Restaurant sales

Grocery sales plummet as restaurant sales pick up

Diving brief: The U.S. restaurant industry saw its fourth consecutive month of sales acceleration in August, with sales up 3.7% as major grocery chains saw sales fall 7% from July , according to new data from M Science, a data analytics company. The grocery brands that saw the biggest deceleration in sales in August compared […]

Restaurant sales

Dine out: August U.S. restaurant sales rise as industry struggles continue

The recovery in US restaurant sales and employment continued in August, but at a slower pace than in previous months. August sales from the beleaguered industry fell about 15% from the year-ago period, leaving the US restaurant industry on course to lose $240 billion in sales by the end of the year, according to the […]