Tag Archive | recession

A 'restaurant recession' sounds scary. Are we really on the brink of one?

A ‘restaurant recession’ sounds scary. Are we really on the brink of one?

In the past several weeks, the picture that we’ve gotten of the restaurant industry hasn’t exactly been a promising one. Dunkin’ Donuts saw traffic slip at its U.S. locations in the latest quarter. Potbelly Sandwich Works said it expects to be challenged by a “more cautious consumer” in the near future. […]

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Why Restaurant Recession Fears Are on the Rise

Why Restaurant Recession Fears Are on the Rise

Americans eat out when they’re feeling good about things. That’s why a recent slowdown in restaurant sales is alarming some. In the past few weeks, McDonald’s (MCD), Taco Bell owner Yum! Brands (YUM) and Starbucks (SBUX) have all described a new wave of caution that has crept up among customers, […]

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How Panera Bread Kept Rising Through the Recession

Since the end of 2007, about the time the U.S. recession began, Panera Bread has boosted revenue 24 percent and added 191 café-bakeries to its 1,421-unit chain—all while increasing its workforce by 20 percent with the hiring of 4,661 extra workers. The U.S. restaurant industry, meanwhile, saw same-store sales drop […]

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Visits to U.S. Restaurants Decline in Spring for the Eighth Consecutive Quarter, But Rate of Decline Slows Over Year Ago, Reports NPD

CHICAGO  (RestaurantMagazine.com)  The effects of a lingering recession continued to keep visits to U.S. restaurants down for the eighth consecutive quarter this past spring, but the rate of decline eased over the same quarter a year ago, according to The NPD Group, a leading market research company. NPD’s foodservice market […]

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Table by table, restaurants gain ground

It took more than a year, but American diners are coming out of hiding, starting to splurge on everything from tea to tacos and tacking on some dessert. The meals aren’t fancy — and business is far what it was before the recession sent the nation spiraling — but restaurateurs […]

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