Q4 2020. MAFSI predicts a 16.8% sales increase for Q1 2022.
March 18, 2022
Gas Prices Could Spell Trouble for March Restaurant Sales
The restaurant industry caught a bit of a break in February as a dip in the omicron variant led to the strongest monthly sales increase in nine months. However, the reprieve might be short-lived.
March 16, 2022
Restaurant Sales Growth Hits a Positive Streak
Restaurant industry sales are finally showing signs of recovery, according to Black Box Financial Intelligence’s weekly Restaurant Industry Performance Pulse.
March 2, 2022
Valentine’s Day Helps Boost Restaurant Sales into Positive Growth Territory
After weeks of declining restaurant sales growth, the industry saw some improvement for the week ending Feb. 20, according to Black Box Financial Intelligence’s weekly Restaurant Industry Performance Pulse.
February 25, 2022
Foodservice Industry Decelerates for Fourth Straight Month, Says Technomic
Technomic released its TIndex—a measurement of the health of the foodservice industry—for January, and it shows the industry has experienced four consecutive months of deceleration.
- Advertisement -
- Advertisement -
TRENDING NOW
- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -