Restaurant sales

Statistics Canada – Coast Mountain News

Sales at restaurants and bars in this country have surpassed their pre-COVID-19 levels for the first time since the start of the pandemic, according to Statistics Canada. However, an industry group has warned that with rising inflation, many restaurateurs are still struggling to get by. New data released Tuesday shows sales at Canadian restaurants and […]

Restaurant sales

Statistics Canada – Campbell River Mirror

Sales at restaurants and bars in this country have exceeded their pre-COVID-19 levels for the first time since the start of the pandemic, according to Statistics Canada. However, an industry group has warned that with rising inflation, many restaurateurs are still struggling to get by. New data released Tuesday shows sales at Canadian restaurants and […]

Restaurant sales

Statistics Canada – Vernon Morning Star

Sales at restaurants and bars in this country have exceeded their pre-COVID-19 levels for the first time since the start of the pandemic, according to Statistics Canada. However, an industry group has warned that with rising inflation, many restaurateurs are still struggling to get by. New data released Tuesday shows sales at Canadian restaurants and […]

Restaurant sales

Restaurant sales in Canada surpass pre-pandemic levels

Advertising Restaurant and bar sales in Canada surpassed pre-pandemic levels from 2019, according to the latest data from Statistics Canada. Sales at Canadian restaurants and bars rose 6.5% in March from February of this year to reach$6.8 billion. Year-over-year sales were up 35% from March 2021 and up 4.9%than in March 2019 before […]

Restaurant sales

Restaurant sales continue 15-month growth streak

The good news for the restaurant industry is that sales growth remained positive in April. The industry saw a 15-month streak of year-over-year sales improvement. The last time industry sales growth was negative was in February 2021, when restaurants hit a new high in the number of COVID cases at the end of 2020. But […]

Restaurant sales

How to Increase Restaurant Sales: A Guide

Image source: Getty Images Do you want to improve your restaurant’s cash flow? Find out how to increase your restaurant’s sales by providing great online and in-house experiences. There are a million different ways to increase sales. Some, like a one-time promotion, will put a few extra dollars in your pocket during an off-season. Other […]

Restaurant sales

Muscle Maker, Inc. posts 128% restaurant sales

Net losses narrow, total revenue increases, operating expenses and general and administrative expenses improve LEAGUE CITY, TX, May 12, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Muscle Maker, Inc. (Nasdaq: GRILL), the parent company of Muscle Maker Grill, Pokemoto Hawaiian Poke and SuperFit Foods, today announced its first quarter 2022 financial results were released on […]

Restaurant sales

Report: Digital orders make up a third of restaurant sales

A new report from Patronix Systems Inc., a digital customer experience platform, found that digital orders have grown to one-third of total restaurant and convenience store food orders, up from just 12% before the pandemic. While in-store sales remain down nearly half, digital orders remained high at 113% of pre-pandemic levels, according to a press […]

Restaurant sales

RCI announces 2Q22 club and restaurant sales; Continued strong performance

Total club and restaurant sales: RCI reported total club and restaurant sales of $63.0 million and $124.2 million for the second quarter and first six months of FY22, respectively. Record $24 million March sales: While January was affected by Omicron and February by bad weather, March was a record month, with approximately $24 million in […]

Restaurant sales

Technomic reports that sales of the 500 largest restaurant chains have recovered to pre-pandemic levels in 2021

CHICAGO, April 8, 2022 /PRNewswire/ — Technomic has released one of its most anticipated reports, the 2022 Top 500 Restaurant Chains Report, which includes expert findings and insights into the sales performance of US restaurant chains in 2021. The report draws on decades of historical data, providing detailed analysis of the restaurant industry and trends […]

Restaurant sales

Non-Slip Footwear for Restaurant Sales Market Size, Growth and Forecast by Major Key Players

New Jersey, United States,-The Non-Slip Footwear for Restaurant Sales market reports study a variety of parameters such as raw material, cost, technology, and consumer preference. It also provides important market identification information such as history, various expansions and trends, trade overview, regional markets, trade and market competitors. The report covers company-specific capital, revenue, and price […]

