According to a Recent Study/Survey … End-of-November 2016 Edition

16 Min Read By MRM Staff

As part of our mission to be the go-to resource for on-the-go restaurant industry professionals, Modern Restaurant Management magazine (MRM) offers highlights of recent research. This end-of-November edition features news of a downgraded forecast, Small Business Saturday success and the love of sugar.

Restaurant Struggles Expected to ContinueAs consumer traffic declines, it appears that both 2016 and 2017 will not be as positive as first anticipated based on Technomic's restaurant industry forecast released in May of this year.  In particular, full service restaurant growth has been shaved by 1.4 and 0.8 points for 2016 and 2017 respectively, to where total segment nominal growth for each year is expected to be 3.5 percent.  With inflation expected to be 2.7 percent in both years, real growth will only be 0.8 percent.

"Major full service chains, especially in the casual dining sector of the market, are really struggling," states Joe Pawlak, Technomic Managing Principal.  "Consumer…