Restaurant Industry Growth

With consumer intentions to spend on the rise, restaurant sales should continue their seven-month climb through March, according to Kurt Salmon's proprietary analysis. From October 2009, when consumers spent the least on dining out since before the Great Recession, restaurant spending has increased about 5%. - More

National Restaurant Association President and CEO Dawn Sweeney released the following statement tonight in response to President Obama’s address to Congress: - More

As part of its ongoing campaign to tell the story of America’s restaurants, the National Restaurant Association today unveiled its latest 'America Works Here' advertisement highlighting the industry’s commitment to local communities through charitable giving. - More

Livebookings announced that its total number of seated diners in Europe grew almost 11% over the previous quarter to 2.3 million diners, demonstrating a strong performance in the company's largest market. - More

Suffering from 'frugality fatigue,' American consumers are ready to get back to spending money in restaurants this year, according to Bob Bielinski, head of the Restaurant Industry Practice within Corporate Finance at CIT Group Inc. - More

The restaurant industry is not only an important source of jobs and careers, it is vitally important to the success of many other industries in the economy. As McDonald’s celebrates its National Hiring Day by adding up to 50,000 individuals to its roster, the National Restaurant Association has compiled a report of its research on the latest restaurant industry employment trends and the unique upward mobility that the industry offers. - More

Number of Minority Managers in Restaurants on the Increase - More

According to the survey of 39 CRCA organizations, no organization is reporting a complete freeze for the upcoming year. - More

The latest data shows intent to spend continuing a three-month slide after 18 months of steady growth. - More

The Top 200 Canadian Restaurant Chains, which account for over $25 billion and nearly 60 percent of the Canadian commercial restaurant industry's total sales, experienced a $741 million, or 3 percent increase in sales in 2010. - More

2012-02-06 - Kuala Lumpur - More

2012-02-17 - Hyderabad - More

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2012-02-27 - Washingon - More

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While the U.S. economic recovery remains fragile, we find much for the restaurant industry to celebrate. Packaged Facts' Foodservice Landscape forecasts restaurant growth of 4.2% in 2012, on the heels of 6% market growth in 2011.

Nonetheless, the industry continues to face significant challenges. For the past three years, guest traffic volume has come entirely from population growth, not usage increase. Restaurant operators across restaurant segments must also contend with th - More

On the heels of more than two years of recession, the foodservice industry continues to feel the results of discretionary spending pullbacks, and while it has worked margin miracles, must nevertheless work its way out of a triple threat: declining guest traffic, declining average check, and declines sales. Going forward, foodservice operators across all segments will need a walk the fine line by balancing incentives and discounts with added value and brand enhancement, working toward weaning con - More

The global outlook series on Restaurants provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a quick primer, and update on the trends and outlook for the restaurant industry, and enumerates recent mergers, and acquisitions. The report offers a discussion on key regional markets including United States, Japan, UK, and China. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact - More

Health on the Restaurant Menu: Foodservice Trends in the U.S. helps foodservice industry participants align their branding and menu development strategies with evolving consumer health perceptions and expectations; the quickly evolving health education landscape; and the effects of nationwide menu regulation.

The report does the following:

1. Identifies drivers and trends that have helped cause the industry to reflect on its role in addressing America's health.

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Hispanic consumers are central to restaurant industry growth: Hispanic share of consumer-driven restaurant sales is on the upswing, with growth of 4.7% in 2011, almost double that of the U.S. consumers generally. Latino Foodservice Trends in the U.S. provides industry participants with valuable insights about the impact Hispanics are having on the restaurant industry:

• How the prevalence of Hispanic youth, children, and choice of language spoken affect restaurant usag - More