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 […]

Restaurant sales

Good news for restaurant sales, but a bumpy road ahead

The restaurant industry remains in a waiting pattern, with no end in sight. And that worries consumers. In a recent nationwide survey commissioned by the National Restaurant Association, 89% of adults said they were concerned that businesses in their community, such as restaurants, would not survive the economic fallout from COVID-19. More than half of […]

Restaurant sales

Restaurant sales rebounded in May, but not enough

Restaurant sales rebounded in May, new federal data shows, as consumers continued to emerge from quarantine to use drive-thru and other takeout services and states began to gradually reopen restaurants. dining rooms. Food services and drinking places sales rose 29% to $38.6 billion, driving an overall 17.7% increase in retail sales last month, according to […]

Restaurant sales

Restaurant sales are improving, but it’s a complicated landscape

For the third week in a row, restaurant chains reported improved year-over-year comparable store sales compared to the prior period, according to Black Box Intelligence. Earnings for the week ending April 19 fell 47.6%, the best result since March 15 and an 11.3% improvement over the prior period. Over the past two weeks, all segments […]

Restaurant sales

First look at the impact of the coronavirus on restaurant sales

The spread of COVID-19 over the past few months — and subsequent social distancing and closed dining rooms — has reduced restaurant sales in all corners of the industry. But the situation has cut some brands much deeper than others. In this overall negative picture, there are clearly haves and have-nots. Analysis of recently released […]

Restaurant sales

Here’s how much restaurant sales fell in the past month

Photograph by Jonathan Maze It’s official: restaurant sales fell off a cliff last month. According to federal retail sales data released this week, sales in food services and drinking places were down 23% in March and 26.5% from their February level as states began to close dining rooms and operators who have closed their doors. […]

Restaurant sales

Dining Out: Pandemic Hits U.S. Restaurant Sales in March; experts fear the worst to come

Experts say the pain for the US restaurant industry is set to continue after sales fell nearly a quarter in March as the coronavirus keeps dining halls closed across the country and businesses look to snag take-out and delivery sales. Nearly half a million restaurant workers lost their jobs in March in what experts say […]

Restaurant sales

Coronavirus pandemic wreaks havoc on restaurant sales in March

The rapid decline in restaurant sales in the second half of March due to the COVID-19 pandemic was enough to send the industry plummeting to its worst month in decades. Same-store sales fell 28.3% in March. This update comes from data from Black Box Intelligence (formerly TDn2K) of more than 50,000 restaurants and $75 billion […]

Restaurant sales

Have restaurant sales bottomed out?

He agrees that the week ending March 22 has the biggest spike. This is the period when many counties and states implemented stay-at-home guidelines. It’s also worth remembering, Restuarant365 said, that the data includes restaurants that have closed, compounding the decline. March 11 really marked the moment when sales plummeted. Company data showed sales in […]

Restaurant sales

Poor restaurant sales in December set up an uncertain start to 2020

Same-store restaurant sales fell 2.1% year over year in December, the worst result for the industry in more than two years. A lag in the recording of the Thanksgiving holiday was partly responsible for the disastrous results, which offset the positive figures recorded in November. This report comes from data from Black Box Intelligence (formerly […]

Restaurant sales

Dine Out: U.S. Restaurant Sales Growth Outpaced Retail Sales Again in November

Year-over-year sales growth for U.S. bars and restaurants in November again outpaced overall retail spending gains for the third month in a row, according to an analysis by S&P Global Market Intelligence. Food services and drinking places continued to add jobs in November at a faster rate than the economy as a whole, and menu […]

Restaurant sales

At restaurants: U.S. restaurant sales growth outpaced retail sales again in October

According to an analysis by S&P Global Market Intelligence, year-over-year sales growth for U.S. bars and restaurants continued to outpace overall gains in retail spending in October despite slowing from the previous month. Food services and drinking places also continued to add jobs in October at a faster rate than the economy as a whole, […]

Restaurant sales

At the restaurant: the growth of restaurant sales in the United States accelerates in September

Sales growth at U.S. bars and restaurants accelerated in September after a summer slowdown, according to analysis by S&P Global Market Intelligence. Employment in food services and drinking places increased in September due to higher menu prices. Meanwhile, stock prices of most of the largest publicly traded restaurants by market capitalization declined in the month […]

Restaurant sales

Dining out: U.S. restaurant sales growth slows further in August

Sales growth at U.S. restaurants and bars continued to slow in August and has underperformed the broader retail sector for two straight months, according to analysis by S&P Global Market Intelligence. The number of employees in food services and drinking places grew faster in August than job gains in the economy as a whole, and […]

Restaurant sales

Why did restaurant sales hit a wall in July?

Local performance also took a hit in July, with only 88 markets posting positive sales compared to 108 in June. Texas was the weakest region, with negative sales growth of 2.68% and a traffic decline of 6.58%. The West region leads, with positive comps of 1.12% and red traffic of 2.65%. Only two of the […]

Restaurant sales

Restaurant sales rise to $863 billion in 2019

The restaurant industry is moving in the right direction. In its annual report on the state of the restaurant industry, the National Restaurant Association outlined where the business is and what operators can expect over the next decade. After analyzing surveys of restaurant owners, chefs, operators and consumers, the Association found that the overall industry […]

Restaurant sales

Menu Hacks Designed To Dramatically Boost Restaurant Sales | modern restaurant management

If you haven’t paid much attention to your menu in a while, you may be missing out on some very easy extra income. We’ve got three easy-to-copy restaurant tips that could dramatically increase your restaurant sales next year. With all the buzz of technology in restaurant digital marketing, it’s understandable that the traditional bread and […]

Restaurant sales

Opinion: Four Marketing Strategies to Increase Restaurant Sales

George Rice Every restaurant owner should be focused on increasing sales year over year, but figuring out how to meet the challenge can seem difficult and confusing. So let’s try to clarify it. From a real marketing perspective, there are really only four ways to increase restaurant sales: 1. Reach new customers who have never […]