The year continues to be disappointing for the restaurant industry as February again resulted in negative same-store sales. This represents the third consecutive month in which this key metric has shown decreasing sales, which hasn't occurred in over three years. This is clearly evidence of the predicament the industry faces during this unusually cold winter. This was … [Read more]
Tagged As "upscale dining"
When it comes analyzing the effect of the Super Bowl on the restaurant industry, usually the discussion centers on the boon experienced by those concepts that deliver pizza or where people can go pick up their chicken wings before heading home to watch the big game. But what about the effect on restaurants operating in the event’s host city? “The effect of the Super Bowl … [Read more]