Restaurant industry sales continue to improve in August: NPD Group
Share of digital transactions decrease Restaurants continue to experience a recovery, with August sales posting a decrease of only 9 percent compared to last year, reflecting a 10 percent year-over-year […]
Fast-casual unit growth driving increased traffic while restaurant industry sales flat: NPD
Fast casuals are the only segment in the restaurant industry that are growing traffic, says a report from NPD. The Chicago-based research firm has seen traffic grow 6 percent annually over the most recent five years. According to the NPD Fall 2017 ReCount restaurant census. The growth leaders among fast-casual chains included Chipotle, Panera, Panda Express, and Raising Cane's. Fast casuals have appealed to households with incomes of $100K or more.
