After a disappointing end to last year, 2014 began with the restaurant industry still showing signs of weakness as it continues to struggle with declining same-store sales and guest counts. This situation was exacerbated in January by the fact that once again, large regions of the country suffered from extreme winter storms that greatly impacted consumer spending in … [Read more]
Tagged As "restaurant snapshot"
Restaurant Industry Anxious to Leave 2013 Behind; Weather Wallops December Sales and Ends a Disappointing Q4
The year ended on a negative note for the restaurant industry as December was plagued by severe winter storms and a shortened shopping season due to a late Thanksgiving. The latest results published by Black Box Intelligence and People Report through the Restaurant Industry Snapshot for December, released this week, show December pushed Q4 same-store sales performance … [Read more]
Black Box Intelligence and People Report released The Restaurant Industry Snapshot this week, showing a return to positive sales during the month of March. The restaurant consumer indicated a third straight month of pullback through their “Consumer Willingness to Spend Index” research from Consumer Edge. Same-store sales were +0.5 percent in March, compared to … [Read more]