Restaurant sales

Soaring gas prices are cutting restaurant sales and profits, studies show

Photography: Shutterstock Nearly half of U.S. consumers are cutting restaurant spending due to soaring gas prices, as pain at the pump may result in shorter orders and travel to cheaper places, according to a new report from research firm Technomic. A separate study found that restaurateurs also face the impact on their own budgets. Around […]

Restaurant sales

Restaurant365 reports rebound in restaurant sales as third year of COVID-19 approaches

IRVINE, Calif., March 25, 2022 /PRNewswire/ — As the COVID-19 pandemic passes the two-year mark, Restaurant365the leading all-in-one restaurant management platform, today announced that customer sales have increased since the onset of COVID-19 and that restaurants are showing signs of being better positioned to invest in new technologies in order to continue to improve their […]

Restaurant sales

A Guide to Accurate Sales Forecasting for Restaurants | modern restaurant management

Sales forecasting is always tricky in the restaurant world. This is partly because the industry is inherently unpredictable. Under normal circumstances, you can use sales figures from previous years to predict the year ahead – but, as we emerge from two years of COVID shutdowns, staff shortages and general unrest, sales figures previous ones are […]

Restaurant sales

Muscle Maker, Inc. Posts 154% Growth in Restaurant Sales and Improves Financial Results for Fiscal 2021

Net losses decrease, overall revenues increase, operating expenses and general and administrative expenses improve League City, Texas, March 17, 2022– MuscleMaker, Inc. GRILLthe parent company of Muscle Maker Grill, Pokemoto Hawaiian Poke and SuperFit Foods restaurants, today announced that it will release its fiscal 2021 financial results on March 17and for the year ended December […]

Restaurant sales

Muscle Maker, Inc. posts 154% growth in restaurant sales and

Net losses decrease, overall revenues increase, operating expenses and general and administrative expenses improve LEAGUE CITY, TX, March 17, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Muscle Maker, Inc. (Nasdaq: GRILL), the parent company of Muscle Maker Grill, Pokemoto Hawaiian Poke and SuperFit Foods restaurants, today announced that it will release its fiscal 2021 financial […]

Restaurant sales

Muscle Maker, Inc. posts 154% growth in restaurant sales and

Net losses decrease, overall revenues increase, operating expenses and general and administrative expenses improve LEAGUE CITY, TX, March 17, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Muscle Maker, Inc. (Nasdaq: GRILL), the parent company of Muscle Maker Grill, Pokemoto Hawaiian Poke and SuperFit Foods restaurants, today announced that it will release its fiscal 2021 financial […]

Restaurant sales

Restaurant sales improve after January slump

After ten straight months of traffic gains, the U.S. restaurant industry’s recovery slowed in January, according to The NDP group. However, things are looking up. OMICRON INDUCED SLOWDOWN IN JANUARY The surge in the COVID-19 Omicron variant impacted restaurant traffic in January. The NPD Group found that physical and online visits to US restaurants fell […]

Restaurant sales

Integrating digital and on-site experience is key to driving restaurant sales

A new report from Paytronix has revealed that restaurant managers are increasingly looking to integrate physical and online customer experience as a key part of their innovation strategy to drive restaurant sales. the Restaurant Friction Index 2022 found that a cross-channel ordering experience has become an integral approach. Four in 10 (41%) of the average […]

Restaurant sales

Introducing Toast’s Restaurant Trends Report: Restaurant Sales Increased 41% Year Over Year | News

BOSTON–(BUSINESS WIRE)–February 23, 2022– Toast (NYSE: TOST), the all-in-one platform built for restaurants, today announced the first edition of its quarterly Restaurant Trends Report, providing visibility into the overall state of the restaurant industry. dining through aggregate restaurant sales data on the Toast platform, which has approximately 57,000 locations at the end of 2021 in […]

Restaurant sales

Introducing the Toast Restaurant Trends Report: Restaurant sales increased 41% year-over-year

BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the all-in-one platform built for restaurants, today announced the first edition of its quarterly Restaurant Trends Report, providing visibility into the overall health of the restaurant industry through aggregate restaurant sales data on the Toast platform, which has approximately 57,000 locations at the end of 2021 in the United States Throughout […]

Restaurant sales

Restaurant sales fall again in January – Produce Blue Book

January marked the second consecutive month of declining restaurant sales from the previous month. According to US Census Bureau datatotal restaurant and drinking place sales were $72 billion in January, down from $72.5 billion in December and November’s peak of $73.1 billion. January saw a spike in omicron variant COVID-19 infections, which likely dented restaurant […]

