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January 10, 2017

Total U.S. restaurant industry visit growth will remain stalled in 2017 but quick service restaurant traffic will see uptick

U.S. restaurant industry traffic will remain stalled in 2017 in much the same manner it did in 2016, reports The NPD Group, a leading global information company.  The new year will bring little to no traffic growth for the total U.S. foodservice market.  Quick service restaurants (QSRs), however, will increase visits by an estimated 1 percent, faring better than the flat growth achieved in  2016. The modest gain for QSRs will offset the anticipated 2 percent decline for full service restaurants, resulting in no-growth traffic  for the industry overall, according to NPD Group’s daily tracking of U.S. consumers’ use restaurants and other foodservice outlets.

“Restaurant operators are in a position to alter the current forecast, but will need to differentiate themselves from the competition,” says Bonnie Riggs, NPD Group’s restaurant industry analyst. “In the year ahead, it will be critical for them to stay relevant in consumers’ minds, focusing on innovative products, unique promotions, competitive pricing, stating the benefits of eating at restaurants vs. home, and delivering an enjoyable experience.”  Read More

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