July 24, 2014

Restaurant traffic in gridlock: NPD

Restaurant traffic remained flat and below pre-recession levels, reflecting penny-wise consumers’ tendency to cap their dining-out occasions, The NPD Group reported. NPD is a leading global information company. US consumers made approximately 61 billion visits to restaurants in the year ending May 2014, and that figure hasn’t changed significantly. NPD is forecasting miniscule growth in restaurant traffic¬†– less than 1 percent annually over the next several years. Read More

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