Restaurant sales

Restaurant sales fall for the second consecutive month in January

Restaurant sales continued to decline for the second consecutive month in January as the United States reached the peak of the omicron variant outbreak of COVID-19, according to the latest data from the US Census Bureau. Restaurant sales peaked in November at $73.1 billion, before falling to $72.7 billion in December and $72 billion in […]

Restaurant sales

Top Flavor Trends Drive Restaurant Sales

Shutterstock When it comes to menu optimization, giving customers the ability to customize their meals is probably one of the best strategies for retaining happy customers. However, increasing menu variety does not necessarily mean increasing the number of recipes employees must learn, the time spent on prep work, or the number of ingredients in the […]

Restaurant sales

NRA: Restaurant sales in the United States are expected to reach $898 billion in 2022

The U.S. restaurant industry is expected to hit $898 billion in sales this year, returning to the trajectory of the pre-COVID pandemic, the National Restaurant Association said in its 2022 State of the Restaurant Industry Report. published on Tuesday. The Washington, DC-based association in the new report available for download, noted that foodservice sales remain, […]

Restaurant sales

Restaurant sales expected to increase this year, but volatility will continue

Photo by Jonathan Maze The National Restaurant Association expects industry sales to rise 12.4% this year to $898 billion, a nominal record that would be 3.9% higher than 2019 sales levels, according to its annual report on the state of the restaurant industry released on Tuesday. But other data suggests a tougher year than it […]

Restaurant sales

ATB Financial – Red Deer Defender

Alberta restaurant sales improved in November, but still weak: ATB Financial Alberta restaurants saw better sales last November, but there’s still plenty of room for improvement, according to ATB Financial. November marked the second consecutive monthly increase in restaurant and bar sales in the province, with […]

Restaurant sales

Omicron accelerates decline in restaurant sales | Business

The heavy blow to restaurants nationwide demonstrates the pandemic’s continued blow to the industry, despite national efforts to avoid the economic pitfalls of closings this winter. Sales fell at 98% of restaurants across the country in December, according to a survey of 1,169 restaurants by the Independent Restaurant Coalition. Sales fell by at least half […]

Restaurant sales

Independent restaurant sales plummet amid Omicron surge, survey finds

About 58% of restaurants said sales had more than halved in December 2021. Credit: Nenad Maric/Pixabay. A new investigation found that a majority of independent restaurants in the United States saw declining sales in December 2021, following an increase in Covid-19 cases driven by the Omicron variant. The survey is based on data collected by […]

Restaurant sales

RCI reports club and restaurant sales of $61.1 million in 1Q22

HOUSTON, January 11, 2022 /PRNewswire/ — RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced sales of its Nightclubs and Bombshells restaurants for the first quarter of fiscal 2022 ended December 31, 2021. Eric LanganPresident and Chief Executive Officer of RCI Hospitality Holdings, Inc., said, “We had a strong first quarter as we took advantage of the […]

Restaurant sales

Dineline, redefining the meaning of predictable restaurant sales

The right system for your business can be the difference between success and failure. However, it does not come without challenges when choosing the type of technology needed to ensure that your business achieves consistent growth. It is important to manage this effectively at all stages; from start-up and through expansion phases. While there is […]

Restaurant sales

Prices and supply issues threaten restaurant sales

As winter approaches, headwinds in all parts of the catering operations come together to create a perfect blizzard for operators. Between supply chain challenges, consequent increases in food prices, labor difficulties and the emergence of the omicron variant, restaurants will have to work hard to retain their customers. Food shortages and price increases have become […]

Restaurant sales

UK pub, bar and restaurant sales hit by inflation and labor shortages

Sales rose 3% at UK-managed restaurant, pub and bar groups in October compared to the same month in 2019, compared to an 8% increase in September Pubs, bars and restaurants across Britain are under pressure from rising inflation, labor shortages and supply chain constraints as they struggle to recover from the impact of the COVID-19 […]

