The spring brought much needed relief for the restaurant industry, which based on the results for May has now posted three consecutive months of positive same-store sales. On a quarter-to-date basis same-store sales are approaching 0.5% at the end of May, fueling hope that Q2 2014 could be the first quarter since Q2 of last year in which the industry has reported positive … [Read more]
Tagged As "restaurants"
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]