Tag Archive | restaurant sales

Why 'Grocerants' Are the New Trend, Taking Bite out of Restaurants

Why ‘Grocerants’ Are the New Trend, Taking Bite out of Restaurants

Whether it’s pizza from a wood-fired oven or a glass of wine while shoppers stroll the aisles, some grocers are turning portions of their stores into a nosher’s delight — and creating tough new competition for fast-food chains and traditional restaurants. The phenomenon is growing fast enough both in prevalence […]

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Secrets From the Highest-Grossing Restaurant in New York

Secrets From the Highest-Grossing Restaurant in New York

If there’s a venture with a projected shelf life of five minutes, it’s a nightlife restaurant in New York’s Meatpacking District. The exception? Tao Downtown. Since it opened in 2013, with heavy wooden doors that look like they were airlifted in from an ancient Chinese fort, the temple to Pan-Asian-style […]

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Survey: Moms Want Seafood, Ethnic Cuisine and Steak on Mother's Day

Survey: Moms Want Seafood, Ethnic Cuisine and Steak on Mother’s Day

New research from the National Restaurant Association shows that 35 percent of Americans plan to dine out on May 8; Mother’s Day remains most popular holiday to dine out New research from the National Restaurant Association shows that 35 percent of Americans plan to dine out on Mother’s Day, and […]

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Restaurant Performance Index Rose in October

Restaurant Performance Index Rose in October

Six in 10 operators reported higher same-store sales; Operators’ outlook for sales growth and the economy improved from recent months Driven by stronger same-store sales and a more optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a moderate gain in October.  The RPI – […]

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Restaurant Performance Index: Operators' Sales Outlook at Two-Year Low

Restaurant Performance Index: Operators’ Sales Outlook at Two-Year Low

While current same-store sales remain positive, expectations for growth have steadily declined Although same-store sales and customer traffic remained positive in September, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a modest decline.  The RPI – a monthly composite index that tracks the health of and outlook for the […]

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Restaurant Performance Index Declined in August

Restaurant Performance Index Declined in August

Restaurant operators report softer sales and traffic levels As a result of softer same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) declined in August. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – […]

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Restaurant Performance Index Rose in July

Restaurant Performance Index Rose in July

Majority of operators reported higher same-store sales and customer traffic; Operators are more tentative in their outlook for sales and the economy Driven by stronger same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a solid gain in July. The RPI – a monthly […]

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Dampened Outlook Causes Restaurant Performance Index Decline in June

Dampened Outlook Causes Restaurant Performance Index Decline in June

Same-store sales remained positive; operators less optimistic about the economy As a result of a somewhat dampened outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) declined in June for the second consecutive month. The RPI – a monthly composite index that tracks the health of and […]

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Restaurant Performance Index Remained in Positive Territory in May

Restaurant Performance Index Remained in Positive Territory in May

Despite softer same-store sales and customer traffic levels, restaurant operators remain optimistic about business conditions in months ahead Although same-stores sales and customer traffic levels softened somewhat in May, the National Restaurant Association’s Restaurant Performance Index (RPI) remained in positive territory.  The RPI – a monthly composite index that tracks […]

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Restaurant Performance Index Posts Moderate Gain in April

Restaurant Performance Index Posts Moderate Gain in April

Stronger same-stores sales and customer traffic levels drive boost Driven by stronger same-stores sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a moderate gain in April. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant […]

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Restaurant Sales Surpassed Grocery Store Sales for the First Time

Restaurant Sales Surpassed Grocery Store Sales for the First Time

Monthly sales at restaurants exceeded grocery stores sales for the first time on record, the National Restaurant Association noted today. In his latest Economist’s Notebook commentary, the National Restaurant Association’s Chief Economist Bruce Grindy breaks down industry sales trends: For the first time on record in December, monthly sales at […]

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Restaurant Performance Index Remained Positive in March

Restaurant Performance Index Remained Positive in March

Majority of restaurant operators reported higher same-store sales As a result of higher same-store sales and a continued optimistic outlook for future business conditions, the National Restaurant Association’s Restaurant Performance Index (RPI) remained in positive territory in March. The RPI – a monthly composite index that tracks the health of […]

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Restaurant Performance Index Dipped in July

Restaurant Performance Index Dipped in July

While same-store sales and customer traffic levels rose, operators’ outlook for the economy remains mixed Due in part to a dampened outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a modest decline in July. The RPI – a monthly composite index that tracks the health […]

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Restaurant Performance Index Declined in June Amid Softer Customer Traffic Levels

Same-store sales continued to rise; Restaurant operators remain generally optimistic about sales growth, less bullish on economy overall Washington, DC  (RestaurantNews.com)  Due in large part to softer customer traffic levels, the National Restaurant Association’s Restaurant Performance Index(RPI) registered a moderate decline in June. The RPI – a monthly composite index […]

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