Restaurant sales

Restaurant sales rebound at Chipotle

NEWPORT BEACH, CA. — Restaurant sales at the Chipotle Mexican Grill have recovered nearly 80% from pre-pandemic levels, Brian R. Niccol, chief executive, said in a call Oct. 21 to discuss third-party results. trimester. “While the impacts of COVID will likely linger for a few more quarters, we hope the worst is behind us and […]

Restaurant sales

Restaurant sales of Chipotle rebound | 2021-10-25

NEWPORT BEACH, CALIF. – Restaurant sales at the Chipotle Mexican Grill have recovered nearly 80% from pre-pandemic levels, said Brian R. Niccol, chief executive, during a call Oct. 21 to discuss the results of the third trimester. “While the impacts of COVID will likely persist for a few more quarters, we hope the worst is […]

Restaurant sales

RCI 4Q21 Clubs and Restaurants sales of $ 54.4 million, + 91.6% vs. 4Q20 and + 23.5% vs. 4Q19

HOUSTON, 12 October 2021 / PRNewswire / – RCI Hospitality Holdings, Inc. (Nasdaq: RICK) Announces Sales of its Nightclubs and Bombshells Restaurants for the Fourth Quarter and Fiscal Year Ended Fiscal 2021 September 30, 2021. Eric Langan, President and CEO of RCI Hospitality Holdings, Inc., said, “We have had an excellent fourth quarter and year. […]

Restaurant sales

Afghan restaurant sales drop 80%, owner fears for future

A Kabul restaurant owner said the Taliban takeover left him hopeless. Sales fell by 80% at Mojeburahman Musleh’s establishment, the Laziz Mahal restaurant. The people of Afghanistan have reduced purchasing power and cannot afford to eat out, he told Insider. Loading Something is loading. Until three months ago, sales were steadily increasing at Laziz Mahal, […]

Restaurant sales

Afghan restaurant sales plummet 80% after Taliban takeover, leaving owner to worry about his future

A Kabul restaurant owner says the Taliban takeover left him hopeless. Sales fell by 80% at Mojeburahman Musleh’s establishment, the Laziz Mahal restaurant. Afghanistan residents have reduced purchasing power and cannot afford to eat out, he told Insider. Until three months ago, sales were steadily increasing at Laziz Mahal, a newly renovated fast food restaurant […]

Restaurant sales

Rave Restaurant sales, profits remain on track for growth

September 21, 2021 Rave Restaurant Group reported its fifth consecutive quarter of positive sales and profits for the fourth quarter ended June 27, 2021, according to an earnings report. The company recorded net income of $ 926,000 for the fourth quarter of fiscal 2021 compared to net income of $ 31,000 for the same period […]

Restaurant sales

Restaurant sales and traffic take a hit in August, study finds

By: Kerry Pipes | 1,335 readings | 1 actions Restaurant sales and traffic had increased in recent months. It came to a halt in August, as rising Covid numbers and media coverage of the Delta variant impacted sales and traffic numbers. Sales growth was only 6.1% in August, down 2.1 percentage points from the strong […]

Restaurant sales

Rave restaurant sales and profits remain on growth path

September 21, 2021 Rave Restaurant Group posted its fifth straight quarter of positive sales and earnings for the fourth quarter ended June 27, 2021, according to an earnings report. The company recorded net income of $926,000 for the fourth quarter of fiscal 2021, compared to net income of $31,000 for the same period in 2020. […]

Restaurant sales

Delta has cut restaurant sales, but Americans are still spending a lot of money

The delta variant of the coronavirus slashed restaurant sales in August, but Americans instead spent more money on other products. A survey of retailers shows sales rose sharply in the past month, with the exception of a few categories that have been hit the hardest by the pandemic. Take receipts from restaurants. They barely increased […]

Restaurant sales

Restaurant sales were flat in August, even as the coronavirus increased

Restaurant sales were flat in August as COVID increased./Photo: Shutterstock The delta variant slowed the recovery of the restaurant industry. But he didn’t break it. Restaurant sales stagnated in August, according to U.S. census data released Thursday. Food services and drinking places generated just under $ 72 billion in sales in August, up 32% from […]

Restaurant sales

How AI-powered menu grouping can boost restaurant sales

For restaurant and convenience store marketers, campaign selection is a challenge. They should factor in the cost of guest messaging as well as any discount or reward to include. They must also weigh the relevance of the message and the end monetary goal. Too large an offer can break the campaign budget, but too narrow […]

Restaurant sales

Luby’s Closes Restaurant Sales, Reaches New Deal To Sell Real Estate

Luby’s signed a deal last week to sell dozens of Texas properties to an Arizona-based real estate company in a deal valued at $ 88 million. Store Capital Acquisitions has agreed to buy up to 26 of Luby’s Texas properties and expects to close the sale on Oct. 12, according to a filing with the […]

Restaurant sales

As Americans dine out, Hormel restaurant sales increase

Americans are dining out again, and sales at Hormel restaurants reflect this. The restaurant business at the company, which serves the restaurant industry, jumped 45% from last year’s pandemic-induced lull in the summer quarter. The Austin, Minnesota-based food maker on Thursday reported sales growth across all lines of business in its fiscal third quarter ended […]

Restaurant sales

NRA increases restaurant sales forecast for 2021 to $ 789 billion

Dive brief: The National Restaurant Association predicts that restaurant and foodservice industry sales for 2021 will total $ 789 billion, according to the organization Semi-annual report on the state of the restaurant industry published Tuesday. The association previously forecast sales to reach $ 731 billion in a report it came out earlier this year. Citing […]

Restaurant sales

Restaurant sales are exploding, but for how long?

The restaurant industry continued to regain its financial footing in June, but aftershocks from the pandemic have yet to subside. “The industry is currently extremely strong and is booming. For many operators, they have more business than they can handle, ”said Joseph Pawlak, CEO of Technomic. The Food Institute. “But on the negative side, commodity […]

Restaurant sales

Digital fundraisers boost restaurant sales amid pandemic

McAlister’s Deli, On the Border Mexican Grill and Cantina and Modern Market roll out new solution for restaurants to engage local community groups (RestaurantNews.com) Think restaurant fundraising is a thing of the past? Think again: fundraising for restaurants has gone digital and the results are staggering. As dining restrictions continue to evolve, restaurants can now […]

Restaurant sales

RCI sets new record for total quarterly club and restaurant sales of $56.7 million in 3Q21

HOUSTON, July 8, 2021 /PRNewswire/ — RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced sales of its Nightclubs and Bombshells restaurants for the third quarter of fiscal 2021 ended June 30, 2021. The results reflect a continued rebound from the COVID-19 pandemic. 3T21 vs. 3T20 Total club and restaurant sales: $56.7 million compared to $14.3 […]

Restaurant sales

U.S. restaurant sales boom, but employment continues to slow – Quartz

The pandemic has hit the restaurant industry hard in the United States. More than 110,000 American restaurants have either permanently or long-term closed following last year’s pandemic – with nearly 2.5 million jobs lost from pre-pandemic levels, according to the National Restaurant Association. But business is picking up. As people emerge from lockdowns during the […]

Restaurant sales

Restaurant sales in the United States soar as pre-pandemic life returns

Monthly sales of food services and drinking places in the United States (seasonally adjusted) * Photo: Statista / IBT Retail and food service sales in the United States fell a modest 1.3% in May after rising sharply for most of 2021. The decline reported by the United States Census Bureau earlier this week is widely […]

Restaurant sales

California North Coast winemakers see visitors, restaurant sales return

What a difference it is in the North Coast from a year ago, when local wineries and restaurants began to reopen from the first shelter-at-home order that went into effect statewide in mid-March. This was reversed in early July 2020, less than a month later, followed by the color-coded tier system in late August which […]

Restaurant sales

Restaurant sales show few signs of slowing

Photography: Shutterstock Restaurant sales have been rising for nearly three months and show no signs of stopping, at least according to the latest update from Black Box Intelligence. The restaurant information company said same-store sales accelerated last week and have risen for 11 straight weeks. Sales for the week ended May 30 were the index’s […]

Restaurant sales

Restaurant sales are improving, with a few notable exceptions

Photo: Jeenah Moon (Getty Images), Naomi Baker (Getty Images), Ethan miller (Getty Images), Matt Cardy (Getty Images), Justin sullivan (Getty Images), Christophe Furlong (Getty Images) The past year has been, shall we say, “less than kind” for the restaurant and hospitality industry, and when it comes to publicly traded restaurant chains, we know exactly how […]

Restaurant sales

Beyond meat loss exceeds higher cost forecasts, restaurant sales slow

A woman sits next to a poster at the booth of the plant-based food company Beyond Meat at VeggieWorld in Beijing, China on November 8, 2019. REUTERS / Jason Lee Register now for FREE and unlimited access to Reuters.com Register May 6 (Reuters) – Beyond Meat Inc (BYND.O) reported a larger-than-expected quarterly loss on Thursday […]

Restaurant sales

Outback Steakhouse and Bonefish Grill owner says restaurant sales exceed pre-pandemic levels, workers easy to find

Bloomin ‘Brands CEO David Deno told CNBC restaurant sales were 12.6% above 2019 levels. He said the company has taken advantage of the delivery option and reopened dining rooms to boost sales. He also said that manpower has not been a problem for the company, despite a shortage of manpower in the industry. Business is […]

Restaurant sales

Restaurant sales recovered almost entirely in March

Photo courtesy of MOD Pizza Restaurant sales jumped 36% year-over-year in March as consumers spent their stimulus checks, allowing the industry to almost fully recoup sales lost during the pandemic despite capacity limits and closures. Food services and drinking places generated $ 61.2 billion in sales in March, up 13.4% from February, according to U.S. […]

Restaurant sales

Temporary pop-ups in Northwest Arkansas boost restaurant sales

Jonathan Key, director of drinks and bar at Bentonville’s restaurant The Preacher’s Son and Undercroft – the intimate bar and lounge in the restaurant’s basement – said the owners had recently transformed the cocktail bar into The Oasis at Undercroft on the tropical theme. The temporary (pop-up) event started on March 19 and will run […]

Restaurant sales

Restaurant sales take off

Photo courtesy of Fazoli The past year has been better than Carl Howard expected. Fazoli’s, the Italian chain based in Lexington, Ky., Of which he is the CEO, saw sales plummet in March and April at the start of the pandemic. But the company advertised, customers lined up at its drive-thru, and in the summer […]

Restaurant sales

5 things restaurant sales and customer morale are improving in February

Each week, Restaurant Hospitality rounds up five stories impacting independent restaurant operations that you may have missed. Here is your list for the week of March 22: Untitled, the Union Square Hospitality Group restaurant, is closing permanently Untitled, the ten-year-old Union Square Hospitality Group restaurant next to the Whitney Museum of American Art […]

Restaurant sales

British Columbia Wineries Seek To Improve Market Share As Restaurant Sales Dip

Breadcrumb Links Small business News Local news Local company Life Business Sales of British Columbia wines at restaurants are down by more than 50% as wineries innovate to convince local customers to buy direct from the source. Author of the article: Kevin griffin Debbie Etsell, owner of the Singletree Winery in Abbotsford, in one of […]

Restaurant sales

Restaurant sales fell in February

February may have been a good month for the restaurant industry in terms of job creation, but sales tell a different story. The National Restaurant Association, the “world’s largest restaurant trade association” representing more than 500,000 American restaurant businesses, reported on Tuesday March 16 that sales fell in February after a good month of January. […]

Restaurant sales

Restaurant sales show recovery even before stimulus hits

Restaurants are heading into spring on an upward trajectory, but the weather has again proven to remain a singular influential factor in industry performance, according to recently released sales data. This data also shows how far restaurants have to go before they can say they are fully recovered. Restaurant sales tracker Black Box Intelligence said […]

Restaurant sales

Restaurant sales fell 26% in January

A new report released by the National Restaurant Association shows that restaurants across the country continue to struggle because of the Covid-19 pandemic. More than three-quarters of the 3,000 restaurateurs recently surveyed by the association say their sales were lower in January than they were in January 2020 and, on average, sales were […]

Restaurant sales

Super Bowl Sunday boosts pizza and chicken wing sales in restaurants

National Football League fans gather in downtown Tampa ahead of Super Bowl LV during the COVID-19 pandemic on January 30, 2021 in Tampa, Florida. Octavio Jones | Getty Images Super Bowl Sunday is a big day for soccer and dining. But the channels that will likely benefit the most from feeding hungry fans have already […]

Restaurant sales

Restaurant sales to increase 10.2% in 2021, according to National Restaurant Association

Photography: Shutterstock Sales at food and beverage establishments in the United States will increase 10.2% in 2021 to a total of $ 548.3 billion as consumers respond to pent-up demand for dining experiences that were denied to them during the pandemic, according to a forecast released by the National Restaurant Association. The increase would follow […]

Restaurant sales

Expected increase in US restaurant sales in 2021 not enough to offset losses from pandemic – report

Jan.26 (Reuters) – An expected 11% increase in US restaurant sales in 2021, to $ 731.5 billion, will still not be enough to offset the industry’s heavy losses in 2020 due to the coronavirus pandemic, according to a report released Tuesday. Sales in the hard-hit industry fell nearly 24% in 2020 to $ 659 billion […]

Restaurant sales

Dining out: restaurant sales in December decline, ending a year of crisis

Sales in American bars and restaurants further eroded in December 2020 as the industry ended the year still grappling with the COVID-19 pandemic. December restaurant sales fell at a double-digit rate year over year, dropping for the third month in a row and ending a year of crisis for the restaurant industry. The National Restaurant […]

Restaurant sales

Notes on the dining room: Restaurant sales have not increased in the indies; The Cajun seafood boom continues

The Delawaren consume more food in restaurants, although the independents do not feel the love. A study by TOP Data and Zenreach indicates that in a recent two-week period, Delaware posted a gain of 14%, the 11th best among the 50 states. In the first row was the state of Washington. In contrast, neighbors New […]

Restaurant sales

Which states are doing the worst, the best for restaurant sales?

Staff at The Vineyard restaurant prepare food and drink for guests in accordance with social distancing guidelines in June. Photo contributed. published on December 31, 2020 – 2:57 PMWritten by Business Journal staff Across the country, among all types of restaurants, a new study shows spending on food and drink only declined by an average […]

Restaurant sales

Dining Out: US Restaurant Sales In November Stung By Cold And Pandemic

Sales in American bars and restaurants in November fell from the previous month as rising COVID-19 cases resulted in tighter restaurant restrictions and temperatures plummeted across the country. Experts see tough conditions for restaurants persist for months. The total number of jobs in food services and drinking places fell in November for the first time […]

Restaurant sales

Restaurant sales and traffic stumble again in November

Restaurant industry sales stumbled again in November as the number of COVID cases rose rapidly and colder weather began to become a barrier to outdoor dining in many parts of the country. Same-store sales growth was -10.3%, down 3.8 percentage points from the year-over-year sales growth rate in October. Same-store traffic of -16.3% in November […]

Restaurant sales

Restaurant sales and stagnant job growth in November

The restaurant industry’s recovery from the springtime depth of the COVID-19 pandemic appeared to stall in November, according to jobs, sales and traffic data released this week. Overall national unemployment in November fell slightly to 6.7% in November, the US Bureau of Labor Statistics reported on Friday, but food services and drinking places lost 17,400 […]

Restaurant sales

More than half of restaurant sales will be digital by 2025

Digital sales will account for more than half, or 54%, of all quick service and limited service restaurant sales by 2025, according to new survey figures from the market research company Incisiv. That’s 70% higher than pre-COVID estimates, the firm notes. This projected growth is not difficult to understand. It’s been a year-long total fire […]

Restaurant sales

Dine out: US restaurant sales in October stall as harsh winter sets in

Sales at U.S. bars and restaurants stalled for another month in October as states tighten pandemic-related restrictions and the industry prepares for an even tougher winter with limited outdoor dining options. The rate at which food services and drinking places added jobs in October suggests a full recovery won’t occur until late 2021 at the […]

Restaurant sales

At the restaurant: Restaurant sales heat up in September but lack heat from previous months

US bar and restaurant sales in September continued to rebound from pandemic-induced declines earlier in the year, although the pace of growth remained slower than in previous months. Food services and drinking places also added jobs at a moderate pace in September, suggesting that a longer recovery may be in store for the restaurant industry. […]

Restaurant sales

Decline in sales of cafes and restaurants – hotels

The latest retail trade figures from the Australian Bureau of Statistics (ABS) show Australian retail turnover fell 0.3% in January 2020, following a 0.7% fall in December 2020. Cafes, restaurants and takeaways were among the sectors that saw declines, with revenue down 0.3%. The industry wasn’t the worst, however – there were also declines for […]